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 WSCPA Advocacy Team has been hard at work in 2021 so far. Things moved slower and quicker at the same time. Fewer bills were introduced, but they sometimes moved forward in record pace.

The blockchain and cryptoasset landscape continues to accelerate and evolve in ways that just a short time ago would have seemed radical or outlandish. Below are some recent developments and what they might mean for practitioners moving forward.

Sustainability reporting, or social accountability as it is sometimes called, is receiving increased attention. It has been defined as encouraging companies to go beyond their legal responsibilities to invest in and improve their human capital, physical environment, and relations with diverse stakeholders.

As we look to the future, the Foundation continues to adapt to environmental changes in the profession and seeks to continue to lift barriers to entry for the accountants of tomorrow. CPA Evolution is on the horizon and with it continues the debate over how well the accounting curriculum in the United States serves the needs of students and practitioners, and on how prepared students are to take the CPA Exam.