News & Updates

The VSCPA Accounting and Auditing Advisory Committee has reviewed the proposed Accounting Standard Update Intangibles-Goodwill and Other – Internal Use Software (Subtopic 350-40); Targeted Improvements to the Accounting for Internal-Use Software.

The VSCPA Accounting & Auditing Advisory Committee (Committee) has reviewed the Exposure Draft (ED) — Equity Method of Accounting — IAS 28 Investments in Associates and Joint Ventures.

The world is changing fast. Should the qualifications to become a CPA change too? The VSCPA is introducing legislation in 2025 to add an additional pathway to become a CPA.

For Immediate Release  Emily Walker, VSCPA (804) 612-9428 ewalker@vscpa.com Richmond (Oct. 23, 2023) — With the explosion of artificial intelligence use in the corporate world, business professionals must understand the critical ethical issues surrounding AI use, development and deployment.

For Immediate Release Tina Bates, VSCPA (804) 612 -9416 tbates@vscpa.com X: @vscpanews Richmond (Oct. 9, 2024) — The Virginia Society of Certified Public Accountants (VSCPA) marks 115 years as the professional organization for CPAs in the Commonwealth of Virginia — more than a century of membership.

Individuals and businesses want to help individuals affected by disasters and may not realize there are “Qualified Disaster Payments” that allow disaster victims not to include as income some assistance payments they receive. Read more from the NCACPA.

In recognition of her contributions to advancing diversity in the business and accounting community, VSCPA President and CEO Stephanie Peters, CAE, received the 2024 Leadership Award from the Ruth Coles Harris Leadership Institute (RCHLI) in the Sydney Lewis School of Business at Virginia Union University (VUU).