CGMA

The IIA Names Benito Ybarra Executive Vice President of Global Standards, Guidance, and Certifications

Retrieved on: 
Friday, October 27, 2023

He will work closely with The IIA's International Internal Audit Standards Board (IIASB), the Professional Certifications Board (PCB), and the Global Guidance Council (GGC).

Key Points: 
  • He will work closely with The IIA's International Internal Audit Standards Board (IIASB), the Professional Certifications Board (PCB), and the Global Guidance Council (GGC).
  • "With over 25 years in internal audit leadership globally, Benito brings a wealth of knowledge and expertise to our organization," said IIA President and CEO Anthony Pugliese, CIA, CPA, CGMA, CITP.
  • Further, Ybarra has already made substantial contributions to The IIA in various senior volunteer roles.
  • Additionally, Ybarra actively participated as a member of The IIA International Professional Issues and Guidance Committee and served as President of the IIA North America's Austin, Texas chapter.

PICPA Kicks Off Accounting Career Day Series To Support High School Students Pursuing an Accounting Degree

Retrieved on: 
Wednesday, October 11, 2023

The Pennsylvania Institute of Certified Public Accountants (“PICPA”), through the Pennsylvania CPA Foundation , is proud to announce it has filled up its Accounting Career Day initiative for the Fall.

Key Points: 
  • The Pennsylvania Institute of Certified Public Accountants (“PICPA”), through the Pennsylvania CPA Foundation , is proud to announce it has filled up its Accounting Career Day initiative for the Fall.
  • Over the next 3 weeks, hundreds of high school students from across the state will attend fun, informative and free educational events at Duquesne University, Penn State University, King’s College and Villanova University to learn more about the accounting profession and pursuing a degree in accounting.
  • Students will also hear from current Accounting majors about their journey through college and key insights for applying to college.
  • The events are currently at capacity, but you can learn more about the events and ways to support our aspiring CPAs here .

MNA: Banner Drop on Tuesday, October 17 to Showcase Framingham Union Hospital Nurse Unity for Better Patient Care Ahead of Union Election

Retrieved on: 
Monday, October 16, 2023

FRAMINGHAM, Mass., Oct. 16, 2023 /PRNewswire/ -- Registered nurses who care for patients at Framingham Union Hospital will hold a banner outside Framingham City Hall on Tuesday, October 17 starting at 4 p.m. to shine a public light on their advocacy for patient safety and professional respect as they approach an election to unionize with the Massachusetts Nurses Association (MNA).

Key Points: 
  • Location: In front of Framingham City Hall, 150 Concord St., Framingham, MA
    Details: Nurses will unveil a banner that says, "We're putting the union in Framingham Union for better patient care."
  • There are approximately 280 nurses eligible to be part of the union.
  • The nurses tried to receive recognition rather than an election to ensure precious hospital resources were put into patient care rather than union-busting consultants.
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

UWorld Announces Expanded Team of Experts to Prepare Candidates for 2024 CPA Evolution

Retrieved on: 
Tuesday, October 3, 2023

DALLAS, Oct. 3, 2023 /PRNewswire/ -- UWorld, a worldwide leader in learning tools for high-stakes exams, today introduces the company's extensive content team following the continued integration of Wiley Efficient Learning and Roger CPA Review. With industry-leading talent, including Roger Philipp (CPA and CGMA) formerly of Roger CPA Review, and Peter Olinto (CFA, JD, CPA inactive), formerly of Becker CPA Exam Review, to lead live online instructional webinars and help develop new content, UWorld Accounting is poised as an industry leader in providing 2024 CPA Review products for the new CPA Evolution. 

Key Points: 
  • DALLAS, Oct. 3, 2023 /PRNewswire/ -- UWorld, a worldwide leader in learning tools for high-stakes exams, today introduces the company's extensive content team following the continued integration of Wiley Efficient Learning and Roger CPA Review.
  • With industry-leading talent, including Roger Philipp (CPA and CGMA) formerly of Roger CPA Review, and Peter Olinto (CFA, JD, CPA inactive), formerly of Becker CPA Exam Review, to lead live online instructional webinars and help develop new content, UWorld Accounting is poised as an industry leader in providing 2024 CPA Review products for the new CPA Evolution.
  • The investment in top talent further underscores the company's commitment to providing high-quality learning resources for aspiring accounting professionals.
  • A partial list of UWorld Accounting instructors includes:

The IIA Applauds Improvements in PCAOB's Updated Confirmations Auditing Standard

Retrieved on: 
Friday, September 29, 2023

LAKE MARY, Fla., Sept. 29, 2023 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – applauds the Public Company Accounting Oversight Board (PCAOB) for incorporating requested changes in the final issuance of their revised auditing standard, "The Auditor's Use of Confirmation, and Other Proposed Amendments to PCAOB Standards."

Key Points: 
  • The IIA took issue with these perceived attacks on the internal audit profession's integrity and publicly opposed the draft in a comment letter submitted to the PCAOB earlier this year.
  • The IIA also discussed the rationale for their feedback in various meetings with the Board's members.
  • "I'd like to thank the PCAOB and the Board members who engaged with The IIA in a meaningful discussion on the concerns that we raised," said Anthony Pugliese, CIA, CPA, CGMA, CITP, President and CEO of The IIA.
  • "I appreciate the careful consideration that the PCAOB gave to our profession's viewpoints and their recognition of the internal audit profession's value and integrity."

Internal Audit Foundation Releases First-of-its-Kind Global Risk in Focus Reports

Retrieved on: 
Thursday, September 28, 2023

LAKE MARY, Fla., Sept. 28, 2023 /PRNewswire/ -- The Internal Audit Foundation, part of The Institute of Internal Auditors (The IIA), today released the first-ever Global Risk in Focus report series, which surveyed internal audit leaders across Africa, Asia Pacific, Europe, Latin America, the Middle East, and North America to get a pulse on the greatest risks impacting their regions. The report found that cybersecurity (73%) and human capital (51%) are currently the most prevalent risks across the globe.

Key Points: 
  • Global Risk in Focus provides practical, data-driven research to help internal auditors and their stakeholders understand the current risk landscape and prepare internal audit plans for the years ahead.
  • The research represents an ambitious expansion of the European Institutes Research Group's annual Risk in Focus report and provides the first global view of risks from an internal audit perspective.
  • Global Risk in Focus is a series of reports customized for six global regions.
  • "The insights from the Global Risk in Focus reports will serve as an essential tool for chief audit executives as they begin developing next year's internal audit plan," said Javier Faleato, IIA Executive Vice President, Global Strategy & Affiliate Relations, and Executive Director, Internal Audit Foundation.

AICPA Endorses Key Legislation Recognizing the Link Between Accounting and STEM

Retrieved on: 
Wednesday, September 27, 2023

WASHINGTON, Sept. 27, 2023 /PRNewswire/ -- The American Institute of CPAs (AICPA) has voiced its strong support for bipartisan, bicameral legislation establishing the accounting profession as a STEM career pathway and supporting long-standing efforts to diversify the future accounting workforce.

Key Points: 
  • WASHINGTON, Sept. 27, 2023 /PRNewswire/ -- The American Institute of CPAs (AICPA) has voiced its strong support for bipartisan, bicameral legislation establishing the accounting profession as a STEM career pathway and supporting long-standing efforts to diversify the future accounting workforce.
  • 3541, the Accounting STEM Pursuit Act of 2023 was introduced by Representatives Haley Stevens (D-MI) and Young Kim (R-CA); in the Senate, Senators Susan Collins (R-ME) and Jacky Rosen (D-NV) introduced S. 1705, the STEM Education in Accounting Act.
  • These bills, which would allow federal grant funding to be used for K-12 accounting education, highlight the clear and logical integration between accounting and technology and note the value of accounting professionals, including CPAs, as technological leaders.
  • "This legislation will promote greater diversity in the accounting profession as it continues to facilitate our country's economic growth."

Framingham Union Hospital Nurses to File for NLRB Election to Unionize with Mass Nurses Association Seeking Patient Care and Workplace Improvements

Retrieved on: 
Tuesday, September 12, 2023

FRAMINGHAM, Mass., Sept. 12, 2023 /PRNewswire/ -- Registered nurses at Framingham Union Hospital (FUH) are filing notice with the National Labor Relations Board (NLRB) on Tuesday, September 12 seeking an election to join the Massachusetts Nurses Association (MNA) as they exercise their strong, united voice to improve conditions for patients, nurses, and their colleagues.

Key Points: 
  • They delivered a letter requesting Whitlock voluntarily recognize the nurses' union, as allowed by the National Labor Relations Act.
  • They tried to receive recognition rather than an election to ensure precious hospital resources were put into patient care rather than union-busting consultants.
  • The main themes nurses have identified for why they are joining the MNA include:
    To improve nurses' ability to provide quality safe patient care.
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

As Recession Fears Fade, Business Executives' Outlook on the U.S. Economy Brightens a Bit, AICPA & CIMA Survey Finds

Retrieved on: 
Thursday, August 31, 2023

U.S. business executives' views of the global economy also improved somewhat, with 17% expressing optimism, up from 11% last quarter.

Key Points: 
  • U.S. business executives' views of the global economy also improved somewhat, with 17% expressing optimism, up from 11% last quarter.
  • Sixteen percent of business executives said they still expected a recession by year end, a dramatic drop from the 47% who expressed that sentiment last quarter.
  • The percentage of those who said they believed the economy is already in recession also fell sharply.
  • The AICPA survey is a forward-looking indicator that tracks hiring and business-related expectations for the next 12 months.

UWorld Redefines Accounting Education with the Launch of "UWorld Accounting"

Retrieved on: 
Wednesday, August 30, 2023

DALLAS, Aug. 30, 2023 /PRNewswire/ -- UWorld, a worldwide leader in learning tools for high-stakes exams, announced today that the company is rebranding its full portfolio of accounting products to UWorld Accounting. The transition takes place following the acquisition of Wiley Efficient Learning and Roger CPA Review as the company prepares to release its 2024 CPA Review product for the new CPA Evolution. This transformation further underscores the company's commitment to offering high-quality and effective learning resources for aspiring accounting professionals.

Key Points: 
  • DALLAS, Aug. 30, 2023 /PRNewswire/ -- UWorld , a worldwide leader in learning tools for high-stakes exams, announced today that the company is rebranding its full portfolio of accounting products to UWorld Accounting .
  • UWorld announced today that the company is rebranding its full portfolio of accounting products to UWorld Accounting.
  • "We are excited to begin this new chapter of UWorld Accounting," said Chandra S. Pemmasani, M.D., UWorld's founder and CEO.
  • "In combining the industry-leading content and talent from UWorld, Wiley Efficient Learning, and Roger CPA Review, we've created a new standard of excellence for accounting industry students and professionals."