Pennsylvania CPA Journal

Fall 2020 Edition

Features

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Forecasting Cash Flow Vital to Surviving the Storm

By J. Stephen McNally, CPA, CMA

Offers ideas and insights on how to more effectively forecast and manage your business’s cash.

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Columns

Accounting & Assurance

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A Flood of Risk Assessment Rising in Review Engagements

By James J. Newhard, CPA

Examines the deep effect COVID-19 has had on risk assessment, financial statements, and audit engagements in general.


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State & Local Tax

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Pass-Through Entities and Arising State Tax Issues

By Gregory M. Rineburg, CPA, and Bridget McCann, CPA

Explores recent developments in the area of taxation of pass-through entities.


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Business & Industry

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Pandemic and PPP Loan Efforts Bring New Perspective

By Michael F. De Stefano, CPA

Offers a detailed look into the author's organization’s processes in dealing with the coronavirus pandemic and applying for a loan under the Paycheck Protection Program.


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Practitioners

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Seven Ways to Maximize Return on Investment

By Ira S. Rosenbloom, CPA (inactive)

Reviews a series of ways by which small CPA firms can enhance return on investment for their efforts.

 
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Careers & Lifestyles

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Best Practices for Working Remotely

By Christina M. Olear, CPA

Provides tips for thriving as a CPA in a time of working from home.


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Liability Lessons

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Engagement Letters for Consulting Never More Important

By Jonathan S. Ziss, JD

Takes a look at the ways by which the coronavirus pandemic has made the use of engagement letters even more vital.


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International Tax

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Transfer Pricing Therapy in a COVID-19 Downturn

By Andrew M. Bernard Jr., CPA, Kevin Kiyan, PhD, Andy Morris, and Disha Shah, JD

Discusses the importance of transfer pricing as an alternative for business taxpayers who have been disrupted by COVID-19’s effect on the global economy.


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Government & Not-for-Profit

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Demystifying Unemployment Trusts for Nonprofits

By Michael F. Cade, CPA

Discusses the feasibility of unemployment trusts as an option for nonprofits seeking to deal with unemployment claims.


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Personal Financial Planning

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Managing a Financial Planning Practice in Times of Crisis

By Alan M. Schapire, CPA, PFS, CFP

Considers what it takes to successfully handle clients’ financial planning needs in times of great turmoil.


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Technology & Cybersecurity

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How COVID-19 Pandemic Amplifies Cybersecurity Concerns

By Gary Salman

Spotlights ways to identify and mitigate the risk of new cyberattacks in the wake of the coronavirus pandemic.


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Emerging CPAs

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Upskilling Is the Path Forward for Emerging CPAs

By Jessica Hildebrand, CPA

Explores the importance of upskilling as it relates to a growing CPA’s success.


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Education

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Lessons from the Transition to Online Education

By Valerie Trott Williams, CPA, and Robert J. Kollar, CPA

Shares the lessons the authors learned when accounting education was forced to go online in the aftermath of the coronavirus outbreak.


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Legislative News

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Pa. General Assembly Adjusts and Moves Forward

By Peter N. Calcara, CAE

Covers a number of pressing matters affecting Pennsylvania governance, including budgeting in a time of COVID-19 and PICPA-backed PPP loan forgiveness legislation.


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