Items tagged with "AICPA"

IFAC and AICPA & CIMA support ISSB formation to set sustainability standards

With the closure of International Financial Reporting Standards (IFRS) Foundation consultation on amendments to its constitution and governance structure – allowing the formation of a new International Sustainability Standards Board (ISSB) – recent days have seen notable responses.

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News Item

AICPA Findings Reveal 45% Drop in XBRL Costs for Small Companies

As reported in July, it was great news to hear that the cost of XBRL formatting for small US reporting companies have declined 45% since 2014.

The AICPA study surveyed price data from 1,032 small reporting companies for 2017 services, showing that 68.6% of companies paid $5,500 or less annually for fully outsourcing their XBRL filings.

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