Professional accounting bodies

CPA Canada urges united effort domestically to support international sustainability standards board

Retrieved on: 
Monday, May 31, 2021

TORONTO, May 31, 2021 /CNW/ - Chartered Professional Accountants of Canada (CPA Canada) is encouraging leaders from the country's private and public sectors to weigh in on important steps toward establishing a new international sustainability standards board.

Key Points: 
  • TORONTO, May 31, 2021 /CNW/ - Chartered Professional Accountants of Canada (CPA Canada) is encouraging leaders from the country's private and public sectors to weigh in on important steps toward establishing a new international sustainability standards board.
  • The IFRS Foundation Trustees have launched a consultation relating to the governance and composition of a proposed International Sustainability Standards Board (ISSB).
  • Canada has a strong track record of working with global institutions on sustainability and standard setting, and Canada has an important role to play in shaping the future of sustainability reporting.
  • Chartered Professional Accountants of Canada (CPA Canada) works collaboratively with the provincial, territorial and Bermudian CPA bodies, as it represents the Canadian accounting profession, both nationally and internationally.

New AICPA Chair Focuses on Empowering New Generation of Accountants

Retrieved on: 
Wednesday, May 26, 2021

As of June, he will also serve as vice chair of the Association of International Certified Professional Accountants, which combines the strengths of the AICPA and the Chartered Institute of Management Accountants (CIMA).

Key Points: 
  • As of June, he will also serve as vice chair of the Association of International Certified Professional Accountants, which combines the strengths of the AICPA and the Chartered Institute of Management Accountants (CIMA).
  • Anoop Mehta, CPA, CGMA, president of Science Systems and Applications in Lanham, Md., was voted in as the AICPAs vice chair.
  • Similar bonds are what made the profession so effective in aiding small businesses during the continuing economic upheaval from the pandemic.
  • His volunteer roles have included positions on the AICPA Board of Directors, the Association of International Certified Professional Accountants Board of Directors, the AICPA MAP Committee, the AICPA Small Firm Advocacy Committee, AICPA Council, the Association Nominating Committee, the ENGAGE Planning Committee and the AICPA Relations with the Bar Association Committee.

SqlDBM Achieves SOC 2 Type II Compliance for Secure and Operationally Effective Cloud Services

Retrieved on: 
Wednesday, May 26, 2021

SqlDBM , the maker of the leading browser-based, cloud-hosted database modeling tool of the same name, is excited to announce that it has achieved Service Organization Control (SOC) 2 Type II compliance.

Key Points: 
  • SqlDBM , the maker of the leading browser-based, cloud-hosted database modeling tool of the same name, is excited to announce that it has achieved Service Organization Control (SOC) 2 Type II compliance.
  • With this compliance, SqlDBM meets the five American Institute of Certified Public Accountants (AICPA) Trust Services Criteria for internal controls relevant to security, availability, processing integrity, confidentiality, and privacy.
  • View the full release here: https://www.businesswire.com/news/home/20210526005724/en/
    Dansa DArata Soucia LLP (DDS), a full-service CPA firm based in Buffalo, New York, conducted the audit.
  • Having worked with DDS on their SOC 2 Type I audit only a year prior, SqlDBM proves their ongoing commitment to safeguarding customer data and ensuring operational effectiveness.

Nominees Announced for the 2021 National Magazine Awards: B2B

Retrieved on: 
Monday, May 10, 2021

b'TORONTO, May 10, 2021 /CNW/ - The National Media Awards Foundation is proud to present the nominees of the third annual National Magazine Awards: B2B.

Key Points: 
  • b'TORONTO, May 10, 2021 /CNW/ - The National Media Awards Foundation is proud to present the nominees of the third annual National Magazine Awards: B2B.
  • 51 judges generously dedicated their time and expertise, evaluating over 200 submissions from 57 B2B publications across Canada.
  • Both Pivot, CPA Canada and University Affairs are competingalongside Esquissesfor the coveted title of Best Magazine.
  • Profession Sant and Professionally Speaking are tied for third place with five nominations each, while CAA Magazine, Precedent Magazine and University of Toronto Magazine are in fourth with four nominations each.

Cryptocurrency trading platform, NDAX Completes SOC 2 Type II Audit

Retrieved on: 
Tuesday, May 4, 2021

b'CALGARY, Alberta, May 4, 2021 /PRNewswire-PRWeb/ --Leading Canadian cryptocurrency trading platform, NDAX has successfully received a Service Organization Control (SOC) 2 Type II Certification after undergoing a comprehensive audit covering the company\'s internal controls.\n"We are proud to be independently recognized by an accredited third-party for the security standards and diligence our company has embodied since being founded in 2017.

Key Points: 
  • b'CALGARY, Alberta, May 4, 2021 /PRNewswire-PRWeb/ --Leading Canadian cryptocurrency trading platform, NDAX has successfully received a Service Organization Control (SOC) 2 Type II Certification after undergoing a comprehensive audit covering the company\'s internal controls.\n"We are proud to be independently recognized by an accredited third-party for the security standards and diligence our company has embodied since being founded in 2017.
  • This milestone is a testament to our continued vision of investing in a culture that aims to uphold the highest industry standards," Bilal Hammoud, Founder & CEO of NDAX, said.\nA SOC 2 Type II audit is an attestation report that examines the controls of an organization in accordance with the standards defined by the American Institute of CPAs (AICPA).
  • To achieve a SOC 2 Type II certification, an independent auditor conducted an in-depth investigation into NDAX\'s processes, procedures, and practices relevant to security, availability and confidentiality.
  • By being the only Canadian cryptocurrency trading platform to complete this evaluation, we are demonstrating that we are the optimal custodial and trading platform."

A Quarter of American Taxpayers Don’t Have a Financial Plan: AICPA Survey

Retrieved on: 
Tuesday, May 4, 2021

Use it as a tool to help you in developing a plan that will put you on the path to reach your financial goals.\xe2\x80\x9d\nConcerningly, the survey found that a quarter of American taxpayers (23 percent) do not have a financial plan.

Key Points: 
  • Use it as a tool to help you in developing a plan that will put you on the path to reach your financial goals.\xe2\x80\x9d\nConcerningly, the survey found that a quarter of American taxpayers (23 percent) do not have a financial plan.
  • Financial Literacy is the cause of the CPA profession and the 360 Degrees of Financial Literacy program is the AICPA\xe2\x80\x99s flagship corporate social responsibility effort.
  • AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.
  • The AICPA sets ethical standards for its members and U.S. auditing standards for private companies, nonprofit organizations, and federal, state and local governments.

New Resource from ISACA and AICPA & CIMA Helps Organizations Navigate Blockchain Risk

Retrieved on: 
Thursday, April 29, 2021

View the full release here: https://www.businesswire.com/news/home/20210429005757/en/\nDeveloped by the ISACA-AICPA & CIMA Joint Blockchain Working Group, whose mission is to identify and document risk associated with private blockchains, Blockchain Risk documents describes and provides context around specific risk related to blockchain implementation and operation.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210429005757/en/\nDeveloped by the ISACA-AICPA & CIMA Joint Blockchain Working Group, whose mission is to identify and document risk associated with private blockchains, Blockchain Risk documents describes and provides context around specific risk related to blockchain implementation and operation.
  • \xe2\x80\x9cUsing a resource such as this risk matrix means entities will be alerted to issues in order to design the necessary processes and controls to mitigate such risks and enable success.\xe2\x80\x9d\nThe white paper also includes an extensive list of additional blockchain resources from ISACA and AICPA & CIMA, including ISACA\xe2\x80\x99s new Blockchain Framework and Guidance and Blockchain Preparation Audit Program , and AICPA& CIMA\xe2\x80\x99s Blockchain and Beyond Learning Programs and Blockchain Universal Glossary .\nTo download a complimentary copy of Blockchain Risk, visit www.isaca.org/bookstore/bookstore-wht_papers-digital/whpbrc or https://future.aicpa.org/resources/download/blockchain-risk-consideratio... .
  • ISACA equips individuals with knowledge, credentials, education and community to progress their careers and transform their organizations, and enables enterprises to train and build quality teams.
  • In 2020, ISACA launched One In Tech, a philanthropic foundation that supports IT education and career pathways for under-resourced, under-represented populations.\n'

AICPA, NASBA and AAA to Announce New Model Accounting Curriculum at Free Online Event

Retrieved on: 
Monday, April 26, 2021

b'The free online event, to be held June 15-16, will provide attendees with a thorough overview of the Model Curriculum.

Key Points: 
  • b'The free online event, to be held June 15-16, will provide attendees with a thorough overview of the Model Curriculum.
  • The event is open to all who are interested, including members of the media.
  • To attend, register online .\n\xe2\x80\x9cThrough the CPA Evolution initiative, we are transforming the CPA licensure model to better reflect the changing skills, competencies and technological knowledge required of CPAs,\xe2\x80\x9d said Sue Coffey, CPA, CGMA, CEO - Public Accounting, AICPA.
  • To learn more about NASBA, visit www.nasba.org .\nThe American Accounting Association ( www.aaahq.org ) is the largest community of accountants in academia.

CalCPA Women To Watch Award Winners Announced During Its Elevate: Women's Leadership Forum

Retrieved on: 
Friday, April 23, 2021

Awards are given in three categories: Emerging Leader, Experienced Leader, and Trailblazer.\n"The women who are receiving the Women to Watch award continue a legacy of leadership, accomplishment and serve as positive role models not just for other women in the profession but for all accountants and finance professionals," said Rich Simitian, CPA, Interim President & CEO of CalCPA and CalCPA Education Foundation.

Key Points: 
  • Awards are given in three categories: Emerging Leader, Experienced Leader, and Trailblazer.\n"The women who are receiving the Women to Watch award continue a legacy of leadership, accomplishment and serve as positive role models not just for other women in the profession but for all accountants and finance professionals," said Rich Simitian, CPA, Interim President & CEO of CalCPA and CalCPA Education Foundation.
  • "They inspire future generations to be authentic, inclusive and respectful so that the profession truly benefits from diversity and the innovation, collaboration and value creation that it drives.
  • In 1909, it merged with two other state CPA associations to form CalCPA.
  • CalCPA serves more than 45,000 members in public practice, private industry, academia and government, and has 14 chapters across California.

AICPA & CIMA ENGAGE 2021 Offers Innovation and Learning Opportunities for Accounting and Finance Professionals

Retrieved on: 
Thursday, April 22, 2021

b'AICPA & CIMA ENGAGE returns as a hybrid event this year, with the core conference taking place both online and onsite at the Aria Resort & Casino in Las Vegas on July 26-29, 2021.

Key Points: 
  • b'AICPA & CIMA ENGAGE returns as a hybrid event this year, with the core conference taking place both online and onsite at the Aria Resort & Casino in Las Vegas on July 26-29, 2021.
  • Ambassador to Japan\nA professional update featuring AICPA President and CEO Barry Melancon, AICPA Vice Chair William Pirolli, Sue Coffey, the AICPA\xe2\x80\x99s CEO of public practice, and Erik Asgeirsson, president and CEO of CPA.com.\nFor more details about conference registration and agenda items, please visit aicpaengage.com .
  • It represents 650,000 members and students across 179 countries and territories in public and management accounting, and advocates for the public interest and business sustainability on current and emerging issues.
  • With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210422005794/en/\n'