News & Updates

Depending on a worker’s investment skills, life expectancy, and economic needs, taking Social Security early and investing the benefits to build a nest egg may be economically beneficial — although the longer the beneficiary lives and the higher inflation the levels over the time period, the more difficult it will be to become economically wealthier.

ASU 2025-05 provides relief for accounts receivable and contract assets under the current expected credit loss (CECL) model.

The AICPA provides conceptual frameworks for CPAs in public practice and corporate finance to apply when assessing their compliance with the Code of Professional Conduct in a particular situation.

The final few weeks before the winter holidays can be full of stress. Try a few resilience exercises to calm the storm and get through the end of the year in peace.

Embracing the sunny side of work and life will only help leaders grow their teams and businesses.

Firms should be focusing on updating their quality management policies and procedures in time for the December deadline.

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!

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.

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.

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

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.

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

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

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.

In 2025, a new CEO of the American Institute of CPAs and Association of International Certified Professional Accountants took the reins from long-time leader Barry Melancon, CPA, CGMA. Mark Koziel, CPA, CGMA, has hit the ground running to get acclimated to his new position.

When is the best time to start collecting Social Security retirement benefits? This issue is complex; every person’s situation is unique. The best decision for one person may not be correct for another in a different situation.