Highlights of board of directors' December meeting.
Following are some of the more significant actions and events that took place at the AICPA Board of Directors' meeting Dec. 6-7, 2007:
* Chairman of the Board of Directors Randy Fletchall reported he had addressed the National Association of State Boards of Accountancy annual meeting. He said state adoption of Uniform Accountancy Act provisions to permit mobility across state lines remains a high priority.
* President and CEO Barry Melancon discussed several professional issues. Among them, an update on the Treasury Department's Advisory Committee on the Auditing Profession, of which he is a member (www.treasury.gov), and the Securities and Exchange Commission's Advisory Committee on Improvements to Financial Reporting (www.sec.gov).
* The American Accounting Association shared its strategic plan and talked about the need for the AAA and the AICPA to continue working together to produce more Ph.D.s in accounting, especially in the areas of tax and audit.
* Board members approved the AICPA's Strategic Plan for fiscal years 2009-2011. Operational plans are now being developed to meet the strategic objectives.
* The board agreed to further explore having Council designate the International...
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