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 September 8, 2025
Corporations Are Eligible to Issue Qualified Small Business Stock (QSBS) Only if They Satisfy Section 1202’s ‘Aggregate Gross Assets’ Test
There are a number of taxpayer-level and corporate-level eligibility requirements that must be satisfied before a taxpayer is eligible to claim Section 1202’s gain exclusion.
Financial Reporting September 8, 2025
AICPA Report: U.S. Organizations Overlook Risk Management as a Strategic Priority
Despite this shift, just 35% report having comprehensive ERM processes in place, and only 32% rate their organization’s overall risk oversight as “mature” or “robust.”
Accounting September 8, 2025
Accounting Talent Report Shows Growing Skills Gap
New Illinois CPA Society research reveals readiness divide between early-career professionals and managers, with growing skills gaps fueling generational friction.
Firm Management September 8, 2025
Started as Alternative to Taxing Corporate Culture, Atlanta Audit Firm Turns 45
Atlanta-based Bennett Thrasher was founded in 1980 by two accountants who left their corporate jobs to start a firm on their own.
Technology September 5, 2025
Grant Thornton Advisors to Sink $1 Billion Over Three Years on AI
Grant Thornton says the investment wil provide AI tools and technology to the entire workforce at its multinational professional services platform, which stretches from the Americas across Europe to the Middle East.
Taxes September 5, 2025
Tariffs Leave U.S. Business Tied Up in Costly Red Tape
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.
Auditing September 4, 2025
How the PCAOB Can Promote Technology Use in Auditing
The Technology Innovation Alliance Working Group has provided the audit regulator with four recommendations on how it can proactively and strategically promote the use of technology in auditing.
Technology September 4, 2025
Key Steps to Improving Threat Prevention in Your Accounting Firm
Threat prevention is an ongoing, ever-evolving process rather than a static, one-time effort. Accounting firms need to have a balanced approach to threat prevention—they must remain vigilant and invest in technology and people.
Accounting October 14, 2025 Sponsored
Archived Webcast: Retirement Stages for Individuals and Small Business Owners
Retirement planning is not one-size-fits-all—it evolves through distinct stages of life and business ownership. This course explores key milestones and strategies to help individuals and small business owners prepare for a secure and efficient retirement.
Mergers and Acquisitions September 4, 2025
Citrin Cooperman Acquires Ostrow Reisin Berk & Abrams in Illinois
The top 20 firm is expanding its presence in the Midwest by acquiring ORBA, a Chicago-based accounting and advisory firm with offices in downtown Chicago, Oak Brook, IL, and Salt Lake City.
Accounting September 4, 2025
CPA Business Executives Have a Slightly More Optimistic View of U.S. Economy, But Concerns Persist
CPA business leaders' view of the U.S. economy has improved to a small degree, but they continue to be wary of inflation and tariff impacts, according to the Q3 AICPA and CIMA Economic Outlook Survey.
Small Business September 4, 2025
Small Business Workers’ Hourly Wage Growth Hits Lowest Point Since Late 2020
National hourly earnings growth for small business employees reached its lowest level since December 2020 at 2.58%, continuing to trend below 3% for the 10th month in a row, according to Paychex.