Today's CPA Letter Daily
AICPA Insights
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The productivity method more effective than time management
Nov 13, 2019
What have you done to manage your time and make it stretch as much as possible? Many of us spend extra time at the office, take work home and scramble to keep up with our never-ending to-do lists. But how do you know when you’ve gone from stressed out to...
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Why did you become an accountant?
Nov 10, 2019
Today is International Accounting Day, a day started to honor Luca Pacioli — the Father of Accounting and Bookkeeping. On this day, we honor the hard work of accounting and finance professionals around the world. To celebrate, we asked CPAs why they chose the accounting profession. Here’s what they said....
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Helping your tax clients manage risk
Nov 8, 2019
After another successful busy season, it’s time to take a broader look at your clients’ needs. While tax is one important component of your clients’ financial picture, they need help in other important areas. They may not be aware that managing risk affects their financial picture. There’s a significant relationship...
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Creating the next generation of CPA leaders
Nov 4, 2019
There is little doubt that the accounting profession is undergoing major change. New technologies, like blockchain, data analytics and artificial intelligence, are altering how services are provided and redefining the types of services clients need. To meet these new demands of capital markets, CPA firms must make sure their employees...
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Four crucial tips to protect your organization’s data
Nov 1, 2019
The cost of cybercrime is increasing at an alarming rate. By 2021, the estimated damages from cybercrimes will be around $6 trillion, according to Cybersecurity Ventures. What can your firm or organization do to ward off evil cyberthieves? Joel White, CPA, CGMA, and Senior Director of Internal Audit, Risk &...
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Is the spookiest item on your calendar a networking party?
Oct 31, 2019
You hear unfamiliar voices in the distance as you walk down a strange corridor to an uncertain fate. Are you entering a haunted house? No, it’s just a networking event! Halloween is today, but for many people, there are spookier things than ghosts and goblins. If your pulse races when...
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ICYMI: Five things you need to know about cybersecurity
Oct 25, 2019
It's startling that a cyberattack happens every 39 seconds (source: University of Maryland) and one out of every three businesses will experience a cybersecurity breach within the next two years. The average cost of that breach in the U.S.? $8.19M! As protectors of valuable financial and personal data, CPA firms...
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The 5 flames that motivate your people
Oct 24, 2019
What motivates your people? And how can you key into their motivators to drive strong performance? Abraham Maslow, a psychologist who developed a pyramid-shaped hierarchy of needs, was a pioneer in the study of motivation. His pyramid begins with basic needs, such as food and shelter, followed by social needs,...
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5 tips for implementing the leases accounting standard
Oct 22, 2019
Does your company or client lease assets such as real estate, airplanes or manufacturing equipment? If so, then you may want to keep reading... In 2016, the Financial Accounting Standards Board (FASB) issued a new financial accounting and reporting standard that requires companies that lease assets (lessees) under operating lease...
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What I learned from my clients' tax returns
Oct 21, 2019
If you’re a CPA who has considered a move to financial planning, there are a few strong reasons why you as a tax practitioner are already best positioned to offer Personal Financial Planning (PFP) services. A little over a year ago, I achieved a lifelong dream when I opened my...
Anthony Pugliese and Lawson Carmichael, chairs of the AICPA’s Future of Learning Task Force, explore the state of education for CPAs, argue the case for change and encourage key leaders to provide input on this topic critical to the future of the profession.
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