3 steps NFPs can take to prepare for continued uncertainty

A year has passed since COVID-19 began its worldwide disruption, but the full effects have not yet been realized. The anniversary prompts us to pause and consider where we’ve been and where we’re going. A recent Not-for-Profit Section webcast offered key takeaways to help not-for-profits (NFPs) manage current disruption and prepare for changes yet to […]

New Years resolution fails: Cut yourself some slack and get on track

You made a New Year’s resolution: I will find that job that takes my career to the next level. Perhaps you want to earn that data analytics certificate since you keep hearing about the demand for data analytics skills and how data analytics is changing the profession. Or was your resolution to get through 2021 […]

Women strengthen the accounting profession

International Women’s Day — March 8, 2021 — is a time to celebrate the achievements of women and acknowledge the valuable insights of women in the accounting profession. This year, we asked AICPA and CIMA members to share their perspective on the pandemic. How has the pandemic affected your work/life and how have you managed […]

Are you ready for these ESG trends?

Investors, customers and key stakeholders continue to seek reliable and transparent information on a variety of environmental, social and governance (ESG) metrics. The accounting profession  has a key role to play. Accountants within organizations play an important role in integrating critical business information; implementing and maintaining relevant processes and controls; making and [...]

Three cybercrime trends to prepare for in 2021

Cyber breaches have become more common threats for businesses. The COVID-19 pandemic accelerated the digitalization of many companies and a shift to remote working. That increased first-quarter cybercrime 273%  in 2020 compared to 2019. The new and innovative ways hackers found to steal company data cost U.S. businesses an average of $8.64 million per breach. […]

This Valentine’s Day, talk money

They say money can’t buy love, but it can buy heartbreak. Love and finances are exceedingly complex subjects, so it makes sense that it only gets more complicated when you combine them. With Valentine’s Day just around the corner, the AICPA® Financial Literacy Commission encourages Americans to give their loved ones the gift of an […]

It’s Data Privacy Day. Where has your ID been?

Your personal identification (ID) is just that, personal. Unfortunately, in today’s world, your ID could get compromised with everyday activities such as ordering food online or signing up for a new music service. To observe Data Privacy Day, the AICPA® Financial Literacy Commission encourages you to take a few steps to find out where your […]

Unwavering in disruption: Reflections on an extraordinary year

In this interview, Barry Melancon, CPA, CGMA, President and CEO of the American Institute of CPAs (AICPA) and CEO of the Association of International Certified Professional Accountants (the Association), reflects on an extraordinary year and the steps we must take to prepare for 2021. You have described 2020 as a “historic” year for the profession. […]

To avoid tax surprises, update your W-4

Paying taxes is probably low on the list of things that give Americans a warm-and-fuzzy feeling. But getting hit with a surprise tax bill when filing? That makes 34% of Americans feel concerned, 33% frustrated, 32% disappointed and 28% angry, according to a recent AICPA survey conducted by the Harris Poll. Assuring the correct amount […]

How COVID-19 will affect states’ revenues, taxes and you

The COVID-19 pandemic has had a tremendous impact on the country’s physical health and the economy, including a major impact on states and their revenue.  According to a Center on Budget and Policy Priorities (CBPP) recent report, states, localities, tribal nations and U.S. territories face revenue shortfalls of about $480 billion and $620 billion through […]