News & Updates

Spring semester enrollment in four-year undergraduate accounting programs rose 8.9% from spring 2025, according to an AICPA analysis of National Student Clearinghouse Research Center data, sitting at 205,180 students.

On June 5, 2026, the VSCPA followed up on a previous letter regarding the draft VBOA policy on Inactive and Emeritus license statuses.

New regulations going into effect July 1 put annual and lifetime caps on federal student loans and create new guidelines for repayment. Graduate students in accounting, engineering, nursing, and a host of other professions are subject to an annual borrowing limit of $20,500, with an aggregate lifetime limit of $100,000.

On April 6, 2026, Virginia Gov. Abigail Spanberger signed legislation into law to establish Inactive and Emeritus CPA license statuses.

Good news for CPAs practicing across North American borders. An agreement will extend cross-border practice mobility for CPAs through the end of 2028.

For most CPAs, those three letters after our name are more than a credential — they’re a symbol of ethics, achievement, and trust. But in some firms and states, CPAs are being asked — or even required — not to use the designation in business communications.

Here's where things stand on major tax proposals before the Virginia General Assembly, as well as the bill to introduce a CPA, Emeritus licensure status.

https://www.journalofaccountancy.com/news/2026/feb/aicpa-supports-accounting-stem-pursuit-act-legislation

As the General Assembly session moves deeper into February and crossover approaches, the gravitational pull of the budget is becoming impossible to ignore. Even for bills that don’t directly appropriate funds, fiscal impact is increasingly shaping which proposals advance, pause, or change form.

Every VSCPA scholar carries with them a story of ambition, discovery and the drive to succeed. Meet Marisa Cooke, an undergraduate senior at Virginia Tech and proud VSCPA Foundation scholarship recipient. Her journey into accounting is one of unexpected inspiration, bold decisions, and a growing passion for making a difference through the profession.

Legislation to modernize Virginia’s CPA licensure statutes passed a House General Laws subcommittee unanimously Jan. 29, 2026.

On Dec. 3, 2025, the VSCPA commented on the draft VBOA policy addressing Inactive, Emeritus, and Expired/Suspended/Revoked License Status.

The VSCPA's advocacy related to the new 120-credit hour CPA pathway was featured in this November 2025 Virginia Business article. (Subscription may be required to view.)

This article outlines the structure of the alternative pathway and discusses its advantages and challenges, drawing insights from industry professionals and academic experts. It also provides an overview of ongoing alternative pathway adoption efforts across the United States. Finally, it examines the impact of CPA Evolution on CPA Exam pass rates over the past year.

Every VSCPA scholar carries with them a story of ambition, discovery and the drive to succeed. Meet Juan Chan, an undergraduate senior at George Mason University and 2025 VSCPA Foundation scholarship recipient.

The desire to hire new accounting graduates remains strong among public accounting firms, and signs point to a possible turning of the tide when it comes to supply meeting demand, according to data from the AICPA’s biennial Trends report.

The AICPA and state societies, including the VSCPA, have pledged strong support for accounting education programs to gain STEM status, and the idea also has backing from the majority of respondents in a new survey.

When designed with purpose, internship programs do more than provide seasonal help—they create a sustainable pipeline of future firm leaders.

The once-boring job of accounting is now being recognized by Gen Z for what it is: An amazing career with six-figure potential.

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.