Economy

International associations explore different models of growth

News for the next generation of accountants

The receipt of a comment letter from the Securities and Exchange Commission induces many top executives to start selling shares in their companies before the letters are released to the public, according to a new study.

Adding a set of simple sentences to your firm’s engagement letters could go a long way to making your firm safer from lawsuits, a legal expert told accountants at the Midwest Accounting Show.

Many of the biggest concerns for accounting firms in the future relate to people issues, according to Illinois CPA Society president and CEO Todd Shapiro.

The Indiana CPA Society's recently established CPA Center of Excellence has published a new book on “CPA Excellence.”

AICPA senior VP and COO Tony Pugliese discusses the changes in store for how accountants learn.

AICPA senior VP Lawson Carmichael discusses the mission and results of the institute's recent Task Force on the Future of Learning.

The American Institute of CPAs announced that it recently enrolled its 400,000th member.

Governments that default on their sovereign debt could be falling victim to the absence of accrual accounting in most public sector entities, and the International Federation of Accountants wants to change that.

Is the time now right to use a financial reporting language that transcends national boundaries? This question continues to cause division in some countries, particularly in the United States.

The Institute of Management Accountants reported Tuesday that it has achieved a record amount of growth in the fiscal year ending June 30, 2014 in terms of membership numbers and people earning the IMA’s Certified Management Accountant credential.

The American Institute of CPAs, along with the Virgin Islands Society of CPAs and the Guam Society of CPAs have submitted a letter to Congress asking for clarification on whether the Net Investment Income Tax, which was included as part of the Affordable Care Act, applies to bona fide residents of the U.S. Virgin Islands, Guam, and the Commonwealth of the Northern Mariana Islands.

The New York State Society of CPAs has responded to President Obama’s criticism of accountants during a press conference this week.

Nearly half the members of the U.S. Senate have signed a letter expressing concern about a tax reform proposal to require the use of accrual accounting and are urging the leaders of the Senate Finance Committee to preserve the option of the cash method of accounting for tax purposes.

The American Institute of CPAs has launched an initiative to improve audit quality at private companies

CPAs in New Jersey expect their business to grow in the year ahead and have a positive view of New Jersey’s economic performance, but a majority also expect their clients will pay more taxes in 2015 than in 2014, according to a new survey.

Check out the digital edition of the August 2014 issue of Accounting Today.

A roundup of recent news from around the profession