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).
May 21, 2014
Report: Businesses Losing 5% of Revenue to Fraud
Organizations around the world lose an estimated five percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs) who investigated cases between January 2012 and December 2013. Applied to the estimated 2013 Gross World Product, this figure translates to a potential total fraud loss of more than $3.5…
May 21, 2014
Illinois CPA Society to Host Conference for Young Professionals
The Illinois CPA Society’s Young Professionals Leadership Conference positions the next generation of finance and accounting professionals for future success, and this year’s conference features strategies to bring connectivity into the workplace. Additional presentations include insight into creating power teams, relationship-building for business opportunities and a case study in destructive culture.
May 21, 2014
Commercial Construction Slows in Q1, But Growth Expected
The Marcum Commercial Construction Index for the first quarter of 2014 shows that extreme winter weather conditions suppressed nonresidential construction activity during the period, with spending declines in all three months of the period. The index predicts a return to expansion during the remainder of the year, however.
May 21, 2014
Thomson Reuters Launches New CPE Subscription Package
Thomson Reuters has launched a new annual CPE subscription package that provides a complete training and continuing education solution for corporate tax and accounting professionals.
May 20, 2014
KPMG Inside Trader to Give CPE Webcast on Ethics Before Going to Prison
Scott London, former senior partner at KPMG, will be the guest in a CPE-eligible webcast on accounting ethics. The event, scheduled for June 25, will be hosted by former NASBA chair Gaylen Hansen.
May 20, 2014
Book Challenges Accountants to Be True Entrepreneurs
How does an accounting professional go from being a client service provider to an integral advisor and successful leader? The latest book by accounting thought leader Darren Root explains how he did it.
May 20, 2014
AICPA Supports Effort in Congress to Enhance Financial Transparency Act
The nation's largest association of accounting professionals, the American Institute of Certified Public Accountants (AICPA), is commending Congress for recent efforts to strengthen the pending Federal Financial Statement Transparency Act.
May 20, 2014
Workers Cite Internal Factors as Cause of Financial Stress
Financial stress among employees increased significantly in 2013 as more people cited internal factors as the cause of their stress, according to a recent survey.
May 19, 2014
Summertime Tax Tip #5: Hot Dog! Get a Tax Break for Having a Company Picnic
Summer is the time for grilling burgers and hot dogs, escaping to the beach or woods or just relaxing and enjoying the warm weather. Of course, there’s nothing to prevent you from mixing in a little business with the pleasure. If your clients handle things the right way, and keep detailed records, they can write…
May 19, 2014
GASB Releases Exposure Draft on Fair Value Measurement and Application
The Governmental Accounting Standards Board (GASB) today issued for public comment a proposed Statement addressing accounting and financial reporting issues related to fair value measurements.
May 19, 2014
Small Business Optimism Increases, But Uncertainty Persists
Small business optimism increased in April, according to the National Federation of Independent Businesses. The group's April index rose 1.8 points to a post-recession high of 95.2. The economy continues to perform modestly and April’s index followed suit as it crossed the 95 marker for the first time since 2007. Seven Index components improved, one…
May 19, 2014
Oregon Couple Honored as Small Business Persons of the Year
Burning the candle at both ends, an Oregon couple is now experiencing the sweet smell of success. Husband-and-wife team Billy Taylor and Brook Harvey-Taylor, the founders of Portland, Ore. based company – Pacifica, have been named today this year’s National Small Business Persons of the Year at the U.S. Small Business Administration (SBA), National Small…