Professional accounting bodies

IMA Publishes New Report on the Pandemic's Impact on Businesses and the Finance Function

Retrieved on: 
Thursday, January 28, 2021

Most of the survey respondents have had a reduction in their compensation this year, whether in salary, bonus, or both.

Key Points: 
  • Most of the survey respondents have had a reduction in their compensation this year, whether in salary, bonus, or both.
  • "The COVID-19 pandemic continues to present businesses with unprecedented challenges and poses new demands on the finance function," said Raef Lawson, Ph.D., CMA, CPA, IMA vice president of research and policy.
  • "Finance professionals are interested in upskilling now more than ever to support their companies during the pandemic and in the post-COVID-19 era."
  • IMA is one of the largest and most respected associations focused exclusively on advancing the management accounting profession.

Becker Launches Enhanced CMA Exam Review Experience and Strategic Partnership with the IMA®

Retrieved on: 
Tuesday, January 26, 2021

Becker is a strategic partner of the Institute of Management Accountants (IMA), the only organization to offer the CMA credential.

Key Points: 
  • Becker is a strategic partner of the Institute of Management Accountants (IMA), the only organization to offer the CMA credential.
  • Beckers enhanced CMA Exam Review is designed to help students pass the exam and strengthen the skills they need to succeed in the workforce today and tomorrow.
  • Beckers comprehensive CMA Exam Review course covering both parts of the CMA Exam: part 1financial, performance, and analytics, and part 2strategic finance management helps students hone their skills in strategic thinking, leadership, planning, budgeting, forecasting, and more.
  • Becker provides CPA Exam Review, CMA Exam Review and CPE (Continued Professional Education) with expert instructors, high-quality content, flexible learning formats including on-demand resources and webcasts.

Individual CPAs Eligible to Apply for .CPA Domains Tomorrow

Retrieved on: 
Thursday, January 14, 2021

ET, licensed CPAs can apply on an individual basis for their preferred branding under the new restricted Internet domain for the accounting profession, .cpa.

Key Points: 
  • ET, licensed CPAs can apply on an individual basis for their preferred branding under the new restricted Internet domain for the accounting profession, .cpa.
  • Until now, only licensed CPA firms and approved organizations, such as state CPA societies, were eligible.
  • Top-level domains are the handful of letters at the end of an email or website address, such as .com or .org.
  • The Texas Society of CPAs (TXCPA) recently announced its move to the .cpa domain with its new web address, tx.cpa .

AICPA Encourages Firms to Aggressively Advance PPP Applications

Retrieved on: 
Wednesday, January 13, 2021

The AICPA, CPA.com and fintech leader Biz2Credit in September launched a financing platform for CPA firms, the CPA Business Funding Portal , to help practitioners as they assist small businesses through PPP loan forgiveness.

Key Points: 
  • The AICPA, CPA.com and fintech leader Biz2Credit in September launched a financing platform for CPA firms, the CPA Business Funding Portal , to help practitioners as they assist small businesses through PPP loan forgiveness.
  • The portal, which has been used by thousands of firms, has been updated to accept so-called PPP2 applications and over three thousand applications have already been prepopulated.
  • Small businesses should expect more scrutiny in this round of PPP applications, said Erik Asgeirsson, president and CEO of CPA.com.
  • AICPA executives will discuss the latest PPP developments and their implications for CPAs and their small business clients at this weeks AICPA Town Hall at 3 p.m.

Janover Promotes Christopher Gagliardi and Jason Hoffman to Partner

Retrieved on: 
Wednesday, January 6, 2021

GARDEN CITY, N.Y., Jan. 6, 2021 /PRNewswire-PRWeb/ -- Janover LLC, one of the New York region's leading public accounting firms, is proud to announce the promotion of Christopher Gagliardi, CPA and Jason Hoffman, CPA, to Partner effective January 1, 2021.

Key Points: 
  • GARDEN CITY, N.Y., Jan. 6, 2021 /PRNewswire-PRWeb/ -- Janover LLC, one of the New York region's leading public accounting firms, is proud to announce the promotion of Christopher Gagliardi, CPA and Jason Hoffman, CPA, to Partner effective January 1, 2021.
  • Christopher Gagliardi has over 13 years of public accounting experience and primarily focuses on assurance and consulting services for the Construction and Financial Services Industries.
  • Christopher obtained his Bachelor's in Accounting from SUNY Old Westbury, where he is a member of the school's Advisory Board.
  • Christopher is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

CPA Firms Mobilizing to Support $900 Billion COVID Relief Bill Signed into Law

Retrieved on: 
Monday, December 28, 2020

Firms are now ready to hit the ground running to aid their small business clients come January.

Key Points: 
  • Firms are now ready to hit the ground running to aid their small business clients come January.
  • With the relief legislation now signed into law, lenders and the Small Business Administration will begin processing a new round of loan applications quickly.
  • The CPA portal offers an efficient, centralized platform for CPAs to manage relief funding for their small business clients, and well continue to update and evolve it.
  • ET this Wednesday on the opportunity around business relief advisory services, and how utilizing a tool can help CPA firms and their clients.

Aviso Achieves SOC II Type II Certification and Files 4 Additional Patents Across New Platform Innovations

Retrieved on: 
Wednesday, December 23, 2020

This momentum comes at the heels of a strong Q3 for Aviso, with additional funding, 4 patent filings in the third quarter, and key wins.

Key Points: 
  • This momentum comes at the heels of a strong Q3 for Aviso, with additional funding, 4 patent filings in the third quarter, and key wins.
  • Aviso announces 4 additional patents, SOCII Type II certification, and the launch of new platform innovations.
  • Earlier this quarter, Aviso also achieved SOC 2 Type II certification after going through an official security audit.
  • SOC 2 Type II guidelines are set forth by American Institute of Certified Public Accountants (AICPA).

THE CPA EXCHANGE Launches Simple Digital Platform that Helps Firms Transition, Buy and Sell Practices/Clients

Retrieved on: 
Tuesday, December 15, 2020

The CPA EXCHANGE is a transformative digital platform, streamlining the way accounting practices are bought and sold.

Key Points: 
  • The CPA EXCHANGE is a transformative digital platform, streamlining the way accounting practices are bought and sold.
  • CPA firms wishing to sell can confidentially list their practices for qualified buyers to evaluate their offer in a secure and anonymous environment.
  • The CPA Exchange allows you to grow and transition your CPA firm on a revolutionary digital exchange.
  • The CPA EXCHANGE is a transformative digital platform streamlining the way accounting practices and clients are bought and sold.

21 Financial Resolutions for 2021 from the AICPA

Retrieved on: 
Tuesday, December 15, 2020

To help Americans improve their financial standing in the year ahead, members of the American Institute of CPAs (AICPA) National CPA Financial Literacy Commission suggest the following 2021 New Years financial resolutions:

Key Points: 
  • To help Americans improve their financial standing in the year ahead, members of the American Institute of CPAs (AICPA) National CPA Financial Literacy Commission suggest the following 2021 New Years financial resolutions:
    Many Americans found themselves staying home more often this year while observing COVID-19 safety measures.
  • -Kim Hardy, CPA, member of the AICPA Financial Literacy Commission
    Education is an investment in yourself.
  • -David Almonte, CPA/CGMA, member of the AICPA Financial Literacy Commission
    Good money habits and behaviors arent just for the adults in the household.
  • -Matt Rosenberg, CPA/PFS, member of the AICPA Financial Literacy Commission
    These resolutions can help Americans reach their financial goals and support the lives they want to live in 2021 and the years ahead.

Small Businesses and CPA Firms Should Be Readying for New Round of PPP Relief Funds, AICPA, CPA.com, and Biz2Credit Say

Retrieved on: 
Monday, December 14, 2020

Firms have a great opportunity to be much more proactive and strategic on how they support clients with this stimulus compared to the original PPP round in April.

Key Points: 
  • Firms have a great opportunity to be much more proactive and strategic on how they support clients with this stimulus compared to the original PPP round in April.
  • The AICPA is urging swift, renewed funding of the PPP and other business relief programs.
  • Small businesses, the engine of our economy, continue to struggle, said AICPA President and CEO Barry Melancon, CPA, CGMA.
  • During the initial rollout of PPP, CPA firms were forced to set up manual processes to serve clients and often operated with limited guidance.