Over the last several years, private equity (PE)-backed companies have become increasingly active within the accounting field. Many CPA firm partners and leaders have received…
IN BRIEF The shortage of individuals entering the CPA pipeline has reached a crisis stage. While professional institutions like the AICPA have been working on…
Reconciling Ambition with Reality
Addressing the Profession’s Diversity and Talent Pipeline Crisis
IN BRIEF For several years now, declining enrollments in universities and high turnover at firms have posed a serious threat to the accounting profession's viability.…
An individual may elect to defer some of their wages into a retirement plan through their employer's plan [e.g., 401(k) plan]. That deferral could be…
The Bipartisan Budget Act Audit Regime
Traps for the Unwary
The Bipartisan Budget Act of 2015 (BBA) created a “centralized system for audit, adjustment and collection of tax that [generally] applies to all partnerships,” with…
SALT Round-Up—Current Developments in Key Jurisdictions
Looking at California, DC, and Pennsylvania
CPAs need to be aware of current developments in key states to properly advise companies doing business in multiple jurisdictions. As state and local tax…
Remembering a Forgotten Leader and New York’s First African American CPA
The Legacy of General Wilmer F. Lucas
IN BRIEF When Brigadier General Wilmer F. Lucas retired from the United States Army Reserve, he did so as a war hero who had led…
Glass Ceiling Shattered?
Audit Partner Gender Diversity Within Accounting Firms
There was a strong push from companies to be more inclusive of underrepresented communities in the hiring process and provide greater opportunities for career advancement.…
In November 2025, New York State became one of the 20-plus states thus far to enact legislation that provides an alternative to the 150-hour education…
Broadening the Pipeline in a Changing Environment
How the Courts Have Reshaped Our Understanding of Equity and Inclusion
Note from Column Editor Anton Lewis: This is a pivotal moment for the accounting profession as it grapples with a diminishing pipeline of graduates and persistent…
Per its website, “MITRE ATT&CK (ATT&CK) is a globally accessible knowledge base of adversary tactics and techniques based on real-world observations” (https://tinyurl.com/bddydxrz). The parent organization…
Inclusion and Access in the CPA Pipeline
Adapting to a Shifting Educational and Legal Environment
The CPA Evolution Exam model, which became effective at the beginning of 2024, requires each candidate to pass three core exams and one specialized discipline…
Note from Column Editor Tracey J. Niemotko: This month's column was written by John Magliocco, one of my students at Marist University, describing his personal journey…
The governance bells are tolling for corporate, non-corporate, not for profit, governmental, and other organizations. Investor and stakeholder demands, regulatory actions, and growing litigation risks…
Due to Elliot Hendler's extraordinary commitment to the NYCPA and his decades of service on The CPA Journal's Editorial Advisory Board—including active participation up until his…
Black individuals remain significantly underrepresented in accounting despite making up 12.7% of the US population. (Note that this article uses the term Black to refer…
Over the last several years, private equity (PE)-backed companies have become increasingly active within the accounting field. Many CPA firm partners and leaders have received…
An individual may elect to defer some of their wages into a retirement plan through their employer's plan [e.g., 401(k) plan]. That deferral could be…
IN BRIEF The shortage of individuals entering the CPA pipeline has reached a crisis stage. While professional institutions like the AICPA have been working on…
On November 21, 2025, Governor Kathy Hochul signed into law the additional 120+2 licensure pathway into law (Assembly Bill A7613B; see E. Slack-Jorgensen, “Hochul Signs…
Using Buy/Sell Agreements
Knowing When They Solve or Create Problems
IN BRIEF As versatile as a Swiss Army Knife, buy/sell agreements can be used to solve a wide variety of tax and financial problems associated…
SALT Round-Up—Current Developments in Key Jurisdictions
Looking at California, DC, and Pennsylvania
CPAs need to be aware of current developments in key states to properly advise companies doing business in multiple jurisdictions. As state and local tax…
Reconciling Ambition with Reality
Addressing the Profession’s Diversity and Talent Pipeline Crisis
IN BRIEF For several years now, declining enrollments in universities and high turnover at firms have posed a serious threat to the accounting profession's viability.…
History often records firsts, but legacy tells us which of those firsts mattered.Wilmer F. Lucas holds a singular place in the history of the accounting profession…
Blurring the Lines
Multidisciplinary Practice Challenges for CPA Firms
IN BRIEF As CPA firms increasingly seek to provide integrated legal and advisory services, they face a complex web of ethical, legal, and regulatory constraints…
The Bipartisan Budget Act Audit Regime
Traps for the Unwary
The Bipartisan Budget Act of 2015 (BBA) created a “centralized system for audit, adjustment and collection of tax that [generally] applies to all partnerships,” with…
Remembering a Forgotten Leader and New York’s First African American CPA
The Legacy of General Wilmer F. Lucas
IN BRIEF When Brigadier General Wilmer F. Lucas retired from the United States Army Reserve, he did so as a war hero who had led…