NJCPA Focus

NJCPA Focus is an informative blog that discusses timely issues, trends and developments in the accounting industry from NJCPA members, staff and other professionals. 

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    Key Ways to Boost Your Virtual Connection Points

    Posted: October 30, 2020
    CPAs need to continue finding innovative ways to virtually connect with colleagues, targets and clients. Why? Because mastering virtual events can have a significant impact on long-term growth, facilitating important connections and bringing prospects back for more. ​
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    Why More Ph.D.s in Accounting Can Help Diversify the Profession

    Posted: October 1, 2020
    Increasing the number of diverse accounting professionals with Ph.D.s — individuals committed to teaching at colleges and universities — is one strategy that can have a major impact on what the profession looks like in the future.
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    The SBA’s Latest Guidance Analyzed: Why Borrowers May Have to Rethink Their Approach to Loan Forgiveness

    Posted: September 2, 2020
    The SBA issued another Interim Final Rule, effective as of Aug. 25, defining who is an owner-employee of a C corporation or S corporation, and whether certain non-payroll costs involving transactions with related parties are eligible for loan forgiveness. These two areas have been of great concern to borrowers and their advisors. Here are some considerations.
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    12 Basic Concepts Accounting Graduates Need to Know

    Posted: August 31, 2020
    As business becomes more global and regulated, the amount and complexity of knowledge required of accountants continues to increase. It’s helpful for accounting students to become aware of the essentials in our profession so they can see that there is a method to this madness of detail. In academia, the notion of “threshold concepts” has gained popularity. Here are threshold concepts that are most useful.
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    Public-Permissioned Blockchains: What CPAs Need to Know

    Posted: August 25, 2020
    Public blockchains, in and of themselves, might not be particularly well suited for every business, but that does not mean that public blockchains have no role to play. Those practitioners and firms willing to continuously educate themselves and their clients on the possibilities of public blockchains will benefit now and going forward.
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    Stablecoin: A Cryptocurrency for the Rest of Us

    Posted: July 15, 2020
    A new category of cryptocurrency that pegs its value to a collateralized reserve asset has entered the scene —Stablecoin. In essence, it has all the benefits of a Blockchain-based currency, but its value can be pegged to the U.S. dollar!
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    The Economic Impact of the Coronavirus Pandemic

    Posted: July 2, 2020
    Last month, I hosted an IssuesWatch Live webcast on the short- and long-term impact of the coronavirus pandemic on the nation’s and New Jersey’s economies with two prominent economists, Daniel Bachman from Deloitte and Jim Hughes from Rutgers University. Here are some highlights from our discussion and from Jim's latest report.
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We welcome interest in writing for NJCPA Focus. Please refer to the following guidelines in writing a blog post:

  • Have no more than 400 words in length.
  • Use bullet points/tips/recommendations, when possible.
  • Link to an objective or independent report or article, if available.
  • Do not sell a product or service.

To submit a blog post for consideration, contact Kathleen Hoffelder, content editor at NJCPA, at khoffelder@njcpa.org. All posts will be entered by NJCPA staff and reposted on social media.