Today's CPA Letter Daily
AICPA Insights
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5 skills finance professionals need right now
Jul 7, 2020
Even before the current crisis, digital transformation and new ways of working were significantly influencing the skills and capabilities finance teams need. The coronavirus pandemic has accelerated that need as people and businesses now seek digital experiences and solutions more than ever. Recently at the Interactive Solution and Key Initiative...
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A Shark’s advice for building resilience
Jul 1, 2020
Daymond John can shut you down with a simple “no” or change your world with a definitive “yes.” He’s a Shark on the Emmy award-winning television series Shark Tank and a keynote speaker at ENGAGE 2020, the premier event for accounting and finance professionals, July 20–24. John is also CEO...
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July 15 Filing Date — Not to Move
Jun 23, 2020
What's called a difficult decision is a difficult decision because either way you go, there are penalties. -Elia Kazan To advocate effectively on our members’ behalf and deliver the right resources, the AICPA periodically conducts member surveys to gather opinions on various subjects. As we navigate through this ongoing filing...
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5 tips for working from home with kids
Jun 22, 2020
Remember “Take Your Child to Work Day”? For many of us, that’s become every day. The COVID-19 pandemic has shut down offices, leaving professionals to carve out workspaces in their homes while keeping children occupied or helping them with schoolwork at the kitchen table. We’ve compiled the following advice to...
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5 must-have tax tools before July 15
Jun 18, 2020
Have you seen the memes or cartoons on social media that joke about how days and months are non-distinct during quarantine? While sheltering in place, we’ve had a vague notion of time. But for a few months now, we’ve had a new date on our radars: July 15th. As the...
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Turn challenges of sheltering in place into opportunities
Jun 15, 2020
This pandemic has rocked our world and the digital accelerator was pushed to the floorboard. We’re not going back to business as usual before COVID-19, and this presents opportunities for women to propel our profession forward with expanded influence and leadership. Relationship building During this time, we’ve been invited into...
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3 estate planning conversations to have now
Jun 11, 2020
The coronavirus pandemic has encouraged people with existing estate plans to consider reviewing and modifying them, and people without plans to develop them. Regardless of your client’s situation, there are worthwhile conversations about estate planning to be had. As a CPA, you have a strong relationship with your clients and...
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Considerations before reopening your office
Jun 8, 2020
Reopening your office isn’t as simple as unlocking the office door. Consider several factors before jumping to any reopening decision, starting with a couple of questions: Are our employees still productive with the office closed? Are our clients’ needs being met? If the answer to both is “yes,” then what’s...
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AICPA Economic Outlook Survey documents deep impact of pandemic
Jun 5, 2020
The AICPA released its quarterly Business & Industry Economic Outlook Survey yesterday and the results, unsurprisingly, weren’t pretty. With commercial activity hobbled by pandemic-related restrictions, the CFOs, controllers, CEOs, and senior-level CPAs and CGMAs we poll reported that their companies in aggregate have slashed profit outlooks and pulled back hiring...
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July 15 filing date — To move or not to move
Jun 4, 2020
“… there is nothing either good or bad, but thinking makes it so.” — William Shakespeare I work for a membership organization, and representing our members’ best interests is what we do best. Lately, members have been telling us how they feel about the upcoming federal July 15 tax filing...
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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