The WashingtonCPA is a quarterly magazine produced by the WSCPA for its members. The magazine includes articles on various accounting, tax, and professional development topics, as well as profiles of individual WSCPA members and a fun crossword!

Below, you'll find the most recent magazine articles formatted for the web.

The WashingtonCPA Articles

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    Adapting to a Changing Technological Landscape

    by Kimberly Scott, CAE, WSCPA President & CEO | Jan 05, 2018
    If there is one word that I seem to hear constantly, it is CHANGE. One could argue that the world around us has been in a constant state of change from the very beginning and, therefore, change is normal. However, the rate of change in technology now exceeds the rate at which we are able to adapt to change.
    Full story
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    Accounting for Callable Debt Securities for State and Local Governments

    by Khaled Abdel Ghany, PhD, CPA | Jan 04, 2018
    In March 2017, the Financial Accounting Standards Board (FASB) issued the Accounting Standards Update No. 2017-08 “Premium Amortization on Purchased Callable Debt Securities.” The requirement of this Update is to shorten the amortization period for certain callable debt securities held at a premium.
    Full story
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    Foundation Offers Grants to Improve Diversity of CPA Pipeline

    by Kimberly Scott, CAE, WSCPA President & CEO | Jan 04, 2018
    Although providing scholarships to future CPAs is a key program for the Washington CPA Foundation, the Foundation Trustees are also excited to promote the profession to students that may not be aware of the opportunities a career in accounting can bring. One of the ways the Foundation does this is through providing grants to organizations with programs or events designed to improve the diversity of the CPA pipeline in Washington.
    Full story
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    Complex Partnerships Under New Review

    by Edward R. Jenkins Jr., CPA, CGMA | Jan 04, 2018
    The Bipartisan Budget Act of 2015 (BBA) was passed Nov. 2, 2015. It was then modified by the Protecting Americans from Tax Hikes Act on Dec. 18, 2015. Those new laws substantially changed how partnerships will be audited by the IRS. The statutes took effect on Jan. 1, 2018. This article explains why Congress made the changes and what the changes to the audit regime are, identifies some traps in the new rules, and provides you with tips for compliance.
    Full story
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    The Question You Need to Ask Yourself

    by Tom G. Donaghy, CPA, WSCPA Chair for 2017-18 | Jan 04, 2018
    I recently watched a video of a life-size robot jumping on and off different levels of platforms. The robot does a full flip afterwards to celebrate. Elon Musk made a comment about this video, “This is nothing. In a few years, that bot will move so fast you'll need a strobe light to see it. Sweet dreams…”
    Full story

Read the Digital Version of The WashingtonCPA

Below, find the full digital version of the most recent issue of The WashingtonCPA, as well as a link to the full magazine archive.

Winter 2019

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Digital versions of The WashingtonCPA are hosted by Issuu. Click here for the full archive.

The WashingtonCPA accepts article submissionsdisplay and classified advertisements


The Washington Society of Certified Public Accountants is the only organization in the state of Washington dedicated to serving the professional needs of CPAs, educating consumers about CPAs and the services they provide, and encouraging students to study accounting and enter the profession.

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