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 (December 5, 2019).
The American Institute of CPAs (AICPA) has presented Andy Nielsen, CPA, CGFM of Ankeny, Iowa, with its 2019 Outstanding CPA in Government Career Contribution Award!
Journal of Accountancy
PCAOB’s 2020 inspection focus and audit quality tips revealed
Dec 11, 2019
The PCAOB’s inspections of audit firms in 2020 will continue to focus on areas that have been challenging for firms in recent years, George Botic, CPA, the PCAOB’s director of Registration and Inspections.
FASB addressing liabilities and equity complexity, goodwill
Dec 10, 2019
FASB is working to reduce complexity in its liabilities and equity guidance in the final months of board Chairman Russell Golden’s term.
Partnership capital reporting requirements postponed until 2020
Dec 10, 2019
The IRS is postponing the requirement to report partners’ shares of partnership capital on the tax-basis method for 2019 (for partnership tax years beginning in calendar 2019) until 2020 (for partnership tax years that begin on or after Jan. 1, 2020).
Management accountants serving in diverse roles, organizations and industries share insights about the value of the CGMA designation.