Accounting January 21, 2025
AICPA News – January 2025
AICPA News is a round-up of recent announcements and alerts from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Accounting January 21, 2025
AICPA News – January 2025
AICPA News is a round-up of recent announcements and alerts from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Accounting January 16, 2025
AICPA Updates Its Digital Assets Practice Aid
The practice aid offers a new definition for digital assets, new and amended accounting questions, and the introduction of new terms.
AICPA January 2, 2025
AICPA Requests Guidance Related to Partial Exclusion for Gain from Certain Small Business Stock
Section 1202 was enacted as part of the Omnibus Budget Reconciliation Act of 1993 as an incentive for taxpayers to start and/or invest in certain small businesses.
Auditing December 26, 2024
AIPCA to SEC: Reject the PCAOB’s Audit Firm Metrics Rules
In a Dec. 19 comment letter to the SEC, the AICPA says the new requirements adopted by the PCAOB last month would particularly burden small and midsized firms, as well as unintentionally hurt capital markets and the investing public.
CAS December 10, 2024
AICPA and CPA.com Benchmark Survey: Client Advisory Services (CAS) Practices Report 17% Growth
CAS practices that participated in the survey reported a median growth rate of 17% and are highly optimistic about the continued opportunity of the practice area.
Accounting December 5, 2024
CPA Business Execs’ Optimism About the Economy is Soaring Post-Election, AICPA Says
CPA business leaders' optimism about the economy surged by 41 percentage points from the previous quarter, the AICPA & CIMA said.
Taxes October 9, 2024
AICPA Comments on Dual Consolidated Losses, Disregarded Payments
The AICPA highlighted several areas of concern in the proposed regulations from the Treasury Department and the IRS.
Accounting September 25, 2024
AICPA & CIMA Launches Registered Apprenticeship for Accounting and Finance Associate Program
The program is designed to enhance the accounting talent pipeline by offering an “earn and learn” opportunity at the entry level.
Accounting September 24, 2024
AICPA Looks to Amend Standard on Financial Statement Preparation
Under the plan, CPAs wouldn't have to apply AR-C Section 70 when financial statements are prepared as a byproduct of a CAS engagement.
Accounting September 12, 2024
AICPA, NASBA Seek Input on Proposed New Pathway to CPA Licensure
The two groups are asking the public for feedback on a proposed competency-based experience option for licensure.
Accounting September 6, 2024
Economy Worries Linger Among CPA Business Executives, AICPA Says
CPA business leaders' optimism about the economy has dropped for the second straight quarter, according to the AICPA & CIMA.
Accounting August 6, 2024
State CPA Society News & Updates – Aug. 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.