-
Aug 25, 2017
Today, clients face an uphill battle of trying to pay for college even as college costs outpace inflation. To create the best strategies, advisers need to understand the financial aid process, college savings plans, educational tax strategies, student loans, and various loan repayment options.
Full story
-
Aug 23, 2017
Managing your finances and credit rating is always a smart plan, and 0 percent introductory interest credit cards and deferred interest offers can be effective aids in this plan. However, you must be careful of the potential dangers when using these credit tools.
Full story
-
Aug 21, 2017
It has always intrigued me that many CPAs in public accounting do not support work-from-home policies. Why would that be? I have found that what often concerns CPAs is probably not something they need to worry about, and that there are two things CPAs should address regarding working from home that are ignored by most.
Full story
-
Aug 18, 2017
Most credit-reporting agencies use a third party to determine the credit score of an individual’s credit report. The most widely known comes from the Fair Isaac Corporation (FICO), but it is worth noting that not every credit score offered online is a FICO score.
Full story
-
Aug 16, 2017
Is income-tax-free retirement possible for you? It very well may be, and you should closely review your finances to find out.
Full story
-
Aug 14, 2017
Regardless of what specific position a CPA holds in an organization, there is a technological tidal wave crashing through the marketplace. This is an opportunity for CPAs to assume a larger leadership role.
Full story
-
Aug 11, 2017
At the PICPA Women’s Leadership Conference in May 2017, Tamera Loerzel addressed how to attract and retain young talent. Find out what the five areas that stood out most for young professionals.
Full story
-
Aug 4, 2017
How we deal with and manage change is a key success factor in organizational performance. Nimble organizations and leaders that can pivot and adapt to change will have a positive impact and position themselves for success.
Full story
-
Aug 2, 2017
Many CPA firms do well. Others may be deemed very successful. And then there are those standout firms that are considered irreplaceable.
Full story
-
Jul 31, 2017
Many “emerging technologies” have already emerged, and the accounting profession may be poised to benefit from many of these changes.
Full story
-
Jul 28, 2017
With the rise of business-to-business financial technology companies, or fintechs, the opportunities for CPA firms to offer new services have never been better. Fintech solutions are cloud-based, generally much easier to implement, and much less expensive than what firms have been able to offer clients in the past.
Full story
-
Jul 27, 2017
The phrase “segregation of duties” is used by CPAs every day, but what does that mean to the small-business owner? Simply put, segregation of duties means no single person has too much control of a transaction involving important business assets. It is a basic anti-fraud measure.
Full story
-
Jul 26, 2017
Whether or not we want to admit it, all individuals are at risk from potential disasters, be they cyber attacks, economic downturn, or natural disasters, to name a few. The likelihood of enduring all, or even any, of these is slight, but are you prepared if you are among the unfortunate ones?
Full story
-
Jul 24, 2017
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.
Full story
-
Jul 19, 2017
The Chartered Global Management Accountant (CGMA) designation continues to gain momentum, with more than 50,000 holders of the designation in the United States. Seth Fick, CPA, CGMA, a PICPA member and director of financial reporting at Independence Blue Cross, discusses what the CGMA designation represents and how it benefits him.
Full story
-
Jul 17, 2017
The PICPA Board met on June 25, 2017, and at that meeting PICPA’s audited financial statements were presented. The combined statements include the accounts of the PICPA, the PICPA Foundation for Education & Research, the Pennsylvania CPA Foundation, and the Scholarship Fund of the PICPA.
Full story
-
Jul 14, 2017
As defined contribution plans emerged as the retirement plan of choice for all but a few companies, the rules and responsibilities have exponentially increased. Midsize companies and small businesses rely heavily on their CFOs to take on those important tasks, which adds to the complexity of the CFO’s responsibilities.
Full story
-
Jul 12, 2017
If Republicans think enacting health care reform was complicated, wait until they realize all the unintended consequences of changing one word in the over 4 million-word tax code we have patched together over the past 104 years. Tax reform used to be considered a slam dunk; now, is it even doable in 2017?
Full story
-
Jul 10, 2017
CPAs from state accountancy boards, state societies, colleges and universities, and firms from all over the country came together to talk CPA Exam numbers at the National Association of State Boards of Accountancy 2017 Data Summit held at PICPA headquarters in Philadelphia.
Full story
-
Jul 7, 2017
The 120th PICPA Annual Convention is in the books. Members reviewed accomplishments, participated in discussions on where the profession is headed, and supported the annual change of leadership, all while experiencing that special Disney magic.
Full story