News
Art of Accounting: Selling a practice and still running it
September 06, 2022
Usually when a practice is sold, the seller sticks around long enough to introduce the buyer to the clients and assures the client they will be available if any problems develop or to field calls when necessary.
AICPA Information Systems Services Update
August 29, 2022
Here are 3 new Q&As on the "Information System Services" interpretation. In addition to the related podcast miniseries, division staff have published these questions and answers to help clarify the revised interpretation.
Conceptual framework toolkit updates
August 29, 2022
Conceptual framework toolkit updates. AICPA has updated the conceptual framework toolkits to align with international role and mindset requirements.
How CPAs solve ethical dilemmas
August 29, 2022
Want to know how to approach an ethical issue as it applies to your CPA credential? The AICPA recently published an article with information on how to think about issues and where to find guidance.
How to Ask Prospective Employers About Mental Health Benefits
August 29, 2022
Mental health is top of mind for everyone. That’s why you shouldn’t shy away from asking potential employers what mental health benefits they have in place for staff.
The Advantages of Keeping Your CPA License Active
August 18, 2022
If I leave public accounting and let my CPA license lapse, will that compromise my pursuit of future opportunities in accounting?
Can Financial Planning Services Double a CPA’s Income?
August 02, 2022
Not only is it possible for CPAs to double their income by offering financial planning services, more CPAs than ever are implementing this client service to do exactly that.
Licensure and Red Tape Reduction
August 02, 2022
How is the state applying their Red Tape Reduction efforts to licensure? MTCPA met with leaders to find out!
Leadership Pro Tip: Help Employees With ADHD Succeed
August 01, 2022
Diagnosed cases of attention-deficit/hyperactivity disorder rose during the pandemic, and may have an effect on your remote employees’ productivity. Taking an active interest in their success, while offering flexibility, can help.
Coping With Mental Health Disorders at Work
July 14, 2022
Work-related stress is at an all-time high, and adults with diagnosed mental health disorders may be having a particularly hard time managing their symptoms and maintaining a well-run firm. Although articles on handling stress and burnout abound, it's crucial to make sure wellness initiatives also include those who battle mental health issues and provide a safe space for them.
Avoiding the ‘Retired’ Partner Problem
July 06, 2022
Here’s how to get CPA firm partners destined to hold on until the bitter end to loosen their grip and successfully hand off their firms to the next generation.
Independence Day
July 05, 2022
After we celebrate our nation's independence we should all check on our professional independence.
The Real Problem of Licensing
June 22, 2022
In a recent 1889 Institute blog, one of my colleagues discussed one suggested cure for occupational licensing: universal recognition. Its shortcomings became obvious with a bit of thought: it only helps some consumers (those close enough to the state border to be worth traveling to) and it only helps them a little bit – allowing out of state practitioners to practice in the state doesn’t boost the supply of practitioners to anything like the same degree eliminating the licensing requirements would. Sure, universal recognition makes a certain kind of sense, if you don’t think too hard about the immorality of requiring government permission to sell your labor. After all, why would a hair stylist trained in Oklahoma be lower quality than a hair stylist trained in Kansas?
Firms are using the new .cpa domain to supercharge their online presence. Here’s how.
June 14, 2022
Put a good idea in the hands of CPAs, and they’ll find innovative ways to make it even better. That’s exactly what’s happening right now with the new .cpa web domain.
2022 Top Errors from IRS
June 11, 2022
The IRS shares the errors detected during the 2022 tax filing season.
5 Tips and Tools for Passing the CPA Exam
June 07, 2022
A lot of asset blood, liability sweat and equity tears are shed during every professional’s CPA Exam journey. No journey is the same, but every person is trying to reach the same destination: Pass all four sections of the Exam and become a certified public accountant. There are many methods to the madness, so here are five tips to keep you progressing forward:
Podcast - EDs on the go — Compliance audits and other revisions
June 03, 2022
Hear about the exposure drafts directly from Nancy Miller, a PEEC member who chairs the task force responsible for the proposed code revisions related to compliance audits. Nancy and Melissa Powell, a manager in the ethics division, talk about the changes, why PEEC believes they’re necessary, and what they’d like to hear from you. Never miss an episode. You can follow Ethically Speaking at Apple Podcasts, Google Podcasts, Spotify, or wherever you stream content. Just search for “Ethically Speaking” and look for our jolly citrus logo
Is this the end of retirement as we know it?
June 02, 2022
The ‘retirement ideal’ has been changing for years. Older people are increasingly unretiring, changing the shape of this life stage.
AICPA 2022 Spring Council
May 19, 2022
An update from your delegation's trip to Austin TX to hear from AICPA on the future of the profession and to provide feedback on plans to address the issues we are facing.
Come Home Montana + Housing
May 19, 2022
Gov. Greg Gianforte’s signature pledge to bring home Montana’s kids and grandkids, now backed by a $700,000 marketing campaign, has run headlong into angst over Montana’s ‘crazy real estate market.’