The Congressional and Political Affairs team monitors and advocates on legislative matters that affect the accounting profession. The AICPA develops Congressional testimony, has contact with federally-elected officials and their staffs, and works with regulatory agencies to help promote sound policymaking. A complete list of regulatory and legislative issues can be accessed below.
AICPA and four other organizations wrote a letter in support for the Accounting STEM Pursuit Act of 2021. The bill would establish the accounting profession as a STEM career pathway and support long-standing efforts to create more diversity in the future accounting workforce.
In a letter to the Treasury Department's Financial Crimes Enforcement Network (FinCEN), AICPA commented on proposed rulemaking related to Beneficial Ownership Information Reporting Requirements.
AICPA has sent a letter thanking the seven representatives and senators who introduced the bipartisan PPP Extension Act of 2021, extending the application deadline by 60 days, from March 31 to May 31.
AICPA's testimony at the US House Small Business Committee hearing, "The Next Steps for the Paycheck Protection Program (PPP)," on March 10, 2021. AICPA restated the need for a minimum 60-day delay.
How You Can Get Involved
As a CPA, the Congressional and Political Affairs Team encourages all members of the AICPA to be involved in the political process and make your voice heard.
As part of the Institute’s advocacy efforts, the AICPA Federal Key Person Program seeks interested AICPA members to develop relationships with their Senators and Congressperson. Key Persons are periodically asked to call or write Congressional Members regarding specific legislative issues.
The AICPA PAC is a vehicle by which AICPA members can help to have the voice of the profession heard on Capitol Hill. Member contributions to the PAC are welcome at any time and can be made online.
Library of Congress
A reference for legislative information, Congressional activity, Congressional committees, Members of Congress, Federal Agencies and other information on the legislative process.
Includes links to Senate action, committees, hearings, markups of bills, all official Senators’ websites, etc.
U.S. House of Representatives
Includes links to House action, committees, hearings, markups of bills, all official House Members’ websites, etc.