News

The Rise and Risks of Tax-Based Fixed Indemnity Plans

Experts say young accountants should navigate this evolving profession by continually reevaluating their path with an open mind.

This guide will help you differentiate between a CPA and an accountant, as well as answer pressing questions about how these designations impact an accountant’s career path.

If you’re majoring in accounting or exploring accounting careers, you’ve probably been told that you need to obtain your CPA license. But what is a CPA?

Staffing firm Atrium recently put out its 2025 Salary Guide, which includes projected pay ranges for seven roles in public accounting.

For the first time in history, there are five generations in the workplace. What kinds of challenges does this present for today's employers?

The right kind of stress can help you and your company thrive.

The AICPA and the National Association of State Boards of Accountancy (NASBA) are seeking input on a proposed competency-based experience model for CPA licensure.

Ways both firm leaders and non-leaders can help candidates on their CPA licensing journey, and how MTCPA can help.

In a joint effort to support the next generation of accountants while maintaining accounting’s rigorous public protection mandate, the AICPA and NASBA have proposed an initiative aimed at helping CPA candidates meet initial licensure requirements.

There’s a growing number of accountants admitting they have ADHD and their struggles with the neurological condition. This Reddit thread asking if there were ADHD accountants has over 140 comments, with people sharing their experiences of living with ADHD in accounting.

In a landmark decision earlier this year, the Supreme Court addressed a crucial issue regarding the valuation of shares in closely held corporations for federal estate tax purposes.

Contemporary succession planning for CPA firms is crucial to ensuring the continuity, stability, transitioning and growth of the firm. Given the evolving nature and current transformation of the public accounting industry, succession planning must adapt to modern challenges and opportunities.

AI is not just the latest technological revolution; it is poised to be the most significant, having a larger impact than either the computer or the internet revolutions. To understand this impact, it helps to use a 200-year-old theory by Adam Smith.

Now is the time for businesses to develop a plan for timely filing and to consider the new procedures that come with this responsibility.

With merger and acquisition (M&A) activity on the rise in 2024, a trend that practitioners are encountering is the preparation or audit of the associated purchase accounting, which is required under Accounting Standards Codification (ASC) 805, Business Combinations.

The arrival of artificial intelligence (AI) is causing a seismic shift in the field of forensic accounting and litigation support. It’s critical for CPAs to understand these changes to stay ahead in this quickly chang­ing field.

Occupational fraud represents a significant risk to every organization, regardless of size or industry.

Financial planners may not fully appreciate the value of a CPA firm’s client relationships if they suggest a simple one-to-one referral partnership.

Today’s business environment is complex and unprecedented. With rapid technological advancements and ongoing people challenges, traditional leadership approaches have proven insufficient. Accounting firms and CFOs face unique challenges and oppor­tunities, necessitating a shift in leadership strategies.