No matter who's in charge, regulation, legislation, and education remain front and center when it comes to advocacy efforts in Washington, according to Mark Peterson, AICPA & CIMA executive vice president–Advocacy. Also important is understanding how to navigate a new administration's priorities.
In this episode of the Journal of Accountancy podcast, Peterson details some of the focus areas of the White House and Congress – tax legislation, an emphasis on government efficiency, and a change in regulatory approach.
What you'll learn from this episode:
· Peterson's overview of AICPA advocacy in Washington.
· Why "navigate" is an important word for Peterson.
· What has been normal and not normal in the change of presidential administrations.
· Peterson's assessment of the potential path for tax legislation.
· The "very different environment" related to regulation of public companies.
· Advice for members in dealing with D.C. uncertainty.
