Discover a six-step process to implement artificial intelligence and explore examples with specific tools.
Firm practice management
Are CPA firms ready for the next wave of data security threats?
An author of the JofA’s Professional Liability Spotlight column explains the importance of engagement letters for CPA firms and previews the January column’s focus on client bankruptcy. Listen to the episode or read the Q&A with Sarah Ference, CPA.
4 reasons why CAS offers a compelling career path
Why educators should help students explore the growing opportunities in client advisory services.
Common audit claims and defenses
In the professional liability world, audit claims are relatively infrequent but exceptionally expensive.
A firm grasp on growth: 6 strategies common among high-growth firms
A global survey identifies actions taken by high-growth tax and accounting firms of all sizes that aren’t being taken by stagnant firms.
A new frontier: CPAs as AI system evaluators
Artificial intelligence has a trust problem. CPAs have the credibility and skill sets to address the issue.
Blocking and tackling: Engagement letters for tax compliance services
Failure to have a proper engagement letter can lead to tax claims being asserted against firms. Learn how to help lower your risks.
Building a firm where CPAs want to work
Firms that distinguish themselves as employers of choice offer employees a healthy workplace culture, which helps recruit and retain talent.
QM is here: Advice from early adopters
Firms will need to learn from mistakes, fine-tune systems, and adapt to new ways of thinking about quality.
CPA firm funding — no one right answer
From tech investments to partner buyouts and private equity, CPA firms are evaluating capital needs in a changing environment. Explore the latest trends in CPA firm funding.
Navigating outside investors: Safeguarding ethics and independence in evolving practice structures
The AICPA’s Professional Ethics Executive Committee (PEEC) is updating guidance for firms navigating private-equity investments and alternative practice structures. Find out more in this JofA article.
Are you prepared for the cost of a data security incident?
Accounting records are a tantalizing target for hackers. Learn about the risks, response strategies, and best practices to help safeguard your business.
Building a better firm: How to pick the proper technology
Automation and other technologies are essential for business model modernization. Experts offer tips on choosing the right tech.
Professional liability risks related to Form 1065, CPA firm acquisitions
An author of the JofA’s Professional Liability Spotlight column explains the risks associated with Form 1065 and those related to CPA firm acquisitions. She also shares why a strong employee onboarding process can have risk-management advantages. Listen to the podcast episode or read the Q&A.
Managing teams, managing time: The importance of setting expectations
Leaders explain how making sure new employees understand what to expect in terms of work schedule is a crucial step for building successful teams with staying power.
Private equity and peer review: Proposed change targets consistency
The AICPA’s Peer Review Board is seeking public comment through Oct. 25 on a proposal that would involve the AICPA’s National Peer Review Committee in administration of peer reviews of firms backed by private equity investments and other alternative practice structures.
5 essential tactics of future-ready firms
As the accounting profession continues to evolve at an ever-increasing rate, firm leaders need clarity around what to do to be future-ready. Discover five essential strategies to get ahead in this JofA article.
MAP Survey finds CPA firm starting pay on the rise
Starting salaries increase 17% over two-year period for master’s graduates, 11% for those with a bachelor’s degree.
What faculty should know about private equity in accounting
It is imperative to understand the impact of PE’s push to invest in CPA firms – and what to tell students.
Few companies strategically using risk management
Even though most leaders look at risk when evaluating new strategic initiatives and don’t view a lack of value as a barrier to implementation of risk management measures, few put it all together and turn enterprise risk management into a competitive advantage.
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FROM THIS MONTH'S ISSUE
Want to thrive in an AI world? Power up your people skills
Learn how CPAs can strengthen their human relationships by developing their communication, curiosity, and self-awareness. Artificial intelligence can’t replicate these people skills.
