The AICPA Files Lawsuit Challenging Application of Federal Trade Commission’s “Red Flags Rule” to CPAs

The American Institute of Certified Public Accountants filed a lawsuit in the U.S. District Court for the District of Columbia seeking an injunction barring the Federal Trade Commission from applying its so called Red Flags Rule, which would impose onerous and unnecessary requirements on AICPA members. The FTC’s Red Flags Rule was designed to help … Continue reading

Red Flags Enforcement Postponed

The Federal Trade Commission is delaying its enforcement of its “Red Flags rules” until June 1, 2010. Here’s the link for further information: http://www.ftc.gov/opa/index.shtml