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.
After we celebrate our nation's independence we should all check on our professional independence.
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?
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.
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:
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
The ‘retirement ideal’ has been changing for years. Older people are increasingly unretiring, changing the shape of this life stage.
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.
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.’
Some high-risk groups of people, such as frontline workers, those with health conditions, and children may face mental health challenges during the COVID-19 pandemic.
May 11th the State Tax Committee met with DOR staff to discuss the tax season and plans for the future.
It is critical to plan early so you can sell your firm when you are ready. Researching options early in the process can help you manage your transition, instead of getting stuck.
Firms need to define the succession plan that best suits their needs and then live that plan well.
A long time legislative priority of the Society passed the Montana Legislature in 2021. Due to issues with federal funding, it will not be implemented until 2024.
Within all accounting career opportunities, graduates have numerous options: public accounting, corporate accounting, nonprofit, education, government, consulting or self-employment. The specializations available include audit, financial forensics, information technology, business valuation, personal financial planning, tax and managerial. This article focuses on the two most common options: public practice and corporate accounting. Both have unique employment attributes that must be considered when choosing an accounting career path.
Even when staff take time off from work, many aren't truly "off." It can be difficult to shut out work when Wi-Fi and cell reception can turn any place into an office. Even when they're on paid time off, staff may feel pressure to stay available to clients and co-workers.
The pandemic has exacerbated struggles with anxiety and depression that require colleagues and management to respond with empathy and care.
Depression in the workplace is a problem that employers may have to address. Research shows that in a given year, about 17.3 million American adults, or around 7.1% of the adult population, will experience an episode of depression.
Music Business Accountants help musicians and music industry companies with their tax returns and other financial statements. They review royalty statements, help with applications for financing, analyze contracts, and review business plans, among other duties.
It’s fair to say life has gotten a little crazy. With the uncertainty of the financial markets and the constant barrage of news on coronavirus, we all feel a little overwhelmed. When life and work become overwhelming, it’s easy to go on autopilot.