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).
March 15, 2017
Report Shows Challenges and Benefits of Corporate Sustainability Reporting Processes
Thomson Reuters has released a Checkpoint special report, The Sustainability Reporter: A deep-dive into the challenges and benefits of new corporate reporting processes, which examines the practicalities of sustainability reporting and how, in the ...
March 15, 2017
PrimeGlobal Adds Panama Accounting Firm Mendoza
Since 2007, Mendoza & Asociados has been providing a full range of Certified Public Accounting services to its clients in the Republic of Panama. Today, the firm boasts a staff of 60.
March 14, 2017
Many Small Businesses Still Lack Website
The survey found that 31% of small businesses choose to use social media profiles rather than a dedicated website to cultivate a web presence. Others (23%) cite a lack of industry relevance as the primary reason for not having a website.
March 14, 2017
Cash-Only Purchases Make Up Almost 25% of Pennsylvania Home Sales
Pennsylvania homebuyers who paid cash for a house were also more likely to have a lower income, according to a recent Welcome Home quarterly survey released by the Pennsylvania Association of Realtors.
March 9, 2017
U.S. Retail Group Supports Repeal of Obamacare
Retailers oppose proposals to cap the current exclusion from taxable income of employer-provided health benefits, and NRF has been working to educate lawmakers on the consequences of taxing health benefits. While House Republican leadership proposed ...
March 9, 2017
Spreading the Green: St. Patrick’s Day Spending Expected to Top $5.3 Billion
Americans will spend more than ever as they put on their favorite green outfits to celebrate St. Patrick’s Day this year, the National Retail Federation said today. According to NRF’s annual survey conducted by Prosper Insights & Analytics, spending ...
March 9, 2017
CFOs Waste Nearly One Day a Week Resolving Staff Conflicts
Executives today are being sidetracked by peace negotiations among staff when that time could be better spent negotiating business deals. In a new survey from Accountemps, CFOs said they spend, on average, 15 percent of their time -- or six hours a week.
March 9, 2017
KPMG Elects Bill Thomas as Global Chairman
Thomas was CEO and Senior Partner of KPMG in Canada from 2009 to 2016, leading the firm in achieving strong growth in the market, and making strategic investments that contributed to expanding the firm’s capabilities. In his 28 years with KPMG, ...
March 9, 2017
Is There a Link Between Stock Options and Accounting Fraud?
A 2014 Harvard University study concluded that the average CEO compensation makeup for a Standard & Poor’s 500 company was comprised of 57.2 percent stock award and options. This statistic asserts that the average S&P 500 corporation compensates its ...
March 9, 2017
Business Optimism Highest Since 2004
Business executives are reporting their highest level of optimism about prospects for the U.S. economy in more than a dozen years, according to the first-quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial ...
March 8, 2017
U.S. Lags Behind Other Developed Nations on Women’s Role in Business Leadership
Grant Thornton’s global report shows that developing regions continue to outperform developed economies in terms of diversity in senior management. Eastern Europe performed best, with 38 percent of senior roles held by women in 2017, up from ...
March 8, 2017
FASB Proposes Simplifying Nonemployee Share-Based Payments
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) intended to reduce cost and complexity and to improve financial reporting for nonemployee share-based payments. Stakeholders are encouraged ...