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).
January 26, 2022
Retailers Saw Increased 2021 Sales, But Also $761 Billion in Sales Returns
Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. This accounts for an average of 16.6 percent of total U.S. retail
January 26, 2022
Quadient Releases Advanced Credit Module to Help Businesses Drive Revenue Growth
As part of Quadient’s accounts receivable solution, Yaypay, the Advanced Credit module provides real-time credit data to enable users to grow their businesses more intelligently by accelerating sales while mitigating risk. It also gives instant access...
January 25, 2022
Massachusetts Collects More Taxes on Marijuana than Alcohol
The commonwealth collected $74.2 million in marijuana excise tax through December 2021, WCVB reported. In comparison, alcohol collected $51.3 million.
January 25, 2022
How Accounting Firms Can Add Value to Clients through Pricing Services
One way to add value to your accounting firm’s services is to help clients with their pricing. Let’s take a closer look at how your firm can help with price changes and why it’s important.
January 25, 2022
States Want Online Marketplaces to Police for Stolen Goods
To help prevent someone from selling stolen goods on a marketplace, California and several other states want marketplaces to obtain and share the names and contact information of high-volume marketplace sellers.
January 25, 2022
Hotel Industry Forecasts Improving Market for Lodging
The hotel industry will continue moving toward recovery in 2022, but the path will be uneven and potentially volatile, and full recovery is still several years away, according to a report by the American Hotel & Lodging Association.
January 25, 2022
AvidXchange Integration with Sage 100 Contractor for AP
With AvidPay completing the AP process in TimberScan Titanium, contractors and project managers can increase efficiency with the ability to now match purchase orders, route invoices for approval and make more secure vendor payments through the AvidPay ...
January 25, 2022
Black CPA Centennial: The First 100 – Bert N. Mitchell, CPA
The Black CPA Centennial honors the first 100 Black professionals to earn the CPA credential.
January 24, 2022
Virginia Society of CPAs Expands Focus on CPAs’ Mental Health
As the pandemic enters a third year, CPAs and their employers are grappling with staff burnout and other mental health challenges. For CPAs in public accounting, two particularly difficult tax seasons — and another on the horizon — also make it clear ...
January 24, 2022
Audit Committees Being Challenged by Increased Complexity, ‘Scope Creep’
Audit committees are increasingly adding cybersecurity experience/expertise, according to the report. More than one-half (53%) of respondents said they have oversight responsibility for cybersecurity, and 69% of those anticipate spending more time on ...
January 24, 2022
Acumatica Announces Acquisition and New Integrations
Throughout the Day 1 keynote Acumatica demonstrated its continued dedication to customer success following another year of record customer growth. Acumatica honored Green Bay Packaging as its Customer of the Year and Cornell Cooperative Extension (CCE)...
January 24, 2022
IRIS Software Group appoints Paul Nagy as Chief Product Officer
A seasoned software executive, Nagy will be responsible for owning global product strategy, product delivery and pricing across IRIS’ product portfolio.