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Tax legislation, audit oversight, and other AICPA advocacy focus areas

Tax legislation, audit oversight, and other AICPA advocacy focus areas

Journal of Accountancy Podcast · AICPA & CIMA

April 3, 202517m 16s

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Show Notes

No matter who's in charge, regulation, legislation, and education remain front and center when it comes to advocacy efforts in Washington, according to Mark Peterson, AICPA & CIMA executive vice president–Advocacy. Also important is understanding how to navigate a new administration's priorities.

In this episode of the Journal of Accountancy podcast, Peterson details some of the focus areas of the White House and Congress – tax legislation, an emphasis on government efficiency, and a change in regulatory approach.

What you'll learn from this episode:

· Peterson's overview of AICPA advocacy in Washington.

· Why "navigate" is an important word for Peterson.

· What has been normal and not normal in the change of presidential administrations.

· Peterson's assessment of the potential path for tax legislation.

· The "very different environment" related to regulation of public companies.

· Advice for members in dealing with D.C. uncertainty.