The American Institute of Certified Public Accountants (AICPA) is a professional organization representing Certified Public Accountants (CPAs) in the United States. Founded in 1887, it is the national professional association for CPAs, with over 431,000 members.
The AICPA’s primary function is to advocate for the accounting profession and maintain the highest level of professional standards. It establishes ethical guidelines and professional standards for CPAs, which are enforced through its Code of Professional Conduct. The institute also develops and administers the Uniform CPA Examination, which is required for individuals to become licensed as CPAs.
In addition to its regulatory role, the AICPA provides resources and support to its members. It offers continuing professional education programs, conferences, webinars, and publications to help CPAs stay updated on industry developments and enhance their skills. The institute also provides technical guidance materials, including auditing and accounting guides, to assist CPAs in their daily practice.
Furthermore, the AICPA engages in advocacy efforts to ensure that the accounting profession is properly represented in legislative and regulatory matters. It works with policymakers at the federal, state, and international levels to advocate for beneficial changes in accounting and financial reporting standards.
Overall, the AICPA plays a crucial role in regulating and promoting the accounting profession in the United States, while also supporting the professional development and success of its members.
