Digital Currency

January 14, 2020 

AICPA News is a roundup of recent announcements from the AICPA.

January 6, 2020 

TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, is announcing today a seed round of $5 million, with some of the industries’ biggest names participating. Investors include Fintech venture firm, TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC, who...…

January 2, 2020 

Students in attendance at the conference hosted on Merrimack College’s campus participated in a faculty lead case competition focused on personal finances. Those in attendance at Bentley University rotated through breakout sessions lead by firm ...

December 31, 2019 

Last month, the AICPA’s Global Women’s Leadership Summit gathered hundreds of female accountants to grow the skills, knowledge and confidence they will need to become leaders in the profession.

December 2, 2019 

Recently, I had the privilege of sitting on a panel at Ensuring Success 2019. The session focused on the future of audit. I prepared for the session, listened to my fellow panelists throughout our talk, then reflected on what I had learned along the way.

Garrett Wagner

December 4, 2019 

The video sessions for Ensuring Success 2019 are now archived and can be watched on-demand. If you missed the live event this year, be sure to register for Ensuring Success 2020, which will once again offer ten, 50-minute, free CPE credit sessions ...

December 18, 2019 

Be a Better Accounting Advisor: How Future Trends Will Impact the Profession. Think about the trends we can see coming our way: Client Accounting Services, Big Data, Blockchain, RPA, and AI, and more. How are these trends expected to change the way accountants will work in the future, and how they will be implemented? What...…

December 16, 2019 

In response to a rapidly changing digital assets ecosystem, the American Institute of CPAs (AICPA) has issued nonauthoritative guidance in the form of a Practice Aid on how to account for digital assets. It is based on professional literature and ...

December 11, 2019 

CPA.com and Lukka are forming this alliance because it is estimated that between eight and 14 percent of the U.S. population own crypto assets, according to recent polls by Harris Insights/Gem and Finder Inc., respectively.

December 11, 2019 

Artificial intelligence and other transformative technologies have ushered the accounting profession into an age of innovation, and the momentum of change continues to build, the chief executive of CPA.com said in a morning keynote at the Digital CPA Conference. “While technology is enabling these changes, CPA firms must align their business strategies and skills and...…

December 6, 2019 

BDO, one of the world’s leading global networks of independent public accounting firms, today announced its global revenue for all BDO Member Firms (including the exclusive members of Member Firms’ Alliances) at $9.6 billion for the fiscal year ended Sept

December 5, 2019 

As you know, the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017. Most of the measures were effective beginning in tax year 2018, and many individual measures contain a sunset date at the end of 2025. Here’s a summary of the TCJA provisions ...

Mike D'Avolio