New guidance features targeted improvements to the financial reporting model established for state and local governments 25 years ago.
Category: AICPA News
Flexible work rankings: How does your region stack up?
A pair of reports break down the states where employees enjoy the most freedom when it comes to where they work and the areas where the flexible work model isn’t as common.
Key planning considerations for childfree clients
Helping the growing demographic of childfree individuals and couples plan their financial futures requires a shift in perspective.
AICPA makes recommendations to IRS on next Priority Guidance Plan
In addition to the guidance on the plan, the letter recommends that Treasury and the IRS continue pursuing tax simplification.
Report: Businesses off target on FP&A processes
Businesses are automating the wrong financial planning and analysis processes, leading to FP&A staff being overextended and burned out, according to a recent report from Gartner.
AICPA gives Gold Medal Award of Distinction to Kueppers
The AICPA presented Bob Kueppers, CPA, with the 2024 AICPA Gold Medal Award of Distinction, the organization’s highest honor.
CEO Melancon, ‘passionate advocate’ for the profession, to retire
AICPA & CIMA leader’s tenure includes the creation of the CGMA designation and creation of the Association of International Certified Professional Accountants.
IRS warns about more tax scams
The IRS said scams involving the fuel tax credit, the sick and family leave credit, and household employment taxes led thousands of taxpayers to file inflated refund claims.
SEC strengthens requirements for response to data breaches
Changes to Regulation S-P call for covered institutions to develop an incident-response plan beginning in 2026.
New SSAE caps standards related to quality management
The statement offers new definitions of “other practitioner” and completes the suite of standards that firms performing A&A services are required to use to design and implement a QM system by Dec. 15, 2025, and to perform A&A services in accordance with for engagements beginning on or after that date.