Professional News

By Ron Klein, J.D. "Hope for the best, plan for the worst" — a very sound risk management approach. When it comes to your client being exposed to cryptoasset risk, "plan for the worst" is necessary. No one at CAMICO, or anywhere else, knows whether cryptoassets will suffer a crash in value. What we

By Cheri G. David, CPA, CVA “With this hug, I thee wed.” Marriage is an emotional and financial investment for couples, often beginning with a sunny paradise and sometimes ending with an unplanned tsunami. Whether your clients are Katie Holmes, Paul McCartney or not famous at all, value-added

By Jennifer Eversole, CPA The mere mention of internal control often conjures images of red tape and bureaucracy, preventing people from getting things done. And understandably so – the word “control” is right there in the name, and generally people don’t like things that try to influence or direct

By Tori Smith “Pomp and Circumstance” plays as college graduates grab their hard-earned degrees and switch their tassels to the other side of the cap. As they walk off the stage, they look forward to their futures — though some may have questions and challenges about their career paths. Graduates

By Zach Shoaf, CPA Checklists and analytics have long been staples of the audit profession. However, the Dynamic Auditing Solution (DAS) initiative, a joint venture between the American Institute of CPAs (AICPA), its subsidiary, CPA.com, CPA firms, and CaseWare International, aims to enhance the

By Abigail Olson Cryptocurrency is gaining momentum and becoming more mainstream. As founder of Afloat, a blockchain-based tax credit marketplace, VSCPA member Louise Reed, CPA, answers a lot of questions about crypto and other innovations. “You can’t truly appreciate the value of bitcoin until you

By Libby Dishner Acute stress, perhaps the kind you’re feeling right now or during tax season, comes from the demands and pressures you feel until that blessed deadline day. We all know what this type of stress feels like and it is easily detected if we pay attention to the signs. I’m sure there’s a

By Cecilia Locati, ACMA, CGMA From fake invoicing and pay-and-return schemes to personal purchases with corporate funds and payment fraud, fraud in the procurement-to-pay process is very common and extremely difficult to prevent and detect. According to the 2016 Report to the Nations on Occupational

By Jennifer Eversole Shortly after college, I found myself in a rapidly growing service organization on the last track to management. Being in the professional world was a phenomenal new experience, so I was eager to soak up as much knowledge and experience as I possibly could. After a year or so, I

Succession planning is an issue that can determine the very future of your firm, yet it doesn’t always get the attention it deserves. When done right, it’s a lengthy, involved process; however, it helps firms of all shapes and sizes maintain business continuity and productivity no matter what