It is important as CPAs that we look to be industry leaders and embrace change as a profession. The next generation of CPAs is counting on us.

When serving as an expert witness, practitioners need to be aware of the professional and legal requirements in the development and preparation of their report and expert witness testimony. This is especially the case in light of various challenges that can come up.

As persistent understaffing and greater pressures to report financial data increase in the accounting industry, accounting optimization and transformation is a viable solution. Several strategies can be implemented as best practices.