Professional News

By Melissa A. Dardani, CPA, CFE Auditors and accountants rely on analytics in monitoring functions, risk assessments and substantive procedures in the audit function and in operational support. Key performance indicators (KPIs) are measures of the components that drive a business’ value. As such

By Sheila A. Border, CPA Do you provide information technology services for your attest clients? Or does the firm that performs your attest work also provide information technology services? Those services may now cause independence concerns. The AICPA Professional Ethics Executive Committee (PEEC)

By Nicole Garcia Job interviews can be intimidating, but virtual interviews can often be even more intimidating. Many employers have transitioned to virtual recruiting and interview processes. While this has many benefits for both parties, it opens the door to some possible complications or

By Brandon Pope, CPA Frustrating, surprising and hopeless are all words used to describe today’s talent market. It’s no secret the market for good talent is tighter than it’s ever been. Another year of an inverted relationship between the decreasing number of accounting graduates and the increasing

By Louis P. Le Guyader, CPA Various regulatory bodies in several countries and regions continue their quests to issue rules for environmental, social and government (ESG) reporting. The general worldwide state of ESG reporting at this date remains a largely voluntary practice for reporting entities

When it comes to total compensation and benefits, how do firms across Virginia stack up? To help them determine compensation and benefits structures, the VSCPA and Whorton Marketing & Research conducted a compensation and benefits survey among public accounting firm members in November and December

By Rachel Anevski, MAOB, PHR, SHRM-CP, Matters of Management, LLC Many people choose to go into accounting because they’re “good with numbers” or have a passion for finding answers. It’s rare for someone to choose accounting because they envision a life of teaching. And it’s rarer yet for someone to

By Paul Reyes, CPA; Matthew Schwartz, CPA/CFF, CFE, CIRA; Timothy King, CPA/CFF, CFE, Bederson LLP Accountants are relied upon to uncover fraud across a number of disciplines, including, audit, attorney trust accounting and bankruptcy. Here are some of the warning signs as well as tips for

By John W. Weiss, Esq., and Dillon J. McGuire, Esq., Pashman Stein Walder Hayden P.C. Economists warn that a fiscal storm is brewing, with prolonged recession the likely result. Bankruptcy filings seem imminent, and there will be a growing need for CPAs to assist their clients in financial distress

By Desiree Martinez, MS, Traphagen CPAs & Wealth Advisors Everyone is familiar with the word “fraud,” whether it is because they or someone they know has been a victim of it or because of the many stories of business scams such as the Enron scandal. Every year, around 5 percent of entities’ revenue