Business and Industry Economic Outlook Survey
The AICPA Business and Industry Economic Outlook Survey is a leading indicator of U.S. economic growth and contraction that is based on CPA financial executives’ evaluation of corporate prospects, tangible performance data, and first-hand knowledge of company staffing, spending and financing plans.
Research Shows XBRL Filing Costs Lower than Expected
- January 2015
EXtensible Business Reporting Language (XBRL) is a global data standard used for reporting business information in a computer-readable format. To understand the true costs of small companies complying with the SEC’s mandate, XBRL US and the AICPA surveyed filing agents providing XBRL tagging and fi ling services to 1,299 small public companies. The survey showed that 69% of the companies paid $10,000 or less on an annual basis for fully outsourced creation and fi ling solutions of their XBRL filings.
AICPA’s Comments on Tax Reform Act of 2014
- January 2015
The AICPA wrote House Ways and Means Committee Chairman Paul Ryan (R-Wis.), the new GOP leader of the committee, about provisions in the Tax Reform Act of 2014, the comprehensive tax reform proposal developed during the last session of Congress by then- Chairman Dave Camp and introduced in December as H.R. 1. The Camp proposal is expected to play an important role as the tax reform debate continues in the new, 114th Congress.
CGMA Research: “Open Workforce” Challenging Corporate Control of Cost, Performance
- November 2014
Organizations around the world are rapidly reshaping their workforces with a complex mix of internal teams and external talent, outpacing their ability in many cases to effectively manage costs, performance and decision making, according to research from the AICPA and Chartered Institute of Management Accountants.
Tax Software Survey
- September 2014
Each year, the Journal of Accountancy and The Tax Adviser team up to survey AICPA members in order to assess popular tax preparation software from the just-ended tax season. Despite a delay in the beginning of the 2014 income tax filing season and other complicating factors, software vendors managed to roll out their updated versions on time, and users were generally satisfied with the results obtained with the products.
Reimagining Auditing in a Wired World
- August 2014
How would financial statement audits be designed if auditing were a new service that had just been invented? Although auditors embrace and make extensive use of information technology, little has been done to consider how auditing might be transformed by it. This paper discusses some of today’s IT enablers and their potential for improving audits.
Stress Levels about Cost of Summer Rival End of Year Holiday Spending
- May 2014
Summer is supposed to be the time of sunny days and warm nights—conjuring up thoughts of the beach, Bar-B-Ques, bonfires, rest and relaxation. Instead, most American adults equate summer with financial anxiety, according to a survey conducted for the AICPA.
CPA Firm Top Issues Survey
- August 2013
The Public Company Practice Section (PCPS) CPA Firm Top Issues Survey is a biennial study that gathers information from a wide range of practitioners in firms of different sizes to understand the challenges they face.