Accounting firms in Pennsylvania are under a lot of pressure, and leaders are concerned about the future of their firms and the profession as a whole. This is why Insights, PICPA’s research function, commissioned a study of Pennsylvania accounting firms to gain a better understanding of how the profession is addressing its challenges.

Clear May 16-18 on your calendar, and plan to come to Pittsburgh for PICPA's 126th Annual Meeting. Catch up with your peers, meet leaders in the profession, and hear from experts on the state of the accounting profession.

With remote work becoming the norm, CPAs should know the nuances of working remotely and the importance of their designated principal place of business (PPB). CPAs must use their best judgement to make the PPB determination, but, in some cases, the PPB selection may not prevent the need for a second license.

In a rapidly changing world, it is vital that students are well-versed in science, technology, engineering, and mathematics (STEM). CPAs are fighting hard to have accounting education included under the STEM umbrella. Why? First, accounting already is a profession that requires high aptitude in technology, and it will become even more so. More importantly, though, inclusion as a STEM discipline will go far in enhancing the pipeline of prospective accountants.

The state of the economy is top-of-mind for businesses and individuals, so it is paramount that CPAs remain focused on the many different measures and forecasts so they can best serve their clients, companies, or organizations. To that end, the PICPA is providing updates during this turbulent summer so you are prepared to offer sound advice.