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.
July 6, 2016
CEOs Say Next 3 Years Are More Critical than the Last 50
A stronger client focus was identified as the CEOs’ top strategic priority. Eighty-six percent are concerned about how to keep up with the differing wants and needs of millennials.
July 6, 2016
Financial Execs Struggle To Measure and Mitigate Risks
The survey also reveals that many organizations face a large challenge in moving toward a higher maturity of GRC activities – 43 percent of respondents say they are operating their compliance efforts at an ad hoc or fragmented/siloed level.
June 27, 2016
Most U.S. Companies Lagging On New FASB Revenue Recognition Standard
60 percent of respondents indicated that they are running behind schedule in their overall implementation of the standard, which has an effective date as early as January 1, 2018, for many organizations.
June 26, 2016
New York CPA Society Elects New Board Members
These new leaders come from all regions across the state of New York, including Albany, Rockland County, Westchester County, Suffolk County, Nassau County, Buffalo, Staten Island, Manhattan, Queens and Brooklyn, New York; Newburgh (Orange County), ...
June 22, 2016
Summer Reading Can Change Your Life!
To help you sift through the choices, we turned to our 40 Under 40 class, that stunning group of people who are paving new paths of leadership in our profession, for book recommendations. Maybe you’ll find some gems here that you can pack in your ...
June 22, 2016
Evangelista to Lead NY Accounting Foundation
David Evangelista, CPA, a nationally-known employee benefit plans advisor and auditor, was recently elected president of the Foundation for Accounting Education’s (FAE) Board of Trustees.
June 21, 2016
FASB Finalizes Standard for Credit-Loss Accounting
After numerous delays and extensions, the Financial Accounting Standards Board (FASB) issued its long-awaited final standard on accounting for credit losses on Thursday. After meeting with concerned community bankers, auditors and regulators, the ...
June 20, 2016
2016 Innovation Awards Highlight Tools for Automation, Collaboration and Insight
The Innovation Awards were first presented in 2004, and honor new or recently enhanced technologies that benefit tax and accounting professionals and their clients through improved workflow, increased accessibility, enhanced collaboration, or other means.
June 20, 2016
AICPA and CIMA Create New International Accounting Association
A supermajority of AICPA members who voted supported the proposal, 86.5 percent to 13.5 percent, according to the independent tabulator Survey and Ballot Systems. CIMA members also overwhelmingly endorsed the proposal 89.7 percent to 10.3 percent ...
June 15, 2016
Watch Your Step! Don’t Trip into Investment Advice
A client asked his CPA for her opinion regarding an investment they were considering. Because the CPA did not have experience with this type of investment, she advised the client to consult with his own financial adviser, but she did not document the ...
June 14, 2016
How the Accounting Profession Is Boosting Cloud Security
When businesses enter into outsourcing agreements with cloud service providers, they are looking to offer their customers access to applications, storage and other cloud-related functions in a convenient and cost-effective way. To do so, they must ...
June 10, 2016
Change Is Imminent (In Accounting)
In order to remain above the competition and provide the most up-to-date accounting skills, it’s wise to stay informed on what’s affecting the world of accounting and what kind of an impact it has on the overall health of the accounting industry.