In a time of dynamic change for the accounting profession, the AICPA Private Companies Practice Section has developed a road map for CPA practice modernization.
July 2025 - Journal of Accountancy
FIRM PRACTICE MANAGEMENT
How to develop your firm’s transformation strategy
The first step in building a better CPA practice is to determine a plan that makes it possible to work less while making more money.
FIRM PRACTICE MANAGEMENT
Tips for providing the CAS services clients want
Client advisory services could help your firm attract and retain clients. Here’s how to ensure you have the right focus, people, and technology.
BUSINESS VALUATION
Business valuation for multi-tiered entities
A high-level overview helps CPAs navigate the maze of complex ownership structures found in MTEs.
ADVERTISING SUPPLEMENT
Modernizing your tax workflow
Jorge Olavarrieta. vice president and general manager, ProTax Group, Intuit, discusses how technology can help high-volume tax firms with their biggest operational challenges.
CPA EXAM
Encouraging signs from the new CPA Exam
While it’s early, all indications are that the CPA Evolution-aligned version of the CPA Exam, which debuted in January 2024, is performing in line with expectations.
BUSINESS PLANNING
AICPA & CIMA Business Resilience Toolkit — levers for action
The toolkit from the AICPA & CIMA includes ways to build supply chain resilience, actions on product innovation and customer diversification, and more.
COLUMNS
PROFESSIONAL LIABILITY SPOTLIGHT
TAX MATTERS
FROM THIS MONTH'S ISSUE
AI risks CPAs should know
Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.
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Trust distributions in kind and the Sec. 643(e)(3) election
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Effects of the OBBBA on higher education
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