July 17, 2018

Here’s a Photo of AICPA CEO Barry Melancon Having the Most Interesting Conversation of His Life

I have no idea what AICPA CEO, President and street taco eating champion Barry Melancon is thinking in the above photo, but he couldn’t be more rapt with what this woman has to say. The caption from the Wyoming Society of CPAs website reads: “Break-time Alexandra Wilkinson explaining a case to Barry Melancon.” And sure, that’s probably accurate, but personally, I see a more complex picture.

Alexandra Wilkinson appears to be juggling imaginary grapefruits or flaming torches or live chihuahuas or something and Barry is absolutely spellbound. He had no idea that CPAs in Wyoming could be this fascinating or have clients that sell grapefruits or torches or chihuahuas.

AICPA-CEO-Barry-Melancon-dogs

Or, on the other hand, is he cringing? Is she regaling him with a tale of a cowboy caught between a bull and a barbed wire fence? Is he looking thoughtful and sage but actually thinking, “I’m such a remarkable listener. I really should recognized by an official body for my exceptional listening skills. Maybe the AICPA should create a listening certification?”

I can’t quite tell, but Adrienne and I both agree that it’s a hilarious photo and that it needed to be shared. If you can write a better caption than the Wyoming Society’s website then you should try, but keep it clean.

[WSCPAs]

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Talking Pigs Are Obviously More Effective Than Humans in Communicating the Importance of Saving Money

feed-the-pig2.jpgThe AICPA has been running the “Feed the Pig” campaign for some time and, until now, we’ve neglected to tell you how freaked out we are by a talking pig in a suit.
It what appears to be some kind of capitalist version of one of the pigs from Animal Farm, the AICPA has decided that getting through to the American People will take a very serious and well thought strategy. So obviously the strategy ended up being a well dressed and articulate pig.
More advertising genius, after the jump


When you think about it, this is most certainly the best approach, regardless of the biological manufacturing debate. A message from a human in a suit will obviously not appeal to anyone and a non-talking piggy bank will not get the point across clearly enough. Talking horses are nothing new and the thought of talking chickens was just too ridiculous.
So talking pigs it is. However, If we were the AICPA, we’d be a little concerned about spread of the H1N1 which could inadvertently confuse some into thinking that if you save money you will end up with swine flu.
If you’ve got your own ideas about how best to communicate to the masses in this campaign, submit them in the comments.

Your AICPA Dues at Work

stephen-colbert.jpgWe know you’re all worried about the financial regulation overhaul because it may just make your lives more of a living hell. PCAOB, IRS, state accountancy boards, etc. are bad enough but no, we could all be looking at more alphabet soup (in this case the Consumer Financial Protection Agency) in the name of political grandstanding.
Fear not. The bastions of accountant lobbying, the AICPA, is all over this like Barry Salzberg at a Rogaine convention.
Continued, after the jump

[AICPA Chairman, Bob] Harris argued that the proposed legislation creating the agency, the Consumer Financial Protection Act, was overly broad.
“The definition of ‘financial activity’ in the bill is so broad as to include many services that CPAs routinely provide to their clients in accordance with a very strict regulatory and oversight regime,” he said. “The bill would result in redundant regulation of CPAs and CPA firms that are already subject to appropriate and significant oversight by the IRS, Treasury, state boards of accountancy, and professional and ethical standards for the AICPA’s members.”

Sweet Jesus, Bob. We actually agree with you on this. The situation sounds oddly similar to the situation the brain trust in DC is trying to fix now. Too many regulators let the sketchy stuff fall between the cracks and now we’re in economic no man’s land. Add more
Who knew that there was common sense being shoveled around in the halls of Congress? The problem is, we’re certain the amount of bullshit being shoveled outweighs the common sense by an exponential margin.
AICPA Wants CPAs Exempted from Consumer Agency [Web CPA]