Law & Ethics

Document Retention Rules for Accounting Firms
 

Document Retention Rules for Accounting Firms

Posted: February 21, 2019
The AICPA has provided a this comprehensive article, sample retention policy and sample schedule of retention periods related to tax files and records.

Are You Really Able to Use the Term CPA?
 

Are You Really Able to Use the Term CPA?

Posted: February 14, 2019
If your CPA license is inactive, expired, or was issued in a state other than the one where you live or work, you may not be able to use the term "CPA" alongside your name.


Bill Updating New Jersey
 

Bill Updating New Jersey's Accountancy Statute Signed Into Law

Posted: January 31, 2019
Legislation that updates the statute governing the CPA profession in New Jersey was signed into law today by Governor Phil Murphy. Changes include an update to the definition of attest, firm mobility improvements and CPE reciprocity.

Three Ways to Keep Up with Standards
 

Three Ways to Keep Up with Standards

Posted: January 18, 2019
The accounting profession is controlled by standards, and regardless of our viewpoints, adhering to these standards is integral to any practice management plan. To keep up, firms can conduct inhouse seminars throughout the year and encourage staff to join NJCPA interest groups or other professional groups that offer CPE programs.

State Board of Accountancy Proposes New Rules
 

State Board of Accountancy Proposes New Rules

Posted: January 11, 2019
Proposed regulations to overhaul and update all of the New Jersey State Board of Accountancy’s regulations have been published in the New Jersey Register. Comments are due by March 8.

Record Retention for Tax Return Preparers
 

Record Retention for Tax Return Preparers

Posted: November 19, 2018
The rules on record retention can be complex. It's important to stay up to date on federal, New Jersey and New York record retention requirements and recommendations for tax preparers.

Maintaining Independence During the Client Lifecycle
 

Maintaining Independence During the Client Lifecycle

Posted: February 12, 2018
Building a long-term relationship with a client no longer consists of just sending an engagement letter, preparing the financials and issuing the opinion letter. Rather, it is now a strategic process of the long-term implications of the life cycle of services needed by the client.


Update on Commissions and Contingent Fees
 

Update on Commissions and Contingent Fees

Posted: July 31, 2017
Even though it has been almost 30 years since these rules changed in New Jersey, there is still a healthy fear of commission and contingent fee arrangements among the state’s CPAs. Here are some recent changes and major issues to be aware of.

Learn more about the Law and Ethics CPE requirement for New Jersey CPAs and view a list of upcoming courses.