How to Pass the CPA Exam Faster By Jim DeLuccia Bob Gayhardt, business development manager for UWorld, provides high-level tips on passing the CPA Exam. Gayhardt stresses the importance of identifying strengths and weaknesses of subject materia

CPAs Have a Vital Role in Keeping Small-Business Clients Compliant

Feb 7th, 2022 6m 54s

Matthew May, founder and vice president of sales and marketing for Acuity CFO Online Bookkeeping Accounting and Business Tax, joins us to talk small-business compliance with standards and regulations. In particular, May stresses the role CPAs c

Benefit Clients by Upgrading Your R&D Credit Knowledge

Jan 31st, 2022 20m 13s

The research and development (R&D) tax credit is available to many organizations to help reduce their tax liability and overall financial expenditures. Unfortunately, many organizations don’t know everything they need to know to fully take adva

Knowing the Basics of Blockchain Is a Boon for CPAs

Jan 24th, 2022 10m 8s

Kathy Brunner, founder, CEO, and president of Acumen Analytics, joins us to explore the basics of blockchain. She sheds light on the four different types of blockchain networks, how blockchain is currently being applied in business environments

Surveying the Landscape of CPA Ethics and Acts Discreditable to the Profession

Jan 17th, 2022 26m 25s

In a wide-ranging discussion about professional ethics, “Ethics Sage” Steven Mintz, professor emeritus with California Polytechnic State University in San Luis Obispo, Calif., highlights professional and personal behavior that would be consider

CPA Evolution Exam Alterations Offer New Paths to Future Professionals

Jan 10th, 2022 15m 43s

In this episode of CPA Conversations, Jonathan Zigman, senior CPA content developer for UWorld LLC, provides an update on the current status of CPA Exam and the CPA Evolution initiative. He touches on what the CPA Exam is now and what the AICPA

When It Comes to Auditing, There’s No Place Like the Office

Jan 3rd, 2022 11m 37s

Accounting work, like so many other fields of business, has been drastically changed by the coronavirus pandemic. Many CPAs are working from home and seeing no measurable drop in their productivity and efficiency. However, when it comes to audi

PPP Fraud Is Problem Nobody Is Looking At

Dec 27th, 2021 7m 18s

Eighteen months after the release of the Paycheck Protection Program, it is fair to say the program has been generally successful. However, one giant drawback is its susceptibility to fraud. According to our guest, Allison Greenfield of Forensi

Tell Your Organization’s Financial Story with an Engaging MD&A

Dec 20th, 2021 14m 51s

In a look behind his feature for the winter 2022 Pennsylvania CPA Journal, Mike De Stefano, chief financial officer for RKL in Lancaster, Pa., discusses how CFOs can better engage colleagues on financial details via a management discussion and

Strong Ethical Practices a Must for Government CPAs

Dec 13th, 2021 8m 29s

Nicholas Ring, controller at Pine Ridge Construction Management in Williamsport, Pa., joins us to discuss how COVID-19 has challenged governments and government CPAs, how you define transparency as it relates to government CPAs, and more. This

CPA Firms: Know the Signs of Large Malpractice Claims

Dec 6th, 2021 9m 54s

Nothing can be more injurious to a CPA firm’s reputation – not to mention its bank account – than a client introducing a large malpractice claim. Based on her article for the Journal of Accountancy by Sarah Ference, CPA, risk control director f

Accounting Internships Remain a Vital Ingredient of CPA Success

Nov 29th, 2021 11m 14s

The accounting internship is one of the many aspects of the CPA experience that has been changed dramatically by COVID-19. Still, it remains a great way to set a would-be CPA’s career on the path to success, whether it is conducted virtually or

Preparing Students for Sustainability Reporting

Nov 22nd, 2021 24m 26s

Joseph Ragan, professor of accounting and Edward G. Sutula chair in accounting at Saint Joseph’s University Erivan K. Haub School of Business, joins us to talk sustainability reporting and environmental, social, and governance measures. Specifi

Lease Accounting: For CPA Firms, a Major Lift but Doable

Nov 15th, 2021 14m 3s

Ane Ohm, cofounder and CEO of LeaseCrunch, checks in with an update on lease accounting implementation. She walks us through readiness for compliance, issues affecting debt covenants, and lease modification and concession implications. Does tha

It’s Imperative for Employers to Monitor OSHA’s COVID Guidelines

Nov 8th, 2021 19m 17s

Debra S. Friedman, a labor and employment attorney with the Philadelphia law firm Cozen O’Connor, joins us to provide the latest information on OSHA guidelines related to COVID. A few items she highlighted for consideration include inquiries ab

Professors Earn Award for Data Visualization Prowess

Nov 1st, 2021 13m 41s

The evolution of the accounting profession requires new and innovative ways to teach aspects of accounting that may have previously received little exposure. One of these that is of growing importance is data visualization. Our guests – PICPA m

House Democrats’ Spending Plan and Its Effect on Taxation

Oct 25th, 2021 18m 26s

Michael Fischer, CFP, director and wealth adviser for Round Table Wealth Management, provides an in-depth exploration of the preliminary proposal recently presented by U.S. House Democrats to fund President Joe Biden’s $3.5 trillion spending pa

Mastering the Art of High-Value Client Consultations

Oct 18th, 2021 23m 59s

For many small and medium-sized firms, a consultation with a “high-value” firm can be a nerve-wracking experience that takes them out of their element. In this episode of CPA Conversations, Loren Fogelman, price and profit coach for Business Su

Recognize the Signs that Your CPA Firm Could Be Ready for a Merger

Oct 11th, 2021 27m 22s

Ira Rosenbloom, chief executive officer of Optimum Strategies LLC in Spring House, Pa., joins us to examine the signs that it might be time for a CPA firm to think about a strategic merger. Among the signs he points to are weak new business, cl

Big Changes to the Monthly Child Tax Credit

Oct 4th, 2021 11m 26s

Kemberley Washington, CPA, a tax analyst with Forbes Advisor, joins us to discuss the monthly child tax credit. She goes in depth into who qualifies to receive it, whether taxpayers have to repay it, how eligibility is determined by the IRS, an

Adventures in IRS Private Letter Rulings during a Pandemic

Sep 20th, 2021 16m 3s

In this podcast related to his column in the fall 2021 Pennsylvania CPA Journal, Barry Groebel, senior tax consultant for Herbein + Company in Reading, Pa., details his experience working on a private letter ruling request with the IRS during t

New Book Offers Advice for a Successful CPA Career

Sep 13th, 2021 25m 59s

Dave Wagaman, emeritus professor in accounting at Kutztown University, sits down with Jerry Maginnis, retired KPMG Philadelphia office managing partner and current executive in residence for Rowan University in Glassboro, N.J., to talk about Ma

Importance of New Hampshire v. Massachusetts Crosses State Lines

Sep 7th, 2021 9m 21s

While the U.S. Supreme Court did not choose to hear arguments in the case of New Hampshire v. Massachusetts, it does not mean that the disagreement between the two states will have no impact on the tax landscape. Jennifer Karpchuk, shareholder

Set Yourself Up for Success When Selling Your CPA Practice

Aug 30th, 2021 12m 42s

The climate for mergers and acquisitions in the accounting industry was already a bit balmy before COVID-19, but the onset of the pandemic turned the temperatures up even higher. In this podcast, John Warrillow, author of The Art of Selling You

Research and Development Tax Credits: Pennsylvania and Federal Perspectives

Aug 23rd, 2021 13m 59s

Paul McVoy, principal with KBKG, discusses research and development tax credits in Pennsylvania and at the federal level. He delves into which expenses qualify, what types of activities are excluded, and the process for claiming the credits. To