• PICPA Is Your Career Support System During Unprecedented Times

    Apr 21, 2020
    We hope you enjoyed PICPA’s Guide to CPA Careers in a Changing Business Landscape. Not only has it provided useful career guidance, but we hope that it also has served as a diversion from the incredible stresses of the ongoing coronavirus pandemic. As I wrote this, I wondered if talking about the coronavirus would be ill-fitting for a magazine about career development. The more I thought about it, I realized that it fit perfectly. As you go through your career, you are sure to face numerous challenges, be they a health crisis, a financial collapse, or a national accounting scandal. As you tackle these crises, the PICPA will be here to help you navigate them.
  • Strengthen Your Communication Skills for Ongoing Success

    Apr 21, 2020
    Before the outbreak of the coronavirus made such gatherings impossible to conduct, students at my son’s school were asked at an assembly to raise their hands to indicate if they would rather talk for two hours or listen for two hours. The group was fairly evenly divided, and it struck me that the foundation of great communication existed in that room. Speaking and listening sound like simple tasks that anyone can do. However, mastering the art of communication is far from easy.
  • In an M&A Deal, Buyers Often Have a Succession Plan Too

    Apr 21, 2020
    There is one part of the M&A equation that is important to note: succession is not unique to one side of the table. Buyers, too, have succession issues that impact their approach to M&A. Here are four general succession concerns that often guide buyer-side decisions.
  • Ethics Reminders for New CPAs

    Apr 21, 2020
    What are ethics? Dictionaries say ethics are a system of beliefs that control behavior, particularly a system based on morals. The AICPA has a code of professional conduct, and it states that members are obligated to act in a way that will serve the public interest, honor the public trust, and demonstrate a commitment to professionalism. As CPAs, this is our system of beliefs.
  • New Managers: Cultivate These Core Leadership Skills

    Apr 21, 2020
    You finally earned a promotion to manager. But after the congratulations from colleagues and new business cards, it’s up to you to maximize this new role and grow into an impactful leader and respected colleague.
  • A Public Accounting Return after Industry

    Apr 21, 2020
    I left public accounting several years ago for a position in industry. That’s not unusual. What may be unique, however, is moving back to the public side.
  • Preparing for a Successful Transition from Public Accounting

    Apr 21, 2020
    Public accounting can be a rewarding, albeit challenging, road. It is natural that some will eventually weigh the difficult decision to leave for some other professional path. If you are considering leaving public accounting, there is a way to approach this transition that can yield benefits far beyond the job skills gained along the way.
  • Navigating a Life in Public Accounting

    Apr 21, 2020
    A life in public accounting offers so many professional paths to follow and so many brilliant resources to tap into. However, when you are in the thick of it, expectations can be difficult to juggle and public accounting becomes difficult to navigate.
  • Millennials, Diversity, and the Accounting Profession

    Apr 21, 2020
    Today’s business environment is characterized by globalization, technological advances, and a workforce that is aging while simultaneously becoming increasingly diverse among its new entrants. The accounting profession is subject to these same forces. With a looming talent shortage as the baby boomer generation continues to retire in large numbers, attracting and retaining professionals capable of operating in a complex business environment should be a top priority for all CPAs in leadership positions, whether in public accounting or in industry.
  • Embrace the Evolving Role of the Tax Professional

    Apr 21, 2020
    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. All these elements are changing the roles of tax professionals, whether they are seasoned or in the beginning phases of their careers.
  • The CPA Evolution Project: Preparing the Profession for the Future

    Apr 21, 2020
    The CPA Evolution Project, formed as a working group by the AICPA and the National Association of State Boards of Accountancy (NASBA) in 2018, aims to transform the CPA licensure model. Driven largely by advancements in technology and data analytics, the group is exploring changes in licensure requirements that will better ensure future CPAs possess the skills and competencies required in accounting practice and business. The CPA Evolution Project’s approach to licensure not only strives to embrace marketplace changes but also to maintain the profession’s mandate to protect the public interest.
  • Week Ending April 17, 2020

    Apr 17, 2020
    In this issue: Pa. Local Government Emergency Bill Includes EITC Extension; PICPA Advocacy Moves Beyond Day on the Hill; Pennsylvania COVID-19 Update: Tax Filing Relief; and more.
  • Week Ending April 10, 2020

    Apr 10, 2020
    In this issue: Pennsylvania IFO Projects Revenue Impact of COVID-19; Committee Approves PICPA-Supported Philadelphia Tax Measure; Local Government Relief Measure Approved by Pa. Senate; and more.
  • Week Ending April 3, 2020

    Apr 03, 2020
    In this issue: PICPA, Pa. DOR Working Together in Face of COVID-19; Proposals to Address Federal and Pennsylvania Relief Legislation; Pa. Lawmakers Angry Over Veto of Petrochemical Tax Bill; and more.
  • Week Ending March 27, 2020

    Mar 27, 2020
    In this issue: Legislation Extends Pennsylvania Tax Due Dates; PICPA to Host Discussion with Pa. Revenue Secretary Hassell; Financial Assistance Announced for Pa. Small Businesses; and more.
  • Week Ending March 20, 2020

    Mar 20, 2020
    In this issue: Gov. Wolf Orders Closure of Non-Life-Sustaining Business; Pennsylvania Funding Approval to Help Small Businesses; Pa. General Assembly Convenes Under Unique Circumstances; and more.
  • Week Ending March 13, 2020

    Mar 13, 2020
    In this issue: Gov. Wolf Highlights Pennsylvanians' Access to Care During Outbreak; Auto-IRA Proposal Introduced in Pa. House; PICPA Member Rep. Ryan Named to PSERS Committee; and more.
  • Week Ending March 6, 2020

    Mar 05, 2020
    In this issue: Pennsylvania Bill Proposes to Close the Delaware Loophole; PICPA Volunteers Requested for Student Loan Working Group; PICPA Urges Support for Fiscal State of the Nation Resolution; and more.
  • The Evolution of the CPA Credential and Licensing

    Mar 02, 2020
    Technology continues to have a profound impact on all aspects of everyday life, from home to business. The CPA profession is not exempt. Over the past 18 months, the AICPA and the National Association of State Boards of Accountancy have been discussing a new CPA licensure model designed to future-proof the profession. The model is a combination of core subject requirements with a targeted discipline in a specific area of the profession.
  • The True Cost of Income-Driven Student Loan Repayment Plans

    Mar 02, 2020
    About 42 million borrowers owe $1.4 trillion in federal student loans under the William D. Ford Direct Loan program. Many of these borrowers have opted to participate in income-driven repayment plans because they provide the lowest initial monthly payment and forgive any balance due at the end of the repayment period. However, the short-term benefits of IDR plans can produce long-term burdens.
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