Tag: CPA

2020 National Cannabis Business Symposium To Be Offered By 20 State CPA Societies October 26-27

BURLINGAME, Calif., Oct. 5, 2020 /PRNewswire/ — California Society of CPAs (CalCPA) and Colorado Society of CPAs (COCPA) announced today that they have collaborated on the development of the 2020 National Cannabis Business Symposium which will take place online, October 26 and 27. The Symposium’s expert speakers will tackle complex federal and state tax, legislative, pandemic and business issues during the two-day event and include CPAs, lawmakers, attorneys, business and association leaders. CalCPA, COCPA and 18 other state CPA societies have partnered to bring this event to accounting and finance professionals across the US who advise cannabis businesses in a $38 billion market.

“Pre-pandemic, cannabis businesses already faced complexity with respect to taxation, regulatory, banking and labor issues,” said Brad Monterio, Chief Learning Officer of CalCPA. “Following months of economic upheaval, mixed with other business challenges and risks, cannabis companies are seeking guidance and advice on navigating these

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ASU’s W. P. Carey School of Business Offers Accountancy Master’s Degree Programs With Data and Analytics Emphasis and CPA Exam Prep

TEMPE, Ariz., Oct. 2, 2020 /PRNewswire/ — The Master of Accountancy (MACC) and Master of Taxation (MTax) programs from the W. P. Carey School of Business at Arizona State University offer a data and analytics emphasis while preparing students to pass the CPA exam before either program ends.

Students can complete the MACC or MTax program in nine months, learning how to navigate today’s highly complex and data-centric audit, tax, and financial consulting environments. Also, thanks to a partnership with Surgent CPA Review, both programs provide an excellent foundation for CPA exam prep, meaning participants and their peers can study for, take, and pass the exam while still in either program. The programs also have been redesigned to allow students to customize the coursework to their specific interests.

“The data and analytics emphasis in our accountancy programs gives new accountants strong analytical skills to be competitive in the industry,

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CPA business execs plan to retain office space, but still allow remote work

Most companies don’t expect to reduce their office space in the coming year, but at the same time they plan to retain the remote work options put in place in response to the novel coronavirus pandemic, according to a survey of CPAs who work as CEOs, CFOs, controllers and other executive leadership positions at companies.

The survey, by the American Institute of CPAs, found that 82 percent of the business executives polled said their companies would not be reducing office space in the year ahead, while 22 percent said they plan to have mainly remote operations in the next 12 months.

The third-quarter AICPA Economic Outlook Survey found that approximately half of the 1,067 respondents said their companies plan to return principally or entirely to traditional onsite operations, provided restrictions are eased or not in place. Another 15 percent said remote work was never an option for them. Nine percent

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Pandemic top economic challenge but the pain is not evenly spread: CPA Canada Business Monitor (Q3 2020)

TORONTO, Sept. 22, 2020 /CNW/ – A majority of Canadian business leaders consider the effects of the COVID-19 pandemic the number one challenge hindering the country’s economic growth, according to a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada).

About half (52 per cent) of respondents cited the pandemic fall out as the top economic challenge; much greater than the next identified factor. However, the findings of the latest CPA Canada Business Monitor (Q3 2020) also revealed that not all businesses are feeling the pain. While the majority of professional accountants in leadership positions surveyed (58 per cent) reported decreased revenues for their organizations since the start of the pandemic, 20 per cent also reported unchanged revenues while 21 per cent reported increased revenues.

Optimism among the survey participants regarding the Canadian economy sits at 17 per cent which is  dwarfed by those expressing a pessimistic

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