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In these incredibly difficult moments, we cannot be silent. The unjust killing of black people and people of color, like George Floyd and countless others, must stop. To all PICPA members, especially black members, colleagues, and friends, we see you, we hear you, we stand with you, and we are committed to making a difference.
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In these days of crisis and uncertainty, CPAs are taking on roles unfamiliar to them – crisis response coordinator, building manager, unemployment specialist, loan officer, and therapist, to name a few – while also mastering new legislation and adjusting to new tax and A&A guidance and deadlines. You are doing this with poise, resilience, and determination, further elevating public trust in your profession.
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The PICPA has been grappling with how to responsibly address the threat of the coronavirus outbreak. We have prepared resources specifically to help members and staff address coronavirus concerns.
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The AICPA and National Association of State Boards of Accountancy have been discussing a new CPA licensure model for the profession. The model retains most core subject requirements, but also adds a targeted discipline of the test takers choice in a specific area of the profession.
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Changes to the rules and interpretations in the CPA profession’s Code of Conduct frequently originate from the AICPA Professional Ethics Executive Committee (PEEC). PEEC recently released a three-year strategy and work plan, and it is seeking CPAs to provide comments. You can be a part of the ethics discussion.
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There is no denying it: accounting is technology. In its 2019 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits, the AICPA shows how CPA firms are shifting their hiring models to focus more on technology skills.
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The Tax Cuts and Jobs Act had quite an impact on this year's tax work from what I have heard from CPAs. For all PICPA members finishing up tax season, welcome back.
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It’s no secret that the professional needs of PICPA members are changing. The PICPA is looking to the future and working to identify what members will need to ensure their future success, but this process involves every member.
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The PICPA has received inquiries from several firms regarding the interpretation of Pennsylvania’s new CPE requirements, which were effective Jan. 1, 2018. Specifically, firms are asking for clarification on who exactly is required to obtain 24 CPE hours of accounting and auditing.
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When is football not just football? When a once-in-a-lifetime win inspires comparisons between winning business principles and winning championships.
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The PICPA strives to balance current demands with the expectations of our members. This past year, our main areas of strategic focus – talent and pipeline, member engagement, professional development, and being the voice of the profession – have been consistent, but our approaches to achieving progress within them have been altered to respond to quickly evolving needs.
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The IRS has announced that scammers have been reaching out to CPAs impersonating state accounting and professional associations. Please be cautious with emails purporting to be from the PICPA that don't seem quite right.
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Giving Tuesday is a day devoted to promoting efforts to give back to the community through service and donations. This year, when receiving a #GivingTuesday request, consider the Pennsylvania CPA Foundation.
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Long-awaited CPE and work-experience licensing regulations proposed by the Pennsylvania State Board of Accountancy (SBOA) were published in The Pennsylvania Bulletin. Find out what they are and when they go into effect.
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Significant changes are taking place in our profession, including demographic shifts, an ever-changing business environment, technological advancements, as well as demands on people’s time. With this in mind, PICPA leadership evaluated our bylaws and recommended that changes be made to ensure continued relevance and viability.
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Every two years AICPA’s Private Companies Practice Section conducts its CPA Firm Top Issues Survey. The top concern common among almost all firm sizes can be summed up in one word: talent.
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At the PICPA we have nearly 1,400 volunteers who give back to the profession through volunteer service on committees, on task forces, or through leadership positions. Many serve on technical committees that do long-range planning for conferences and the Pennsylvania CPA Journal, while others provide webinar programs, blogs, and podcasts to provide immediate updates.
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PICPA's new Pennsylvania CPA Foundation has been launched to inspire students to pursue careers in accounting and to provide educational, motivational, and financial support to those working to attain the CPA credential.
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Do you have a succession plan in place? If you are a sole proprietor or a local CPA firm, the answer is “no” more often than not. Less than 10 percent of sole proprietors have a practice continuation agreement in place. You can fix that.
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The Republican Party controls both houses of Congress and the White House as a result of the November 2016 election, so it seems the possibility of tax reform has become more likely. Will it happen in the first 100 days of Donald Trump's presidency?
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