CarterHistorically, the accounting profession has been protected from massive labor changes. The profession has grown over the years through increased regulations, mergers and firms that provide niche services. However, changes are on the horizon. Artificial intelligence and automation will be major changes within the profession. (more…)

Jessi EngelhardGoing into your first busy season in public accounting can be quite intimidating.  If you’ve dubbed yourself an auditor, it’s likely that week one you’ll be interacting with the client.  Or if you’ve chosen tax, you’re given the forms and asked to go with it.  Everything in school seems challenging but then you get hit with the real world of public accounting.  If you haven’t realized it yet, you will soon…school gives you the vocabulary, the frame of reference, and the ability to confidently tell the difference between debits and credits, but it’s your first busy season where you learn how much you don’t know.  I recently came across an article in the Journal of Accountancy that included tips for first-year auditors.  Even though some of the tips seem obvious, sometimes, we have to remind ourselves. (more…)

The first time I tried to enlist in the Marine Corps, I got laughed out of the recruiter’s office. At a pudgy 300 pounds, I was hardly an ideal candidate. The recruiter was just playing the odds when he took one look at me, pointed to the door, and told me to stop wasting his time.

After months of diet and exercise, I did get a recruiter to take me seriously – and finally graduated from boot camp at 185 pounds, 18 months after that initial failed attempt. The tough feedback that I received in the Marines was exactly what I needed to get my life together.

Read the rest of the article from Harvard Business Review.

By Karen Vergara, CPA

Earlier this year, I decided that it was time to challenge myself with a new goal – train and finish my first sprint triathlon. Now, this comes from someone that once ran a 5K and vowed to never do it again! I was going against my own previous declaration. However, the process of training and finishing the triathlon reminded me so much of my journey of taking the CPA exam that I realized the same skills athletes use to train for their races are also the same skills students and young professionals can use to study and take the CPA exam. (more…)

porupskiFor many attorneys, retaining the services of a Forensic CPA can play a fundamental role in successfully resolving their clients’ legal disputes. A forensic accountant should possess the unique skills and abilities necessary to assist attorneys and their clients in litigation involving complex financial matters. The need for forensic accountants as expert witnesses and consultants arises from financial issues requiring highly specialized knowledge across a variety of disciplines. Often, these key issues are pertinent to the outcome of the case. Forensic accountants are able to provide a variety of services to attorneys and clients that range from consulting engagements and preparation of financial analyses, to assistance in settlement negotiations and expert witness testimony. (more…)

Amy LongAs a CPA, perhaps one of your career goals is to become a partner. Whether that be at a Big 4 firm, a smaller firm, or perhaps starting up your own. One of the things I would always hear as it relates to partners is having a book of business. Maintaining clients as well as bringing new ones in. When I first started my career, business development seems like such a daunting task (who am I kidding, it’s still daunting at times). How do you even start? What knowledge or technical expertise can I even offer? What’s the point if I’m just starting my career and won’t need a book of business for a while?  (more…)

overstreetWhen I was going through the recruiting process in my final years of college, I had a hard time deciding whether I wanted to work at a large or a small firm. I talked to firms of all sizes and accepted an offer with a small firm in Tampa, Florida. Now that it is a few years later, I think I made the right choice for myself. But after working for a few years I now think the size of the firm is less important. I now realize that it is more important to me that I enjoy my work and that I continue to gain experience and grow professionally. These are a few of the experiences I have gained while working at a small firm… (more…)