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 (June 6, 2019).
The 2019 nomination period is now CLOSED for the Outstanding CPA in Government Impact Awards (Federal, State, and Local), and the Career Contribution Award. Award recipients will be honored at the annual AICPA National Governmental Accounting and Auditing Update Conference (GAAC), August 12-13 in Washington, DC.
Journal of Accountancy
Supreme Court holds North Carolina cannot tax trust
Jun 21, 2019
The U.S. Supreme Court issued a unanimous decision holding that North Carolina’s attempt to tax a trust based solely on the residence of a beneficiary violates the Due Process Clause of the 14th Amendment.
SEC addresses auditor independence and the Loan Provision
Jun 20, 2019
The SEC adopted amendments designed to help identify when an auditor’s lending relationship with an audit client is a threat to the auditor’s objectivity and impartiality.
Audit evidence standard would be updated under proposal
Jun 20, 2019
The ASB issued a proposal that would update its audit evidence standard to address issues such as emerging technologies and the application of professional skepticism.
Management accountants serving in diverse roles, organizations and industries share insights about the value of the CGMA designation.