Today's CPA Letter Daily
Implementing RPA is easier than you think
May 17, 2019
Robotic process automation (RPA) has advanced quickly in just a few years. In a short amount of time, both the number of RPA providers and the range of capabilities have greatly increased. So much so, it can be difficult to keep up with all the changes. This leads to the...
Rising to the challenge of a digital era: Reflections from AICPA chair
May 14, 2019
When I stepped into the role of Chair of the American Institute of CPAs (AICPA) in February 2018, we were — and continue to be — facing an unprecedented pace of change that’s transforming our profession. And I put forward a challenge: Be early to be on time. Take bold...
5 steps to get started with audit data analytics
May 13, 2019
If your firm hasn’t started using audit data analytics yet, it’s time to get on board. Audit data analytics (ADAs) are a technique that can help you leverage current technologies and move toward a more data-driven approach to planning or performing an audit. How? ADAs help you discover and analyze...
Shake off this tax season’s pain points with these perfect pairings
May 8, 2019
Chocolate makes a bitter coffee taste sweeter. A dry wine brings out the flavors of a well-cooked steak. Good pairings make everything better. The same can be said for the work you do. Pairing solutions with the challenges you face can improve the final result. And this certainly applies to...
A former FBI agent’s view on the recent Medicare fraud
May 7, 2019
Last month news broke about a wide-spread fraud that caused Medicare to lose roughly $1.2 billion. While this case is noteworthy for the huge price tag attached to it and the brazen nature in which seniors were targeted, similar scams are going on across the country that don’t get the...
A solid password today keeps the hackers away
May 2, 2019
With identify theft becoming one of the world’s fastest growing crimes, days like World Password Day are crucial to raising awareness of online threats. I sat down with Jay Overcash, Director of IT Security Strategy, to talk about how people can protect themselves from hackers. Why is a day like...
Keeping pace in a tax environment that never slows
May 1, 2019
Tax practitioners are on the frontline of change, and because of that, we’re constantly evolving our businesses. It’s a big ask, and we’re doing a great job keeping up. However, the changes continue to come, and not everything is matching our pace. The AICPA’s Statements on Standards for Tax Services...
The audit risk model: your first step in risk assessment
Apr 29, 2019
This blog post is the third in a series on risk assessment, a significant audit quality issue. View the first blog post here and the second here. The audit risk model is the foundation of any audit. This might seem like CPA 101, but are you correctly applying it to...
How small eco-friendly changes can mean big money in your home
Apr 26, 2019
Do you use plastic wrap to keep leftovers fresh? When you spill coffee on the floor, are paper towels your go-to clean up tool? If you’re like me, you haven’t spent much time thinking about how disposable household products are adding to an Earth-health crisis. Americans produce an unsightly amount...
Master these 3 skills for your next video conference call
Apr 25, 2019
For lunch meetings, there are nearby restaurants. For quick talking points over coffee, there’s your office Keurig or the coffee shop next-door. For everything else – every other type of meeting – there’s now video conferencing. The increase in work-from-home culture and the need for a more personal alternative to...
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.More on AICPA TV