Center for Plain English Accounting

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.

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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

Opening A/R Balance Disclosure: 2nd Year FASB ASC 606 Disclosure Trap
May 18, 2022

Property, Plant, and Equipment Disclosure Requirements
May 18, 2022

Clarifying Terms & Concepts in ASU 2021-10 & ASU 2018-08
May 18, 2022

Employee Benefit Plan Audits: Time to Implement SAS 136 (AU-C 703)
April 20, 2022

CPEA Compensation Series: Stock Appreciation Rights
April 20, 2022

Noncompliance with ERC Eligibility Requirements: Accounting & Auditing Considerations
April 5, 2022

CPEA Compensation Series: Restricted Stock Awards
March 16, 2022

FASB ASC 606 Peer Review MFCs: The Initial Wave
March 16, 2022

FASB ASC 842 (Related Party Leases): Overview of Interpretations
February 16, 2022

Rabbi Trust Arrangements February 16, 2022
February 16, 2022

Supply Chain Disruptions: Accounting & Auditing Considerations
February 16, 2022

FASB ASC 842 Lessee Disclosures: Applicability to Non-GAAP Financial Statements
January 19, 2022

SALT Cap Workarounds: Accounting by Pass-Through Entities
January 19, 2022

FASB Changes Effective for Calendar Year 2021
December 22, 2021

FASB ASC 842: Additional Flexibility for Discount Rate Selection Process
December 22, 2021,

Employee Retention Credit (ERC): Financial Reporting & Disclosure Examples
December 22, 2021

FASB ASC 842 (Leases): Underestimated Effective Date Adjustment Approaches
November 17, 2021

Auditing Disclosures in Governmental & NFP Financial Statements: Are There Material Misstatements Hiding in
Plain Sight?

November 17, 2021

CPEA Compensation Series: Deferred Compensation Arrangements
November 17, 2021