News & Updates
AI and Governance Issues: 3 Keys to Bridge a Costly Gap
May 02, 2026
Concerns about workforce and data readiness are commonly cited for AI initiatives failing to substantially boost company bottom lines, but a recent survey of nearly 1,000 business leaders revealed an unexpected leading cause — and a lack of response to that cause.
How CPAs Can Make Mental Health a Shared Priority
May 02, 2026
Common symptoms of chronic stress and burnout are increasingly impacting white-collar workers, especially those in the accounting profession.
Navigating the CPA Exam: An Unconventional Guide to Endurance, Dedication and Success
May 02, 2026
The CPA Exam isn’t just a test of book smarts -- it's also a test of grit. It’s about how you manage yourself through the hard times, and there will be hard times. You must ask yourself how willing are you to persist when you’re tired, burnt out, or unsure of success.
Building a Future-Ready Workplace: Attracting, Engaging and Retaining Younger Talent
May 01, 2026
Traditional pathways, rigid expectations and outdated workplace norms are no longer sustainable in an environment where younger professionals are seeking meaningful work, transparent leadership and flexible structures. Creating a future-ready workplace requires more than just adjusting policies, it demands a deliberate cultural shift.
How Much AI Due Diligence Is Enough? A Risk-Based Approach for CPAs
May 01, 2026
Opportunities to use AI are expanding. As vendors add AI features, firms face a familiar challenge: adopting useful innovation while managing risk. Due diligence is not optional. The real question is: How much diligence is enough for this situation?
PE, Merge or Move On?
May 01, 2026
The accounting profession is amid a seismic shift. Private equity (PE) is reshaping firm ownership structures, consolidation is reaching down to smaller firms, and partners nearing retirement are asking: Who will take care of my clients?
‘Start Now.’ A Q&A with Lisa Germano, JD, CPA, on Achieving Retirement Goals and Financial Literacy
May 01, 2026
VSCPA member Lisa Germano, JD, CPA, will write a standing Disclosures column on retirement planning literacy. Here, she discusses her interest in financial planning and the biggest misconceptions she sees.
Virginia Land Preservation Tax Credits Continue to Provide Planning Opportunities for Clients
May 01, 2026
For almost 25 years, Virginia taxpayers have been able to purchase Land Preservation Tax Credits at a discount in the marketplace to save on their Virginia income tax liability. However, despite the passage of time, some professionals are still unfamiliar with the program.
Facing Cost Pressures, CFOs Turn to AI and Automation
April 30, 2026
Savings could be around the corner for CFOs who invest more of their budgets in technology upgrades, the results of a new survey suggest.
Americans Are Building Emergency Savings, But Gaps Remain
April 29, 2026
A Financial Literacy Month survey conducted by The Harris Poll on behalf of the AICPA shows that while a large number of Americans (78%) report that they do have money set aside in a savings/emergency fund to cover living expenses, savings by adults ages 45-54 and women is lagging.
House Panel Backs Repeal of BOI Reporting by Domestic Companies
April 28, 2026
A House committee voted to repeal beneficial ownership information (BOI) reporting by domestic companies, leaving only foreign-owned companies covered by the requirement.
The Brilliant Caffeinated Intern: Navigating the AI Minefield
April 27, 2026
Imagine you hired a new intern named Al. Al is a prodigy. He can digest a 500-page tax code update in seconds, draft a firm email to a difficult client in a heartbeat and reorganize complex datasets before you’ve even found your coffee mug. But Al has issues.
How Was Tax Season? Take the AICPA IRS Survey
April 24, 2026
This five-minute survey will help the AICPA better assess its advocacy for CPAs and their clients at the IRS.
Cognitive Bias Shapes Judgment in Accounting and Finance
April 23, 2026
Cognitive bias is often treated as a theoretical concern, yet its influence on accounting, finance and leadership decision-making is both practical and pervasive.
How to Measure Sophisticated AI Use at Work
April 21, 2026
A landmark study of 1.4 million real workplace interactions with artificial intelligence reveals teachable differences between routine and sophisticated AI use that offer organizations a concrete road map for identifying and scaling high-impact AI capability.
Oh, the Places You Can Go (CPA Edition)
April 21, 2026
Earning a CPA license carries significant weight in the accounting field. Beyond signaling expertise and credibility, it distinguishes you from your peers and opens the door to a wide array of career opportunities across public accounting, corporate finance, government and beyond.
3 Tips to Prevent Staff Loss After Tax Season
April 20, 2026
Most professionals are committed to seeing the work through and won’t abandon their teammates in the middle of a sprint. But risk rises after busy season.
5 Ways the CFO Role Will Transform by 2050
April 17, 2026
By 2050, CFOs will lead autonomous systems, govern AI, embed ESG and guide culture through rapid change. Explore how the CFO role is shifting from compliance to strategic, human-centered leadership.
CPAs Can Protect Elders From AI-Related Fraud
April 16, 2026
Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning.
Tips for Writing CAS Engagement Letters
April 15, 2026
The nature of a CAS engagement, like any other consulting service, is determined solely by the agreement between the accountant and client. When that agreement is vague, or worse, not written down at all, accusations can fly and fingers can point.