Economy

The Maryland Association of CPAs scored some wins for its members in the Maryland State House this session after lobbying lawmakers earlier this year.

The American Institute of CPAs has sent a set of proposals outlining its recommendations for permanent tax provisions related to disaster relief.

The National Association of State Boards of Accountancy announced that CPAverify.org, its national registry of CPAs, has now integrated data from its 50th state board.

The Institute of Management Accountants has signed a new strategic partnership and opened eight new chapters in India.

Retention of staff members is the top issue cited by Maryland CPA firms, according to a new survey by the Maryland Association of CPAs, followed by finding qualified people.

Integrated Business Systems announced it has partnered with Acumatica to sell its cloud-based accounting software and develop a new, property management-specific system module.

Sage North America announced a new Sage Net Promoter Score Program for partners.

The Association of Chartered Certified Accountants has produced a new series of reports in collaboration with the Economic and Social Research Council investigating the dynamics between corporate culture and regulations and the link to dysfunctional behavior in organizations.

Small and midsize accounting practices are generally optimistic about growth this year, particularly in the area of advisory and tax services, according to a new global survey.

Fifty-six percent of Maryland CFOs, controllers and management accountants said they spend less than 50 percent of their time on traditional accounting and financial reporting functions, according to a recent poll by the Maryland Association of CPAs.

The American Institute of CPAs submitted a letter last week to the Internal Revenue Service and the Treasury Department recommending relief for surviving spouses who would like to elect portability of their deceased spouse’s unused estate tax exemption.

The American Institute of CPAs sent top tax lawmakers on Capitol Hill a package of 34 legislative proposals Tuesday that the AICPA believes promote simplicity and fairness in the tax code.

The CPA Consultants’ Alliance has approved a slate of new officers following CPACA’s annual meeting in Tampa, Fla., and issued a new report on the most pressing issues for 2015 for CPA consultants.

A majority of Indiana CFOs who are also CPAs see positive indicators for growth of their company and industry, and encouraging signs for the local and state economy, although the outlook for the U.S. economy was not quite as bright.

The Institute of Certified Public Accountants in Ireland and the South African Institute of Public Accountants have signed a memorandum of understanding establishing a partnership to distribute an online CPA Certificate in International Public Sector Accounting Standards Financial Reporting in South Africa.

Socius has joined the NetSuite Solution Provider Program, adding the cloud-based ERP and omnichannel commerce software to its portfolio of Microsoft, Sage and Syspro solutions.

The Ohio Society of CPAs has begun providing a series of “micro” learning courses for CPAs packaged in 10-minute modules.

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