This timely podcast from the New Jersey Society of CPAs covers the latest issues impacting CPAs and accounting professionals in New Jersey. Topics range from legislative initiatives to accounting and auditing updates to economic issues and more.
What happens when two future leaders start their accounting careers at the exact same firm just three days apart? Emerging leaders Matthew Mojica, CPA, and Katilin Vinch, CPA, sat down while they were at the NJCPA Convention & Expo to share real-talk insights on how they survived their first busy season, the number-one soft skill Kait credits for her success, Matt’s candid advice for anyone…
This episode discusses best practices for using artificial intelligence (AI) for accounting and auditing purposes by using the STAR framework: Situation, Task, Appearance and Refine. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano . *** Resources: Writing an effective AI prompt for an audit Accounting and auditing articles and events Join the Accounting &…
New Jersey’s tax environment is always a hot topic, but how are state tax competitiveness rankings actually determined? Janelle Fritts, senior policy analyst at the Tax Foundation, breaks down the principles of sound tax policy, outlines where New Jersey ranks across key tax categories compared to neighboring states and shares practical, realistic steps lawmakers can take to improve the state's…
Consistency is key. This episode covers three new developments all seeking to create consistence in accounting and auditing regulations. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano . *** Resources: June 2026 Accounting & Auditing Update 2026 Proposed Changes to the Uniform Guidance PEEC seeks input on proposed revisions to ‘public interest entity’…
Sarah Krom, managing partner of SKC & Co. CPAs, and Aiysha (AJ) Johnson, CEO and executive director of the NJCPA, exchange insights on career growth, daily productivity habits, essential soft skills and what lies ahead in their 10-year visions. Tune in for practical wisdom and reflection from two leading professionals. And, in the lightening round, find out what animal AJ would be, whether Sarah…
With so much AI development going on, companies need to understand how to apply accounting rules. There are existing accounting frameworks under U.S. GAAP that are relevant, but the challenge is applying them to AI. There are grey areas and questions that need to be answered. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano . *** Resources: Accounting for AI…
Minutes before the July 1 deadline, Governor Sherrill signed a major new state budget. Is it actually the breath of fresh air New Jersey businesses have been waiting for? Budget expert Chris Emigholz dissects the massive $60.7 billion spending plan, including new revenue raisers and business fees, changes to the STAY NJ program, last-minute budget add-ons and more. Topics discussed: Overall…
AICPA system and organization controls (SOC) reporting has become a cornerstone of trust in today’s technology-driven market. But does too much reliance on SOC 2 reports create a false sense of security? This episode discusses why over-reliance can be risky. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano . *** Resources: AICPA guides peer reviewers to…
Jerry Maginnis is back with us to provide advice to those pursuing a career in accounting. The second edition of his book, Advice for a Successful Career in the Accounting Profession: How to Make Your Assets Greatly Exceed Your Liabilities, has new sections on how AI and private equity impact accounting careers, the importance of understanding the history of accounting, and more. Topics discussed:…
This episode, which was recorded live at the NJCPA Convention & Expo, covers parts 2 and 3 of the AICPA’s proposed changes to attestation standards. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano . *** Resources: AICPA exposure drafts of proposed SASs, SSAEs ad SQMSs Accounting and auditing articles and events Join the Accounting & Auditing Standards…
We’re exploring practical ways for accounting firms, especially smaller practices, to operationalize and navigate the monitoring process mandated by Statement on Quality Management Standards (SQMS) No. 1. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano . *** Resources: How to monitor a firm’s system of quality management Accounting and auditing articles and…