The New Jersey Society of CPAs (NJCPA) hosted CPA Day at the State Capital: Advocacy Reimagined on Oct. 28, which included meetings with key lawmakers at the State House and a luncheon at the Historic Trenton Masonic Temple.

Accounting firms and CFOs face unique challenges and oppor­tunities, necessitating a shift in leadership strategies. Transformational leadership — a model emphasizing vision, inspiration and change — is well-suited to navigate these complexities.

Succession planning should be an everyday event, not a series of events taking place just prior to partner retirements. By running their practices as a business, accounting firms can achieve financial stability, operational efficiency and strategic growth.