Economy

The Financial Accounting Standards Board is considering giving privately held companies and not-for-profit organizations an extra two years to implement standards.

NFPs can fall prey to a cycle where overspending on services leads to a lack of investment in infrastructure and expanding capabilities.

Data drives an increasing number of business decisions in the digital age.

AICPA and AAM bestow variety of awards at the Engage conference; HLB International celebrates 50 years with international day of giving; and more CPA news.

The initiative, dubbed Navigating the Future, will include collaboration with innovation expert Pascal Finette and his firm, Radical.

The tax prep giant is buying a provider of small business accounting software.

The American Institute of CPAs has been selected to oversee the newly minted Internet domain, .cpa, by the Internet’s global governing body.

Finance Ministers from Group of 20 nations agreed they need to find a common method to tax technology giants, whose digital business models have grown exponentially faster than systems to tax them.

The only thing holding back small firms is their hanging onto the past.