Out of the AICPA and CPA ESG Virtual Symposium Update, Barry Melancon, president and CEO, AICPA, Ami Beers, senior director–Assurance & Advisory Innovation, AICPA, and Andries Verschelden, co-founder and CEO, Good.Lab, discuss how shifting sustainability regulations are creating significant opportunities for CPAs in assurance services in this Journal of Accountancy article.
Article source:
Artificial Intelligence, Talent Development and Practice Transformation Strategies Frame Premier Event for Progressive Accounting Professionals
NEW YORK (Sept. 6, 2024) – In today’s rapidly evolving landscape of technology and innovation, staying ahead is essential for accounting and finance professionals. The Digital CPA (DCPA) Conference® offers the innovative insights and connections that CPAs and firm leaders need to drive the transformation of their practice areas and position for future success through the latest technology and cutting-edge strategies. strategies.
DCPA 2024, hosted by CPA.com and AICPA & CIMA, will take place at the Hyatt Regency in Denver Dec. 8-11, 2024, and live online.
The theme of this year’s conference is "Pathways to Possibilities". In addition to the robust client advisory services (CAS) content that DCPA has long been known for, this year’s agenda will continue to expand the audit track to offer the same caliber of insights and strategies for our growing audit community.
The three-day program also features sessions focused on trends in artificial intelligence, cybersecurity, offshoring, change management and more, and offers the opportunity to earn up to 22 CPE credits.
Featured keynote speakers will set the stage around today’s business and technology environment and frame the focus of the conference. They include:
There will also be a special AICPA Town Hall episode airing live from DCPA featuring discussions on the talent pipeline, operational risk management strategies and the latest technical and DC updates.
Attendees will also have the chance to participate in several roundtable discussions with peers and like-minded professionals to discuss real world challenges and opportunities.
"In a time where technology and strategic foresight are reshaping accounting and finance, the progressive firms of the Digital CPA community are forging the future through innovation and adaptability," said Asgeirsson. "The DCPA Conference is a catalyst that brings together the most inspiring and forward-thinking leaders across CAS, audit and tax to exchange ideas, insights and strategies to enable firmwide transformation and position themselves and the profession for ongoing success.”
The event continues to sell out each year, and record numbers are expected once again for the live and virtual event. Practitioners who register before Sept. 30 can save with early-bird pricing and discounted registration fees.
Visit digitalcpa.com for more details on the event and access on-demand and upcoming webcasts aimed at extending the conversation beyond DCPA. You can also get a sneak peek into conversations with conference speakers on the Digital CPA Podcast, available on all major platforms.
Media access: Reporters who would like press credentials to attend the event can contact Sonia Bauer, Sonia.Bauer@hq.cpa.com. Online access to sessions is also available.
About CPA.com
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.
Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.
A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.
About the Association of International Certified Professional Accountants, and AICPA & CIMA
The Association of International Certified Professional Accountants (the Association), representing AICPA & CIMA, advances the global accounting and finance profession through its work on behalf of 698,000 AICPA and CIMA members, students and engaged professionals in 188 countries and territories. Together, we are the worldwide leader on public and management accounting issues through advocacy, support for the CPA license and specialized credentials, professional education and thought leadership. We build trust by empowering our members and engaged professionals with the knowledge and opportunities to be leaders in broadening prosperity for a more inclusive, sustainable and resilient future.
The American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession, sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state and local governments. It also develops and grades the Uniform CPA Examination and builds the pipeline of future talent for the public accounting profession.
The Chartered Institute of Management Accountants (CIMA) is the world’s leading and largest professional body of management accountants. CIMA works closely with employers and sponsors leading-edge research, constantly updating its professional qualification and professional experience requirements to ensure it remains the employer’s choice when recruiting financially trained business leaders.
Article source:
Early-stage companies are invited to apply for the AICPA and CPA.com program by Nov. 30
NEW YORK (Aug. 6, 2024) – The American Institute of CPAs (AICPA) and CPA.com are accepting applications for the 2025 Startup Accelerator program, which supports the growth of early-stage companies worldwide to help advance the accounting and finance profession. Startup companies focused on accounting, tax, fintech, regulatory technology, or educational solutions that leverage emerging technologies for accounting and finance teams are encouraged to apply.
Selected applicants will receive access to strategic advice and business insights from program advisory board members, AICPA and CPA.com leaders, and experts with extensive experience across entrepreneurship, technology startups, accounting and finance. Participants will also receive a $25,000 grant and exposure at top events hosted by the AICPA & CIMA and CPA.com.
“The guidance and feedback from the AICPA and CPA.com's advisors, specialists, employees and customers has been invaluable in refining our product, messaging and go-to-market strategies for the US,” said Brendan Roberts, CEO of Aider, a member of the 2024 cohort. “We have formed friendships with the talented cohort of fellow accelerators, and the collaborative environment has accelerated our progress and opened partnerships. I highly recommend this program to any startup looking to scale and succeed in accounting and finance.”
Applications for the 2025 accelerator program are open until Nov. 30, 2024. The chosen cohort will be featured next summer at AICPA & CIMA ENGAGE, the largest U.S.-based conference for CPAs, and at the Digital CPA conference later in the year.
“Technology is the great equalizer that can empower firms and finance teams of all sizes to elevate the quality and value of services delivered,” said Erik Asgeirsson, president and CEO, CPA.com. “We’re excited to welcome the next wave of innovative solutions partners into the 2025 Startup Accelerator program as part of our efforts to enable how finance and accounting teams embrace transformational technologies and strategies to position for ongoing success.”
To be eligible for consideration, companies must meet the following criteria:
For additional information about the program, please reach out to Vendela Hale at vendela.hale@hq.cpa.com. CPA.com and the AICPA are also hosting a webinar Oct. 3, 2024 at 1 p.m. ET with the startup companies representing the 2024 cohort to discuss emerging technologies and their impact on the accounting profession.
To apply for the 2025 cohort, please visit the accelerator program page at accelerator.cpa.com.
About CPA.com
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.
Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners. A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.
About the Association of International Certified Professional Accountants, and AICPA & CIMA
The Association of International Certified Professional Accountants (the Association), representing AICPA & CIMA, advances the global accounting and finance profession through its work on behalf of 698,000 AICPA and CIMA members, students and engaged professionals in 188 countries and territories. Together, we are the worldwide leader on public and management accounting issues through advocacy, support for the CPA license and specialized credentials, professional education and thought leadership. We build trust by empowering our members and engaged professionals with the knowledge and opportunities to be leaders in broadening prosperity for a more inclusive, sustainable and resilient future.
The American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession, sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state and local governments. It also develops and grades the Uniform CPA Examination and builds the pipeline of future talent for the public accounting profession.
The Chartered Institute of Management Accountants (CIMA) is the world’s leading and largest professional body of management accountants. CIMA works closely with employers and sponsors leading-edge research, constantly updating its professional qualification and professional experience requirements to ensure it remains the employer’s choice when recruiting financially trained business leaders.
Article source:
Firm adoption of transformational platform has grown more than 25% since May as significant enhancements roll out.
New York, NY (July 23, 2024) – CPA.com announced today that firm usage of the Dynamic Audit Solution (DAS) has grown by more than 25% in the last 60 days as new capabilities and industry content further support firms in enhancing the efficiency, quality and client value of their financial statement audits through a risk-focused, data-driven approach.
DAS is part of OnPoint, a comprehensive cloud-based suite of applications built on the Caseware Cloud platform that brings together embedded methodology, engagement management, automated financial statements, data analytics and client collaboration into a single integrated package. Firm adoption of OnPoint, which also includes OnPoint EBP, OnPoint PCR and OnPoint Audit, has been growing steadily with more than 200 firms now using one or more applications.
Powered by a transformative methodology developed by the AICPA, in partnership with audit professionals from leading firms, DAS is the only comprehensive, end-to-end, cloud-based solution on the market built by auditors, for auditors. Firms are actively using DAS today to complete financial statement audits, and the solution is poised for sharp acceleration. Users of the platform continue to recognize DAS as a transformative differentiator in the market, highlighting the value it provides in enhancing the efficiency, quality and client value of audits. DAS features guided workflows, real-time collaboration, and a fully integrated methodology from start to finish to support an enhanced auditor and client experience.
FIRM USAGE
Since its commercial launch in June 2023, DAS adoption has accelerated, and the platform is available for immediate deployment to firms of all sizes. Currently:
CAPABILITY ENHANCEMENTS
Additionally, new features, functionality and content continue to be added to DAS to enhance capabilities and user experience. The most recent release in June 2024 implemented significant enhancements including, but not limited to:
FIRM FEEDBACK
User feedback of the platform has been overwhelmingly positive and offers valuable insights into their unique experiences and benefits of using the platform.
According to Kevin McElgunn, partner at Withum, “Data ingestion, linkage of work papers, seamless data integration, and real-time communication and collaboration tools allow our staff and team members to be able to problem solve and critically think through issues, which creates a more effective and efficient audit.”
Other key themes we hear from firms include:
LEARN MORE
For more information on DAS for your firm, contact us at cpa.com/das-inquiries.
CPA.com can help firms assess firm readiness and offers comprehensive implementation consulting, training and data and migration services to prepare for a technology-driven shift.
You can also access additional resources, including user testimonials, by visiting the DAS Resource Center.
About CPA.com
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus. The company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners. A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.
Article source:
Kacee Johnson, CPA.com VP of Strategy & Innovation, shares insights on AI in accounting, discussing CPA.com’s generative AI toolkit, practical use cases, initial steps for CPAs, and potential challenges in adopting AI tech in this podcast from the Maryland Association of CPAs (MACPA).
Article source: https://player.captivate.fm/episode/ffdea564-7b69-4ca6-93f0-fcca21e5aedb
