Professional News

Blockchain and data analytics technology have been well-covered by the VSCPA as part of its “Drive Innovation and Vision” bold strategy from the VSCPA2025 strategic framework. But what do some less obvious technological advances mean for the CPA profession? Drone technology was once the purview of

By CAMICO’s Loss Prevention Team With cybersecurity threats coming from all directions, it’s important for CPA firms and their staff to be aware of how the risk exposures impact the firm as well as the client. When there is a claim, it is important to understand how cyber insurance coverages work

The Certified Public Accountant (CPA) license matters. The proof presents itself every day in the ethical, informed and trustworthy work CPAs do. Through their invaluable work, licensed CPAs bring confidence, experience, accuracy and honesty to an, often, uncertain financial world. The CPA license

By Jordan Hartman, CPA Lately, I often find myself looking back at my decision to leave public accounting. In fall 2020, I made the mental commitment to make a change in my career. Five years out from graduating college, I had achieved my goal of becoming a manager and thoroughly enjoyed my job

Thanks to fairly quick passage this year, fixed-date tax conformity was signed by Gov. Glenn Youngkin and became law on Feb. 23, 2022. HB 971 was passed by the Virginia House on Feb. 4 and then the Senate on Feb. 17. The bill advances Virginia's date of conformity with the Internal Revenue Code (IRC

By Tracie Daniels Often the concepts of equity and equality are used interchangeably. Recently, there has been a shift towards distinguishing between the two. Generally, equity is understood through contrasting with equality. We have all understood equality to be the state that we are pursuing as a

By Carl Mayes For the past few years, the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have collaborated with stakeholders to reimagine CPA licensure through the joint CPA Evolution initiative, an effort to transform the CPA licensure model

By Andrew Hunzicker, CPA As most of you know, the legal cannabis and CBD/hemp niches are sweeping the nation, and there are several potential bills being discussed to make cannabis federally legal in 2021. Considering that more than 70% of Americans support medical cannabis, in a country divided by

By Bill Bradshaw, CDP The conversation around diversity, equity and inclusion (DEI) should be at the forefront of all discussions within organizations to align with and create an innovative and sustainable future. Whether age, race, religion, gender identity or sexual orientation, a diverse and

By John Chennoor In unique and challenging times, organizations should employ a forward-thinking strategy to help guide them securely into the future. Recognizing opportunities to increase cash flow is critical to future business success. Utilizing the Credit for Increasing Research Activities