Specialties - and more specialties: attitudes toward accreditation
Article Abstract:
The American Institute of Certified Public Accountants (AICPA) recognized the prevalence of specialization in the field of accounting in its 1985-86 annual report, and in 1987 authorized the specialty designation of Accredited Personal Financial Specialist. A survey of 180 AICPA members indicates that there is overall support for a formal process of certifying accounting specialties jointly administered by state accountancy boards and the AICPA. The survey also indicates that there is support for experience requirements and a formal examination process. Of those respondents indicating a desire to obtain a specialty designation, areas of interest include: corporate taxation, individual taxation, and financial planning. The report indicates that 55% of respondents interested in a specialty designation would seek two specialties, while 18% of respondents would seek three specialties.
Publication Name: The Woman CPA
Subject: Women's issues/gender studies
ISSN: 0043-7271
Year: 1989
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The use of audit committees in hospitals
Article Abstract:
Audit committees can play an important part in improving financial control and information systems in hospitals. Surveys of 114 hospitals in nine south eastern states explored the frequency of audit committee usage, the composition of audit committees, and their perceived effectiveness. Results indicate that: audit committees have been established in 62 of the 114 hospitals; the majority of audit committees have three to five members; and audit committees are responsible for selecting independent auditors, and evaluating independent and internal audit results. The positive results of hospital audit committees include: improving communication between directors and auditors; increasing the likelihood of audit suggestions being implemented; and increasing independence of internal auditors.
Publication Name: The Woman CPA
Subject: Women's issues/gender studies
ISSN: 0043-7271
Year: 1989
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Exposure draft of the health care audit guide: changes accountants can expect
Article Abstract:
The Health Care Committee and the Health Care Audit Guide Task Force of the American Institute of Certified Public Accountants have released an exposure draft of the proposed audit guide, 'Audits of Providers of Health Care Services'. The new guide is intended to replace the 1972 Hospital Audit Guide and has several major changes. The biggest change involves increasing the scope of affected agencies to include clinics, health maintenance organizations, nursing homes, and home health care agencies. Other changes include: requiring finances to be presented in a manner similar to commercial businesses; identifying accounting transactions that are unique to health care providers; and addressing risk-based contracts.
Publication Name: The Woman CPA
Subject: Women's issues/gender studies
ISSN: 0043-7271
Year: 1989
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