Economy

The American Institute of CPA has published a Technical Practice Aid to address the use of current auditing standards for audits of prior periods.

The National Association of Certified Valuators and Analysts has withdrawn from the International Association of Consultants, Valuators and Analysts, the IACVA announced.

A student team from the University of Portland was named champions of the American Institute of CPAs’ 2013 Accounting Competition, winning the $10,000 award to be split among them.

The New York State Society of CPAs celebrated its new headquarters in Downtown Manhattan this week, with an open house and an official ribbon-cutting.

RoseRyan Holiday cocktails, relocations and more...

A Q&A with Massachusetts Society of CPAs chief Theodore Flynn.

Gift giving, surveys and more...

The International Auditing and Assurance Standards Board released an updated and enhanced International Standard on Assurance Engagements.

IFAC released a guide for professional accountants conducting review engagements in compliance with International Standard on Review Engagements.

The Information Technology Alliance introduced nine new members to its roster of CPA firms, consultants and vendors, which were highlighted by Intuit, online accounts payable and receivables company Bill.com, and top CPA firm Armanino.

The American Institute of CPAs’ Accounting and Review Services Committee has issued a Proposed Statement on Standards for Accounting and Review Services, Framework for Performing and Reporting on Compilation and Review Engagements, as a result of its Clarity Project.

After rebounding in October, the accounting profession’s expectations for economic growth remained healthy this month, according to the November edition of Accounting Today’s monthly Accountants Confidence Index.

Findings from a recent survey from CPA2Biz, the technology services subsidiary of the American Institute of CPAs, indicates that more CPA firms are using cloud-based services despite a notable rise in security concerns.

The Institute of Management Accountants has become a member of the International Federation of Accountants, reflecting the growing importance of management accountants in the global economy.

AICPA Scholarship recipients, IECnet Awards and more…

The National Association of State Boards of Accountancy has appointed a new chairman and board of directors for 2013-2014.

The American Institute of CPAs’ Financial Reporting Executive Committee and the AICPA’s Impairment Task Force plan to release the final version of a new AICPA Accounting and Valuation Guide, "Testing Goodwill for Impairment," on Friday.

A bipartisan bill has been introduced in the Senate with the goal of simplifying income tax collections for taxpayers who work in multiple states.