Accounting

December 7, 2018 

Some 57 percent of survey respondents expressed optimism about the U.S. economy over the next 12 months, down 12 percentage points from last quarter and a steep decline from the post-recession high of 79 percent set at the start of the year.

December 7, 2018 

The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have renewed a Mutual Recognition Agreement (MRA) with the Chartered Accountants of Australia and New Zealand (CA ANZ).

December 7, 2018 

Technology is transforming all major practice areas within the accounting profession, and CPAs will increasingly adopt a more strategic role in delivering trusted information and insights, the chief executive of CPA.com said.

December 7, 2018 

Big 4 accounting and business consulting firm KPMG LLP, is making a play for the small business tax and accounting services market with the launch of a new online system called KPMG Spark. The service is the result of the acquisition by KPMG of the ...

December 7, 2018 

The scholarship is given each year to exemplary students transferring from a two-year college to a four-year college or university to finish their accounting degrees. Twenty-four students will receive $5,000 each toward their tuition.

December 7, 2018 

Hofstede has been with the WICPA for 26 years, having joined the organization as an accounting intern in 1992. Since then, she has held the positions of accounting assistant (1993-1995); accounting, legislative, foundation & technology ...

December 7, 2018 

The group’s winning presentation focused on a case in which a media company had recently acquired a theme park that included a gaming subsidiary. The students were tasked with determining if the company should continue funding the gaming subsidiary ...

December 6, 2018 

As subscription businesses begin to use billing as a competitive edge, constant change creates complexities and downstream implications for finance teams. Additionally, the ASC 606 and IFRS 15 accounting standards that were announced in 2014 will be ...

December 5, 2018 

More than 50 percent of corporate B2B payments are still made by paper checks, according to a recent AFP survey. Virtual credit card payments offer an efficient, alternative way forward – minimizing the costs, time and manual labor associated with ...

December 5, 2018 

Leaders of the CPA profession, the regulatory community and representatives from critical stakeholder groups are joining together to explore possible changes to the CPA licensure model that embrace the need for expanded skillsets of professionals. The goal of the effort is to align licensure with how CPAs will perform services in an increasingly technologically-driven environment....…

December 5, 2018 

Launched this past summer, OnPoint PCR was jointly developed by CPA.com, the American Institute of CPAs (AICPA) and CaseWare International Inc. By integrating content and methodology into a leading cloud platform, OnPoint PCR allows firms to enhance ...

December 5, 2018 

With the number of public companies declining sharply since the 1990s and more than $1.8 trillion in private capital raised in 2017, the marketplace is embracing RIVIO as a means to create transparency and trust in key financial data.