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As the profession continues to evolve, the case for majoring in accounting remains solid. For students who want a career that combines analytical thinking, business insight, adaptability and upward mobility, accounting offers a compelling and enduring path.

This year is turning into a landmark year for crypto, and CPAs who act now will define the future of audit and assurance in digital finance. Staying ahead means not only understanding the latest rules, but also clearly guiding clients through them.

Whether CPAs aspire to become CFOs, lead a grants compliance team or serve as a board treasurer for a favorite cause, accounting paves the way. If young CPAs are looking for a way to combine their professional training with purpose, know this: their skills already hold the key.

Beginning in tax year 2025, a new federal tax policy will allow millions of hourly workers to deduct a portion of their overtime pay and cash tips from their taxable income — potentially reducing their annual tax bills by thousands of dollars.

In part 1 of my 2-part article I addressed the key strategies for having a smooth peer review. I now discuss things you can do once the peer review has begun to have it proceed without a hitch.

When accounting firms merge or acquire other firms, or simply entertain the prospect of merging, employees can experience feelings of anticipation, anxiety and fear of the unknown. Managers and firm leadership must balance that with growing the firm.