Accounting Standards June 5, 2026
AICPA News – June 2026
AICPA News is a monthly roundup of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Small Business June 4, 2026
Economic Optimism Slips While Company Confidence Holds Firm in AICPA Survey
49% of executives expressed optimism about their own organizations’ prospects, signaling continued confidence at the company level.
Accounting June 2, 2026
AICPA and NASBA Recognize Top CPA Exam Performers with Elijah Watt Sells Award
The Uniform CPA Exam is owned by the AICPA and administered in Prometric test centers by NASBA on behalf of the 55 U.S. Boards of Accountancy.
Accounting June 1, 2026
AICPA Seeks Feedback on Proposed Strategic Plans for Professional Ethics Division and Peer Review Board
The two bodies play key roles in protecting audit quality and promoting professional integrity and adherence to standards.
Accounting May 29, 2026
AICPA Asks Treasury and IRS for Further Guidance on Proposed Trump Account Regulations
The AICPA urges final regulations to define the term "available," which is currently unclear when determining if lower-priority individuals can open an account.
Taxes May 27, 2026
AICPA Encourages MTC to Make Model Provisions More Workable and Clearer
The Multistate Tax Commission's model provisions are likely to be adopted by many states, affecting a large number of taxpayers.
Taxes May 21, 2026
AICPA Urges Taxpayer Relief in Use of IPIC Method for Last-In, First-Out Inventory
The letter cites recent changes made by the Bureau of Labor and Statistics (BLS) to the PPI detailed report.
Accounting May 20, 2026
Jan Lewis Elected Chair of AICPA
Lewis, a tax partner with top 100 accounting firm BMSS Advisors, was elected May 20 to a one-year term as chair of the American Institute of CPAs.
Accounting May 20, 2026
AICPA Honors Tommye Barie with the Gold Medal of Distinction
As Executive Vice President of Leadership Development at the Succession Institute, she mentors and coaches CPA firms and future leaders across the profession.
Accounting May 19, 2026
AICPA Supports Legislation Codifying Interim Rule Limiting BOI Reporting Requirements
The AICPA has closely monitored developments in BOI reporting following changes outlined in the Corporate Transparency Act.
Taxes May 18, 2026
AICPA Recommends Nearly 200 Guidance Priorities for the IRS
The American Institute of CPAs provided the IRS with 193 recommendations for the tax agency's 2026-2027 Priority Guidance Plan.
Audit Standards May 14, 2026
AICPA’s Auditing Board Updates Confirmation Standards
The American Institute of CPAs' Auditing Standards Board approved a standards update on Thursday that aims to modernize how CPAs obtain audit evidence through external confirmation procedures.