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News & Updates

CPA Licensing Changes Will Hit Half of All States by Year-End

August 28, 2025

While a growing band of states have passed new CPA licensure laws, employers, universities, students and regulators are just beginning to grapple with how the new rules will work.

  • students
  • talent
  • virginia
  • advocacy
  • career

High School Outreach to Boost the Accounting Pipeline

August 28, 2025

Interactive presentations related to the students’ interests increased awareness and interest in the accounting field, as well as students’ understanding of the profession, their interest in pursuing an accounting degree, and their awareness of diverse career paths.

  • educator
  • talent

Young Employees are the Most Engaged, But Hard to Retain

August 06, 2025

Employees under the age of 25 are the most engaged and positive of all employee groups, but many in a recent global report don’t envision working at their organizations long term.

  • talent
  • young pros

Power off: Simple strategies for healthier digital boundaries

August 01, 2025

Our “always on” culture perpetuates tech addictions. The good news: Once you recognize the signs, there are many strategies you can implement to regain control. Your body and mind will thank you!

  • wellness
  • disclosures

Ready or not: Private equity is here

August 01, 2025

Is private equity (PE) right for you? Even if you’re not considering a PE deal, you must understand the dynamics to stay competitive in Virginia’s evolving marketplace.

  • disclosures
  • map

5 Things to Know About Tax Relief for Federal Disasters

July 31, 2025

The number of taxpayers impacted by federal disasters is increasing. From 2013 to 2023, the number of areas qualifying to receive tax relief because of federal disasters increased from 141 to 750. Here are five important considerations involving federal disasters and tax relief.

  • disaster

Virginia Closes Budget Year with Nearly $2.7B Surplus

July 30, 2025

Virginia ended the 2025 budget year with nearly $2.7 billion in general fund surplus, according to preliminary figures released by Gov. Glenn Youngkin's office. Read the full report from The Center Square.

  • virginia
  • economy

Dealing with Natural Disasters: How to Avoid Fraudulent Activities

July 29, 2025

More than one-third of Americans have been the victim of fraudulent activities after being personally or professionally impacted by a natural disaster, according to a Harris Poll. This AICPA article breaks down how to avoid bad actors.

  • disaster

Dealing with Natural Disasters: IRS Relief Efforts Leave Some Wanting

July 28, 2025

More than 4 in 10 Americans have been victimized by a natural disaster, a stressful scenario that can take time to process. Tax-related responsibilities add to the burden, but filing relief can help. This Journal of Accountancy article breaks down survey results showing some want more action from the IRS.

  • disaster
  • taxation

How Everyone Can Feel Empowered to Ride the AI Wave

July 21, 2025

The risk of an “AI divide” is real, says Scott Snyder from the Wharton School at the University of Pennsylvania. In this opinion piece, he offers practical starting points for integrating AI into our everyday lives.

  • ai
  • technology

VSCPA Educational Foundation awards a record $82,500 in accounting scholarships

June 09, 2025

For Immediate Release Julia Conlon, VSCPA (804) 612 -9450 jconlon@vscpa.com Richmond (June 9, 2025) — The Virginia Society of Public Accountants (VSCPA) Educational Foundation has awarded accounting students across the Commonwealth a record-breaking total of $82,500 in scholarships for the 2025–2026

  • press room
  • educator
  • students
  • talent
  • vscpa

Letter to FASB on exposure draft, Accounting for Debt Exchanges

May 30, 2025

The VSCPA Accounting & Auditing Advisory Committee has reviewed the Exposure Draft (ED) — Accounting for Debt Exchanges, issued by the Financial Accounting Standards Board (FASB or the Board).

  • advocacy

Letter to Congress on preserving PTET deductions

May 21, 2025

The VSCPA urges Congress to oppose provisions included in the House Ways and Means Committee’s tax reform legislation that unfairly target the ability of service businesses structured as pass-through entities to deduct their state and local taxes (SALT) from their federal tax liability while providing no such limit to other businesses.

  • advocacy

Welcome back!

May 08, 2025

Although popular and successful in other industries, returnships have remained largely untouched by the accounting profession. Experts share why CPA firms should consider tapping into this retention tool to combat the ongoing talent crisis.

  • talent
  • disclosures

2025 General Assembly reflections

May 07, 2025

Ups (passing pipeline legislation) and downs (threats to rolling conformity) made this year’s Virginia General Assembly one for the books.

  • disclosures
  • advocacy

A refresher on CPE requirements

May 07, 2025

To ensure Virginia citizens receive services from well-skilled CPAs equipped with the latest knowledge, the Virginia Board of Accountancy requires CPAs to take a certain amount of continuing professional education (CPE) each year. If you fall behind on this requirement, you could be subject to fines or other consequences after a CPE audit.

  • disclosures
  • career

CRM — The ultimate business automation tool

May 07, 2025

No longer a luxury tool for large companies, Customer Relationship Management (CRM) systems can help businesses of all sizes enhance operations and grow revenue.

  • technology
  • disclosures

Culture in crisis

May 07, 2025

Burnout is fueling workplace frustration, cynicism and absenteeism. Leaders can chart a path forward and right the ship.

  • talent
  • wellness
  • disclosures

From the CEO: VSCPA 2030 -- Our first year in review

May 07, 2025

  • disclosures

Red flags in your cyber insurance policy

May 07, 2025

In an era where cyber threats are evolving at an unprecedented pace, the importance of robust cyber insurance coverage for nonprofits cannot be overstated. However, many nonprofit organizations find themselves facing challenges when it comes to understanding and navigating their cyber insurance policies.

  • cybersecurity
  • disclosures