Journal of Accountancy Podcast
Episodes
The importance of 'boss moves' when making your next career step
27 Sep 2022
Contributed by Lukas
Jeannine K. Brown, CEO of a talent development consultancy, worked for 17 years as an accountant, so she rightfully refers to CPAs as "my people." She...
What small firms need to know about succession and M&A
22 Sep 2022
Contributed by Lukas
CPA firm partners looking to retire in the next few years need to make sure they have a succession plan in place as soon as possible. That's one of th...
A quick tour of student loan forgiveness, a quiz, and a letter to the IRS
15 Sep 2022
Contributed by Lukas
This express podcast episode with transcript highlights recent Journal of Accountancy news coverage of student loan debt forgiveness, an AICPA letter ...
Why CFOs have confidence in the midst of difficult economic times
08 Sep 2022
Contributed by Lukas
CFOs have "a rising confidence in their ability to manage through these challenging times," according to Steve Gallucci, national managing partner for...
The 'mixed bag' of economic sentiment; recent IRS news; a PCAOB update
01 Sep 2022
Contributed by Lukas
More than half of companies hope to add employees in the next year, but many of the CPA decision-makers at those organizations remain pessimistic abou...
The payoffs of RPA for one accounting firm
25 Aug 2022
Contributed by Lukas
Robotic process automation, or RPA, has been a buzzword in the accounting profession for several years. Despite that, many practitioners don't have a ...
The heavier lifting that technology can accomplish for CPAs
23 Aug 2022
Contributed by Lukas
David Cieslak, CPA/CITP, CGMA, aka Inspector Gadget, has been following technology tools and trends for years. He took time recently to share thoughts...
A closer look at tax items in the Inflation Reduction Act
18 Aug 2022
Contributed by Lukas
The Inflation Reduction Act includes several tax provisions, including a corporate minimum tax, a 1% excise tax on stock repurchase by corporations, a...
Feeling stuck or overwhelmed? Advice to help 'calm the storm'
16 Aug 2022
Contributed by Lukas
The COVID-19 pandemic led many CPAs and their employers to think deeply about mental health in ways they may not have before. Amber Setter, a former a...
Advice for avoiding the data waterfall in presentations
09 Aug 2022
Contributed by Lukas
Tom King, CPA, has worked in corporate America and now is a professor of accounting at Case Western Reserve University. He wrote the book The Numerate...
Why CPAs focused on the 'core' shouldn't forget about exploring the 'edge'
04 Aug 2022
Contributed by Lukas
Pascal Finette, an entrepreneur, consultant, and keynote speaker, shares innovation lessons from interviews with other leaders, a story about how Peps...
Why growing knowledge is more important than proving knowledge
28 Jul 2022
Contributed by Lukas
Drew Niehaus, CPA, focuses on accounting advisory services and governance, risk, and compliance in his role as managing director of a firm in Texas. H...
The 411 from Tom Hood on the future of finance
27 Jul 2022
Contributed by Lukas
The role shift of the finance function was accelerated by the pandemic, and CFOs and controllers continue to adapt to provide value for their organiza...
Breaking down the top issues facing CPA firms
21 Jul 2022
Contributed by Lukas
IRS service issues are a top concern for firms small and large, according to results of the 2022 AICPA Private Companies Practice Section (PCPS) CPA F...
2024 CPA Exam Blueprints: The trends driving proposed changes
19 Jul 2022
Contributed by Lukas
Today's CPA devotes time and energy to focus on areas not even in existence a generation ago. As a result of technology and other changes in business,...
A suitably summer story: One CPA's travel quest
14 Jul 2022
Contributed by Lukas
Tim Keefe, CPA, CGMA, is continuing a family tradition in the profession. His grandfather, father, and two siblings have been accountants. Keefe has w...
The state of risk oversight: Why structure but also agility matter
12 Jul 2022
Contributed by Lukas
Risk management came to the forefront for many organizations during the Great Recession. Now, in the midst of the Great Resignation and other highly d...
From the archives: How purpose can play a bigger role in business
30 Jun 2022
Contributed by Lukas
Harvard Business School professor and author Ranjay Gulati says that sentiment is growing among business leaders that companies have a larger role to ...
From the archives: Lessons learned after a multibillion-dollar fraud
28 Jun 2022
Contributed by Lukas
Aaron Beam became a millionaire in the 1980s as a corporate CFO, but his story is a cautionary tale. In this episode of the podcast, Beam discusses hi...
How the Great Resignation has affected the accounting profession
24 Jun 2022
Contributed by Lukas
In her role at the International Federation of Accountants (IFAC), Kristy Illuzzi, CPA, CGMA, works with small and midsize entities, including CPA fir...
A conversation with new AICPA Chair Anoop Natwar Mehta
21 Jun 2022
Contributed by Lukas
For Anoop Natwar Mehta, CPA, CGMA, the path to becoming chair of the AICPA board of directors might not seem traditional. First, he hasn't worked for ...
'What of this should I bring back to my people?': Highlights from ENGAGE
16 Jun 2022
Contributed by Lukas
AICPA & CIMA ENGAGE 22 emcee Jill Schlesinger, a CBS News business analyst, reviews some of the top moments from the event last week in Las Vegas. Sch...
Tax update: S elections, PTE, and Sec. 1202
15 Jun 2022
Contributed by Lukas
Fellow tax podcaster Damien R. Martin, CPA, (Simply Tax) perhaps put it best on Twitter: "No one can rap 1202 like Master Nitti." Martin was referring...
How to build your 'performance currency' and how to avoid the 'Dirty Dozen'
09 Jun 2022
Contributed by Lukas
Carla Harris is an author, speaker, and executive with Morgan Stanley, and she was one of the keynote speakers at AICPA & CIMA ENGAGE 2022. In this ep...
Tips for firms implementing quality management standards
07 Jun 2022
Contributed by Lukas
The AICPA Auditing Standards Board (ASB) voted in May to approve new quality management standards. In this episode, Sara Lord, CPA, the chair of the A...
5 trends driving the importance of understanding ESG
02 Jun 2022
Contributed by Lukas
On May 24 in New York, the AICPA and CPA.com hosted the inaugural ESG Symposium, bringing together a group of accounting leaders, investors, standard ...
An interest in flight, a path to CFO: 'All about determination'
31 May 2022
Contributed by Lukas
J'Maine Chubb, CPA, CGMA, studied avionics in high school and also took an interest in a law career. He followed a familial career path, however, beco...
'You can't transform without missteps': A CPA leader's career advice
26 May 2022
Contributed by Lukas
About three years ago on the Journal of Accountancy podcast, Lindsay Stevenson, CPA, CGMA, spoke about how to get over fearful moments in our careers....
Reevaluate metrics in pursuit of innovation
24 May 2022
Contributed by Lukas
Amy Radin, the author of The Change Maker's Playbook: How to Seek, Seed and Scale Innovation in Any Company, serves on the board of directors for the ...
Burnout's telltale signs and how leaders can better understand them
19 May 2022
Contributed by Lukas
Burnout at work was a concern even before the COVID-19 pandemic quickly left so many people isolated. The components of burnout are heightened now, ac...
Why a busy-season debrief has value, and why it's not just for tax teams
17 May 2022
Contributed by Lukas
How soon is too soon to have a debrief after busy season? And what should be the goal of such a debrief? Those topics are addressed in a special cross...
A finance transformation case study, plus a news roundup
12 May 2022
Contributed by Lukas
This episode of the podcast focuses on a busy week in news and a story of finance transformation in action. Janis Parthun, CPA, and Steve McKechnie, l...
Helping build a better tax system
10 May 2022
Contributed by Lukas
Because of their training and experience, CPAs are rightly considered the foremost providers of tax services to taxpayers. Some CPAs also serve the ta...
CPA tech talk: When it comes to transformation, where do you start?
05 May 2022
Contributed by Lukas
Donny Shimamoto, CPA/CITP, CGMA, is one of two accounting firm leaders presenting at AICPA & CIMA ENGAGE on where to begin when it comes to starting a...
Mental health matters: How asking the right questions can help
03 May 2022
Contributed by Lukas
May is Mental Health Awareness Month, and it's the focus of this episode of the Journal of Accountancy podcast. Kari Hipsak, CPA, CGMA, senior manager...
What CPAs should know, and ask, about NFTs
28 Apr 2022
Contributed by Lukas
Sean Stein Smith, CPA, CGMA, DBA, is speaking June 7 at AICPA & CIMA ENGAGE on the blockchain ecosystem. Nonfungible tokens (NFTs) are a part of that ...
Hard at times but also rewarding: A CPA's career leap to India
26 Apr 2022
Contributed by Lukas
Sandi Matthews, CPA, CGMA, was ready for a new adventure when she was hired in 2018 as an accounting manager for not-for-profit Khan Academy. It was n...
The invaluable sounding board: Learning from other CFOs
21 Apr 2022
Contributed by Lukas
Denise Dettingmeijer, CFO of Randstad North America, is part of a panel discussion at AICPA & CIMA ENGAGE in June in Las Vegas. In this podcast episod...
ENGAGE emcee: Why inflation could cause retirement U-turns
19 Apr 2022
Contributed by Lukas
Jill Schlesinger, a CBS News business analyst, author, and podcast host, built her brand as a purveyor of financial advice in part through radio call-...
The power of belief — and how it differs from arrogance
14 Apr 2022
Contributed by Lukas
"If anybody wants to accomplish anything, at some point, they have to believe it's possible." Those are the words of this episode's guest, mental perf...
The value of asking the question, 'What brings you joy?'
12 Apr 2022
Contributed by Lukas
John Garrett is rarely at a loss for words. A former CPA turned stand-up comic, Garrett these days is a speaker, podcast host, and author, and he's a ...
CPA Q&A: Parenthood in the pandemic and finance purpose statements
07 Apr 2022
Contributed by Lukas
Floyd Amuchie, CPA, has been the corporate controller at Virgin Galactic, the space travel company, for about a year. In this episode, Amuchie discuss...
Co-creating the future of finance: A leadership group's quest
05 Apr 2022
Contributed by Lukas
CFOs and other finance leaders "are all on the same quest" to transform finance into more of a value partner, according to Tom Hood, CPA/CITP, CGMA, e...
FP&A: A new niche — and an expanded definition
31 Mar 2022
Contributed by Lukas
Chris Ortega is speaking on multiple topics at AICPA & CIMA ENGAGE in June. One topic is a guide for CFOs on people and process optimization. Ortega, ...
Audit transformation: Automation is one small step in the journey
29 Mar 2022
Contributed by Lukas
Transformation of the audit goes beyond simply automating rote tasks, as Amy Pawlicki, vice president–Assurance and Advisory Innovation at the Assoc...
New strategies to grow the profession's pipeline
24 Mar 2022
Contributed by Lukas
In the midst of the Great Resignation, organizations need continued vigilance when it comes to recruiting job candidates. As it relates to the hiring ...
Advice for building strong personal connections in a hybrid world
22 Mar 2022
Contributed by Lukas
Steven Harris was not always the outgoing firm leader he is today. Harris, the subject of The Last Word in the March issue of the Journal of Accounta...
Not-for-profit audits in a remote world, plus IRS news
17 Mar 2022
Contributed by Lukas
A rapid shift to auditing remotely was especially challenging for CPAs who audited not-for-profit entities. Those NFPs might not have had top-of-the-l...
Grappling with Schedules K-2 and K-3
16 Mar 2022
Contributed by Lukas
K-2 — isn't that a mountain? K2 is, but to tax professionals and with the hyphen, it's Partners' Distributive Share Items — International (and, fo...
Recruiting, flexible working, and tax season issues for small firms
15 Mar 2022
Contributed by Lukas
Some issues facing small CPA firms are the same as those facing large firms or other organizations — talent retention, change management, and more. ...
The power of technology to change how CPAs think about value
10 Mar 2022
Contributed by Lukas
Amy Vetter, CPA/CITP, CGMA, wrote in 2021 that advanced technology for CPA firms was no longer a nice-to-have option; it's a requirement. Vetter shar...
How to make sure your organization is empowering women
08 Mar 2022
Contributed by Lukas
Tuesday, March 8, is International Women's Day. To celebrate the day, the guest on this podcast episode is Kimberly Ellison-Taylor, CPA, CGMA, the fou...
The reasons for positive economic sentiment — and why that could change
03 Mar 2022
Contributed by Lukas
CPA decision-makers in business and industry in the United States maintained an overall positive outlook for their organizations, but plenty of factor...
PowerPoint rules to live by
01 Mar 2022
Contributed by Lukas
How many slides should be in a PowerPoint presentation? What are some steps to ensure your presentation has a consistent format? Byron Patrick, CPA/CI...
The value of clear, concise written communication
24 Feb 2022
Contributed by Lukas
Robin Thieme, CPA/CITP, CGMA, the CEO and founder of KBS CFO, was consulting remotely well before she was forced to do so by the COVID-19 pandemic, so...
Firm ownership can be intimidating; here's how to overcome those fears
22 Feb 2022
Contributed by Lukas
In the February edition of The Last Word, Ozlem Davis, CPA/CFF, alluded to some aspects of firm ownership as being "scary." In this podcast episode, s...
Gratitude: How a helping hand can spark a great career
17 Feb 2022
Contributed by Lukas
Calvin Harris, CPA, senior vice president of finance and CFO of the National Urban League, says he would not be in the position he is in today without...
The value of 'connection to the mission' for one not-for-profit CFO
15 Feb 2022
Contributed by Lukas
Calvin Harris, CPA, the CFO of the National Urban League, is the Journal of Accountancy podcast guest for a two-part conversation this week. In this f...
IRS service issues: What a coalition of tax pros seeks to change
10 Feb 2022
Contributed by Lukas
Tax season is well underway, and the AICPA is part of a coalition asking for the IRS to make tax filing go smoother. The coalition has made recommenda...
What CAS practice leaders should focus on in 2022 and beyond
08 Feb 2022
Contributed by Lukas
"We have to focus on culture," says Jennifer Wilson, partner and co-founder of Convergence Coaching LLC. She's talking about firm leaders and how they...
A blockchain glossary, the CPA firm of the future, and Excel malware
03 Feb 2022
Contributed by Lukas
Two CPAs are featured in this episode, which also highlights news of a rapid rise in malware attacks related to Microsoft Excel add-ins. First, Di Kru...
The 3 components of burnout, and why they are heightened now
01 Feb 2022
Contributed by Lukas
As humans, "we are wired to see change as a warning sign of danger," says Britt Andreatta, Ph.D. Andreatta is the author of Wired to Resist and other ...
Sales tax: Nearly 4 years after Wayfair, what's on the horizon
27 Jan 2022
Contributed by Lukas
Sales tax compliance is complicated and ever-changing. Diane Yetter, CPA, the president of Yetter Tax and the Sales Tax Institute, shares knowledge on...
What one CPA calls 'the best job in the world'
25 Jan 2022
Contributed by Lukas
Nancy Bagranoff, CPA, DBA, didn't think she was going to become an accountant. But a General Electric training program opened doors for her, and she l...
Grow yourself, others, and the business: Q&A with a Nike leader
20 Jan 2022
Contributed by Lukas
Favorite books, a craving for constant change, and building a finance "powerhouse" — all of those topics and more are part of this interview with Ta...
Developing empathy and why it's OK not to have all the answers
18 Jan 2022
Contributed by Lukas
Ginnie Carlier, CPA, EY's Americas vice chair for Talent, says that leadership's focus has expanded beyond four walls and into being understanding of ...
The difference between managing change and change management
13 Jan 2022
Contributed by Lukas
One key to implementing change initiatives is understanding the why and what problem you're trying to solve, according to Jennifer Elder, CPA/CFF, CGM...
The CPA profession's 'really interesting inflection point'
11 Jan 2022
Contributed by Lukas
Pascal Finette, an entrepreneur and consultant, recently spoke at the Digital CPA Conference and the Future of Finance Summit in Nashville, Tenn. In t...
Why a CFO needs to wear two hats
06 Jan 2022
Contributed by Lukas
James Miln, ACMA, CGMA, a finance executive at Yelp, identified several key takeaways from the recent Future of Finance Summit in Nashville, Tenn., wh...
A PPP loan forgiveness update and one CPA's 2021 reflection
21 Dec 2021
Contributed by Lukas
This is the Journal of Accountancy podcast's last episode of 2021. The guests in this episode are Lisa Simpson, CPA, CGMA, vice president–Firm Servi...
A junior-high dream realized: One CPA leader's career path
16 Dec 2021
Contributed by Lukas
December's Last Word feature subject in the Journal of Accountancy is Amish Mehta, CPA, partner and nonprofit practice leader at the accounting firm F...
CPA leader takeaways: Listening, self-awareness, flipping the pyramid
14 Dec 2021
Contributed by Lukas
A group of finance leaders took an inward focus at the recent Future of Finance Summit in Nashville, Tenn. They also explored their vision for the fin...
Inflation and talent: 2 top headwinds facing business in 2022
10 Dec 2021
Contributed by Lukas
New challenges are emerging for businesses in the United States and old challenges are persisting, according to finance decision-makers in a recent q...
Digital assets: Auditing, accounting, and what's next
03 Dec 2021
Contributed by Lukas
Accounting for and auditing of digital assets is evolving quickly. This episode passes on guidance from a CPA leader on the topic. Amy Steele, CPA, is...
Career advice and RPA tips from CPA leaders
18 Nov 2021
Contributed by Lukas
Hear from CPAs Maxene Bardwell and Jim Bourke in this week's episode. Bardwell, the subject of The Last Word in the November issue of the Journal of A...
Infrastructure analysis: The ERC's end, and what's next
11 Nov 2021
Contributed by Lukas
Ed Karl, CPA, CGMA, the AICPA's vice president–Tax Policy & Advocacy, has followed infrastructure legislation closely. The Infrastructure Investment...
"What's our biggest risk?" Why the answer is changing
04 Nov 2021
Contributed by Lukas
Companies are still trying to find their way about 20 months after the onset of the COVID-19 pandemic. Their enterprise risk management (ERM) efforts ...
One firm's succession planning success story
28 Oct 2021
Contributed by Lukas
The Journal of Accountancy's October cover story shares how one firm approaches succession planning. REDW is a top 200 firm with offices in Phoenix, A...
Hiring for culture: How to find the best staff for your firm
22 Oct 2021
Contributed by Lukas
Staff who aren't a good fit for your firm's culture aren't likely to stay long. In this second part of a two-part podcast, Guy Gage, founder of consul...
The 4 pillars of starting or growing a CAS practice
21 Oct 2021
Contributed by Lukas
Client advisory services (CAS) practices are growing rapidly, and Kalil Merhib, the vice president of Sales and Client Services for CPA.com, has detai...
What type of culture does your firm have?
18 Oct 2021
Contributed by Lukas
Having a good grasp of your organizational culture can help you hire the right people and adopt the right approach to change. But determining what typ...
A CPA leader's approach to changing check-the-box training
14 Oct 2021
Contributed by Lukas
Stephanie Palmertree, CPA, CGMA, saw a need for better continuing professional education at the Mississippi Office of the State Auditor. The speakers ...
Audit evolution in action: Part 3
12 Oct 2021
Contributed by Lukas
Transforming the auditing practice to be more digital requires more than just new tools. It also means a shift in mindset for firms serious about taki...
Peer review: Advancing clarity and remote procedures
07 Oct 2021
Contributed by Lukas
The AICPA Peer Review Board recently issued an exposure draft that includes proposed changes to AICPA standards for reporting on and performing peer r...
Year-end tax planning advice and a grammar quiz
30 Sep 2021
Contributed by Lukas
Tax practitioners haven't had it easy, with pandemic-related delays and legislative changes in the middle of tax season making their jobs more difficu...
Prioritization tips, sticky-note strategy, and The Princess Bride
23 Sep 2021
Contributed by Lukas
In the September issue of the Journal of Accountancy, Marie Brilmyer, CPA, said in The Last Word: "I think my greatest challenge has been in figuring ...
Ethics exposure drafts explained; the makings of a good cover letter
16 Sep 2021
Contributed by Lukas
Several ethics-related exposure drafts are in focus in this week's episode. Toni Lee-Andrews, CPA, CGMA, the director of the AICPA's Professional Ethi...
Tax software: What CPAs like and dislike
09 Sep 2021
Contributed by Lukas
For the September issues of The Tax Adviser and the Journal of Accountancy, more than 2,100 tax professionals shared opinions on tax preparation softw...
Inflation worries and a tight labor market lead to a slight dip in optimism
02 Sep 2021
Contributed by Lukas
Although finance executives continue to be bullish about their organizations' economic prospects, inflation and a difficult labor market are causing c...
Updating quality management standards: What auditors need to know
26 Aug 2021
Contributed by Lukas
There are two committees working on developing new quality management standards for auditors. Neil Amato talks to Sara Lord, CPA, the chair of one of ...
The key tax provisions of the Senate infrastructure bill
19 Aug 2021
Contributed by Lukas
The Senate recently passed a $1 trillion infrastructure bill, which includes several tax provisions being monitored by the AICPA. Ed Karl, CPA, CGMA, ...
Better remote job interviews and ERC updates
12 Aug 2021
Contributed by Lukas
In the July issue of the Journal of Accountancy, Carrie Kruse, CPA, CGMA, the economic development administrator for the city of Des Moines, Iowa, wro...
Fraud advice and more on the value of client advisory services
05 Aug 2021
Contributed by Lukas
Businesses' approach to fraud and internal controls has undergone drastic change as a result of the pandemic. Danielle Supkis Cheek, CPA/CITP, CGMA, t...
Lessons in building the accounting pipeline from ENGAGE 2021
29 Jul 2021
Contributed by Lukas
This week's podcast episode brings together the voices of three presenters at AICPA & CIMA ENGAGE 2021. One common theme in their interviews is the ta...
Audit evolution in action: Part 2
28 Jul 2021
Contributed by Lukas
The auditing profession was already in the midst of transformation, thanks to technological advances and other factors. Then, the COVID-19 pandemic ca...
Cybersecurity advisory opportunities for firms of all sizes
22 Jul 2021
Contributed by Lukas
Cybersecurity is a rapidly expanding opportunity for firms to offer advisory services. In a preview of an ENGAGE 2021 panel, Journal of Accountancy se...
At 2021's midpoint, what's on the minds of CFOs?
15 Jul 2021
Contributed by Lukas
CFOs have reasons to be positive, but they also have several reasons to be concerned. Ways of working are changing, with employees seeking to continue...
Why single-audit demand is rising; an update on tax preparer legislation
08 Jul 2021
Contributed by Lukas
The number of organizations needing single audits has risen dramatically in the past year. Why? Deetra Watson, CPA, CGMA, an accounting firm principal...
Accounting as a STEM career; more on 'Dirty Dozen' tax scams
01 Jul 2021
Contributed by Lukas
The AICPA supports proposed legislation that would categorize accounting as a STEM career, with STEM standing for science, technology, engineering, an...
Audit evolution in action: Part 1
29 Jun 2021
Contributed by Lukas
The auditing profession was already in the midst of transformation, thanks to technological advances and other factors. Then, the COVID-19 pandemic ca...