CPA Outlook Index improves


The CPA Outlook Index increased by six points in the fourth quarter after dropping eight points in the third quarter. While all of the components of the index showed improvement, the largest contributor to the increase was the outlook for the U.S. economy. The index is a broad-based indicator of the strength of U.S. business activity and economic direction that reflects the views of CPAs who are AICPA members in business and industry holding executive positions in both public and privately owned organizations of all sizes, and across a broad spectrum of industries.

Source: AICPA Business and Industry Economic Outlook Survey, 4th Quarter 2011.

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

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.