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AICPA Encourages Firms to Aggressively Advance PPP Applications
January 13, 2021 GMT
NEW YORK (BUSINESS WIRE) Jan 13, 2021
The American Institute of CPAs (AICPA) expects the federal government to open up the application process for all lenders participating in the latest round of the Paycheck Protection Program by Friday, and encourages CPA firms to advance the application process for small business clients seeking relief.
The Small Business Administration (SBA) began accepting new applications on a limited basis this week through community financial institutions. But confusion about the timing for other lenders has led to anxiety among small businesses and their advisors.
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Angelique Albert, AIGC executive director.
ALBUQUERQUE, N.M. Increasing the number of Native American certified public accountants is the latest goal for the American Indian Graduate Center and its Investing in Native CPAs Project.
The Albuquerque-based organization is investing $2 million in scholarships that would help 150 Native scholars get to the goal of being a CPA.
“The Investing in Native CPAs initiative addresses an opportunity gap in the accounting and finance fields,” said Angelique Albert (Confederated Salish & Kootenai Tribes), AIGC executive director. “Data from the Association of International Certified Professional Accountants (AICPA) indicates Native professionals represent only 0.3% of individuals holding both a bachelor and master’s degree in accounting – the population most likely to attain a CPA.”