Business, Industry & Government
The AICPA provides financial managers and executives practicing in business, industry, and government with tools and resources needed to move organizations forward.
The quarterly AICPA Business and Industry Economic Outlook Survey is a leading indicator of U.S. economic growth and contraction based on CPA financial executives’ evaluation of corporate prospects, performance data, and first-hand knowledge of company staffing, spending and financing plans. See our latest release (May 2018).
NC State's ERM initiative, in partnership with the American Institute of CPAs, released its 2018 Overview of ERM Practices. Based on survey responses from 474 business executives spanning a number of industries, types, and sizes, the report provides detailed insights about the maturity of their organization's current state of ERM practices. This is the ninth year NC State has conducted similar research in partnership with the AICPA.
Journal of Accountancy
FASB changes accounting for long-duration insurance contracts
Aug 15, 2018
Companies that sell products such as life insurance, disability income insurance, long-term-care insurance and annuities will change their accounting under new rules issued by FASB.
Independence interpretation on hosting services gets new effective date
Aug 14, 2018
The effective date of the new “Hosting Services” interpretation in the AICPA’s “Independence Rule” has been extended 10 months by the AICPA Professional Ethics Executive Committee.
FASB proposes lessor accounting amendments
Aug 13, 2018
Amendments proposed by FASB are intended to make implementation of the new lease accounting standard easier and less costly for lessors.
Management accountants serving in diverse roles, organizations and industries share insights about the value of the CGMA designation.