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).
Financial Reporting April 9, 2025
EY Invests $1B to Integrate AI into Accounting and Audit Platform
The capabilities include EYQ Assurance Knowledge, which uses generative AI (GenAI) to help with detailed searches and summarization of accounting and auditing content.
Taxes April 8, 2025
Trump Increases Tariffs on Some Chinese Products to 104%
That package includes previous levies applied because of the fentanyl crisis, his reciprocal tariffs, as well as an additional retaliation Trump announced after Beijing said it would tax U.S. exports to China.
Accounting April 8, 2025
Georgia Reforms CPA Licensure Process, Broadens Professional Mobility
This legislation introduces significant reforms to the CPA licensure process and broadens practice privilege mobility, reflecting Georgia's commitment to a dynamic and accessible accounting profession.
Accounting April 8, 2025
After $1.8B Accounting Error, South Carolina Looks to Change External Auditor
South Carolina lawmakers want to move on from outside independent auditor CliftonLarsonAllen after a 20-year relationship.
Accounting April 8, 2025
Trump Administration Wants $1 Trillion Budget for Defense, Cuts to Social Security
President Donald Trump said his administration had approved a defense budget in the “vicinity” of $1 trillion.
Small Business April 7, 2025
Retail Group Warns ‘More Tariffs Lead to Higher Costs for American Families’
The largest association of retailers in the U.S. has issued a statement regarding the potential impact of the recent placement of tariffs on most products.
Small Business April 7, 2025
Baby Boomers Return to Top Spot as Largest Generation of Home Buyers
Baby Boomers now make up the largest generational group of home buyers, followed by Millennials, and Gen Xers.
Small Business April 7, 2025
JPMorgan CEO Jamie Dimon Warns of ‘Significant’ Risk of Recession from Tariffs
Extreme market movements are “causing many to consider a greater probability of a recession,” Dimon wrote in his closely watched yearly dispatch on the bank’s performance and the global economy.
Accounting April 7, 2025
AICPA Committee Approves Clarification to Standards for CAS Financial Statement Preparation
The statement clarifies that a CPA is not required to apply AR-C Section 70, Preparation of Financial Statements, when the preparation of financial statements is not the primary objective of a consulting services engagement.
Mergers and Acquisitions April 4, 2025
Capstone Accounting and Tax Secures Private Equity Investment
Formerly known as Capstone CPAs, Capstone Accounting and Tax said the outside capital will provide the financial and strategic support needed to accelerate its long-term growth, strengthen client service offerings, and expand its market presence through mergers and acquisitions.
Accounting April 4, 2025
CPAClub Opens Club 22 Network to Accounting, Finance Professionals
The accounting solutions provider has launched Club 22, a professional network that brings accounting and finance professionals together through experiential learning and shared growth.
Accounting Technology Lab Podcast April 4, 2025
Strategies for Family Practice CPAs – The Accounting Technology Lab Podcast – April 2025
Randy Johnston and Brian Tankersley, CPA, discuss strategies needed to efficiently run a family tax and accounting practice. Watch the video, listen to the audio podcast below, or read the transcript.