News




Accounting for Tomorrow
 

Accounting for Tomorrow

Posted: April 4, 2017
AICPA members approved an international association with The Chartered Institute of Management Accountants (CIMA) in June, allowing them to promote, protect and grow the profession, as well as extend its relevancy far into the future.

CPAs Lag in Revenue Recognition Implementation
 

CPAs Lag in Revenue Recognition Implementation

Posted: March 31, 2017
An NJCPA poll found that more than 90 percent of the 120 CPAs surveyed are behind in implementing the new revenue recognition standard for financial reporting. The article discusses important dates to remember.




IRS Adopts New Offer in Compromise Policy
 

IRS Adopts New Offer in Compromise Policy

Posted: March 17, 2017
Offer in Compromise applications will now be returned without consideration in instances where the taxpayer has not filed all required tax returns.

Corporate Risks Rising – But Risk Management Efforts Not Keeping Pace
 

Corporate Risks Rising – But Risk Management Efforts Not Keeping Pace

Posted: March 16, 2017
New research from North Carolina State University and the AICPA finds most executives see risks increasing in both number and complexity – but those same executives say their organizations’ risk management efforts may not be staying abreast of those risks.