News & Updates

The “AI arms race” has created a hiring system that moves faster than ever but with far less clarity.

When transformation fatigue sets in, the risk isn’t just slowed progress. It’s stalled initiatives, disengaged teams, and missed opportunities to evolve in ways that actually strengthen a firm or finance department.

Three experts provide real-life use cases demonstrating AI and automation in finance and offer advice on costs, employee buy-in, and enabling all to learn.

On May 5, 2026, Anthropic announced it is releasing 10 ready-to-run agent templates for the most time-consuming work in financial services: building pitchbooks, screening KYC files, and closing the books at month-end.

Hiring accountants is supposed to be a rational, evidence‑driven exercise. You look for accuracy, analytical strength, reliability, integrity, judgment. Yet before a candidate even opens their laptop for a skills test, something else has already taken the wheel: Your first impression.

On May 5, 2026, the SEC proposed amendments that would give public companies the option of filing semiannual reports in lieu of quarterly reports.

New regulations going into effect July 1 put annual and lifetime caps on federal student loans and create new guidelines for repayment. Graduate students in accounting, engineering, nursing, and a host of other professions are subject to an annual borrowing limit of $20,500, with an aggregate lifetime limit of $100,000.

A new VSCPA Board of Directors statement reaffirms the importance of the CPA designation by encouraging continued and appropriate use of the CPA title as the profession evolves.

While there are countless areas where data analytics can be applied, three are particularly well suited to CPAs.

Municipal financial advisors play an important, but often under-examined, role in how state and local governments access financial markets.

Concerns about workforce and data readiness are commonly cited for AI initiatives failing to substantially boost company bottom lines, but a recent survey of nearly 1,000 business leaders revealed an unexpected leading cause — and a lack of response to that cause.

Common symptoms of chronic stress and burnout are increasingly impacting white-collar workers, especially those in the accounting profession.

The CPA Exam isn’t just a test of book smarts -- it's also a test of grit. It’s about how you manage yourself through the hard times, and there will be hard times. You must ask yourself how willing are you to persist when you’re tired, burnt out, or unsure of success.

Traditional pathways, rigid expectations and outdated workplace norms are no longer sustainable in an environment where younger professionals are seeking meaningful work, transparent leadership and flexible structures. Creating a future-ready workplace requires more than just adjusting policies, it demands a deliberate cultural shift.

Opportunities to use AI are expanding. As vendors add AI features, firms face a familiar challenge: adopting useful innovation while managing risk. Due diligence is not optional. The real question is: How much diligence is enough for this situation?

The accounting profession is amid a seismic shift. Private equity (PE) is reshaping firm ownership structures, consolidation is reaching down to smaller firms, and partners nearing retirement are asking: Who will take care of my clients?

VSCPA member Lisa Germano, JD, CPA, will write a standing Disclosures column on retirement planning literacy. Here, she discusses her interest in financial planning and the biggest misconceptions she sees.

For almost 25 years, Virginia taxpayers have been able to purchase Land Preservation Tax Credits at a discount in the marketplace to save on their Virginia income tax liability. However, despite the passage of time, some professionals are still unfamiliar with the program.

Savings could be around the corner for CFOs who invest more of their budgets in technology upgrades, the results of a new survey suggest.

The VSCPA responded to the exposure draft issued by the AICPA Professional Ethics Division, Proposed Revisions Related to Alternative Practice Structures.