Washington Society of CPAs » Washington CPA Magazine
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The Washington Society of CPAs is a professional community of CPAs and financial professionals who work in business and industry, education, government, not-for-profit organizations, and public accounting. Find the latest news from the WSCPA. National and state updates that affect the accounting profession, and tips for becoming a better CPA!
Washington Society of CPAs » Washington CPA Magazine
1M ago
The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for fiscal year 2021. Under the CTA, millions of entities must report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN ..read more
Washington Society of CPAs » Washington CPA Magazine
1M ago
During the October 18, 2023, WSCPA Member Exclusive webinar, Monette Anderson, CAE, WSCPA Vice President of Membership & Education, talked with previous WSCPA Business of the Year recipients about how they build winning cultures at their firms. Here is an excerpt from that conversation ..read more
Washington Society of CPAs » Washington CPA Magazine
2M ago
Businesses have many responsibilities in their day-to-day operations, which importantly includes staying compliant with federal and state regulations. It can be challenging. Here are the regulatory issues that could impact businesses the most in 2024 to help employers and HR professionals prepare for what could be coming down the road ..read more
Washington Society of CPAs » Washington CPA Magazine
2M ago
Enacted as part of the 2021 National Defense Authorization Act and amending the Bank Secrecy Act, the Corporate Transparency Act (CTA) is intended to close a perceived information gap related to money laundering and other illicit acts ..read more
Washington Society of CPAs » Washington CPA Magazine
2M ago
What prompts an international tax accountant to become an accounting professor? WSCPA Chair Andrew Brajcich. CPA, JD, LLM, shares insights into why he chose to become a professor. He also discusses the evolving landscape of accounting ..read more
Washington Society of CPAs » Washington CPA Magazine
4M ago
Updated quality management standards promote a risk-based approach to planning and performing group audits. This article from the fall issue of The Washington CPA magazine, outlines what's new and how to implement the standards ..read more
Washington Society of CPAs » Washington CPA Magazine
5M ago
Diversity, equity and inclusion (DEI) efforts have swept the accounting nation and generally take the form of inclusiveness among different races, genders and abilities. Neurodiversity is another piece of the DEI pie ..read more
Washington Society of CPAs » Washington CPA Magazine
5M ago
Is your firm fully compliant with the revised Safeguards Rule? What constitutes client/customer records is somewhat unique for every organization, and that certainly holds true for CPA firms and tax professionals ..read more
Washington Society of CPAs » Washington CPA Magazine
5M ago
Do you see CPE as a dreaded chore? Here are some strategies to make your CPE journey more rewarding ..read more
Washington Society of CPAs » Washington CPA Magazine
5M ago
Although most agree that the current tax season has signs of returning to normalcy after the pandemic-induced chaos of recent years, CPA firms continue to face unique challenges and risks they should not ignore ..read more