University of Mississippi eGrove American Institute of Certified Public Accountants Newsletters (AICPA) Historical Collection 1990 CPA letter, 1990 American Institute of Certified Public Accountants Follow this and additional works at: https://egrove.olemiss.edu/aicpa_news Part of the Accounting Commons, and the Taxation Commons Recommended Citation American Institute of Certified Public Accountants, "CPA letter, 1990" (1990). Newsletters. 135. https://egrove.olemiss.edu/aicpa_news/135 This Book is brought to you for free and open access by the American Institute of Certified Public Accountants (AICPA) Historical Collection at eGrove. It has been accepted for inclusion in Newsletters by an authorized administrator of eGrove. For more information, please contact
[email protected]. AICPA “The Measure of Excellence” January 19, 1990 The CPA Letter Vol. 70 No. 1 A Membership News Report Published by the AICPA AICPA Members By a more than a six to one margin AICPA members have approved a proposed bylaw Overwhelmingly amendment that requires public accounting firms with SEC clients to belong to the Vote for Mandatory Institute's SEC Practice Section. The balloting ended on January 8. SECPS Membership The final tally was 86.9 percent in favor o f the proposal (129,119 to 19,418), far exceeding the two-thirds majority of votes required to pass the proposal. The bylaw change means that public accounting firms with AICPA members must be members of the AICPA's SEC Practice Section if the firm audits any companies that are SEC registrants. This section has programs to maintain and improve the quality of independent audits of publicly held companies through special membership requirements, peer review and public oversight.