The Center for Plain English Accounting (CPEA) is the AICPA’s national A&A resource center, sponsored by the Private Companies Practice Section. The CPEA’s team of experts assists members with their accounting, auditing, attest, review, and compilation needs by sharing technical advice and guidance in a straight-forward manner.
Learn about benefits of CPEA membership
Access a sample CPEA report, alert, and webcast
CPEA Member Testimonials
To read more member testimonials, click here.
“The Center for Plain English Accounting is our Firm’s most valuable resource provided by the AICPA. Their webcasts and reports are concise, informative and provide numerous tips, examples and best practices which we have incorporated in our practice. Their on-site training and technical inquiry support is unsurpassed. Our membership in the CPEA and use of their resources has led to a direct improvement in our engagements, services and client communications. I would recommend membership in the CPEA to all Firms if they are not already participating."
– Mark D. Murphy, Managing Partner, LTSP, Inc.
To add your testimonial, please e-mail us at cpea@aicpa.org.
Recent Reports
CPEA Compensation Series: Compensated Absences
October 20, 2021
Auditing Estimates of Future Cash Flows: Impact of COVID & Auditing Tips
October 20, 2021
SAS 135 - Not To Be Overlooked!
October 20, 2021
A Nuanced Look at SAS 134 Reporting Requirements
September 22, 2021
Practice Tips Related to GAAS, GAS, and Single Audit Requirements
September 22, 2021
Navigating Contingencies
September 22, 2021
Discount Rate for Lessees: What are the Options?
August 18, 2021
FRF-SME Financial Statement Disclosures & AU-C 800
August 18, 2021
More Than Just the Audit Opinion: SAS 134 Significant Changes Unrelated to the Auditor’s Report
August 18, 2021
Gifts-in-Kind Presentation & Disclosure: Tips for Complying with ASU 2020-07
July 21, 2021
Improving Risk Assessments in Private Company Audits
July 21, 2021
Auditors’ Responsibilities Related to Cybersecurity Risks Including Audits of EBP Plans
July 21, 2021
Lessee’s Financial Statement Presentation of Leases
June 16, 2021
FASB Changes Effective for Calendar Year 2021
June 16, 2021
Lease Disclosures for Lessees: Checklist & Illustrations
May 19, 2021
Impacts of COVID-19: Reporting Exit and Disposal Costs Important Reminders & Key Questions
May 19, 2021
Shuttered Venue Operators and Restaurant Revitalization Grants: Issues Related to CPA Involvement
May 10, 2021
Classification of Debt: Navigating the Precarious Path
April 21, 2021
Management Representations: PPP Loans, Relief Funding & Other COVID Matters
April 21, 2021
Not-for-Profit Functional Expense Reporting: Common Area of Noncompliance
April 21, 2021
Top Preparation, Compilation, and Review Engagement FAQs
March 17, 2021
Lease Component, Non-Lease Component, Non-Component
March 17, 2021
State and Local Government Financial Statements: Common Auditing & Financial Reporting Deficiencies
March 17, 2021
PPP Loans: Debits, Credits, and Financial Reporting FAQS
February 23, 2021
Variable Lease Payment Structuring and Anti-Abuse Rules Under FASB ASC 842?
February 17, 2021
Employee Retention Tax Credit + PPP Expenses Update + Legal Release under FASB ASC 470
February 17, 2021
Review Engagements: Designing & Performing Effective Analytical Procedures
February 17, 2021
Navigating Disclosure Requirements for OCBOA Financial Statements
January 20, 2021
Understanding the Attestation Standards: Simplifying the Mystery
January 20, 2021
Covid-19 Fraud Risk: Practical Guidance - Revenue Recognition
January 20, 2021
Accounting & Auditing Practice Risk During the Pandemic - Part 2
December 16,2020
FASB Changes Effective for Calendar Year 2020
December 16,2020
Updates on PPP, Goodwill Impairment, and Materiality
December 16,2020
Observing Inventory Counts Virtually: Considerations & Procedures
November 23,2020
Accounting & Auditing Practice Risk During the Pandemic - Part 1
November 18, 2020
Recent Alerts
ASU 2021-07: Practical Expedient for Valuing Equity-classified Share-based Awards
October 28, 2021
SAS 145: New Risk Assessment Standard
October 18, 2021
ASU 2021-05: Lessors—Certain Leases with Variable Lease Payments
July 21, 2021
SAS 144: Use of Specialists & Pricing Information
June 10,2021
AICPA’s Proposed New Quality Management Standards Reminder & Request for Comment Letters
May 13, 2021
ASU 2021-03: Relief on Goodwill Impairment Triggering Event Evaluation
April 1, 2021
Single Audit Submission Extension
March 19, 2021
ASU 2021-02: Franchisors Applying FASB ASC 606 – Practical Expedient
February 1, 2021
ASU 2021-01: FASB Clarifies Scope Of Recent Reference Rate Reform Guidance
January 11, 2021
Passage of COVID-19 Relief Law - PPP Loans & Other Key Provisions
December 27, 2020
2020 Compliance Supplement Addendum Issued
December 24, 2020
Key Pandemic A&A Considerations & CPEA Resources
December 17, 2020
SSAE No. 22 Issued – Revisions to Attestation Review Standard
December 11, 2020
