ShmoopTube

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Finance a la shmoop what is the AICPA alright people when you think wild and [People dancing in a club]

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crazy parties rock stars jumping into swimming pools from the seventh floor [Man jumps off rooftop into swimming pool]

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teenagers in skimpy swimsuits running down the halls of hotels you don't think

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of the AICPA why because it stands for the American Institute of Certified

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Public Accountants and their parties are just different [Group of people sipping cocktails]

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yeah the AICPA is responsible for setting US accounting standards it

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sets ethical standards so there isn't a CPA somewhere writing off weekly [Roosters preparing to fight]

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trips to a cockfighting arena as, you know travel expense it sets all kinds of

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professional standards as well like common tax practices, financial statement

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auditing practices and quality control for accounting firms so that no matter

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which accounting office you visit the coffee in the lobby can't be cold [Man drinking coffee]

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come on AICPA you can do better than that all right well the AICPA also puts

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together and grades the exam you have to take if you want to become one of those [Boy studying for exam]

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accountant people the uniform CPA exam ...Fail to pass that

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baby and you may only be able to get a job counting actual beans not the [Man counting beans on conveyor belt]

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financial ones so yeah the AICPA is the wizard behind

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the curtain of the world of CPA-ing certified public accounting yeah they're

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they're just concerned with a different kind of green like AC/DC green [Man singing AC/DC into microphone]

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