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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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With speculation being rampant over what policies a Republican-dominated Washington will bring, there is one issue close to the profession that has a good chance to move forward next year: tax reform.
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PICPA’s proposed changes to the Pennsylvania CPA Statute cleared its final hurdle and was unanimously approved by the state House.
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When PICPA Council met on Sept. 20, 2016, to discuss the work done by our five strategic task forces and to make plans for the future, the room was filled with new ideas and opportunities for the PICPA. So much, in fact, that we identified three new volunteer opportunities.
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Businesses nationwide are reviewing the new overtime-pay rule. In Pennsylvania, CPA firms and their clients are expressing concern. The rule may be well-intentioned, but it is likely to have unintended consequences. Many employers believe the rule will force them to cap workers’ hours, slow the hiring of full-time employees, and shift salaried workers to hourly schedules.
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PICPA’s April 20 Council meeting provided opportunities to discuss the topics that will have a direct impact on your profession. Want to see our short list?
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