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VSCPA News

Master the data domain

April 25, 2022

By Thomas E. Schmitt, CPA/CITP, CGMA, CISA Ready to put a Master Data Management plan into action? Check out the second part of this article, "Mastering the Data Domain: How You Can Get Started." Have you ever been working on a project, performing research or executing analyses, only to find later

Member Spotlight: Bradshaw, Cochran Reflect on VBOA Tenure

April 21, 2022
They joined the Virginia Board of Accountancy together, and they’re cycling off together. And while Barclay Bradshaw, CPA, and Bob Cochran, CPA, made most of their changes around the margins, they say that’s a testament to their predecessors.

VSCPA advocates for businesses and practitioners on Schedules K-2, K-3

March 4, 2022

On Feb. 24, 2022, the VSCPA joined the American Institute of CPAs and 51 other state CPA societies to urge federal regulators to address widespread concerns on Schedules K-2 and K-3 reporting. A letter (PDF) to Assistant Treasury Secretary Lily Batchelder and IRS Commissioner Charles Rettig states:

Virginia Department of Taxation responds to SALT CAP workaround

February 14, 2022

NEWEST UPDATE! Feb. 14, 2022 — We're happy to report that we successfully helped get HB 1121 and SB 692 amended to include out-of-state credits for partnership returns filed in other states using the SALT cap workaround effective for tax years beginning on and after Jan. 1, 2021. The bills also

RFP: Firm needed to perform financial audit & tax services for the VSCPA

August 23, 2021

The Virginia Society of CPAs (VSCPA) is seeking interested independent public accounting firms with a physical office in Virginia to perform the financial audits and tax services for the VSCPA, including the VSCPA CPA/PAC and the VSCPA Educational Foundation. Issuance of other reports and letters is

Member Spotlight: Aubrey Layne, Virginia's CFO

August 18, 2021

Editor’s Note: Aubrey Layne, CPA, served as Virginia Sec. of Finance until July 1, 2021. This profile was written when he was actively in the position. Aubrey Layne’s career has spanned from public accounting to private industry to one of the most important roles in the Virginia government. The CPA

Building a culture of trust

June 29, 2021

By Chip Knighton Martha Mavredes, CPA, is a planner. When the COVID-19 pandemic sent her staff at the Virginia Auditor of Public Accounts (APA) home in March 2020, the team didn’t miss a beat — in no small part because of work she had done years prior. Mavredes, who was appointed Virginia’s auditor

2021 Ruth Coles Harris Award winner: Tyrone Dickerson, CPA

June 10, 2021

Tyrone Dickerson, CPA, references the décor at the National Association of State Boards of Accountancy (NASBA) offices when discussing diversity in the accounting profession. Now NASBA has made progress on improving the profession’s diversity, led by Dickerson and inspired in part by those pictures