CPA firm practice management news and resources

TOPICS

November 1, 2022

Working with third-party experts

When a CPA firm engages a third party to help a client with an issue that requires special expertise, the firm may still be held liable for deficiencies in the third-party expert’s work. Professional standards outline steps a firm can take to mitigate this risk.

October 27, 2022

Q&A: The 2 most prevalent cyberthreats for CPA firms

The co-author of the JofA’s Professional Liability Spotlight column discusses common strategies used by cybercriminals and how they can be mitigated.

October 20, 2022

7 tips for communicating with staff during M&As

Experts say retaining talent is a major concern during consolidations.

October 20, 2022

IRS annual inflation adjustments, negotiating a job offer, and a quiz

This quick-hitting episode covers recent news of interest, including IRS and Social Security Administration annual announcements, why the AICPA is requesting guidance from the IRS and Treasury, and advice for negotiating after you’ve received a job offer.

October 7, 2022

A pioneering CPA reflects on a 50-year journey

To celebrate National Hispanic Heritage Month, a CPA leader in Southern California who tirelessly built his firm and a Hispanic professional organization from the ground up reflects on his journey in this podcast episode with transcript.

October 4, 2022

Guiding principles for today’s boards of directors

Boards of directors are facing unprecedented questions, but a report from the National Association of Corporate Directors offers a framework for finding answers.

October 1, 2022

Fraud risk applies to all CPA firm services

Regardless of the services they provide, CPAs can face professional liability claims asserting that they failed to detect a theft or fraud at a client organization.

October 1, 2022

How firms are seizing the ESG opportunity

Sustainability teams are breaking new ground in accounting firms — but staffing and training remain a challenge.

October 1, 2022

How to go easier on staff during busy season

Many firms across the country have begun to abolish
requirements for high-hour workweeks during busy
season. Here’s how they are doing it.

September 22, 2022

What small firms need to know about succession and M&A

CPA firm partners looking to retire in the next few years need to make sure they have a succession plan in place as soon as possible. An expert on M&A trends and firm succession explains key considerations.

September 13, 2022

CAQ increases diversity efforts with new initiative

The CAQ announced a strategic education initiative intended to expose students to careers in accounting, attract greater diversity and representation within the profession, and address barriers to entry from underrepresented and underserved groups.

September 2, 2022

4 ways to ‘break the bias’ and support women in your organization

Asking questions is a first step towards addressing the problem of gender inequity, says Tracey Walker of RSM US, who will share her experiences at this year’s AICPA & CIMA Women’s Global Leadership Summit.

September 1, 2022

What everyone can do to strengthen the next generation of CPAs

Firms, faculty, and CPAs all play crucial roles in promoting the profession to young people. Here are ways you can bolster the pipeline.

September 1, 2022

Cybersecurity risk: Constant vigilance required

These tips can help diminish the likelihood and
impact of a cyberattack.

August 25, 2022

The payoffs of RPA for one accounting firm

How can organizations and firms evaluate whether robotic process automation (RPA) is right for a project? First, they must know what RPA is and isn’t, and the pain points they are trying to address. An expert shares knowledge on the topic in this podcast episode with transcript.

August 23, 2022

Diversity among CEOs, CFOs continues to rise

Executive recruiting firm Crist Kolder’s annual report shows record levels of female and racially or ethnically diverse leadership at large companies.

August 1, 2022

2022 tax software survey

CPAs assess how their return preparation products performed.

August 1, 2022

Malpractice claims in 2021 and future predictions

A look at claims against CPA firms in 2021 reveals some changes from prior years and points to future trends in this area.

July 28, 2022

Why growing knowledge is more important than proving knowledge

A firm managing director explains how he would approach the start of his career if he could begin again, what’s next for remote and hybrid work, and how organizations can ramp up risk management.

July 21, 2022

Breaking down the top issues facing CPA firms

Two CPA leaders analyze the critical issues identified by firms in a recent survey, including IRS service, succession planning, retention, and more.

FROM THIS MONTH'S ISSUE

Drafting an AI policy that actually works

As AI use accelerates, many firms are discovering their policies haven’t kept pace. This article breaks down what CPAs and finance leaders should consider when drafting an AI policy that’s practical, flexible, and fit for real world use.