New Q&As on Software Revenue Recognition

The AICPA has released another set of technical questions and answers (Q&As) on Statement of Position (SOP) 97-2, Software Revenue Recognition. The Q&As are available on the Institute’s Web site ( ). A print version will be included in the next edition of the AICPA’s Technical Practice Aids, which will be available this summer.


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.