AICPA annual report for 2001-2002 posted to web site.

• Position: AICPA

The AICPA's annual report for the fiscal year Aug. 1, 2001, through July 31, 2002, has been posted to our Web site in PDF format (www.aicpa.org/about/annrpt/homepage.htm). With a focus on how CPAs throughout all areas of the profession uphold the public trust, the report includes:

* A "Year in Brief" section highlighting some of the more significant developments that occurred during the past year.

* A letter to members from former AICPA Chair James G. Castellano and President & CEO Barry C. Melancon discussing the unprecedented challenges that faced CPAs this year. The letter elaborates on the profession's response to the high-profile business failures and subsequent legislation, demonstrating CPAs' efforts to restore investor confidence in the capital markets and in the audit function.

* Articles spotlighting many of the other initiatives and accomplishments of the year, such as efforts in fraud prevention and detection...