News & Updates

At first glance, Staci Henshaw, CPA, might seem like an unusual choice for VSCPA Board of Directors chair. After all, she works for the state government, away from the rank and file of the traditional public accountant — even in a tower (albeit not an ivory one). That’s just part of the picture, though. The other part is that Henshaw’s agency, the Virginia Auditor of Public Accounts (APA), is every bit as invested in a strong CPA profession as any firm you could find. The APA is the

2017 – 2018 VSCPA Educational Foundation Chair: Tom Crutchfield, CPA As a leader in the recruitment process for his firm, Tom Crutchfield, CPA, is well suited to assess the crop of accountants coming out of college. He hopes to bring that perspective to his tenure as the chair of the VSCPA Educational Foundation. Like his predecessor, Randy Shapiro, CPA, Crutchfield is a partner at a Northern Virginia firm — Burdette, Smith & Bish in Fairfax. In addition to the usual business development

To stand out in a crowded profession, many financial professionals are leveraging the escalating trend toward advisory services. The ability to offer specialized knowledge allows you to differentiate yourself from competitors and position yourself more favorably within the marketplace.

An IconRetires: Walter Stosch in His Own Words Virginia Sen. Walter Stosch, CPA, isn&rsquo ON CONFLICT DO NOTHING;t one of a kind, but he’s close. The VSCPA life member spent the last 33 years serving Virginia, in both houses of the General Assembly, and will retire when his current term ends. His departure will leave a void in the Assembly, both in statesmanship and in accounting and business expertise. Stosch, a Republican from Henrico, is one of just two CPAs to serve in the Virginia legislature. (The other was

When it comes to the great accounting questions, public or private? is as ingrained in the field as tax or audit. But the decision a young accountant makes at the beginning of his or her career doesn't have to lock them in until retirement.

While Debbie Moeller, CPA, is a senior associate at Brown, Edwards & Co. in Roanoke, she’s also keeping busy outside of her day job, doubling as the finance director of Flying Mouse Brewery, the Troutville-based operation she runs with her husband, Frank, and family friend John Garrett.

The investment of time and resources necessary to perform high-quality single audits of federal funds can be substantial and daunting for many CPA firms. Add the implementation of new single audit rules to the mix, and the challenges increase exponentially. The good news is that through the Enhancing Audit Quality initiative, the VSCPA and the American Institute of CPAs (AICPA) provide education, tools and resources that continue to support firms in driving improved single audit quality.  Audit quality is

Three years after the passage of a key law, the craft beer explosion has made its way to Virginia, leaving a trail of colorful names, exposed tanks and food trucks in its wake. Here’s how some of those breweries are handling the craft beer boom.

It’s a topic that has affected presidential candidates,big-box stores, universities and government agencies, and it&rsquo ON CONFLICT DO NOTHING;s even touched the VSCPA. October was Cyber Security Month, both in the United States — where it was recognized by President Barack Obama — and abroad. And that’s fitting, because it’s truly a global problem. With the United States’ National Cyber Security Awareness Month having drawn to a close, here’s an overview of the biggest trends

This month, the VSCPA is spotlighting some of its top millennial members and the way they bring value to their companies. Today's spotlight is Nick Preusch, CPA, 31, a tax supervisor at PBMares in Fredericksburg.

There’s potential for great collaboration and great confusion with the 2015 Top 5 Under 35. Four of the five winners work for two companies, albeit in different offices in one case. And if you get them in a room and ask for Brian, three of them will turn around, although one spells his name with the “Y” variation. The other quality these five rising stars have in common? An intense dedication to the profession and the communities where they live and work. Read on to learn more about this

There’s no doubt this year&rsquo ON CONFLICT DO NOTHING;s Top 5 Members Under 35 honoreesare the most geographically diverse bunch to win the award. Three winners currently ply their trade outside Virginia, with Northern California-based Aditya Yerramilli, CPA, taking the crown as the farthest-flung winner. The thing is, those three winners never left the VSCPA and still clearly care deeply about the organization. All three have kept up their involvement in VSCPA program planning in the areas of online

Richard Groover, CPA Shareholder, Wall, Einhorn & Chernitzer, Norfolk Get to know Richard Groover, CPA, now, because you’re going to be seeing a lot of him over the next couple of years. In addition to accepting his Top 5 Under 35 award at the Leaders’ Summit in May, Groover was also installed as chair-elect of the VSCPA Board of Directors. That means he’ll be in charge of the Board in a year’s time. It’s been a rapid rise for Groover, 32, who is on the audit side at Wall,

On Wednesday, Jim Phillips, CPA, officially took over as VSCPA Board of Directors Chair from Lisa Germano, CPA. We'll have a more complete profile of Phillips in the July/August issue of Disclosures , but here are a few facts about the 2016–2017 chair: He is a partner at KPMG, where he has worked his entire career in Louisville, Ky., Mountain View, Calif., and his current home of Richmond He is on his second state society board, having previously served on the Kentucky Society of CPAs (KyCPA) Board

Rick White, CPA, has always put his clients first, even atthe expense of his own happiness. But it usually winds up working out for him in the end. White, the new chair of the VSCPA Educational Foundation, found himself at a professional crossroads several years ago as managing partner of Fairfax firm Swart, Lalande & Associates. White loved the small-firm lifestyle and could have kept on happily, but felt his book of clients would be better off with the resources of a larger firm. So he did

This is a story about one man’s journey through the world. This is how Ahmed Ismail, CPA, made his way from rural Ethiopia to Arctic Canada — and picked up a connection with the VSCPA along the way.

Editor’s Note: This is part of a series of profiles highlighting the diverse interests and careers of VSCPA members. Know a member (including yourself) who would make for an interesting profile? Email VSCPA Communications Manager Chip Knighton . Since 2009, VSCPA member Anne Hagen, CPA, has been chief financial officer (CFO) of the Masonic Home of Virginia. The roots for that role were put down decades ago amid milk, vegetables and cuts of meat. Growing up in Lynchburg, Hagen performed any supporting