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Overcoming Obstacles on the Road to Becoming a CPA

InordertobetterunderstandingobstaclesofbecomingaCPA,weinterviewed EwaUlanowska,CPA andshesharedherperspectiveonherCPAjourney. First,she attendedabusinessprogramofferedattheLublinUniversityofTechnology...

What CPAs have learned during COVID-19？

CPAs,likeeveryoneelse,havefacedpersonalandprofessionalchallengesinthisunprecedentedyearastheytrytoweatherwhathasbecomealongandgruelingstorm.WespokewithfiveCPAsacrossthecountryandaskedthemtodescribet...

How CPAs help clients reinvent struggling businesses during COVID-19?

AstheCOVID-19pandemichaschangedthebusinessenvironment,clientshaveturnedtotheirCPAsforhelpkeepingtheirbusinessesafloat.CPAswhoofferclientadvisoryserviceshavebeenwellpositionedtohelpstrugglingclientssta...

How COVID-19 Is Accelerating Change in CPA Firms

Beforethecoronavirus(COVID-19)pandemic,changewasevolvinginaccountingfirms.CPAfirmswerealreadyseeingamovementawayfromtime-basedbilling,anincreaseinremotework,lesscompliance-focusedaccounting,andmoreadv...

Client Screening, Acceptance, and Termination Considerations in Tax Engagements

ClientAcceptanceProceduresWhileachecklististheidealmethodforclientscreening,somefirmsmayusesomethinglessformal.Whatevertheprocess,firmsshoulddeterminetheprospectiveclient’sindustry(oroccupation,ifani...

Combating Implicit Bias in Accounting Education and Training

Implicitbias,definedas“attitudesorstereotypesthataffectunderstanding,actions,ordecisionsinanunconsciousmanner,”isapervasivesocialphenomenon.Itisrelevantinaccountingeducationbecauseofaccounting’sste...

Information Security Management in a COVID-19 World

DespitetheoperationalchallengesresultingfromCOVID-19,informationsecurity’sprimeobjectiveremainsenablinganorganizationtoachieveitsgoalswithinitsriskappetite.Today,organizationsofalltypesarereconfigur...

Opportunities and Challenges of Real-Time Financial Reporting

Inrecentyears,therehasbeenanongoingefforttointroducenewfinancialreportingtechnologiestomodernizefinancialreportingbystateandlocalgovernments.TwosuchstatesattheforefrontofthiseffortareCaliforniaandFlor...

Cybersecurity Resources for a Remote Workforce

ItisnosecretthatCPAshavefacedanincreasinglevelofcyber-securitythreats,evenundernormalconditions.AuditAnalyticsreportsinitsJune2020“TrendsinCybersecurityBreachDisclosures”thatcyberbreachesincreased4...

Tax & Accounting Update

IRStakingstepstoincreaseoperations.OntheIRSwebsite,theIRSCommissionerhasexplainedthattheIRSanticipatesbringingmorepeoplebackintoitscampusesandofficestodoworkthatcannotbeperformedremotely.Thefirstphase...

Current Tax Issues in the Cloud

Propersalestaxcompliancecanbedauntingforanybusiness,butthecomplexitiesincreasewhendealingwiththesoftwareandtechnologyindustriesinparticular.Bynow,everyoneisfamiliarwiththe“cloud,”andmostcompaniesand...

The year before the UK exits the European Union

UKfinancialservicesTheFSindustryisvitaltotheUKeconomy.IntheyeartoMarch2017:•UKFScontributedanestimated£72.1bntotheExchequer–11％ofUKtaxreceipts•Providesover3％ofjobs(for1.1millionpeopleacrossthecount...

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