Professional News

By Ken Huffman, CPA The accounting profession is a great one to be in. Surveys have shown that clients trust their CPA even more than their financial advisor. Surveys have also shown that clients would rather obtain financial products from their CPA than a financial planner because CPAs are trusted

By Melisa Galasso, CPA In July 2018, the U.S. Government Accountability Office (GAO) issued Government Auditing Standards, 2018 Revision (GAO-18-568G). Government Auditing Standards go by several names, including Yellow Book, Generally Accepted Government Auditing Standards (GAGAS) and Government

By John Reynolds In January 2018, the U.S. Bureau of Labor Statistics reported that the median length of time employees are with a company is 4.2 years. On average, this period has decreased over the last few decades. So, chances are, you will or have recently endured the (sometimes challenging)

By Mark Dow, CPA, and Marianne Badurina, MBA As our country begins our “new normal” in the wake of the pandemic, accounting firms and companies must reinvent themselves to match new employee expectations that were reshaped during the lockdown. Potential employees are looking to work for

One of the perks of a career as a CPA is that it doesn’t have to be traditional. In fact, CPAs can hold many unexpected roles across diverse industries. If you’re wondering what some of your options are outside of working at a firm or in corporate finance, we rounded up five personas CPAs can adopt

By Joan D. Aaron, CPA Virginia's Commissioner of Accounts system dates back to an 1849 revision in the Code of Virginia. There have been changes over the years, but the basic structure remains intact. Virginia Circuit Courts, present in every city and county in the state, have ultimate

By Dustin Hostetler Is your firm built for success or doomed for disappointment? As you ramp up for busy season, have you given your service teams everything they need to be successful in the coming months? Are they prepared to give your clients an unparalleled level of service compared to your

By Colette Wilson, CPA When we hear the terms supervising, coaching and mentoring, many people think they are the same thing — an employer telling an employee what to do and how to do it. These instructions could be for ensuring continued employment, for advancement to a new position or for

By Kevin Matthews, CPA What is it to be a veteran and a CPA? What makes military service so different than that from any other job? Is it simply someone who was in the uniformed services but no longer serves? Is the status of a veteran to an ex-military servicemember the same as that of an

CLICK HERE TO SEND A MESSAGE TO YOUR REPRESENTATIVES. A provision in the tax legislation released by the House Ways and Means Committee threatens to eliminate the tax deduction for pass-through entities (PTE), including accounting firms. If passed, this provision would raise taxes on partners/owners