23 min listen
Podcast part 1: Melancon on news and trends affecting CPAs
Podcast part 1: Melancon on news and trends affecting CPAs
ratings:
Length:
22 minutes
Released:
Dec 14, 2023
Format:
Podcast episode
Description
Barry Melancon, CPA, CGMA, the CEO of AICPA & CIMA, joins the show this week for the first part of a two-part conversation on the state of the profession and what CPA can expect in 2024 on several fronts. Melancon details concerns about a potential IRS shutdown in tax season, the state of ESG reporting and regulation, how elections could play out, and why the threats to CPA licensure are real. Part 2 of the conversation will be published in an early January episode of the JofA podcast. What you’ll learn from this episode: · Melancon’s one word that sums up the state of the profession looking ahead to the new year. · An overview of two major issues affecting CPAs: the moratorium on employee retention credit claims and requirements for beneficial ownership information reporting. · The “significant service implications” of a potential government shutdown related to the IRS. · Why legislation in Europe and California will have an effect on ESG reporting, even for businesses outside those areas and regardless of any SEC action on ESG. · Melancon’s assessment of “the art of compromise” in Washington. · The reasons CPA licensure is so important.
Released:
Dec 14, 2023
Format:
Podcast episode
Titles in the series (100)
Tax reform: What CPAs need to know about the latest developments: Tax reform is the hot topic in Washington right now. In this episode of the podcast, which was re... by Journal of Accountancy Podcast