News & Updates

As entry-level tasks are automated, the focus of training will shift to judgment, simulation, and continuous upskilling.

Much of the route to successfully passing the CPA Exam is a mental game. How will you stay on track and stay motivated? Here are some ideas.

In practice, many tax returns are reactive. The real opportunity lies in proactive financial planning — especially when deployed early in the calendar year.

Everyone is talking about how AI will transform accounting — automating reconciliations, preparing accounts faster, and reducing the technical workload across firms. But if AI removes the technical work, how do we develop the next generation of accountants?

A simple shift in thinking can help you implement more effective strategies – and prevent you from sabotaging your good intentions.

Good news for CPAs practicing across North American borders. An agreement will extend cross-border practice mobility for CPAs through the end of 2028.

As filing deadlines approach, cybercriminals look to exploit that same surge of sensitive financial information. And with AI making scams more convincing and harder to detect, clients need to be aware of evolving threats, from AI-generated phishing emails to refund diversion schemes that can put their personal and financial security at risk.

Internal audit leaders in an annual survey reported staff and budget cuts in 2025 that rivaled levels observed during the 2008–2009 financial crisis, but they also shared a potential key to organizational support of the audit function.

Some job seekers are turning to “reverse recruiting” and paying to outsource the search itself. In traditional recruiting, companies pay recruiters to find candidates for open positions. In reverse recruiting, job seekers pay recruiters to help them land a job.

This three-step approach can move your accounting team’s AI curiosity to action with real results.

This McKinsey & Co. report shows that after dealmaking slowed momentarily in early 2025, global M&A activity quickly assumed a grand scale—delivering big gains for the year—with momentum continuing.

Busy season is often treated as a productivity proving ground. In accounting, it marks a series of peak stress cycles—tax season, compressed deadlines, and sustained cognitive load. The assumption is familiar: we just need to push through these few rough months, and we’ll be okay afterward. But the reality is different. Burnout will occur (and recur) if people aren’t allowed to recover properly, and just “pushing through” doesn’t have to be the only option.

This McKinsey & Co. report highlights sharper focus on performance at a time of tech innovation, economic disruption, and changing workforce structures.

For all the disruption facing the accounting profession—technology shifts, talent shortages, regulatory complexity, etc.—one thing hasn’t changed: trust remains our most valuable asset.

The Virginia General Assembly adjourned this year on March 14, 2026, notably without passing a state budget. Here are the areas the VSCPA worked on and watched closely this year.

For firms, the central tension is practical and familiar – clients need more help – but sales tax is a service line where accuracy, defensibility and risk management matter as much as efficiency.

Artificial intelligence (AI) has quickly become one of the most talked-about developments in the world of accountants and bookkeepers, but the reality of adoption and benefit is only now beginning to take shape.

The VSCPA submitted comments to the Virginia Board of Accountancy (VBOA) on its proposed regulatory changes related to firm requirements and principal place of business.

New USPS postmark updates could affect the timeliness of tax return filings.

It’s important for all of us to take care of our mental health at work. Even if your employer doesn’t provide PTO especially for mental health, you can help yourself do a reset.