- American Institute of Certified Public Accountants
- AICPA The principal professional accounting organization in the United States. The AICPA was established in 1887, and it is headquartered in New York, with offices in New Jersey and Washington, DC. Individual U.S. states license *Certified Public Accountants (CPAs), but the AICPA is the *public accountants’ national association. The AICPAs Web site states that its mission is "to provide members with the resources, information, and leadership that enable them to provide valuable services in the highest professional manner to benefit the public as well as employers and clients." It is a highly influential organization and its activities include the provision of technical guidance to its members and contributions to national and international accounting issues. It also sets the uniform CPA examination, runs an Anti*fraud and Corporate Responsibility Center, and maintains an active publishing program. Its publications include a number of journals, magazines, and newsletters: the *CPA Letter, *In Our Opinion, the *Journal of Accountancy, and *The Practicing CPA. Prior to 1973 the AICPA set U.S. *accounting standards through the Committee on Accounting Procedure (1936 to 1959) and the *Accounting Principles Board (from 1959 to 1973). Accounting standards are now the responsibility of the *Financial Accounting Standards Board (FASB) and, for the public sector, of the *Governmental Accounting Standards Board. U.S. *auditing standards are set by the *Auditing Standards Board, which is an AICPA committee, supported by the *Audit and Attest Standards Team. Web site: www.aicpa.org
Auditor's dictionary. 2014.