Latest Articles

June 8, 2022 

As new generations of accounting professionals aspire to leadership roles in the profession, it is inspiring to look to those who have attained those ranks ahead of them. The AICPA and CPA Practice Advisor partner each year to honor ...

Accounting June 8, 2022 

The American Institute of Certified Public Accountants (AICPA) and CPA Practice Advisor have announced the recipients of the 2022 Most Powerful Women in Accounting awards, which recognize professionals for their significant contributions to the field ...

Isaac M. O'Bannon

June 8, 2022 

The American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) have honored twelve CPAs during AICPA & CIMA ENGAGE 2022 in Las Vegas this week. The awards highlight CPA efforts in a specific accounting specialty ...

June 8, 2022 

Ledgible, a professional crypto tax and accounting platform, has received $20 million in funding for its Series A Round led by EJF Capital LLC ("EJF") through its affiliate, the EJF Silvergate Ventures Fund.

June 8, 2022 

While the resurgence signals impressive resilience, companies are finding that the cost and liabilities of leases are on the rise amid an inflationary environment and lessors looking to recoup losses.

June 8, 2022 

The findings showed that 82% of executives say their company lost revenue due to miscommunication in the invoice-to-cash cycle, leaving money on the table and damaging customer relationships.

June 8, 2022 

Difficulties in working with a resource-challenged Internal Revenue Service have become a more pressing concern for CPA firms over the past year, even as they grapple with lingering impacts from the pandemic, a new survey by the AICPA & CIMA shows.

June 8, 2022 

The number of U.S. adults who say they always tip for services (servers at a sit-down restaurant, hairstylists/barbers, food delivery people, taxi/rideshare drivers, hotel housekeepers, coffee shop baristas and when picking up takeout food) has ...

June 7, 2022 

In a cost segregation analysis, your client’s property elements are divided into two categories: real property, which includes permanent and immobile objects, like their building’s foundation, and personal property, which includes objects like kitchen ...

June 7, 2022 

The estate tax exemption is scheduled to revert to $5 million in 2026, with inflation indexing. Fortunately for married couples, the exemption is “portable” by law. In other words, the estate of the second spouse to die can benefit from any unused ...

June 6, 2022 

The Illinois CPA Society (ICPAS) is honored to present its Outstanding Educator Award to three Illinois college and university accounting faculty as part of its 2022 awards program.

June 6, 2022 

The American Institute of CPAs’ Auditing Standards Board and Accounting and Review Services Committee have collectively released four new quality management standards designed to improve a CPA firm's risk assessment and audit quality.