3 ways data can evolve your business

If you’re not on the data science wagon yet, you should probably consider jumping on in the near future. With 2020 right around the corner, data will continue to remain at the forefront of decision-making – and we’re bound to witness ever more ways it can evolve the marketplace.   Still convincing yourself that data can […]

Get your brain in shape!

The busy season is on the horizon, and many practitioners are preparing their firms to meet the demands. But are you getting yourself mentally ready for the fast-paced days ahead? In honor of National Train Your Brain Day on Oct. 13, let’s look at some mental tune-up steps to take before the season begins. Challenge […]

Embrace an attitude of gratitude for well-being in your career

 “Gratitude is not only the greatest of the virtues, but the parent of all of the others.” — Cicero If someone bumps into you and knocks your full cup of coffee onto your shirt, who’s to blame for the mess? You are. Why? Because you had coffee in your cup. This story from Thich Nhat Hanh shows that while […]

3 perks of working for yourself

In today’s ever-evolving job market, there are plenty of new opportunities to work for yourself. Whether it’s freelancing, entrepreneurship or gigs — the list goes on. Actually, seven in 10 the young adult job-seekers the AICPA recently surveyed claim that being their own boss is more valuable than the job security of working for someone […]

How a kid’s allowance can teach money management skills

Teaching children about money management is a big job for parents, and there are many ways to go about it. Money talk often starts by paying an allowance. According to new research from the American Institute of CPAs (AICPA), two-thirds of parents (66%) give their child an allowance at an average of $30 a week. […]

Advice from a peer reviewer: Documentation missteps to avoid

In my 25 years as a peer reviewer, I’ve reviewed thousands of audits from a variety of firms. You may be surprised by how often I see errors related to a fundamental audit step: documentation. Audit documentation is important to get right because it provides evidence to support your audit opinion. It’s also crucial for […]

Tax tops the list of best jobs. But wait — there’s more

A day before my meeting with Brooke Salvini, CPA/PFS, she receives a serendipitous note from one of her clients: … Thank you so much for your genuine way of being. You create such an atmosphere of peace, acceptance, and sincere interest in your work and in individuals. It’s just so clear you care. You’re appreciated […]

How to make the best job in America* even better

A day before my meeting with Brooke Salvini, CPA/PFS, she receives a serendipitous note from one of her clients: … Thank you so much for your genuine way of being. You create such an atmosphere of peace, acceptance, and sincere interest in your work and in individuals. It’s just so clear you care. You’re appreciated […]

AICPA finds public accounting hiring model shifts

The AICPA recently released the 2019 Trends in the Supply of Accounting Graduates and Demand for Public Accounting Recruits report. The report shows that the accounting profession requires new skill sets because of the rapid advancement of emerging technology, especially in data science and analytics. This is changing who we do business with and how […]

New business challenges call for CPAs to take on new roles

Many factors have contributed to vast changes in the corporate reporting landscape in recent years. These include accounting standards changes such as revenue recognition, leases, and credit losses. However, it’s widely recognized that financial statements and financial information alone may not tell the whole story when evaluating businesses. What do these changes mean and how […]