CPAs understandably can get weary when considering all the effects automation could have on the accounting industry. Though according to Hitendra Patil, director of practice development for AccountantsWorld and author of Accountaneur: The Entrepreneurial Accountant*, emerging technology will not only fail to harm their job prospects, but also could make the CPA’s role more valuable in the long run.
*Podcast listeners can buy Patil’s book, Accountaneur: The Entrepreneurial Accountant, for 15 percent off when they use discount code acc10p at CPATrendlines.com.
In 2016, Pennsylvania joined the list of states that have legalized medical marijuana. The newness of the industry, along with other factors, has resulted in complications in taxation and expense deductions. To help walk us through the vital role CPAs can play in helping this fledgling industry’s entrepreneurs, we were joined by Heather Demshock, assistant professor of accounting at Lycoming College in Williamsport, Pa.
The tax practitioner community has largely caught its collective breath now that the tax filing deadline is about a month in the rearview mirror. One practitioner, Dee Palaschak, CPA, of Sisterson & Co. LLP in Pittsburgh, shares her firm’s perspective on the challenges and successes from the 2016 tax year, as well as best practices for a successful 2017-2018. For even more practitioner insight, check out this CPA Now blog from Ryan Raffensperger, CPA.
Budgetary restrictions are something that just about every local government must deal with. One of the areas where they face challenges is data security, which makes them a popular target for cyber criminals. In this episode of CPA Conversations, Mark Burnette, a shareholder with LBMC Information Security and a presenter at the July 10-11 PICPA Government Accounting Conference https://www.picpa.org/courses/Course?id=25609, helps us examine some of the challenges these organizations face as well as offering some solutions for overcoming the obstacles.
What does the unpredictable state of health care mean for capital markets? And even more, what does it mean for CPAs working in the industry? Andy Majka, managing director and chief operating officer of Kaufman Hall & Associates Inc., addresses the issue in this segment of CPA Conversations. You can hear more from Majka at PICPA’s 2017 Health Care Conference, June 5-6, at the Hershey Lodge.
We’ve all heard of consumerism. But how is it changing the delivery of health care, and what about the many CPAs who work extensively in this industry? Marc Scher, CPA, partner in charge of KPMG LLP’s global and U.S. health care audit practice in southern California, clarifies this concept in a preview of his upcoming presentation at PICPA’s Health Care Conference, June 5-6, at the Hershey Lodge.