Fall 2020 Edition

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.

Read

Accounting & Assurance

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.

Read

State & Local Tax

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.

Read

Business & Industry

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.

Read

Practitioners

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.

 
Read

Careers & Lifestyles

Best Practices for Working Remotely

By Christina M. Olear, CPA

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

Read

Liability Lessons

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.

Read

International Tax

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.

Read

Government & Not-for-Profit

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.

Read

Personal Financial Planning

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.

Read

Technology & Cybersecurity

 

 

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.

Read

Emerging CPAs

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.

Read

Education

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.

Read

Legislative News

 

 

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.

Read