Accounting February 6, 2026
AICPA News – Feb. 2026
AICPA News is a round-up of recent announcements from the American Institute of CPAs, the Association of International CPAs, and the Chartered Institute of Management Accountants (CIMA).
April 7, 2022
Oracle and AICPA & CIMA Team Up to Tackle the Technology Skills Gap in Finance
As businesses navigated recent market disruptions, finance teams rapidly embraced cloud technology that would help drive critical business decisions. However, only 10 percent of finance leaders believe their teams have the full complement of technology...
April 7, 2022
CPA Endowment Fund of Illinois Appoints 2022-2023 Board of Directors
The CPA Endowment Fund of Illinois, the charitable partner of the Illinois CPA Society, has announced its Board of Directors to serve April 1, 2022, to March 31, 2023.
April 6, 2022
Diversity Hiring of Graduates into the Accounting Profession is Increasing: AICPA Trends Report
The diversity of graduates hired into accounting and finance functions of U.S. CPA firms is on the rise with an increase of almost five percentage points from 30.1 percent in 2018 to 34.8 percent in 2020, according to the “2021 Trends: a report on ...
April 6, 2022 Sponsored
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April 6, 2022
New Accounting Standards Align Hedge Accounting with Risk Management
The ASU expands the current single-layer method to allow multiple hedged layers of a single closed portfolio under the method. To reflect that expansion, the last-of-layer method is renamed the portfolio layer method.
April 5, 2022
Marketplacer Partners with Avalara to Automate Sales Tax Compliance
Marketplacer is now part of Avalara's "Certified for AvaTax" program, which features integrations that perform at the highest level to provide the best possible customer experience. The new partnership with Avalara gives both marketplace operators ...
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April 5, 2022
New Rules Aimed at Enhancing Disclosures and Investor Protection for SPACS and Shell Companies
"To enhance disclosure and investor protection in initial public offerings by special purpose acquisition companies (SPACs) and in business combination transactions involving shell companies, such as SPACs, and private operating companies."
April 5, 2022
Employee Theft Is a Risk for Every Business: Here Are 12 Tips for Preventing It.
All business owners want to believe that the people they hire, entrust to do work for them, and pay would never betray them, the company, or their coworkers by stealing from the business. Unfortunately, the statistics say otherwise.
April 4, 2022
Illinois CPA Society Announces 2022-2023 Board of Directors
The Illinois CPA Society (ICPAS), one of the largest state CPA societies in the nation, has announced its new board of directors, serving during the April 1, 2022, to March 31, 2023, fiscal year.
April 4, 2022
FASB Expands Disclosures and Improves Accounting Related to Credit Loss Standard
During the FASB’s PIR of the credit losses standard, including a May 2021 round table, investors and other stakeholders questioned the relevance of the troubled debt restructuring (TDR) designation and the decision usefulness of disclosures about ...
April 4, 2022
SEC Proposes Rules to Require Disclosures Related to Climate Impact
The required information about climate-related risks also would include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks.
April 4, 2022
Clockwork.ai Closes $2M Seed Funding for Financial Planning System
The Clockwork SaaS platform alleviates the pain founding teams experience wrangling the complexity of finances and forecasts while running fast-growing businesses. 89 percent of the more than six million employers in the U.S. have fewer than ...