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).
May 27, 2021
New AICPA Chair Focuses on Next Generation of Accountants
Pirolli, a CPA who also holds the Chartered Global Management Accountant (CGMA) designation and the Certified in Financial Forensics (CFF) and Personal Financial Specialist (PFS) credentials, was elected to the one-year AICPA volunteer post by the ...
May 27, 2021
What “Ghostbusters” Can Teach Us About Conversations
Being intentional is a key to many successful habits and here it plays a major role again. The first step is to make connecting with your peers is to make it a priority. Each day spend 15 minutes twice a day to call someone and have a conversation.
May 27, 2021
AICPAs Seeks Feedback on Insurance Entities Working Drafts
The FASB accounting standard on Long-Duration Contracts makes targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts issued by an insurance company. FinREC and the AICPA ...
May 27, 2021
IRS Interest Rates Unchanged for Q3 2021
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
May 27, 2021
Avalara Announces New Sales Tax Compliance Solutions Built for Accounting Firms
The new product and service offerings give accountants access to the same Avalara cloud technology used to process millions of sales tax returns and remit billions of dollars each year. This focus underscores Avalara’s commitment to providing ...
May 26, 2021
1 in 5 Private Company Execs Feel Unprepared on Lease Accounting
With just a few months to go before private organizations must include most leases on their balance sheets for fiscal years starting after Dec. 15, 2021 (i.e., calendar periods beginning Jan. 1, 2022), one-fifth (19.8%) of privately held organization ...
May 26, 2021
Audit Risk Assessment Guidance Added to AICPA & CIMA Digital Assets Practice Aid
Each section describes the individual considerations that may be important when performing risk assessment procedures, including the types of procedures that auditors may perform, or are required to perform, to identify and assess risks of material ...
May 26, 2021
New Data Tool Addresses Organizational Burnout and Takes Guesswork Out of Change
The DHG Advisory practice has launched a new proprietary change analytics platform, Clari3ty, developed by the Healthcare Consulting Team in conjunction with Professor-in-Residence Dr. Victoria Grady, a thought leader in the individual behaviors...
May 26, 2021
Balance Sheet Liabilities Climb for Private Companies Amid Lease Accounting Transition
The report cautions private companies—many of whom are behind schedule in their transition to the new standard, despite warnings from public companies and other early adopters—that they may be surprised by how much they’ll have to overhaul their ...
May 26, 2021
Anduin Launches “AI Work-to-Cash Summer Series” to Help Firms Reimagine Billing & Collections
The series kicks off in June with a webinar hosted by Anduin cofounder Pat Morrell: “Creating a Better Client Experience Through a Better (AI-Powered) Work-to-Cash Cycle.” This webinar will expand on research Anduin published in its white paper by the ...
May 25, 2021
Professionals on the Move: May 2021
Professionals on the Move is a roundup of recent promotions and hires in and arround the accounting profession and technology providers that support the profession.
![LeaseCrunch%20Verify%20Logo%20-%20Duo%20Color-01[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2021/05/LeaseCrunch_20Verify_20Logo_20__20Duo_20Color_01_1_.60ad311c40acd.png)
May 25, 2021
LeaseCrunch Launches LeaseCrunch Verify to Help CPA Firms Quickly Audit Clients’ Lease Accounting
LeaseCrunch Verify allows CPA Firms to add all client accounts from a single dashboard and immediately enter and test a sample size of their leases. Firms can also add the selected sample of leases to their “Prepared By Client” list and invite clients ...