Professional News

By Brian Marks, CEBS The Affordable Care Act (ACA) is at its 10-year milestone; it was signed into law on March 23, 2010. Its intent was to improve access to health insurance and health care while enhancing affordability. The focus of many of its reforms was individual market access; however, its

By Mary Torretta, JD, and Michelle Weber, CPA It would have been interesting to be a fly on the wall as Congress labored through drafting and revising the Tax Cuts and Jobs Act (TCJA) in fall 2017. Not only was Congress concerned with figuring out a way to present a balanced piece of tax legislation

By Amanda Phelps, CPA It’s 3:30 p.m. on a Tuesday, the trial balance is out of balance by $57,000 and retained earnings don’t tie to the prior year. “Ok, I only have one more hour and 27 minutes left to finish this project,” I think to myself. Feeling flustered, I reach for my phone subconsciously

By Amy Vetter, CPA/CITP, CGMA Not too long ago, Business Insider published a list of some of the worst product launches in history. While it's funny to recall that Coke once thought it was a good idea to abandon its classic formula, many of these stories are learning opportunities for today's

By Michael Watkins, CPA Flashback: Your accounting studies in college are ramping up. The first exam in a core course is behind you and more challenging subject matter lies ahead. It’s also recruiting season and the lobby of the business school is abuzz with employers networking with future entry

Every year, businesses all over the country lose billions of dollars to employee fraud. And while the big companies make the headlines, small- and medium-sized businesses are equally — and sometimes more — at risk, primarily due to a lack of awareness or a false sense of security. The fraud

The CPA credential carries immense weight in the eyes of the public. So it’s no surprise that those who have done what it takes to become a CPA — and those who work with them every day — place a high value on getting the credential. That trust and value was reiterated at the VSCPA’s 17 th annual

By Bill Reeb, CPA, CITP, CGMA Co-Founder and CEO, Succession Institute What a title...“The Perfect Storm is Coming for Our Profession!” This may sound overly dramatic. It also may sound very ominous. But it also may come across as somewhat hokey as well. However, I do believe the perfect storm is

If you’re a business leader, how would you estimate you spend the majority of your time? If 80% of your time is taken up by a specific task, wouldn’t it make sense to do anything you can to improve in that area? And yet that’s not what most business leaders are doing. The average business executive

By Christopher Stark, President & CEO, Cetrom During COVID-19, some CPA firms adapted to the COVID-19 “New Normal” better than others; the firms that integrated and adopted new technology into daily operations have survived and set themselves up for a more seamless transition into the next years