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).
November 1, 2017
Mike Sabbatis Named CEO of XCM
XCM Founder and CEO Mark Albrecht will be taking on the role of Founder and Chairman, following his passion to deliver innovative solutions to the industry. Mark’s innovative vision and experience in the industry engendered the first cloud-based ...
November 1, 2017
Intuit and Capital One Announce Data Sharing Agreement
Capital One Financial Corporation has announced an agreement with Intuit Inc. allowing Capital One customers who use Intuit’s suite of services including QuickBooks Online, Mint, and TurboTax, to securely import their financial data without sharing ...
November 1, 2017
Do Investors Benefit from Corporate Audit Committees?
Now a study in the American Accounting Association journal The Accounting Review assesses the 18-year-old SEC rule (which was largely integrated into the Sarbanes-Oxley Act of 2002), and questions whether investors have benefited from it at all.
October 31, 2017
More than Half of Small Businesses Have Suffered Some Form of Cyber Attack or Breach
One in three victims spent at least $50,000 to recover from a cyber attack, yet rebuilding reputation and customer trust can take more than a year.
October 31, 2017
New Cryptocurrency Accounting and Audit Platform Launched
Verady has been working closely with Aprio over the past several years to assist with auditing one of the world's largest cryptocurrency payment processing companies. Today, Verady officially launched the platform that made all of this possible, VeraNet.
October 31, 2017
Survey Shows More U.S. Businesses Are Reporting Profits and Increased Hiring
Demand for financing is down across the board among all size businesses. Financing for planned growth or expansion, including acquisitions not yet realized was down from 66 percent in Q2 2017 to 62 percent in Q3 2017.
October 30, 2017
Corporate R&D Spending Hits Record High
Annual worldwide corporate R&D spending broke through $700bn in annual investment, according to an annual analysis of R&D spending across 1000 global public companies by PwC’s Strategy&. It shows corporate R&D spending increased a steady 3% in the past year, bouncing back from less than 1% increase previously. However, in a global survey with 562...…
October 30, 2017
Intuit to Acquire Exactor
Intuit plans to integrate this feature into QuickBooks Online making it easy for its retail customers to accurately track and file sales tax returns on-time, every time.
October 30, 2017
2017 Holiday Retail Spending Expected to Increase 4% to $680 Billion
With the holiday shopping season just around the corner, consumers say they will spend an average $967.13 this year, according to the annual survey conducted by Prosper Insights & Analytics for the National Retail Federation and released today.
October 30, 2017
SBA Amends Surety Bond Guarantee Program
The most important amendment raises the threshold for the SBA’s Quick Bond Application for contract surety bonds that small construction businesses can benefit from. The increase in the eligible contract amount enlarges the scope of project ...
October 30, 2017
Trump Campaign Chair Manafort Indicted on 12 Counts of Tax Fraud, Evasion, Laundering
The indictment in the district court for Washington D.C. states that Manafort laundered more than $18 million to buy luxury gods and services without paying any tax on the income. This enabled the GIP strategist to support a “lavish lifestyle. “
October 28, 2017
First Charges Filed in Mueller Investigation into Russia Election Meddling
Robert Mueller, the former FBI director who has been appointed as an independent investigator in the issue, has broad ranging powers to indict, so the charges could range from direct involvement in election malfeasance, or for impeding the ...