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Practice Management Resources

Practice Management Resources

FASB Issues New Standard on Insurance Accounting

August 21, 2018

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.

Inside the Cybersecurity Arms Race

June 20, 2018
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

Walking the Path: VSCPA Members Discuss Their CPA Journey

June 20, 2018
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