American Institute of Certified Public Accountants (AICPA) Definition
The AICPA creates and grades the CPA examination. In addition, it is also the organization that authored many of the original financial accounting and reporting standards included in GAAP – though FASB is now responsible for GAAP.
The AICPA’s primary objectives include the following: advocacy on behalf of members, certification and licensing of new members, promoting public awareness of CPA professionalism, recruiting and educating prospective CPAs, and establishing professional standards.
Access your Flash Report Execution Plan in SCFO Lab. The step-by-step plan to manage your company before your financial statements are prepared.
For more information on the AICPA, go to: AICPA.org