CPA Now Blog Archive

Women comprise 60% of accounting positions, yet only 24% of partners are women. To make meaningful changes, firms need to seriously tackle how they can recruit and retain female talent beyond the mid-level.

For the CPAs, the rise of the gig economy offers opportunity. Practitioners can expand their work with this group from helping with taxes to becoming strategic advisers. Also, CPAs can help clients stay ahead of the curve when it comes to gig worker regulations and compliance.

The business world has rapidly adopted virtual meetings – whether it was ready or not – due to the coronavirus pandemic. Still, many people struggle to translate the in-person experience to an online format. These 10 strategies will help you perform in the virtual world like a pro.

Cryptocurrencies and cryptoassets have been discussed in tax circles for several years now, but they remain open items for practitioners who offering comprehensive tax services in the space. Find out some of the most pressing issues that CPAs should be aware of as the extended July 15 tax deadline approaches.

With Q&A 3200.18: Borrower Accounting for a Forgivable Loan Received Under the Small Business Administration Paycheck Protection Program, the AICPA provides important accounting guidance for entities that expect to meet the Paycheck Protection Program (PPP) eligibility criteria and have the loan forgiven.

Business processes and organization are as important to a digital transformation as the technology being implemented. You do not want to automate a bad process. When considering automation, first consider if that process is a good candidate.

The PICPA recently partnered with Avenue M to conduct a survey to determine how COVID-19 is impacting accounting firms and other companies nationwide and at the state level. Find out what Pennsylvania's 1,050 respondents had to say.

Data visualization is the representation of information in the form of charts, diagrams, and pictures that provide insight and convey results. Graphically representing data normalizes its interpretation and allows end users to more easily arrive at conclusions.

The interview process has become more complex in the age of social distancing. You may find your organization must now go through this remotely out of necessity. Unfortunately this takes the “candidate experience” out of the equation.

Pennsylvania is steadily moving from the red through the yellow to the green levels of its COVID-19 social distancing scale, and this blog shares some of the guidelines one firm is adopting as staff begin to return to the office.

The COVID-19 pandemic raised unprecedented state and local tax issues. States and localities have been working hard to grapple with the new tax landscape. Pennsylvania and Philadelphia, in particular, have implemented a number of responses.

In these incredibly difficult moments, we cannot be silent. The unjust killing of black people and people of color, like George Floyd and countless others, must stop. To all PICPA members, especially black members, colleagues, and friends, we see you, we hear you, we stand with you, and we are committed to making a difference.

As a result of the COVID-19 pandemic, our personal and professional lives have been turned upside down. Our normal routines have been greatly disrupted. Our ability to maintain our core habits and stay focused on key priorities has never been greater.

When working remotely, the same principles of office life apply but everything is augmented. So, what works when you’re in the office is even more important during remote management, and any leadership gaps that already exist will be amplified.

We’ve all seen Congressional hearings on TV, but not many have ever been in the proverbial lion’s den. Here is a personal account of what it was like to testify in front of a Congressional subcommittee on the U.S. Supreme Court’s Wayfair decision.

Tax considerations resulting from COVID-19 for multinationals, in some respects, mirror those of domestic taxpayers, while other effects are more distinct. Get details on how COVID-19 tax relief impacts multinational taxpayers, including special tax considerations.

There is essentially no guidance from the Financial Accounting Standards Board that exactly fits the terms and conditions of federal Paycheck Protection Program loans. To address this gap, the AICPA’s Center for Plain English Accounting published “Accounting in the Fog of War – Treatment of PPP Loans.”

The coronavirus pandemic has the business community facing the most challenging economic environment in decades. A different kind of future is coming, and companies need to be ready. Leadership teams must invest the time and energy now to create a corporate plan that guides recovery and emergence from the crisis.

Many small businesses are looking hard at their expense budgets to see what they can cut in the wake of the economic crisis caused by the corona pandemic. Should you pause when you come to your professional liability insurance, keep moving. Now is not the time to consider reducing expenses on the back of your insurance protections.

Executives are increasingly turning to their finance teams for answers about the future of their organizations. Traditional accounting tools are not equipped to answer these questions. Fortunately, modern finance tools have been designed to eliminate these issues and support the modern CFO in the role of business strategist.