Professional News

By Courtney Arrington, CPA What is a personal brand and why is it necessary? A personal brand is the public perception that represents who you are and what you do. A strong personal brand can lead to opportunities for career advancement and other professional accolades. Your personal brand is the

By Richard J. Beason, CPA Since the beginning of mankind, we have sought the natural laws of the universe. Newton, Galileo, Einstein and Hawkins are some of the great names who developed theories of how our universe operates. Likewise, CPAs have tirelessly worked to develop complete theories to

By Terry Barrett, CPA States historically have required sellers with a physical presence in the state to collect and report the tax due on taxable sales. A physical presence is created by a storefront, warehouse or other location, through assets held or inventory stored, or through employees or

By David J. Kupstas, FSA, EA, MSPA As third-party administrators, we can get very anxious when we learn that Congress is thinking of tinkering with the retirement plan rules in the tax code. We wonder, will this help our clients? Will it hurt them? We also wonder how our own business will be

If you or your organization want to inspire an innovative and responsible corporate culture, five factors could help you get there, according to a 2021 whitepaper from the AICPA & CIMA and World Business Council for Sustainable Development . Improve accountability: To ensure decision-makers are held

By Genevieve Hancock, CPA During the pandemic, ASC 842, the lease standard for private companies, was delayed to a 2022 implementation deadline. Even though private companies have had since the standard’s release in 2016 to prepare, a large population of companies are still not fully ready or have

That depends, according to a June 2021 report released from the Virginia Office of the State Inspector General investigating the quality of land conservation achieved by easements supporting tax credits. In particular, the audit discovered that Virginia receives lower quality conservation for

By Walter N. Gavula The tax profession faces many challenges in the current regulatory, compliance, and technology environments. Simultaneously, there are increasing internal firm pressures on tax professionals to operate more efficiently and effectively and to contribute more to bottom-line growth

By Jill Edmonds Data analytics, artificial intelligence, virtual workspaces, remote learning … The professional life of a CPA is a far cry from the physical general ledgers of the past. The skills and competencies CPAs need today to continue to provide high-level services to their companies and

By Brigid D’Souza, CPA The post-graduate summer is a limited window of time to maximize efficient, effective CPA preparation. The momentum to study can dissipate as candidates start to work full time and their plates fill up with on-the-job deliverables. Passing the CPA Exam as soon as possible