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).
September 20, 2018
Fishbowl Adds Business Intelligence
The new reporting features are native within Fishbowl, and allow users to create customized forms, labels or data reports, and offer more flexibility and intelligence than ever before. Fishbowl users can develop dozens of different business ...
September 20, 2018
Cannabis Accounting: What is Cost of Goods Sold?
Since there is very little guidance by the IRS on what is COGS for cannabis, it has left it open for interpretation. For cultivators, COGS is pretty straight forward. It would include the cost of the seed, the labor to cultivate (including the owner’s ...
September 19, 2018
Most Small Business Owners Unprepared for Cyber Crime
Although the average cost for small and medium-sized businesses to recover from a cyber-attack is estimated to be $120,000, 83% of SMBs do not have any money reserved to get back to business as usual should a breach occur. A quarter were unaware it ...
September 19, 2018
New Leased Assets Solution From Bloomberg Tax Helps Companies Comply with New Lease Accounting Standards
The changes to accounting rules that take effect January 2019 for public companies and January 2020 for private companies require publicly traded companies to report operating and finance leases on their balance sheets and have new lease accounting ...
September 19, 2018
Certify Grows International Presence with Captio Acquisition
Certify’s decision to purchase Captio is the latest move in a concerted effort by the company to grow its presence outside North America. In 2017, Certify expanded its relationship with UK-based Sage Software to provide enhanced product integrations ...
September 19, 2018
Workiva and KPMG Partner for Risk Management, Regulatory Reporting and Compliance
With cloud-based capabilities for automation, synchronized data, controlled collaboration and real-time data monitoring, Wdesk users are able to improve productivity and accountability in their processes for internal controls over financial reporting, ...
September 19, 2018
Bill.com Now Provides International Business Payments
Accounting firms and their clients in the United States can now pay vendors in nearly 40 countries, including India, China, the Euro Zone, and many other countries. Payments can be made in both U.S. dollars or local currencies. Additionally, Bill.com ...
September 19, 2018
Entrepreneurs Lead the Way in Philanthropy
Philanthropy is a major focus for entrepreneurs—79 percent say that charitable giving is a critical part of who they are, and 47 percent consider themselves philanthropists. Entrepreneurs tend to give more than others, with the median annual donation ...
September 19, 2018
Expense Management Technology Firm Recognized by Gartner
Itemize, the expense management app powered by artificial intelligence, has been recognized by research firm Gartner as a Top 10 offering in the Expense Management marketplace for the second year in a row.
September 19, 2018
Cross-Border Payments Practices Cost Heavily from Fees, Time, and Manual Labor
As globalization becomes an ever-increasing reality in today’s world, organizations are expanding their supplier bases overseas, leading to an increase in cross-border payments. According to the study, 73% of US companies are now making some type of ...
September 19, 2018
Doc.It Receives K2 Enterprises Prime Award
The K2 Quality Awards, now in their 17th year, are among the most well-respected and longest-standing awards in the accounting industry. Introduced in 2015, the Prime Award is granted to the company that demonstrates innovation and leadership in ...
September 14, 2018
10 Steps to Avoid Business and Employee Fraud
Small and mid-sized businesses are more vulnerable to fraud than larger organizations, and the effects can be more damaging. The types of fraud that businesses need to be aware of generally fall into three categories: Theft, financial statement fraud ...