News & Updates
Letter to PEEC on Alternative Practices Structures Exposure Draft
April 30, 2026
The VSCPA responded to the exposure draft issued by the AICPA Professional Ethics Division, Proposed Revisions Related to Alternative Practice Structures.
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.
IRS Will Revise Form 990, Treasury Says
April 23, 2026
On April 23, 2026, the U.S. Department of the Treasury announced the IRS plans to revise the Form 990 to improve transparency, strengthen tax administration, and provide clearer reporting on certain activities of tax-exempt organizations.
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.
Businesses Foresee Productivity Gains as AI Adoption Accelerates
April 14, 2026
While business leaders struggle to leverage AI to improve productivity now, many project significant gains over the next three years.
How to Build a Modern Due Diligence Framework for M&A Success
April 13, 2026
Today’s dynamic M&A landscape requires a due diligence framework that integrates advanced technologies, sharper analytics, and forward-looking insights.
The Hidden Burnout Problem Leaders are Missing in High Performers
April 11, 2026
Most leaders assume burnout is easy to spot. An employee checks out, performance drops, enthusiasm fades, and the warning signs become obvious. A more unsettling truth, revealed by new research, is that burnout might be most apparent in individuals who still appear highly productive.
Forensic Accounting in Criminal Court: What CPAs Need to Know
April 10, 2026
Understanding how forensic accounting operates in criminal court can open new career paths for CPAs and strengthen their advisory role.
Mentions of AI Skills in Accountant Job Postings Rise 67%
April 09, 2026
The largest year-over-year rise in job mentions that require artificial intelligence or machine learning capabilities is the role of accountant, according to a new report.
Helping Employees Find 'Meaning' Improves Performance and Narrows Gender Gaps
April 07, 2026
A common way to boost employee motivation is to provide monetary incentives linked to a firm’s goals. A different approach to motivation encourages employees to reassess their roles through the lens of purpose.
IRS Expands Business Tax Account Access
April 07, 2026
The Internal Revenue Service announced a major expansion of its Business Tax Account, making the online self-service platform available to partnerships, federal, state, and local governments, Indian tribal governments, and tax-exempt organizations.