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Accounting

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 28, 2026  

Federal Government Intervenes to Block Illinois’ Landmark Credit Card Swipe Fee Law

April 28, 2026  

8am Makes Enhancements to Its CPACharge Payment Solution

April 28, 2026  

84% of SMB Owners Are Happy and Advancing With AI, Resilience and Autonomy

April 28, 2026  

How the Best-Run Accounting Firms Measure Performance (Hint: It’s Not Just About Revenue)

April 28, 2026  

Property Tax Compliance Tops Six Figures Annually for Most Large Enterprises, Avalara Research Finds
AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills

Accounting December 18, 2025 

AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills

The survey of 1,446 global senior finance and accounting leaders and managers highlights challenges in the organizational readiness for AI.

KPMG Sees Global Revenue Rise to $39.8 Billion in 2025

Firm Management December 17, 2025 

KPMG Sees Global Revenue Rise to $39.8 Billion in 2025

It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.

Jason Bramwell

FASB OKs Improvements to Accounting Standards Codification

Accounting Standards December 17, 2025 

FASB OKs Improvements to Accounting Standards Codification

The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.

Jason Bramwell

GASB Provides New Guidance on Reporting of Subsequent Events

Accounting Standards December 17, 2025 

GASB Provides New Guidance on Reporting of Subsequent Events

The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.

Jason Bramwell

NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey

State CPA Societies December 17, 2025 

NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey

Sponsored by the NJCPA Emerging Leaders Council, the food drive collected food items at its Roseland office and various member offices and also included a volunteer day at the FoodBank in Hillside. 

AvidXchange Launches Accounts Payable as a Service 

Automation December 17, 2025 

AvidXchange Launches Accounts Payable as a Service 

With AvidXchange’s AP as a Service model, ERP customers can activate payments directly within their platform through digital onboarding, reducing IT effort and going live in days instead of weeks. 

Andersen Raises $176 Million in Late 2025 IPO

Firm Management December 17, 2025 

Andersen Raises $176 Million in Late 2025 IPO

Andersen Group Inc., the U.S. arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen, raised $176 million in an initial public offering priced at the top of the range. 

Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms

Taxes December 17, 2025 

Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms

Sen. Jon Ossoff (D-GA) has teamed up with Republican Sen. Cindy Hyde-Smith of Mississippi on legislation to cut income taxes for qualifying small businesses with up to 15 employees.

Connecticut Accountant Sentenced to 32 Months in Prison for $2.3M PPP Fraud Scheme

Accounting December 17, 2025 

Connecticut Accountant Sentenced to 32 Months in Prison for $2.3M PPP Fraud Scheme

Yasir G. Hamed, 60, of Woodbridge, CT, who was convicted of defrauding a COVID-19 pandemic relief program of more than $2.3 million, was sentenced Dec. 15 to two years and eight months in prison.

Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers

Small Business December 17, 2025 

Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers

As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change.

Multi-Currency Accounting Doesn’t Have To Be So Hard 

Financial Reporting December 16, 2025 

Multi-Currency Accounting Doesn’t Have To Be So Hard 

Creating clear, repeatable rules for multi-currency accounting will ensure less headache and more accuracy moving forward. 

Finance Teams Face Widespread Data Management Crisis Heading into 2026, insightsoftware Research Finds

Financial Reporting December 16, 2025 

Finance Teams Face Widespread Data Management Crisis Heading into 2026, insightsoftware Research Finds

Additional external pressures impacting finance teams include interest rates (27%), cloud migration pressure (27%), and economic disruption (26%).

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