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The FICPA was founded in 1905. [5] Walter Mucklow, T.G. Hutchinson and two other Florida accountants envisioned an association that would promote the exchange of ideas, enhance confidence in public accountants among businessmen, and encourage a high standard of efficiency in the science of accounting and the art of bookkeeping.
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Two famous accounting scandals in 2001 and 2002 (Enron and WorldCom) would lead to the 2002 enactment of the Sarbanes-Oxley Act (SOX). SOX would replace Peer Review for public company auditors with a structure for government inspections of CPA firms. Florida was slow to enact any Peer Review legislation.
To undertake all four segments of the CPA examination in Florida, candidates are faced with a total expense of $1,379.20. This amount is evenly distributed across the sections, with each costing ...
Accounting Today is a trade magazine servicing the public accounting profession in the United States serving a community of professionals who provide tax preparation, bookkeeping, auditing, financial planning, and business advisory and consulting services to individuals and businesses.