CPA firms can protect themselves from falling victim to a wire fraud scheme by taking these actions before, during, and after payment processing.
Firm practice management
JofA highlights: Tackling accounting’s talent shortage, ChatGPT tips
The JofA’s editor-in-chief highlights the news, features, and advice that CPAs will find useful in recently published and upcoming issues of the magazine. Listen to the podcast episode or read the transcript.
Increasing appetite for M&A, AI driving growth, survey finds
Leaders at private and newly public companies are optimistic about growth opportunities, although many view the pivotal role that artificial intelligence plays to be a double-edged sword.
A profitable path powered by AI: Benefits of becoming a ‘data master’
Research reveals how a comprehensive plan related to the relationship between data and artificial intelligence can pay dividends.
Outsourcing and professional liability
CPA firms that outsource services need to understand what professional liability risks exist and what actions they can take to help mitigate those risks.
Rewriting accounting’s employment narrative
Firms and finance departments implement changes to improve the employee experience and create more career accountants.
How academia is tackling the accounting talent shortage
Tactics include second-chance test taking, expanded curricula, extra help for at-risk students, and more. Early results are encouraging.
Scaling with offshoring
Nick Sinclair, founder, TOA Global, discusses why forward-thinking firms are adopting a blended talent model, integrating onshore, offshore, and on-demand teams.
Single-owner firms: The thrill of flying solo
CPAs piloting their own accounting practices share their challenges, successes, and lessons learned.
Small firms find success with advisory services
Young and midcareer CPAs are embracing fresh approaches and modern technology to build flourishing CAS practices.
IRS funding and a potential rise in malpractice claims
The Service’s beefed-up audit capabilities provided under the Inflation Reduction Act focus on large entities and high-income taxpayers, but others may also face more audit risk, also exposing CPA tax preparers to malpractice claims.
Pipeline plan of action: Read the Accounting Talent Strategy Report
One year after its formation, the National Pipeline Advisory Group published its recommendations for improving the talent pipeline.
Improving enterprise risk management: 5 steps to success
The results of an annual survey found that organizations have made minimal gains in risk oversight over the past five years despite an increasingly threatening risk landscape.
Taxed at work? 4 keys to staying healthy, happy, and productive
Practitioners who once contemplated changing professions share strategies that changed their lives for the better — at the office and away from it.
Risk management creates more soft landings
In part 2 of a two-part series exploring the basics of negligence and professional liability litigation, learn why CPAs should interpret risk management advice through the lens of how negligence is litigated.
5 ways to support LGBTQ+ employees
Organizations are encouraged to foster an inclusive work environment and create a culture of safety and belonging.
Private equity has big plans for small firms
Investment groups are showing record interest in the field of public accounting, leading many in the profession to look at their options while also looking inward at their business model.
Finding qualified staff tops ranking of CPA firm top issues
Accounting firms named finding qualified staff as their top issue, according to biennial survey results released by the AICPA’s firm practice management section.
Pipeline Pledge: How small commitments can make a big difference
The National Pipeline Advisory Group has big ideas for growing talent, and a small request related to its efforts could prove invaluable for the profession.
Falling hurts; so does litigation
In the first part of a two-part series exploring the basics of negligence and professional liability litigation, find out why CPAs should interpret risk management advice through the lens of how negligence is litigated.
Features
SPONSORED REPORT
Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.