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).
April 8, 2020
CPA Endowment Fund of Illinois Provides Laptops to Accounting Students Impacted by COVID-19
In this emergency action, the CPA Endowment Fund of Illinois is awarding 16 laptops for students at nine Illinois schools, including DePaul University, Governors State University, Illinois State University, Loyola University, Northeastern Illinois ...
April 8, 2020
Coronavirus Relief Measures: Rethinking the Economic and Tax Implications
The rapid spread of COVID-19 across the globe has created large-scale economic distress and halted the mechanisms of exchange and business activity–leaving an extensive trail of damage to the world’s economic infrastructure. Governments and legislators reacted immediately with relief packages. They likely will continue to make additional economic adjustments to stabilize the weakening economy by...…
April 7, 2020
NetSuite Brings Strategic Partnerships to Business Process Outsourcers
Learn how a thriving NetSuite Business Process Outsourcing Partner graduated from providing onsite accounting services to an outsourced, cloud-based accounting model to best support their clients.
April 7, 2020
AICPA Applauds Additional Clarity in Treasury FAQ on Paycheck Protection Program
The American Institute of CPAs (AICPA) is thanking the Treasury Department and Small Business Administration (SBA) for providing further clarity on the application process for the Paycheck Protection Program (PPP), the $349 billion small business ...
April 7, 2020
AICPA Recommends Lender Documents and Key Calculations to Use in PPP Applications
The American Institute of CPAs (AICPA) has recommended a defined set of documents for lenders to rely on as well as some key clarifications in the Treasury Department and Small Business Administration’s Paycheck Protection Program (PPP) application ...
April 6, 2020
Report Simplifies Paycheck Protection Program Loan Application Process for 250,000 Businesses and Counting
Paycheck Protection loans, which are provided through SBA-approved lenders, are available to small business borrowers to cover payroll and other operating costs. Included among the application requirements is specific documentation related to payroll.
April 6, 2020
AICPA Offers Resources for Firms Helping Small Businesses Access Paycheck Protection Program (PPP)
The federal Coronavirus Aid, Relief and Economic Security (CARES) Act includes the Paycheck Protection Program (PPP) to help more than 30 million U.S small businesses. The program offers $349 billion in loans to businesses and nonprofits with no more ...
April 5, 2020
PPP Applicants Should Use Gross Payroll Approach in Calculations, Says AICPA
For the calculation of the Average Monthly Payroll cost under the Paycheck Protection Program (PPP), the Gross Payroll approach should be used for the application, according to the recommendation from the AICPA-led small business funding coalition.
April 4, 2020
Social Security Recipients Not Required to File Tax Return for Covid-19 Stimulus Payment
The Department of the Treasury (Treasury) announced on April 1 that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an economic impact payment.
April 4, 2020
AICPA Addresses Ethical Considerations in Covid-19 PPP Program
Assisting an attest client with a COVID-19 PPP loan application is a nonattest service. If CPAs comply with the interpretations of the Nonattest Services subtopic, independence will not be impaired.
April 3, 2020
AICPA Asks Accounting Pros to Support Rollout of Small Business Relief Program
The $349 billion PPP program focuses on small businesses impacted by the coronavirus pandemic. Basically, it offers any eligible business or charitable nonprofit with less than 500 employees a grant of up to $10 million, if the business keeps its workforc
April 3, 2020
PPP Small Business Loan Application – SBA – Downloadable Coronavirus Relief Form
Downloadable PDF of the Small Business Administration's Paycheck Protection Program borrower application form. For use by small businesses requesting Coronavirus relief loans from the SBA.