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The WSCPA will be closed Wednesday, June 19th in observance of Juneteenth.

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Trustee Role and Services

May 27, 2024

How familiar are you with the best practices related to the role of trustee and services provided by a trustee? CAMICO shares two scenarios to help you test your knowledge of the trustee role and services.

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Recruit, Engage and Retain: Create a Workplace Where Your Employees Will Thrive

May 20, 2024

Firms are being pressed into looking for creative ways to attract talent and to retain that talent. And with the cost of onboarding a professional rising to the tens of thousands, firms are eager to maximize their return on investment. Read on for some ways to engage and retain employees.

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Generative Artificial Intelligence Solutions…Understand Your Risks

May 13, 2024

The artificial intelligence (“AI”) solutions such as OpenAI’s ChatGPT continue to gain popularity. Many CPA firms seek to leverage the use of generative AI to accelerate innovation and increase productivity. As the use of any AI technology is very organization specific, CPA firms need to obtain a solid understanding of their needs and objectives and gain an understanding of how AI works before they can begin to identify what, if any, AI opportunities are the right fit for their firm.

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Indemnification Clauses in Client Agreements…the Saga Continues

May 06, 2024

There has been a significant uptick of clients attempting to embed indemnification and/or hold harmless clauses in various documents executed with CPA firms to shift financial liability through contractual apportionment of risk. CAMICO has also noted an increasing trend of clients pushing back on firms’ engagement letters and proposing one-sided indemnification provisions, shifting risk and exposure onto firms beyond what would be deemed reasonable for the scope and limits of the engagement.

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Navigating Leadership Insights from WSCPA Emerging Leaders

April 29, 2024

Daniel Fleming, WSCPA Manager of Membership, recently interviewed several key members of the Emerging Leaders Committee about their vision for the profession's future, how they manage work-life balance, and the support they've received from the WSCPA on their professional journey. Find out what these leaders had to say in the spring issue of The Washington CPA magazine.

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Beyond Borders: The Complexities of CPA Mobility

April 22, 2024

In the latest issue of The Washington CPA magazine, Andrew Brajcich, WSCPA Chair, delves into the complexities of CPA mobility and its role in addressing the pipeline crisis.

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Turning What Ifs into Reality: The Journey Toward Solving the Pipeline Crisis

April 22, 2024

Kimberly Scott, CAE, WSCPA President and CEO, shares her plans as a member of the National Pipeline Advisory Group to tackle the accounting profession's pipeline crisis.

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Updating and Future-Proofing Washington Accountancy Act

April 22, 2024

For the first time in 23 years, the Washington Accountancy Act underwent significant updates on March 7, with the signing of House Bill 1920. The most substantial change in the bill is granting the Washington State Board of Accountancy greater flexibility to evaluate and accept qualifications for CPAs from other jurisdictions to practice in Washington under mobility.

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Renew Your WSCPA Membership for 2024-2025

April 18, 2024

It is WSCPA membership renewal time! Maintain your connection to a supportive community of accounting professionals across the state and keep saving on top-tier CPE and business services. Take just a few minutes to renew today.

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WSCPA Joins AICPA in Letter to Voice Concerns with BOI Rollout and Request Delay of Enforcement

April 16, 2024

In a letter addressed to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), Washington Society of CPAs and the AICPA voiced serious concerns regarding the enforcement of the Beneficial Ownership Information (BOI) reporting requirements.

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Spring Social Circles: Connecting, Collaborating, and Cultivating Relationships

March 12, 2024

Spring 2024 promises a vibrant array of networking events designed to blend professional advancement with lively social interaction. These events offer a refreshing twist on traditional networking. Embrace the chance to expand your circle while enjoying memorable experiences that make networking not only productive but also incredibly fun.

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Tips for Finding and Learning From a Career Mentor

March 11, 2024

Is a mentor really all that valuable, anyway? In a word, yes. Read on for more explanation on why you should find one as well as tips for how to both forge a mentor-mentee relationship as well as get the most out of one.

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Federal Court Ruling on Corporate Transparency Act, BOI Reporting

March 05, 2024

Late last week, a federal district court ruled in the case of National Small Business United v. Yellen. The case was filed by the National Small Business Association, and the court ruled the Corporate Transparency Act (CTA) (which includes the Beneficial Ownership Information [BOI] reporting requirement) unconstitutional.

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New Reporting Requirements: BOI Reports Required by Recent Law

March 04, 2024

The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for fiscal year 2021. Under the CTA, millions of entities must report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN)

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Pipeline survey: Help shape the accounting profession

March 01, 2024

The National Pipeline Advisory Group's national pipeline survey is now open. Your insights will shape profession-wide efforts to tackle the talent shortage and attract more people to a rewarding accounting career.

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Meet the Nominees for the 2024-2025 WSCPA Board of Directors

February 27, 2024

The Board of Directors is pleased to announce the nominees for the Society's 2024-2025 Board of Directors.

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Unlocking Team Potential: Wordle’s Unexpected Leadership Lessons

February 26, 2024

As we get started on a new year and approach busy season, it’s a good opportunity for leaders to cultivate a culture of resilience within their teams.

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File Washington Capital Gains Tax Using Tax Preparation Software

February 20, 2024

The Department of Revenue has partnered with certain tax preparation software companies that will allow you to file the Washington capital gains return, make payments and file extensions through their software.

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How Can You Build a Winning Culture at Your Organization?

February 19, 2024

During the October 18, 2023, WSCPA Member Exclusive webinar, Monette Anderson, CAE, WSCPA Vice President of Membership & Education, talked with previous WSCPA Business of the Year recipients about how they build winning cultures at their firms. Here is an excerpt from that conversation.

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Corporate Transparency Act: Coverage Considerations for CPA Firms, FAQ and Sample Letters from CAMICO

February 16, 2024

CAMICO just released Coverage Considerations for CPA Firms to provide further clarification regarding specific coverage-related considerations and implications of rendering CTA-related services and shared sample letters for WSCPA members.

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