August 2021

AICPA News is a round-up of recent announcements from the association.

In an accounting world obsessed with advisory services, it’s strange that we tend to overlook the foundational aspect of relationships: communication.

For a long time, apps themselves were the new technology. Now apps are evolving, and we’re looking at examples of new types of technology we are seeing in your apps. Some of the members of our CPA Practice Advisor community shared their favorite new ...

Before the world changed in March of 2020, one of our goals was to become the most trusted professional advisor for our clients. At the even more basic level, we sought to make an impact in our client’s lives with the hope of helping in ways beyond ...

Like every other business sector, the accounting profession is rapidly changing. While some of these changes are a response to recent events, ever-changing technology is at the core of many of these accounting trends.

Most would agree that the majority of 2020 and the first half of 2021 has been one of the most difficult periods our country has ever endured. It is only natural to wonder what to expect for the remainder of 2021 and beyond.

Do your clients want help setting up their new business as a “digital nomad”? Digital nomads are people who use tech to work remotely from anywhere they hang their hats, whether it be a beach, a foreign country, or a recreational vehicle....

Why do people do what they do? This question has kept me curious about people ever since I first figured, years and years ago, that twins behave so differently. That puzzled me to no end. My keen interest in human behavior sciences was born from ...

Before any of the other components can be examined, the control environment must first be established. The control environment examines the behavior of top management and their ability to implement the necessary controls, looking at everything from ...

The Tax & Accounting Technology Innovation Awards honor new technologies that help accounting firms and their small business clients operate more efficiently and profitably through improved workflow, increased accessibility, or enhanced collaboration.

How your clients will accept payment is perhaps one of the most important decisions a small business can make – and there are a lot of factors that go into managing the variety of ways their customers want to pay.

At the end of July 2021, the accounting profession took a big step towards post-COVID normalcy with the return of the AICPA ENGAGE conference to Las Vegas. The program allowed for face-to-face mingling of 1,700 on-premise attendees along with ...

By now, most of us have settled into the routine of remote work. But based on the conversations we've had with our clients over the past few months, there's still a need to establish minimum technology requirements for remote workers.

Pundits in the profession continue to promote the thinking that audit and tax compliance are gone and that your firm needs to pick a new service line to survive. But, did you look at your firm’s financial success last year? And the year before that?

Keep in mind, traditional marketing efforts must do one thing – help you meet a business goal. Whatever approach you take, keep that focus in mind when it comes to creative, design, placement, target market, and use.

Keep in mind that technology will not just continue to advance. It will accelerate in a compounding pattern for at least the next 5-10 years. Perhaps longer. What will be the next big advancement to connect us to others, to our clients? It’s hard to say.

Most of us know what it’s like to work in an office full time, but before March 2020, not everyone knew what it was like to work remotely full time. Which one is best? Working from home or working from an office...