FYI


Help on Software Accounting
¤ The AICPA has released technical Qs&As relating to SOP 97-2, Software Revenue Recognition . This new material will be posted at www.aicpa.org/members/div/ acctstd/index.htm in the near future and will be included in a future edition of the Institutes Technical Practice Aids .

Distinguished Title Returns
¤ Gary John Previts and Barbara Dubis Merino have written a new edition of their 1979 book, A History of Accountancy in the United States , published by the Ohio State University Press. Previts, a professor of accountancy at the Weatherhead School of Management, Case Western Reserve University, Cleveland, is a former member of the AICPA board of directors. Merino is Horace Brock Professor of Accounting and Regents Professor at the University of North Texas, Denton, Texas.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.