Professional News

By Sherryll Penney, MSPC Certified Public Accountants & Advisors, PC When clients trust their CPAs with financial data, it’s the CPAs’ responsibility to ensure they do everything possible to protect against breaches that could compromise personal, sensitive and confidential information. However

By Anthony Mongeluzo, PCS In the world of cybersecurity, accountants should be aware of the “big four” threats that are the most common ways to breach a company’s IT infrastructure: phishing and whaling; ransomware and worms; remote desktop protocol attacks; and WiFi hotspot hacks. The process of

By Gary Thomson, CPA It’s not unusual to meet a new managing partner who was chosen to lead but didn’t necessarily “look” for the job. They don’t doubt their skills as a CPA, rather, they wonder if they’re in the right position to effect change and how they should do it. I call them reluctant

By Brian E. Deibler, CPA, CGMA We are on the eve of the first real-world application of the Tax Cuts and Jobs Act of 2017 (TCJA), signed into law by President Trump on Dec. 22, 2017. Most of the changes introduced by the bill went into effect on Jan. 1, 2018, and will make their way on to our

By Warren Chapman, CPA For a full report on all the changes (this list is not all-inclusive), read the “2014 Legislative Summary” from the Virginia Department of Taxation (TAX), available as a PDF at www.tax.virginia.gov. All changes went into effect July 1, 2014, unless otherwise stated. Tax

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

Virginia Sen. Walter Stosch, CPA, isn’t one of a kind, but he’s close. The VSCPA life member spent the last 33 years serving Virginia, in both houses of the General Assembly, and will retire when his current term ends. His departure will leave a void in the Assembly, both in statesmanship and in

By Gabriele Lingenfelter, CPA, MBA, and Philip H. Umansky, CPA, Ph.D. Teaching accounting entails that some students will eventually need help outside of class. Whether these students get confused during the introduction of debits and credits, during the discussion of adjusting entries or when

By David Peters Corporate wellness has become one of our new favorite buzzwords. While we were busy calibrating our expectations, leveraging our strengths, and making it pop, corporate wellness has snuck into the day to day conversations being overheard in cubicles and behind many office doors. We

By Randy Johnston As accountants, we must be continuous learners. We take classes and read articles to keep our skills current, all to put us in the best position to help our firm and/or our clients. While there is debate if 40 hours of CPE is enough educational exposure with more profitable