Accounting



For news from the AICPA and state societies, visit www.cpa2biz.com , which also offers online CPE, AICPA professional literature, practice management aids and links to state society Web sites.

The Institute’s accounting standards staff releases two technical practice aids. One provides guidance on reporting financial highlights by separate accounts ( www.aicpa.org/members/div/acctstd/general/separate_accts.htm ); the other supplies guidance on accounting for computer-systems costs incurred in connection with the Health Insurance Portability and Accountability Act of 1996 ( www.aicpa.org/members/div/acctstd/general/health insprotability.htm ).

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.

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.