Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
January 17, 2017
AICPA Issues New Revenue Recognition Guide
With companies and not-for-profit entities facing a top-to-bottom review of their revenue recognition because of a looming accounting standard, the American Institute of CPAs (AICPA) has issued the first online edition of an Audit & Accounting Guide ...
January 16, 2017
Clarity on Switch from SSAE 16 to SSAE 18
The switch from SSAE 16 to SSAE 18 will have an impact on companies who currently perform the SSAE 16 audit, but will have an even greater impact on those companies who are considered third party vendors to other businesses, and currently do not ...
January 16, 2017
FASB to Host Roundtable Meetings on Disclosure Framework
The purpose of the roundtable meetings is to obtain feedback on whether the proposed FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements (Chapter 8) , is useful in identifying relevant ...
January 10, 2017
New Accounting Credential for Entity and Intangible Valuations
The AICPA, the American Society of Appraisers (ASA) and RICS (Royal Institution of Chartered Surveyors) are offering a new credential that will enhance the quality, consistency and transparency of fair value measurement results in financial reporting.
January 9, 2017
New Rule to Require Disclosure of Audit Engagement Partners
A regulation to be implemented January 31 in the U.S. requiring accounting firms to identify the principal engagement partner in corporate audits should be a solid plus for investors and regulators, a new study suggests.
January 9, 2017
Report Helps Auditors Avoid Common Practice Pitfalls
This report comes on the heels of the release of the latest AICPA peer review findings, which were identified during peer reviews of firms that perform audit and attest engagements. The focus of peer reviews is to assess and improve audit quality and ...
January 8, 2017
Risk Management Top Concern for Audit Committees
Overall, audit committees are largely satisfied that their agendas are properly focused on legal and regulatory compliance issues, maintaining internal controls over financial reporting, and key assumptions underlying critical accounting estimates.
December 7, 2016
Accountants Want To Eliminate Paper Checks
Additionally, the survey exposed concerns about bill payment efficiency and security. Respondents that relied on handwritten checks or computer-printed checks often spend more time on bill payment, and 66% of all respondents worry that clients do not ...
December 6, 2016
Virtual CFO Services & Fees Growing, AICPA MAP Survey Shows
Client accounting services has become an important line of business for CPA firms in all size segments, even as overall client fees are growing, according to a survey sponsored by the AICPA Private Companies Practice Section and CPA.com.
November 29, 2016
Canada’s Audit Regulator Releases Report on Big Four Accounting Firm Inspections
Significant inspection findings decrease, however consistent audit execution remains a challenge; CPAB and firms to focus on systems and processes to drive sustainable audit quality
November 23, 2016
Accountants Want To Eliminate Paper Checks
Additionally, the survey exposed concerns about bill payment efficiency and security. Respondents that relied on handwritten checks or computer-printed checks often spend more time on bill payment, and 66% of all respondents worry that clients do not ...
November 10, 2016
AFWA Announces Women of Influence
These Women of Influence represent the passionate and respected industry leaders who AFWA empowers its members to be. Serving as mentors to young professionals, and sources on industry topics, AFWA Women of Influence are impacting the future of the ...