In Brief For the past decade, declining trends in accounting enrollments and CPA candidates have pointed to the need for bold action to rebuild the…
ICYMI | An Update on the Future of Accounting Education
A Pessimistic Outlook Calls for Major Changes
In Brief The future of accounting education has been a topic of concern for the profession's leaders for years in the light of demographic shifts,…
There are many reasons why CPAs decide to leave public accounting firms. Based on my experience, I believe some of these reasons are personal and…
ICYMI | The CPA Examination in Evolution
Answering the Call for Change
In Brief The recent CPA Evolution Project represents the accounting profession's attempt to transform the CPA licensure model to fit the skills and competencies that…
CPAs need to be aware of current tax developments in key states to properly advise clients that are doing business in multiple jurisdictions. As state…
The Critical Role of Practitioners in Inspiring Future Accountants
A Collaborative Project to Attract Students to the Profession
In Brief In recent years, declining enrollment in accounting programs has made attracting more high-achieving students into the major and then into the professional pipeline…
There are many reasons why CPAs decide to leave public accounting firms. Based on my experience, I believe some of these reasons are personal and…
Housing is only one of the many costs of sending a child to college, but it is also an area that presents parents with numerous…
Building a Stronger Pipeline
Stacking Pre-CPA Accounting Licenses on the Way to CPA
In Brief Many initiatives have tried to solve the perennial problem of attracting more students to become CPAs. The author believes more innovative approaches are…
Tax & Accounting Update is provided by Thomson Reuters and based on material published on Checkpoint, its online news and research platform. The Update is…
Forté Capital’s Selected Statistics
Economic & Market Data
Forté Capital's Selected Statistics U.S. Treasury Yield Curve This chart illustrates the impact of Federal Reserve monetary policy, which is aimed at bringing inflation to…
Book Review: Ethical Obligations and Decision Making in Accounting: Text and Cases, Sixth Edition
By Steven M. Mintz, and William F. Miller
The day I finished reading this ethics textbook, I saw a school bus full of kids traveling at least 40 miles per hour on a…
Finding relevance and meaning in work that serves professional and societal goals … having the ability to communicate effectively to make a difference … giving…
From Practitioner to Professor
Why Aren’t More Accountants Getting PhDs?
Have you ever thought about becoming an accounting professor? We suspect that many of the readers of The CPA Journal have—67% of accounting practitioners the…
The more I talk to other CPA firms and analyze my own firm, the more I have come to realize that most of our problems…
The accounting profession is well aware of the need to attract and retain new accounting professionals. The AICPA's 2021 Trends: A Report on Accounting Education,…
The U.S. population is aging, and CPAs should consider this fact in determining which services they can offer and how they will adapt their practices…
Evaluating the CPA Evolution Initiative
If You Build It, Will They Come?
In Brief For the past decade, declining trends in accounting enrollments and CPA candidates have pointed to the need for bold action to rebuild the…
Fixing the Crisis in Accounting
Five Steps to Attracting Tomorrow’s CPAs
The United States is facing an acute shortage of CPAs. In fact, accountants are leaving their jobs in unprecedented numbers (AICPA, 2021 Trends Report, https://bit.ly/3RmyE4T), at…
SSDI and SSI—Government Programs to Help the Disabled
What CPAs Need to Know to Answer Pressing Questions
The U.S. federal government has a wide range of programs to help those in need, including health insurance for seniors (Medicare), discounted phone and Internet…
The CPA Examination in Evolution
Answering the Call for Change
In Brief The recent CPA Evolution Project represents the accounting profession's attempt to transform the CPA licensure model to fit the skills and competencies that…
Teaching Accounting Students an Alphabet Soup of Technology
Preparing the CPA Evolution and the Digital Workplace
As digital transformation becomes ubiquitous, corporations and firms have digitized business processes at record speed, especially during the COVID-19 pandemic. Disruptive technologies, such as robotic…
CPAs need to be aware of current tax developments in key states to properly advise clients that are doing business in multiple jurisdictions. As state…
An Update on the Future of Accounting Education
A Pessimistic Outlook Calls for Major Changes
In Brief The future of accounting education has been a topic of concern for the profession's leaders for years in the light of demographic shifts,…
From the very first certified public accountancy law (passed in 1896 in New York State) to the present day, the accounting profession and the nature…