Aicpa ppt
- 1. PRESENTEDBY GROUP4: - ANKITA BHATTAR(20BSP0293) - ANINDITA DUTTA (20BSP3156) ASSIGNMENT ON - AKASH SAHU (20BSP3292) - VISHWAJEET KUMAR (20BSP3106) - SRESTHA DUTTA (20BSP2497)
- 2. BRIEF INTRODUCTION AICPA is one of the national professional organisation of CPA’s (Certified Public Accounting) in the United States, since 1887. The organisation is fully focused on the sets of ethical standards for professional and auditing. It is integral to rule making and standard setting in CPA profession AICPA serves as an advocate for legislative bodies and public interest groups. AICPA is the first organisation to create the original financial accounting standards under GAAP
- 3. MISSION AND HISTORY Mission It aims in Powering the Global business, CPA’s, CGMA’s and speciality credentials with evolving public interest. It aims in prioritising the publicrelationsbased on the CPA skills which is significant More than 2000 volunteerscontribute to theAICPA’s fulling its mission History AICPS was founded in 1887 AICPA presents the CPA professionally and nationally regarding rule making and standardised settings. The AICPA develops the standardsfor audits and private companies and other services Today, we will find more than 4, 31, 000 members ofAICPA in 130 countries.
- 4. IMPORTANCE OFAICPA AICPA is useful in rule making and standard setting in the CPA profession. It serves as a legislative bodies with public interest groups The forerunners of AICPA have a history back in 1887 and it was known as AAPA (American Association of Public Accountant)
- 5. PURPOSE AND USE OFAICPA The AICPA develops the standard for audit of private companies and other services by CPA’s (Certification of Pubic accounting ) It provides educational guiding materials to its members Develops and grades the uniform CPA examination It also monitors and enforces the compliance with the help of professions, technical and ethical clients.
- 6. CAREER OPTIONS Once you become a licence CPA you will have the ability to choose specialization. Audit: Doing a detective work of investigating whether the companies are operatingethically. Financial Forensics: Working inside and outside, the courtroom by investigating the cases of corporate foreign bankruptcy. Information technologies: Using technologies to solve business problemsand improving efficiencies. Business valuation: Determining the true value of company in advance of mergers and acquisitions.