today's cpa

March-April 2023

FEATURED ARTICLE

Chair's Message

A special supplement focused on women in leadership is part of this issue of the magazine. Several successful female Texas CPAs share advice with other women who want to take leadership roles at their firms, businesses and in the profession.

Is Accounting a STEM Field? Why It Matters

The idea that accounting should be considered STEM may initially be surprising but upon delving into the logic and the evolution of the field, there is solid justification for the classification.

Digital Currencies and Taxes Virtual Currency and Taxes

Though Congress and the IRS have tried to rein in and make taxpayers more accountable for trading in virtual currency, it is still an area where practitioners lack good guidance.

Colorful Technology Improving Your Technology Stack

Quickly expanding technology options don't make it easy to align devices and software in an efficient way that makes sense for your business. This article offers five approaches to help decision makers discover new cost-effective solutions in the market.

capitolbldg The 2023 Legislative Session – Back to Normal?

Our advocacy efforts in the Texas Legislature are focused on the CPA pipeline. Proposed legislation would allow students and CPA candidates to begin taking the CPA Exam after completion of 120 hours, rather than needing to wait until finishing all 150 semester hours before testing.

SPAC SPAC Transactions: Risk of Goodwill Impairments Post de-SPAC

Access to equity capital markets is critical for companies in the high-growth phase. Special Purpose Acquisition Companies (SPACs) are publicly traded shell companies that provide a way for private companies to become public. This article focuses on an unintended consequence that post de-SPAC companies may encounter with goodwill.

Question Mark What Changes Are Coming to the 2024 CPA Exam?

CPA candidates, practitioners and educators need to be ready for a significantly revised CPA Exam coming in 2024. This overview provides insight into the philosophy behind the Exam structure and its Core and Disciplines sections.

Special Supplement - Women in Leadership

Women have broken barriers and have become leaders in the accounting and finance profession. This special supplement details some of the challenges women face and provides advice on how to build an executive presence despite them.

Executive Roles for Women and Racial and Ethnic Minorities

Trends point to the executive suite gradually becoming more diverse.

Sheila Enriquez, JD, CPA-Houston, CFF, CVA | 2022-2023 TXCPA Chair Women in TXCPA's Leadership

Today's CPA magazine asked a few of our female leaders to share their advice on leadership in the accounting profession.