Economy

The governing council of the American Institute of CPAs voted at its Fall Meeting of Council in Maui, Hawaii on Wednesday to approve a resolution authorizing an additional pathway to the Charted Global Management Accountant designation in the U.S., and officially elected Tim Christen of Baker Tilly Virchow Krause LLP as its new chairman.

There’s a new CPA Exam coming out in 2017 – and more to come after that, according to leaders at the American Institute of CPAs.

The International Federation of Accountants expressed support for a United Nations agreement on climate change as the U.N. works to reduce carbon emissions.

The number of accountants who belong to professional accounting organizations that are members of the International Federation of Accountants grew 16 percent from 2.4 million to 2.8 million between 2009 and 2013.

Strategies Group announced a business partnership with Seattle-based Spectrum Construction software providers Dexter + Chaney to offer Spectrum to clients in the Southeast.

Intacct and technology consulting firm BAASS announced an expanded partnership for BAASS to sell, implement, support and develop enhancements for Intacct’s cloud financial applications.

The International Federation of Accountants is asking for professional organizations of accountants to join it in helping foster similar organizations in developing countries.

A roundup of recent personnel announcements from accounting firms and companies across the country.

The Accountants Confidence Index continued to rise again this month, in both the mid-term and the short-term, perhaps reflecting the respondents' move from the summer doldrums to the busier fall season.

Firms seek growth abroad, with help from networks and alliances

Registration is now open for the Accreditation Council for Accountancy and Taxation Fall 2015 exams for accountants, tax preparers and students seeking to earn the Accredited Business Accountant/Advisor (ABA), Accredited Tax Advisor (ATA) and Accredited Tax Preparer (ATP) credentials.

The American Institute of CPAs has sent a comment letter to the Internal Revenue Service and the Treasury Department recommending that S corporations be entitled to the same tax deductions as C corporations when it comes to worthless stocks.

The New York State Society of CPAs is opening an office in the state capital of Albany to expand CPAs’ legislative reach.

Accountants need to be at the forefront of cybersecurity to safeguard the sensitive personal and corporate financial information they handle, according to a new report.

The Association of Chartered Certified Accountants and the Institute of Management Accountants have debuted a new website and research report exploring the future of the accounting and finance profession.

The American Institute of CPAs wrote Congress to warn that a bill grants the IRS too much authority to regulate tax preparers.

The board of directors of the National Association of Black Accountants has selected Jina Etienne, the American Institute of CPAs' director of taxation, as NABA's new president and CEO, effective Sept. 17, 2015.

Two-thirds of accounting, finance and business professionals believe regulation is having a significant or very significant impact on their organizations’ opportunities to grow and innovate, according to a new survey by the International Federation of Accountants.

After a few months of ups and downs, the Accountants Confidence Index rose again this month, in both the mid-term and the short-term.

Firm alliances share the issues their members are facing