Accounting January 21, 2025
AICPA News – January 2025
AICPA News is a round-up of recent announcements and alerts from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Staffing January 21, 2025
Professionals on the Move – Jan. 2025
Professionals on the Move is a collection of briefs highlighting personnel promotions, advancements, recognitions and new-hires from around the professional accounting space.
Accounting January 20, 2025
CFPB Orders Equifax to Pay $15 Million Fine for Improper Investigations of Credit Errors
The order requires Equifax to comply with federal law, and Equifax must pay a $15 million civil money penalty, which will be deposited into the CFPB’s victims relief fund.
Financial Reporting January 16, 2025
SEC Sues Elon Musk Over Stock Ownership Disclosures
The regulator has been probing Musk’s investment in Twitter since 2022, pressing him to him to explain why he hadn’t disclosed his stake in Twitter within the correct timeline.
Accounting January 16, 2025
AICPA Updates Its Digital Assets Practice Aid
The practice aid offers a new definition for digital assets, new and amended accounting questions, and the introduction of new terms.
Advisory January 16, 2025 Sponsored
2025 Intuit QuickBooks Small Business Annual Report Offers Many Advisory Opportunities for Accountants
This year’s report provides valuable insights for businesses and offers guidance to help you set your clients up for success.
Small Business January 16, 2025
Bipartisan Policy Center Offers Legislative Options for Small Business Growth
A new report from Goldman Sachs 10,000 Small Businesses Voices and the Bipartisan Policy Center offers an actionable playbook to help grow the U.S. economy by tackling the most pressing challenges faced by our nation’s small businesses.
Accounting January 16, 2025
Tech CFOs Focused on Culture, According to Grant Thornton Survey
The survey showed that organizational culture has surged as the top human capital priority, with 58% of tech finance leaders now placing it at the forefront — up from 45% in last year’s survey.
Accounting January 15, 2025
Workwize Raises $13 Million in Series A Funding to Disrupt IT Asset Management for Globally Distributed Teams
Workwize, a platform for global IT hardware asset management, has closed $13 million in Series A funding led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund.
Firm Management January 15, 2025
BDO USA Announces Big Brothers Big Sisters of America as First Cause Partner
BDO’s commitment marks the firm’s first national strategic nonprofit collaboration and begins a three-year relationship with BBBSA to invest in future generations and enhance youth well-being.
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Accounting January 14, 2025
AI and Litigation: How Accountants Can Stay Ahead as Courts Wrestle with the Machine Revolution
From automating processes to analyzing massive datasets, AI is reshaping the accounting landscape while lawyers and judges scramble to decide who’s responsible when it all goes wrong. From intellectual property spats to bias allegations, AI is breaking down courtroom doors, and the legal system isn’t ready.
Accounting January 14, 2025
Advisory vs. Compliance: Which Path Leads to Greater Success for Accounting Firms?
In December, more than two dozen accounting profession thought leaders participated in the latest Accounting Meta Influencers roundtable event focused on advisory services, compliance and firm specialization.