Dec 14, 2021, 08:22 AM by Nicholas Ring, CPA

Reviews the importance of ensuring ethical behavior by CPAs working in governmental accounting.

Dec 1, 2021, 13:01 PM by Edward A. Kollar, CPA, EA, CSEP

Pennsylvania has a vast wealth of natural resources: minerals, coal, stone, forests, and, of course, natural gas and petroleum. This abundance can result in an economic benefit for property owners as well as for those who develop, mine, and harvest such resources.

Dec 1, 2021, 13:01 PM by John S. Stoner, CPA, CVA

Entrepreneurs work hard to make their businesses succeed, and they often have a large percentage of their personal wealth embedded in those businesses. When they begin to contemplate retirement, it is important to maximize the net proceeds from the sale of their business to provide sufficient resources to support their retirement.

Nov 30, 2021, 15:37 PM by Michael F. De Stefano, CPA

Have you ever produced financial statements that you reported out at a monthly management meeting only to be met by blank stares on the faces of those without a financial background? It can be unsettling, but it can be overcome. To break through those blank stares, you have to tell the financial story of your organization in a meaningful way to those with diverse backgrounds and varying levels of financial knowledge.

Oct 13, 2021, 10:29 AM by James J. Caruso, CPA, CGMA

I was living a professional life best described as 10 miles wide and a millimeter deep. I was “busy” all the time, but was I really accomplishing anything? What could I possibly create in the scattered half-hours between meetings, with only enough time to check the emails that I hadn’t already distracted myself with during those same meetings? That’s when I stumbled upon Deep Work: Rules for Focused Success in a Distracted World by Cal Newport. I was drawn to the book’s title: “Deep Work.”

Sep 7, 2021, 10:18 AM by Herbert R. Fineburg, LLM

Recently enacted changes under the Pennsylvania Uniform Limited Liability Company Act will have a dramatic impact on the governance of limited liability companies in Pennsylvania. The act took effect on April 1, 2017, and because LLCs are the most frequently used legal entity, it is essential that CPAs understand the new rules.

Aug 31, 2021, 10:39 AM by Michael D. Colgan, CAE

It is said that all good things must come to an end. This thought was foremost in my mind as I prepared my final column for the Pennsylvania CPA Journal. Forty-two years after I began my PICPA journey, including the last 10 years as your CEO and executive director, I look back with great satisfaction and gratitude that this opportunity was provided to me.

Aug 31, 2021, 10:32 AM by Peter N. Calcara, CAE

With less political drama than typically accompanies the budget process, the Pennsylvania General Assembly approved on June 25 a $40.8 billion spending plan for the 2021-2022 fiscal year (FY) that began July 1.

Aug 31, 2021, 08:35 AM by Wilhelm Dingler, JD

Explores the benefits of mediation as a method of dispute resolution, particularly as a means of resolving disputes for CPAs.

Aug 31, 2021, 08:27 AM by Michael F. De Stefano, CPA

With the pandemic and its consequent economic turmoil, new challenges and questions arose for companies, including the power and limits of business insurance coverage.

Aug 31, 2021, 06:44 AM by Christina M. Olear, CPA, Frank M. Sorokach, and Ashley L. Stampone, CPA

With more than nine months of availability of multiple COVID-19 vaccinations, many U.S. businesses have committed to reopening their offices in fall 2021. Firms have been preparing for a safe return to in-person work, but the pandemic undoubtedly changed the operational landscape. In addition to employee safety, firms must also manage the intricacies and implications of hybrid and remote work.

Jun 4, 2021, 10:53 AM by Mary Jeanne Welsh, CPA, PhD

What do Uber, Equifax, and Target have in common? All were subjects of data breaches that compromised corporate records with resulting damage to the companies and account holders. The problems caused by a data breach are often compounded when the breach is not disclosed in a timely fashion.

Jun 4, 2021, 10:51 AM by James J. Caruso, CPA, CGMA, and Lauren M. Lear, CPA

Even as online information and digital applications proliferate, the paperless office remains a fairy tale. Paper-based tools and physical things are alive and well – they may even be making a comeback, as chronicled by David Sax in The Revenge of Analog: Real Things and Why They Matter. Choosing tools for individual workflow and productivity is deeply personal, but could it be generational? The two of us (Lauren, a millennial, and Jim, a Gen Xer) discuss how we work and debate the merits and implications of the digital and analog alternatives.

May 27, 2021, 08:15 AM by Franki A. Aitken, CPA

I am the biggest fan, cheerleader, and promoter of the accounting profession, which is why I am so delighted to represent PICPA’s 20,000 members. I am extremely honored and proud to serve as PICPA president for the 2021-2022 year. Though my presidency will kick off remotely, I hope to meet many of you face-to-face at some point during the year.

May 27, 2021, 08:04 AM by John S. Stoner, CPA, CVA

Reviews the most pressing questions owners of a business should ask when they set out on a valuation for possible succession.

May 26, 2021, 09:20 AM by Irene M. Walton

Explores the top operational concerns for CPA firms as it pertains to performing work in a remote environment.

May 26, 2021, 09:01 AM by Robert Bloom, PhD, and Mark J. Myring, PhD

Addresses the increasing importance of social responsibility in the minds of corporate leaders.

May 26, 2021, 08:35 AM by Steven G. Blum, CPA, CFE

Explores the intricacies of the whistleblower investigation process, including best practices for guiding the company response and conducting remediation based on findings.

Mar 16, 2021, 09:27 AM by Jonathan S. Ziss, JD

On Dec. 28, 2017, a federal court in Alabama ruled in favor of the Federal Deposit Insurance Corporation in a case against PwC arising from a bank failure after a massive fraud was discovered between a bank and one of its customers. This was the second case against PwC related to the failure of Colonial Bank.

Mar 1, 2021, 10:44 AM by Peter N. Calcara, CAE

Previews the possible goings-on in Harrisburg as the 205th Pennsylvania General Assembly wades through tax proposals, handles budgetary concerns, and more.