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).
March 29, 2019
Half of C-Suite Execs Lack Clear Strategy when Launching Business Initiatives
The survey of 450 C-suite executives and over 450 business analysts found that many organizations have wasted significant resources on business transformation initiatives that have been poorly planned. In fact, over four out of ten (41%) senior ...
March 29, 2019
Bloomberg Enhances ASC 842 Compliance System
Bloomberg Tax has released the latest version of its ASC 842 compliance system , Advantage Leased Assets. The new enhancements include support for customized, flexible lease payment schedules. Also included in this release is integration support for automating workflows between Advantage Leased Assets and general ledgers, ERPs, and other accounting systems. “The ability to add...…
March 19, 2019
GASB Issues Proposed Implementation Guide on Leases
The Exposure Draft proposes answers to questions about GASB Statement No. 87, Leases. GASB Implementation Guides are intended to clarify, explain, or elaborate on the requirements of Board Statements.
March 19, 2019
FASB Improves Accounting for Episodic Television Series
The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that helps organizations align their accounting for production costs for films and episodic content produced for television and streaming services.
March 18, 2019
States Attract New Wave of Tourism With Legalized Cannabis
Currently, the U.S. has only 10 states and the District of Columbia that have legalized cannabis entirely and states such as California, Colorado, and Nevada are the biggest market drivers. Many visitors have traveled to those states ...
March 18, 2019
Modern Retailers are Meeting Multichannel Consumer Demands
As more consumers embrace multichannel shopping, retailers are diversifying their investments online and offline to meet customers’ needs, according to the annual State of Retailing Online study released today by the National Retail Federation and ...
March 18, 2019
Home Rental Growth Hits High as Home Value Appreciation Drops Sharply
Rent prices grew at their fastest rate in 10 months in February, reaching 2.4 percent year-over-year appreciation, according to the February Zillow Real Estate Market Report.
March 18, 2019
Why Blockchain is Important in 2019
As the conversation of blockchain solutions moves its way into the mainstream, we must continue to invest in understanding this powerful technology—and why it’s important in 2019.
March 15, 2019 Sponsored
QuickBooks Online Advanced Offers a Powerful Solution for Mid-Market Clients
Big things are in store for QuickBooks Online (QBO) Advanced. At the beginning of 2019, Intuit added Client Overview for accountants to its feature set and announced that four more important features – expanded custom user permissions, enhanced ...
March 15, 2019
4 Keys to Providing Accounting Services to Auto Repair Clients
One of my favorite types of businesses to work with, as a bookkeeper, are auto repair shops. Since the first client of Kildal Services was a repair shop - and actually still IS a client - I have a special place in my nerdy accounting heart for them.
March 14, 2019
Economic Optimism Falls Due to Rising Interest Rates, Gridlock
In 2018, the vast majority of organizations reported being highly optimistic about the overall health of the economy as well as the fiscal health of their individual companies in the first Treasury Perspectives Survey.
March 14, 2019
AICPA Financial Reporting Executive Committee Taps BDO’s Angela Newell as Chair
Newell is national assurance partner, BDO Dallas, TX. FinREC serves as the AICPA’s official voice on financial reporting matters and develops nonauthoritative industry-specific accounting guidance. The committee’s membership includes ...