Practice Management Resources

By Brandon Pope, CPA What keeps you up at night? Are you a manager who is trying to balance a shorthanded team’s needs while still maintaining your own priorities? Are you a controller who has deadline after deadline coming up with limited resources? Are you a CFO who understands the power of big

By Thomas E. Schmitt, CPA/CITP, CGMA, CISA Ready to put a Master Data Management plan into action? Check out the second part of this article, "Mastering the Data Domain: How You Can Get Started." Have you ever been working on a project, performing research or executing analyses, only to find later

The cloud was once a mysterious product only embraced and implemented by the most forward-thinking CPA firms. Today, most CPA organizations are aware of the cloud and how migrating a legacy IT ecosystem over to it can deliver tremendous benefits across a wide array of areas. The cloud is no longer

By Bill Reeb, CPA, CITP, CGMA Co-Founder and CEO, Succession Institute What a title...“The Perfect Storm is Coming for Our Profession!” This may sound overly dramatic. It also may sound very ominous. But it also may come across as somewhat hokey as well. However, I do believe the perfect storm is

Blockchain and data analytics technology have been well-covered by the VSCPA as part of its “Drive Innovation and Vision” bold strategy from the VSCPA2025 strategic framework. But what do some less obvious technological advances mean for the CPA profession? Drone technology was once the purview of

Protect your firm with clear and effective engagement and disengagement letters. By Suzanne M. Holl, CPA Engagement and disengagement letters are two of the fundamental building blocks of effective CPA risk management. Along with client screening and ongoing documentation practices, engagement and

By Yanhua Bai and John Brozovsky, Ph.D. Database security breaches have caused a huge amount of damage to companies across the United States. As companies rely more and more on the Internet to conduct business, company data is more and more susceptible to hackers. It is crucial for every company to

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that improves financial reporting for insurance companies that issue long-duration contracts, such as life insurance, disability income, long-term care, and annuities. Click here (PDF)for more information.

It’s a topic that has affected presidential candidates,big-box stores, universities and government agencies, and it’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

A career as a CPA is a lifelong journey. While you can usethe credential to get into any number of niche positions, there’s a well-trod path through the public accounting field that’s open to anyone who can get their license. There are certain inflection points on that path that carry a little extra weight — points where an accountant effectively moves into a new phase of his or her career. With the new LEAD initiative focused on developing leadership qualities and skills, the