Journal of Accountancy Podcast

Latest Episodes:

Open source information and forensic accountants Feb 17, 2020

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Veteran investigator Cynthia Hetherington offers practical tips and guidance on how forensic accountants can use the open source information found on the internet to make themselves smarter, better investigators while staying within privacy laws.

Where accounting really stands with blockchain Feb 03, 2020

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Erik Asgeirsson, president and CEO of CPA.com, and Ron Quaranta, founder and chairman of the Wall Street Blockchain Alliance, examine tax and accounting issues related to cryptoassets and explore assurance opportunities blockchain is creating for accountants.

Sponsored: What's new for QBI? Jan 22, 2020

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Drake Software Vice President of Strategic Development John Sapp, CPA, briefly explains the Sec. 199A qualified business income (QBI) deduction safe harbor rule and Forms 8995 and 8995-A. (Sponsored by Drake Software)

A farewell chat with Tech Q&A author J. Carlton Collins Jan 20, 2020

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After nine years writing our Technology Q&A column, J. Carlton Collins, CPA, decided the end of 2019 was the right time to retire. In this episode, Collins talks about how he came up with the hundreds of technology topics he covered, how he became a good writer, and how he feels about ending his run with our most popular column.

The outlook of finance decision-makers for 2020 Jan 06, 2020

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How long can cautious optimism last for an upward U.S. economy aptly described as "long in the tooth"? This episode delves into the thinking of CPA decision-makers.

Humpty Dumpty meets the tax code Dec 23, 2019

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In the world of tax law, words have statutorily set definitions or are interpreted by judges using precedent and reason. Annette Nellen, Esq., CPA, CGMA, walks us through four recent decisions by the U.S. Tax Court to show how the precise application of a word or phrase can make a world of difference.

You might be a tax shelter if … Dec 18, 2019

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The Tax Cuts and Jobs Act made tax accounting easier for many businesses with average annual gross receipts of $25 million or less (inflation-adjusted to $26 million for 2019). The benefits include the cash method of accounting, exemption from UNICAP rules, exemption from some inventory accounting requirements, and more. But an "exception to the exceptions" denies these advantages to tax shelters, including "syndicates." Chris Hesse, chair of the AICPA's Tax Executive Committee, reveals where the traps lie.

What's next for potential CPA licensure changes Dec 16, 2019

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What's the latest on a new licensure model proposed by the National Association of State Boards of Accountancy and the AICPA? This podcast episode gets you caught up.

5 steps to a successful sale Nov 25, 2019

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With mergers-and-acquisitions activity on the upswing and Baby Boomers retiring in large numbers, many owners are now looking to exit their businesses. Fentress Seagroves, deals partner for the U.S. with PwC, outlines the steps business owners can take to ensure a successful transition and discusses the many ways CPAs can support them during this process.

How the CPA Exam is poised to change Nov 18, 2019

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New technologies with the power to reshape accounting, such as data analytics, are emerging all the time. Rich Gallagher, CPA, senior director of content for the AICPA Examinations team, explains how the CPA Exam is able to keep up with such changes.