Abila has added a redesigned reporting engine to its MIP Fund Accounting and MIP Advance applications. The company calls the reporting engine for its nonprofit applications intuitive. Abila said the engine is backed by a report queue intended for quick viewing, searching, and downloading of reports within the web-based MIP Advance user interface.

An Internal Revenue Service—Criminal Investigation special agent has been indicted for filing false income tax returns. A CPA, the former agent Alena Aleykina is also accused of falsifying information to obstruct an IRS investigation of allegations she used bogus information on behalf of two trusts and  destroyed evidence on a government computer.

Most CPA firms have experienced increases in revenue over their most recent fiscal year. That is the finding of the 2016 National Management of an Accounting Practice (MAP) Survey conducted by the American Institute of CPAs. The survey derived its findings from information gathered from May through June from 1,537 CPA firms about their latest financial year results.