Governmental Accounting Standards Board (GASB) has issued GASB Statement 98 renaming the Comprehensive Annual Report to the Annual Comprehensive Financial Report.

The senior partners of my firm recently shared words of advice to our departing summer interns and the future leaders of the profession. Regardless of where you are in your career, you, too, have a unique perspective to share with future CPAs and even with your fellow members.

The AICPA has issued a proposal to make updates to the Peer Review standards. The changes are primarily formatting to make the standards more user friendly. There are a handful of substantive changes as well.

What gives you meaning and a reason to get up every day when it comes to being a CPA or for your career? Whatever the reason, having a sense of loss of purpose when you retire is both common and something to plan for so you can make the transition successfully.

Firms established by pioneering Black CPAs have left an indelible legacy on today’s accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession’s recruitment and advancement initiatives, and with the clients they serve.