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).
August 29, 2017
BillingPlatform Raises $18 Million to Grow Agile Monetization Business
BillingPlatform, the agile monetization company, has drawn an initial $4 million from the funding commitment provided by Columbia Capital. The investment comes at a time of rapid growth for BillingPlatform and widespread interest in agile monetization ...
August 28, 2017
Wolters Kluwer Wins Top Honors in 2017 Golden Bridge Awards
In addition, Wolters Kluwer Tax and Accounting CEO Karen Abramson earned Silver and Bronze leadership recognition and two Bronze wins were awarded to CCH AnswerConnect for new product/service innovation.
August 28, 2017
Only One in Five Financial Risk Professionals Fully Comprehend FASB’s Hedge Accounting Updates
The Financial Accounting Standards Board (FASB) has issued guidance on hedge accounting that will better align accounting with the economics of strategies used by companies. The guidance is also expected to ease administrative burdens related to ...
August 28, 2017
High Retail Sales Send Imports to Monthly and Annual Records
Boosted by continuing sales growth, August is expected to be the busiest month on record for imports at the nation’s major retail container ports and 2017 is on track to set a new annual high, according to the monthly Global Port Tracker report ...
August 28, 2017
4 New Members Appointed to FAF Private Company Council Board
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed four new members of the Private Company Council (PCC) to three-year terms that begin on January 1, 2018.
August 28, 2017
New FASB Update Focuses on Hedge Accounting Rules
The Financial Accounting Standards Board (FASB) has issued a final Accounting Standards Update (ASU) that will improve and simplify accounting rules around hedge accounting. The ASU is effective for public companies in 2019 and private companies in 2020.
August 28, 2017
Another Recession May Come Within 3 Years, Say Experts
There is a 73 percent chance the next U.S. recession will begin by the end of 2020, according to a panel of experts surveyed for the 2017 Q3 Zillow Home Price Expectations Surveyi. But the experts don’t anticipate the housing market would play as big a role as in past recessions. Instead, they anticipate a...…
August 28, 2017
Gen Z and Millennials Obsessed with Digital Footprint
One of the most visible differences today is the way we communicate, as Gen Zers appear to live by the mantra, “if you can’t say it in 140 characters or less, don’t say it at all.” According to the survey, Generation Z is significantly more likely ...
August 28, 2017
How to Help Hurricane Harvey Victims
As Hurricane Harvey brings massive floods and destructive winds to Texas, victims are in need of relief and aid.
August 28, 2017
Houston Retailers Close Due to Hurricane Harvey Flooding
Major grocers and retailers in the Houston area were forced to close most or all stores Sunday after Harvey slammed the city overnight.
August 24, 2017
Christian James – 2017 20 Under 40 Honoree
Christian James Age: 40 Employer: Xcentric Title: COO City/State: Bozeman/MT Website: www.xcentric.com Twitter: @ccjames28 Beyond being part of an amazing Team at Xcentric, what stands out in my mind as one of our top accomplishments is the Cloud Computing service we’ve built over the last 15 years. It’s fun to sit back and consider the...…
August 24, 2017
Nonprofits Prepare for Major Changes to Guidance for Expenses and Investments
The FASB's not-for-profit accounting standard is the first major update to not-for-profit reporting in more than two decades, and it aims to lend better insight into how an organization operates and manages its finances. Other changes to the financial ...