Blog

Through the EAQ, the AICPA shares resources and education to help Peer Review firms avoid the most common audit quality issues. Check out the latest resources including: COVID-19 Audit Implications, Auditing Revenue Recognition, SOC Engagements and more.

The U.S. Supreme Court is considering a case that challenges the constitutionality of the individual mandate under The Patient Protection and Affordable Care Act (ACA). Accordingly, any ACA-related income taxes paid in prior years, including the individual shared responsibility penalty, may be refundable if a claim for refund is filed in a timely manner. You may be wondering if your clients should file protective claims for any years about to expire. This article helps answers those questions and offers resources to determine the appropriate course of action.

The Washington State Department of Labor and Industries (L&I) invites you to attend an upcoming webinar to learn more about updates to the rules governing employees exempt from the protections of the State Minimum Wage Act.

The Auditing Standards Board (ASB) agreed to defer implementation of the seven most recently issued Statements on Auditing Standards (SASs). SAS Nos. 134-140, which substantially change the auditor’s report, will be deferred one year and are now generally effective for audits of calendar year-end 2021 financial statements.

Our nation, our state and our members are reacting to the continued injustices that stem from systemic racism. People are hurt, angry, and scared. Voices are loud right now, asking to be heard, asking for real change.

Accounting recruitment can be a daunting task in a normal year for students, and now there is added confusion and stress over trying to navigate how to still get out there in front of firms and get noticed. Here are 3 tips for how to make the best of our current situation.

The Washington State Department of Revenue is considering moving its current downtown Seattle office to a new location outside of the Seattle downtown core. They would like to receive feedback from you to better understand how customers currently use their office at 2101 4th Avenue. Please help them make this important decision by completing a short survey.

The National Association of State Boards of Accountancy (NASBA) has announced the start of a 90-day comment period for proposed revisions to the Uniform Accountancy Act (UAA) Model Rules. Comments will be accepted through August 31, 2020.

You may have heard this weekend about unemployment claims fraud in Washington State. Here are details from the Washington State Employment Security Department and steps to take if you believe you are a victim of imposter fraud.

More than 30 million Americans have lost their jobs so far this year. This article offers tips to share with clients who may have lost their jobs and to help them minimize the financial damage and prepare for new positions and opportunities.

While the COVID-19 pandemic is having a devastating impact on the nation’s economy, use this opportunity to encourage your clients to take stock of their current financial situation and establish habits that will put them on a stronger financial footing once the pandemic ends and the economy recovers. Share this article with your clients!

So many things that happen at work can catch women off guard, making us question our confidence and capability. Women experience microaggressions, receive intangible feedback, and are interrupted more often than men. Worst of all, it’s not uncommon for women to internalize these experiences and blame themselves. Unfortunately, gender bias is deeply rooted in our society. The good news is, it’s not your fault.

If you have never spent an afternoon pondering the return on investment of your last business trip, Oxford Economics USA did the math for us. For every $1 spent on business travel, companies see an ROI of $12.50. As we embark on the year 2020, we have a lot of expectations around where technology will take us.

Wintery weather could not stop members from traveling to Olympia on January 15 for WSCPA’s annual Hill Day. Members spent the day together going office to office to meet with their representatives and discuss professional issues.

Due to the current health climate, the WSCPA Annual Meeting will be held virtually on June 4. Please join us and keynote speaker, Professor Margaret O'Mara as we uncover insights from historical challenges, and appoint the 2020-2021 Board of Directors.

Zettabyte. No, it's not a made up word or hyperbolic number. It's a trillion gigabytes or as Cisco's Taru Khurana put it: "If each gigabyte in a zettabyte were a brick, 258 Great Walls of China could be built." And that's just one zettabyte. Does the real value come from having access to the data, or collecting, transforming and analyzing it?

Just as the CPA profession is rapidly changing, the WSCPA is adapting to meet the needs of our state. This is not your mama’s membership organization any longer. Are you tapping in to all the WSCPA offers? Here are some ways to get the most of your WSCPA membership.

The world seems to be in chaos and is changing so rapidly. The current state of adapting to the coronavirus pandemic as I write this (early April) may not be reflective of where we are at the time you read this. We realize that, in times like this, we may not be the first place you turn. However, if you do need to turn to us, we will be here for you.

The WSCPA invites you to free virtual trivia nights

On Wednesday, May 13, 2020, the WSCPA will host our first Virtual Career Fair for accounting students and professionals throughout Washington State. To prepare for this we share with you our top eight tips for making a better impression at your next virtual career fair.