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Rapid change, uncertainty to remain hallmarks of the profession


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The key tactic for CPA firms moving forward, and also what successfully guided many of them through the pandemic, is strategic prioritization, according to a panel of American Institute of CPAs and CPA.com leaders who led the keynote session Wednesday at the 2021 AICPA Engage conference.
The conference is being hosted in Las Vegas and virtually July 27-29. AICPA chair and panelist Bill Pirolli shared a story of speaking with a firm leader this past year who was overwhelmed with her workload. “It was difficult there in that critical period everything we were doing was critical to clients.” ....

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AICPA, NASBA unveil CPA Evolution curriculum


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The American Institute of CPAs and the National Association of State Boards of Accountancy debuted their CPA Evolution Model Curriculum on Tuesday during a free online launch event.
Representing a joint effort from the AICPA and NASBA, the CPA Evolution model aims to better prepare CPAs with the ever-changing skills and competencies required from modern professionals. The curriculum was developed by the CPA Evolution Model Curriculum Task Forces, consisting of more than 40 volunteers across all facets of the accounting profession. The new competencies will be reflected in the 2024 Uniform CPA Exam.
“A skill set that includes a deep understanding of new and emerging technologies is essential for CPAs entering the profession, said Sue Coffey, CEO of public accounting at the American Institute of CPAs, in a statement. We heard from accounting faculty that they want insight into how to begin transitioning their programs to teach these skills and better pr ....

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