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IN Brief Crypto assets represent a fast-moving asset class, and nonfungible tokens (NFT) are an especially fast-growing subset of that class, which have attracted outsized attention in the press and [...]

In Brief The seventh annual 2021 NYSSCPA-Rosenberg Survey identifies trends from the national 23rd Annual Practice Management Survey and provides profitability and growth data of participating New York CPA firms. [...]

Chat GPT is an artificial intelligence (AI) chatbot developed by the OpenAI organization. Many readers may already be familiar with chatbots, which are software applications that simulate human conversation via [...]

Management accounting, like many fields, is being disrupted by new technologies, including big data, predictive analytics, artificial intelligence, blockchain, machine learning, and robotics process automation. Established accounting and finance professionals [...]

According to the International Integrated Reporting Council (TIRC), 'Sustainability reporting is central to integrated reporting. Robust sustainability metrics are included in integrated reports, based on the International IR Framework' ('Global [...]

From the very first certified public accountancy law (passed in 1896 in New York State) to the present day, the accounting profession and the nature of being a CPA have [...]

IN BRIEF Many CPAs who work in public practice and corporate accounting harbor the idea of returning to college to share their professional experiences and help train future accountants. For [...]

Five experts discussed a project being developed by the CPA profession aimed at helping accountants prepare for the formidable challenges facing them in the future. Called the Vision Project, this initiative requires professional members to create scenarios describing the interaction among the political, economic, social, technological, human resources and regulatory factors that may affect the profession in the future. Jack Brooks, former executive director of the Connecticut Society of CPAs, explained that the project is quite relevant because most CPAs are too engrossed with their current work that they forget to prepare for tumultuous times ahead of them. Tax lecturer Sidney Kess commented that the project can help CPAs who feel that they are not up to the challenges transforming their practice. The other participants in the discussion were Walter Primoff and James Woehlke of the New York State Society of CPAs, and life insurance expert Lee Slavutin.

Projections form a basic part of a Plender's credit package, both for initial approvals and in the monitoring of the account. A well-prepared projection helps one understand a company's business, [...]

T ast month, the NYSSCPA held an open house event at its new offices on Wall Street. We threw open the doors and invited members to see the space that [...]