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Accounting is changing, and the world can't wait until 2026

Accounting Today

The recent announcement of the CIMA/CGMA 2026 syllabus has made it unmistakably clear: Merely knowing how to post journal entries is insufficient. The CIMA/CGMA proposal for 2026 is not just a curriculum update; it is a powerful manifesto. The 2026 curriculum is a clear indication of the changes underway.

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Climate reporting legislation: What it means for small businesses and accountants

Xero

The requirements for small businesses and their accountants are due to be phased in over 2026 and 2027. Xero partner Sumday provides accountants with an easy-to-use tool for measuring and reporting emissions to an auditable standard. In the end, it’s just maths. There’s something for everyone.

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In the blogs: Breathing room

Accounting Today

Sovos ( [link] ): The IRS will decommission the Filing Information Returns Electronically system in January 2027; all 2026 returns will need to use the new IRS Information Returns Intake System. The window for preparation is closing fast. By Paige Hagy June 16 Like what you see?

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Mississippi, Texas storm victims get tax relief

Accounting Today

By Chris Gaetano June 20 Audit Senate Parliamentarian rejects PCAOB provision in tax bill The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission. For individual taxpayers, this means Oct.

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Inside GASB's far-reaching agenda

Accounting Today

Most of the questions deal with Statement 103 , the financial reporting model improvements standard that GASB issued last year, which will take effect in 2026. He hopes to issue an exposure draft, with another round of due process on a document written more like a final standard in early 2026 with a final standard expected in early 2027.

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Auditing Standards Board proposes 5-year plan

Accounting Today

The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.

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On the move: Louis Plung & Co. names co-MP

Accounting Today

Their co-managing roles are scheduled to last a year, with Andrews assuming the managing partner role on July 1, 2026, and becoming the first female and first non-Plung family member in that position in the firms 104-year history. Pittsburgh.