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Twenty-five students from Essex County College’s Division of Business learned first-hand how the accounting profession is more than simply understanding numbers at an NJCPA pipeline initiative event in October at the offices of SAX LLP in Parsippany.

AI and automation tools are not the only types of technology transforming the accounting industry. Cloud computing is continuing to help firms scale and operate in a remote environment while data analytics tools are configuring and leveraging data points faster than ever before.

Financial planning, and specifically the evolving areas of financial wellness and well-being, require that CPAs and accountants remain diligent at growing as professionals in the field. Integrating subjective and objective metrics with a focus on well-being offers a more nuanced understanding of financial wellness.

M&A sell-side transactions require careful planning and a deep understanding of the legal issues involved. CPAs and tax professionals are in a unique position to help companies navigate these complexities, particularly when it comes to managing tax liabilities