Featured News
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US accounting undergraduate enrollment rises for third straight year
Accounting undergraduate enrollment in U.S. colleges and universities rose for the third consecutive year in fall 2025, according to data from the National Student Clearinghouse.
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AICPA survey: Americans set ambitious financial goals in 2026
A new AICPA survey finds that 92% of Americans have financial goals for 2026, with the majority focused on saving (77%), including for retirement and vacations.
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IRS issues guidance on new 100% first-year depreciation deduction
Notice 2026-11 details how taxpayers can apply the permanent 100% first-year depreciation deduction introduced by the One Big Beautiful Bill Act for property acquired after Jan. 19, 2025.
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Fed’s ‘Beige Book’ report shows modest economic growth
Economic activity increased in most parts of the U.S., and employment was mostly unchanged in recent weeks, the Federal Reserve said on Wednesday, Jan. 14, in its “Beige Book” report.
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AICPA pushes for fiscal transparency act
The AICPA recently expressed support for bipartisan legislation aimed at promoting greater national fiscal transparency.
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Digital transformation emerges as a top priority in CFO survey
Deloitte’s 2025 fourth-quarter survey of CFOs found that 50% of respondents named digital transformation of finance among their top three priorities for 2026.
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AICPA updates stablecoin reporting criteria
A new section in the AICPA’s stablecoin criteria provides issuers and practitioners with control objectives for stablecoin operations.
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SEC proposes amendments to small entity definitions
The SEC has proposed amendments to the rules that define which registered investment companies, investment advisers and business development companies qualify as small entities.
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Proposed regulations would reflect changes to Sec. 3406 backup withholding threshold
Recently proposed regulations from the IRS reflect changes to the Sec. 3406 backup withholding threshold made by H.R. 1, commonly known as the One Big Beautiful Bill Act.
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AICPA urges IRS to automate disaster relief
The AICPA is urging the IRS to implement an automated system for processing Sec. 1033 replacement period extension requests for taxpayers affected by federally declared disasters.