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).
Small Business February 12, 2025
Small Businesses Saw Improved Performance, Says Xero Data
For the first time since late 2022, sales growth was positive and late payments and time to be paid metrics both had shorter waiting times.
Auditing February 12, 2025
PCAOB Pulls Rules on Audit Firm Metrics
The Public Company Accounting Oversight Board on Feb. 11 filed a notice with the SEC to withdraw its new standard on audit firm reporting of standardized firm and engagement metrics for approval—a victory for those that opposed the rules, including many of the largest accounting firms in the U.S. and the AICPA.
Small Business February 12, 2025
What Businesses Need to Know About U.S.-China Tariffs and the End of De Minimis
President Trump eliminated the de minimis provision for China and Hong Kong effective February 4, reinstated de minimis for China and Hong Kong on February 7, and looks to be preparing to remove the provision for China and Hong Kong again as soon as possible.
Auditing February 11, 2025
PCAOB Punishes Audit Partner for Altering Workpapers, Thwarting Processes
The audit regulator on Feb. 11 imposed a permanent bar and a $10,000 fine on audit partner and CPA Heber Maughan for improperly altering workpapers before providing them to PCAOB inspectors in two inspections and to enforcement staff during a related investigation.
Mergers and Acquisitions February 11, 2025
Baker Tilly to Acquire CironeFriedberg in Connecticut
The top 10 accounting firm said Feb. 11 that the deal to buy CironeFriedberg strengthens its presence in the Northeast, creating "essential connections" between New York and Boston.
Small Business February 11, 2025
Dallas Blocked From Banning Short-Term Rentals for Second Time
A state appeals court says Dallas can’t enforce a ban limiting where short-term rentals listed on platforms like Airbnb can operate in the city.
Mergers and Acquisitions February 11, 2025
Smith + Howard Adds Smith Kesler & Co. in South Carolina
The Atlanta-based top 100 accounting firm has acquired Smith Kesler & Co., a construction accounting-focused practice with four offices across North Carolina and South Carolina, effective Jan. 31.
Accounting February 11, 2025
55 Accounting Firms Get Nod for Having the Best Client Service in ClearlyRated List
Accounting firms recognized as award winners achieved at least a 50% net promoter score, indicating that they provide their clients with exceptionally high levels of service, according to ClearlyRated.
Mergers and Acquisitions February 11, 2025
SBF Advisors and Hoerber Tillman & Co. Combine in Florida
The merger brings together two firms with expertise in forensic accounting, litigation support, and business advisory to enhance client services and expand capabilities.
Small Business February 11, 2025
Cannabis Industry Faces Debt Reckoning without Bankruptcy Help
The biggest companies, those that operate in more than one state, have as much as $6 billion in debt maturing next year, according to Beau Whitney, chief economist at Whitney Economics, which specializes in the cannabis market.
Small Business February 10, 2025
Trump Orders Treasury Department to Stop Making Pennies
According to the U.S. Mint, the cost for creating a penny was 3.69 cents each last year, and the coins accounted for about half of the non-folding money shipped out.
Small Business February 10, 2025
How Will Mass Deportation Plans Affect the Construction Industry?
Nationally, foreign-born workers, regardless of legal status, fill an estimated 30% of trade jobs like carpentry, plastering, masonry and electrical roles. The U.S. construction industry, meanwhile, employs an estimated 1.5 million undocumented workers — or 13% of its total workforce.