AICPA
Business & Finance abbreviation · Accounting
| Stands for | American Institute of Certified Public Accountants |
|---|---|
| Categories | Business & Finance |
AICPA stands for American Institute of Certified Public Accountants, an accounting abbreviation also used in organizations.
National professional organization for certified public accountants in the United States, with more than 400,000 members worldwide. It develops the Uniform CPA Examination, sets auditing standards for private companies and ethics rules for its members, and provides continuing education.
Example: The AICPA has published practice aids on accounting for and auditing digital assets such as bitcoin.
Usage notes
Founded in 1887 as the American Association of Public Accountants. CPA licenses themselves are issued by state boards of accountancy, not by the AICPA. Since 2017 it has partnered with the UK's Chartered Institute of Management Accountants (CIMA) through the Association of International Certified Professional Accountants, which awards the CGMA designation.
Related abbreviations
More accounting abbreviations
- ABC – Activity-based costing
- AFS – Available for sale
- AJE – Adjusting journal entry
- AOCI – Accumulated other comprehensive income
- AP – Accounts payable
- AR – Accounts receivable
- ASC – Accounting Standards Codification
- ASU – Accounting Standards Update
- B/S – Balance sheet
- BEP – Break-even point
- BV – Book value
- CECL – Current expected credit losses