Tuesday, October 30, 2012

Isidor Hefter: A look at the American Institute of Certified Public Accountants

The American Institute of Certified Public Accountants (AICPA) is the largest member association representing the accounting practice, with almost 386,000 members, including Isidor Hefter of Rosen Seymour Shapss Martin & Company LLP.

Isidor Hefter Image Credit: interlinguaonline.webs.com

The AICPA maintains a set of ethical standards for the accounting profession and US auditing standards for audits of private companies, nonprofit organizations, federal, state, and local governments. AICPA members represent many areas of practice, including business, consulting, private practice, government, and education. On behalf of its members, the AICPA monitors and advocates on legislative and other issues affecting certified public accounts globally. Partnering with other CPA professional organizations, the AICPA educates federal, state, and local policymakers about key issues, including the following:

Taxation. The AICPA advocates on behalf of CPA members, like Isidor Hefter, with federal lawmakers and regulators to represent all CPAs and help create a more workable tax system for practitioners and taxpayers.

Isidor Hefter Image Credit: readersdigest.com

Federal issues. The AICPA helps promote effective policymaking by developing Congressional testimony and working with federally elected officials and regulatory agencies.

State regulation and legislation. As an information and resource provider, the AICPA monitors regulatory and legislative trends, assists discussions, and moderates information sharing.

Isidor Hefter Image Credit: rssmcpa.com

Isidor Hefter is also a member of the New York State Society of Certified Public Accountants. For more information about him and his work, visit this Facebook page.

1 comment:

  1. You need to have your CPA and be licensed in the state in which you are operating. There are different requirements for licensing depending on where you are, and they may require additional testing. (I had to take an ethics test in order to get my license). Depending on your area of focus you may need to take some classes on US taxation.
    Thanks;
    New York accountants

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