The CPA path is new to me. Despite that, I feel a peace and comfort from being with people that share the same interests, passions, and goals. Being at the Women’s Leadership Summit reminded that I am ever closer to meeting my CPA goals, and that I have found a career in which I feel at home. Here are the ideas I took away from the Summit.

Fall recruiting will be upon us faster than you can say “meet the firms.” You’ll need to be prepared to give your résumé to any stranger at a moment’s notice. Should you make yours pink and scented à la Elle Woods? Optional, but I don’t recommend it. Should you update it? Absolutely. Achieve fall résumé readiness with these tips.

At the Public Rules Hearing held July 26, 2019, the Washington State Board of Accountancy approved changes to five rules and adopted one new rule. The purpose of the rule changes was to incorporate aspects of the Uniform Accountancy Act (UAA) CPE model rules and reorganize the CPE requirements between the various CPE rule sections for clarity. Read on for those rule changes.

Throughout 2019, not-for-profit entities (NFPs) are implementing ASU No. 2016-14, Presentation of Financial Statements of Not-for-Profit Entities. ASU No. 2016-14 allows flexibility in how and where certain information is presented. Recently, I reviewed the audited financial statements for 20 NFPs which have implemented ASU No. 2016-14 to see the choices they are making.

CPA firms are experiencing an uptick in clients trying to embed indemnification and/or hold-harmless clauses in various agreements with the firms. Many of the clauses are inappropriate for CPA services or are overly broad, even to the point of shifting all liability to the CPA firms. Here are some considerations to weigh before agreeing to any such clauses.