The National Association of State Boards of Accountancy voted to approve the CPA Evolution model, which it has been developing with the American Institute of CPAs, in an effort to require more technology skills from CPAs to pass the Uniform CPA Examination and qualify for state CPA licenses.
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July 29, 2020
Upcoming Events July 29, 2020
Daily Briefing
NASBA votes to advance CPA Evolution initiative with AICPA
By Michael Cohn      4 min read
The National Association of State Boards of Accountancy voted to approve the CPA Evolution model, which it has been developing with the American Institute of CPAs, in an effort to require more technology skills from CPAs to pass the Uniform CPA Examination and qualify for state CPA licenses.
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Engage 2020: Opportunities ahead for accountants
By Daniel Hood      4 min read
The coronavirus pandemic has opened up a number of specific areas with potential for the profession, according to leaders at the AICPA.
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Engage 2020: How to advance women into the C-suite
By Sean McCabe      3 min read
A panel of female professionals discuss how firms can raise women's value and marketability in the workplace.
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AICPA announces new scholarship for Black accounting students in Twin Cities
By Sean McCabe      2 min read
The new scholarship will offer four students across two academic years $5,000 each to cover education-related expenses.
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SPONSOR CONTENT
Adjusting Allowances for COVID-19
Incorporate a quantitative adjustment into your allowance framework under COVID-19
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IRS finalizes rules on business interest expense deduction limits
By Michael Cohn      3 min read
The service released the final regulations and other guidance on the deduction, which was amended by the CARES Act.
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Democrats raise concerns over stimulus payment delays
By Michael Cohn      3 min read
Democrats in Congress are criticizing how millions of economic impact payments authorized under the CARES Act are being handled.
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Tackling TCJA tax compliance challenges
By French Taylor      5 min read
Here are some lessons learned from the 2018 tax year compliance season.
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In the blogs: Surprising numbers
By Jeff Stimpson      2 min read
Making partners bill; more distribution guidance; NATP winners; and other highlights from our favorite tax bloggers.
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What’s in Senate Republicans’ $1T pandemic relief plan
By Erik Wasson, Laura Litvan and Laura Davison      6 min read
The GOP legislation includes a second tranche of stimulus payments, structured the same way as the earlier round, in March, along with tax credits for businesses.
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States see no aid from Senate GOP for swelling budget gaps
By Shruti Date Singh and Amanda Albright      3 min read
The economic stimulus plan released by Senate Republicans offers no new money for states and cities to cope with swelling budget shortfalls, leaving them to contend with a grave financial crisis that’s already forcing them to slash spending, furlough workers and delay projects as tax revenue disappears.
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RESOURCES
WEB SEMINAR
The tools of CAS
An online accounting program is usually the core of a modern Client Accounting Services practice — but it’s not the only tool accountants are bringing to bear, and this session will dive into the broad ecosystem of applications they can leverage.
Learn More
REPORT
Emerge stronger than ever: A strategic guide for accountants in 2020 →
REPORT
Business after Covid-19: 5 new realities facing accountants →
More Resources
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