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).
December 18, 2017
5 New Members Appointed to FASB Not-for-Profit Advisory Committee
The NAC serves as a standing resource for the FASB. Its role is to obtain input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer term or pervasive financial reporting ...
December 18, 2017
The 5 Biggest Mistakes People Make When Buying A Franchise
Investing in a franchise is a major decision. While on the one hand you’re buying into a proven model, you have no evidence it will work in your town or in the location you choose. We spoke with Joel Libava, The Franchise King, who wrote ...
December 18, 2017
Some Businesses Face Data Analysis “Nightmare” with New Accounting Standards
The new lease accounting standard fundamentally changes accounting for lease transactions and will move thousands of lease contracts onto a company’s books and demands a level of data collection, storage and lease accounting that was not previously ...
December 18, 2017
CEOs Risk Jobs if Taxes Differ Too Greatly from Competition
Past research has offered mixed evidence on whether they do or do not: it has found that, despite the existence of a 35% statutory levy, federal tax rates differ considerably from one firm to another, as corporations navigate in myriad ways the ...
December 18, 2017
What Makes Entrepreneurial Mentorship Work?
Mentoring appears to be an essential factor in entrepreneurial success, as many incubators, tech hubs, and universities have programs to match startup founders with experienced veterans.
December 18, 2017
GASB Proposes Guidance on Capitalization of Interest Cost
The Exposure Draft, Accounting for Interest Cost during the Period of Construction, proposes guidance that would enhance the relevance and comparability of information about capital assets and the cost of borrowing for a reporting period.
December 18, 2017
The Basics of Franchise Accounting
As a franchise owner, you can run your own business without the risk of starting a brand new company. Like any business, you take on the many responsibilities of day-to-day operations, including some basic accounting tasks.
December 18, 2017
IFRS Taxonomy Guide for Companies Now Available
The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data.
December 18, 2017
The 2017 Most Powerful Women in Accounting
This month we announced the winners of the 25 Most Powerful Women in Accounting awards. This annual celebration recognizes women throughout the profession who are making a measurable difference in the success of the accounting profession itself as ...
December 18, 2017
Next Steps for GOP Tax Reform: When Will Trump Sign Tax Bill?
On Friday evening, House and Senate Republican leaders announced they have agreed to a new tax reform bill – the Tax Cuts and Jobs Act – by ironing out their differences in conference. Now the measure faces a vote in Congress before it can become law.
December 17, 2017
Tax Reform 2018: Deductions and Credits Explained
House and Senate Republicans have agreed to a new tax reform bill – the Tax Cuts and Jobs Act – by ironing out their differences in conference. Now the measure faces a vote in Congress the week before Christmas before it can become law.
December 16, 2017
CPAs as CFO: Meeting Client Needs, Managing the Risks
Helping a client by providing CFO services may sound like a smart way to increase revenue and solidify the client relationship – but CPAs in public practice need to be aware of the related risks.