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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.

  • ai
  • corporate finance
  • technology
  • map

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.

  • wellness
  • map

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.

  • cpa exam
  • students

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Traditional pathways, rigid expectations and outdated workplace norms are no longer sustainable in an environment where younger professionals are seeking meaningful work, transparent leadership and flexible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.

  • leadership
  • talent
  • disclosures
  • map

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?

  • ai
  • technology
  • disclosures

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?

  • disclosures
  • map

‘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.

  • disclosures
  • financial literacy

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.

  • taxation
  • disclosures

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.

  • ai
  • corporate finance
  • technology

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.

  • financial literacy

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.

  • ai
  • technology

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.

  • taxation

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.

  • corporate finance
  • leadership
  • wellness

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.

  • ai
  • corporate finance
  • technology
  • map

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.

  • cpa exam
  • students
  • career

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.

  • talent
  • taxation
  • map

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.

  • corporate finance

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.

  • ai
  • technology

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.

  • map