Accounting May 13, 2025
AICPA Elects New Chair, and More Association News – May 2025
AICPA News is a round-up of recent announcements from the American Institute of CPAs.
Accounting May 13, 2025
Accounting Seen as a Gateway for Entrepreneurial Ambitions and Skills, ACCA Survey Finds
More than half of North American accounting and finance professionals have career ambitions to be entrepreneurs, while two-thirds are interested in pursuing a career focused on environmental issues.
Accounting May 13, 2025
CBIZ Launches Tariff Solution to Help Businesses Navigate Trade Pressures
The CBIZ Tariff Solution is a cross-functional offering designed to help companies address the rising financial, operational, and compliance challenges driven by new and evolving global trade policies.
Technology May 13, 2025
Suralink Debuts Request-to-Test Solution for Accountants
The Request-to-Test solution was announced alongside the launch of Workpaper Suite and a collection of new AI automation and collaboration capabilities, Assessment Hub.
Accounting May 13, 2025
Celery Secures $6.25 Million in Seed Funding to Modernize Internal Financial Controls
Celery replaces hours of manual reviews with intelligent audit agents that detect fraud, compliance risks, and financial inefficiencies in minutes.
Accounting May 12, 2025
FASB Issues Standard Clarifying Accounting Acquirer in a Business Combination
The Financial Accounting Standards Board published new rules on May 12 that the board says improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations.
Auditing May 12, 2025
PCAOB Gives Auditors More Video Resources on New Quality Control Standard
The PCAOB has posted a brand-new set of staff presentation videos designed to help audit firms and auditors implement four areas of their quality control system under QC 1000, A Firm’s System of Quality Control.
Accounting May 12, 2025
12 Most Common Financial Reporting Mistakes in Nonprofits
Proper financial reporting is essential for not-for-profit organizations to maintain transparency, donor confidence, and regulatory compliance. But despite their best intentions, many NFPs consistently make critical errors in their financial statements.
Auditing May 12, 2025
Study: 73% of Global Companies Sought Assurance on Sustainability Reporting
A new report from the AICPA & CIMA and the International Federation of Accountants found that nearly three in four of the largest companies sought assurance on some aspect of their sustainability disclosures.
Accounting May 12, 2025
Crowe Expands OpenAI ChatGPT Enterprise Access
The top 15 accounting firm said it's one of the few firms in the profession to deploy ChatGPT Enterprise across all personnel, unlocking innovation and accelerating client outcomes.
Technology May 12, 2025
Avalara to Kick Off CRUSH on Tour in June
CRUSH on Tour—a new, free, one-day event series bringing Avalara's latest innovations directly to customers—will be held in Chicago and New York City next month, with additional cities to follow.
Accounting May 12, 2025
Sage Partners with Amazon Web Services for AI Innovation in Accounting and Compliance
This collaboration enables Sage to rapidly test, refine, and roll out AI models tailored to the complex demands of accounting and compliance.