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The Future of the Accounting Profession and the Value of the CPA

In order to explore how young CPAs will influence the future of the accounting profession, The CPA Journal invited several individuals in the early stages of their careers to share their ideas and opinions at a lively roundtable discussion held on June 25, 2014, at the NYSSCPA’s offices.

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Publisher's Column

Foreign Bank Accounts: Opting Out of the Offshore Voluntary Disclosure Program

The recent dissolution of Wegelin & Co., the oldest private Swiss bank, and the charge to profits taken by Bank Leumi, an Israeli bank, highlights the pressure being exerted on foreign banks and U.S. taxpayers. Resident taxpayers and U.S. citizens living abroad must report and pay taxes on all of their worldwide income. Full Story

Lawsky Makes a Bet on New York

It’s official. Well, almost. I’ve been writing, here in The CPA Journal and
in other publications, about how CPAs need to get up to speed when it comes to virtual currency and its implications—not only for the profession, but also for the future of commerce itself.
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A Call to Action for Future Auditors

The PCAOB was created by Congress through the passage of the Sarbanes-Oxley Act of 2002 to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports.
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The CPA Journal is broadly recognized as an outstanding, technical-refereed publication aimed at practitioners, educators, regulators, and other financial professionals. Our goal is to provide the Journal’s readers with insight and analysis on developments in the areas of accounting, auditing, taxation, finance, management, technology, and professional ethics.

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