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 24, 2014
Internal Auditors Leveraging Technology to Protect Against Risk
As the business technology world is ever-changing, internal auditors are focused on better navigating social media risks, leveraging technology to improve the audit process, and collaborating more with business partners to address organizational risks.
March 23, 2014
Mass Transit Ridership at Highest Level Since 1956
Record ridership seen in Michigan, Ohio, Colorado, Florida, Los Angeles, Utah and New York.
March 23, 2014
2014 IRS Tax Calendar for Businesses & Self-Employed
View business due dates with the IRS's online tax calendar.
March 21, 2014
FASB Issues Update for Private Companies on Consolidation of Variable Interest Entities
The Financial Accounting Standards Board has issued guidance intended to improve private company financial reporting regarding consolidation of lessors in certain common control leasing arrangements.
March 20, 2014
N.Y. Town Clerk Accused of Embezzling $117K
New York state police, based on information developed by a state comptroller's audit, have arrested a former clerk/treasurer of the now-dissolved village of Altmar, Oswego County, and charged her with embezzling $117,615 in village funds.
March 19, 2014
Autonomy CEO Says HP is Misleading Investors
In a sharply worded letter released Wednesday, Mike Lynch, former chief executive of Autonomy, has accused Hewlett-Packard of misleading shareholders about the accounting problems it claimed to have uncovered at the British company it acquired in 2011.
March 19, 2014
Report Shows Increased Risk Management Challenges
Internal business changes intended to address dynamic market shifts have created a more complex risk landscape for businesses around the globe. Compounding this problem, according to the PwC US Risk in Review report, “Re-evaluating how your company addresses risk,” is that traditional risk management systems have not evolved fast enough to monitor, track and manage…
March 19, 2014
SBA to Award Grants to Support Small Biz Innovation and R&D
The U.S. Small Business Administration (SBA) has announced a new grant program that will help state and local economic development agencies, business development centers, colleges and universities support small business programs that promote innovation and development.
March 18, 2014
UltraTax and AdvanceFlow Integration Gives Firms Cloud Tax & Audit Options
ax and accounting software developer Thomson Reuters has announced new integration between its UltraTax CS tax prep software and its AdvanceFlow cloud-based engagement management software.
March 18, 2014
AICPA Comments on ‘Valuation of Customer-Related Assets’ Exposure Draft
The AICPA's Forensic and Valuation Services Executive Committee submitted a comment letter to The Appraisal Foundation on the second exposure draft of Valuation of Customer Related Assets on February 28. The exposure draft offers guidance for those that are preparing fair value measurements of customer-related assets.
March 18, 2014
8 Common 1031 Property Exchange Mistakes
A 1031 exchange is a swap of one business or investment asset for another without tax. Right? Sure, but there are very specific rules and conditions and if, like many investors, you make one of these common mistakes, you could be paying a significant penalty.
March 17, 2014
The Top Industries for Growth in 2014
Just ask the buggy whip manufacturers: When one industry goes into decline, others spring up. And when one prospers, outsiders try to find a way to tap into that success, as well.