Highlights from board of directors' September meeting.

Following are some of the more significant actions that took place at the AICPA Board of Directors' meeting Sept. 22-23:

* Board members received an update on Hurricane Katrina relief efforts (The CPA Letter, Oct.) regarding CPAs helping the public and each other. Among other things, more than 250 accounting firms so far have signed up with the CPA Firm Volunteer Center to offer assistance to affected firms.

* Progress to explore tailoring generally accepted accounting principles for private, for-profit companies was highlighted. A working group of AICPA members and staff and the Financial Accounting Standards Board has been meeting to discuss how best to proceed with the initiative.

* The board's Task Force on Peer Review presented its progress to date. The task force, which is reviewing the feedback received from members as a part of the Institute's transparency awareness initiative, will be recommending...

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