News & Updates

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Traditional pathways, rigid expectations and outdated workplace norms are no longer sustainable in an environment where younger professionals are seeking meaningful work, transparent leadership and flexible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.

A Financial Literacy Month survey conducted by The Harris Poll on behalf of the AICPA shows that while a large number of Americans (78%) report that they do have money set aside in a savings/emergency fund to cover living expenses, savings by adults ages 45-54 and women is lagging.

A House committee voted to repeal beneficial ownership information (BOI) reporting by domestic companies, leaving only foreign-owned companies covered by the requirement.

Imagine you hired a new intern named Al. Al is a prodigy. He can digest a 500-page tax code update in seconds, draft a firm email to a difficult client in a heartbeat and reorganize complex datasets before you’ve even found your coffee mug. But Al has issues.

Cognitive bias is often treated as a theoretical concern, yet its influence on accounting, finance and leadership decision-making is both practical and pervasive.

On April 23, 2026, the U.S. Department of the Treasury announced the IRS plans to revise the Form 990 to improve transparency, strengthen tax administration, and provide clearer reporting on certain activities of tax-exempt organizations.