American Institute of Certified Public Accountants Archives

Momentum builds to soften accounting standards for private companies

Financial Statements
by in Business News | Economy

Private companies say they need to stop being treated like public companies. And now the accounting world has begun to listen to their complaints. The debate about whether to soften accounting standards for private companies has gone on for years, but this time it seems to be moving toward action, although slowly. But this past… Read More →

Employee Theft: Is It Happening To You?

Employee Theft
by in Columnist Spotlight | Finance

Employee theft is rampant in small to mid-sized businesses. It never ceases to astound people that a trusted employee could steal from you. It angers you and makes you sad, but it is happening every day. Large amounts are being stolen from businesses both small and large. After the Enron debacle, Congress passed the Sarbanes-Oxley… Read More →