Episodes

This episode explores the structure of the AICPA attestation standards and how a recent Auditing Standards Board (ASB) proposal may change them. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: Proposed attestation changes: What CPAs should know Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

Most CPAs know the federal tax calendar cold. But state entity compliance is a very different story. The rules vary dramatically from state to state, and missing a filing can create real problems for clients. And in 2026, there are some important developments CPAs should be paying attention to, especially in New Jersey, Delaware and Pennsylvania. Frank Tumminello from FileForms breaks it all down and talks about how software can help. Topics discussed: Why state entity compliance complicated ...

CPA licensure is going through one of the biggest shifts we’ve seen in years. New pathways are being introduced, and mobility rules are changing right along with it. Is your firm fully compliant? And what are the risks if you’re not? Lindsay Patterson from CPA QualityPro — a new NJCPA member benefit provider — breaks it all down. Topics discussed: What CPAs and firms need to understand about how the changes to licensure pathways impact them How these changes are affecting individual CPA mobil...

Find out about FASB’s new Accounting Standards Update that provides authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: FASB ASU 2026-01 Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

Understand what a financial resilience review is and what it examines, the warning signs CPAs should be watching for in nonprofit financials and how this type of assessment helps organizations move from reactive to resilient. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

For businesses in New Jersey and across the country, tariffs are a significant line item with massive implications for cash flow and supply chain stability. The landscape just shifted dramatically when the U.S. Supreme Court ruled that billions of dollars in tariffs imposed under the International Emergency Economic Powers Act (IEEPA) have been declared unlawful. Whether you’re a business owner wondering if you’re eligible for a refund or a CPA looking to provide critical guidance to your client...

New Jersey residents are feeling the burn at the meter as energy prices continue to outpace national averages. But while the numbers on your bill are clear, the reasons behind the surge are anything but simple. Janice Fuller, partner at Princeton Public Affairs Group, pulls back the curtain on the complex web of factors driving our utility rates and discusses what the future holds for New Jersey’s energy market. Topics discussed: Factors that impact energy prices The impact of artificial inte...

This episode reviews recently published guidance from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) that helps companies manage risks related to generative artificial intelligence (AI). *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: COSO Releases Practical Roadmap for Managing Generative AI Risks and Controls Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

Is New Jersey’s newest budget proposal truly fiscally responsible? Jeff Kaszerman welcomes Dale Florio (Princeton Public Affairs Group) and Chris Emigholz (NJBIA) to break down Governor Mikie Sherrill’s FY2027 spending plan. From corporate tax deduction changes and fees to record school aid and property tax relief, we explore what this budget means for New Jersey’s business climate and whether NJCPA members believe it’s a step in the right direction. Topics discussed: Budget highlights Overal...

The episode covers the last of the Accounting Standards Updates (ASUs) that the Financial Accounting Standards Board (FASB) issued at the end of 2025. ASU 2025-12 – Codification Changes includes changes related to terminology, EPS accounting, credit losses and receivables, not-for-profit guidance and more. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: Accounting Standards Update 2025-12 – Codification Changes Accounting and auditing ar...

New Jersey is famous for many things, but its nation-leading property tax rates usually top the list of resident grievances. In this episode, we sit down with Marc Pfeiffer, senior policy fellow at the Bloustein School of Planning and Public Policy, to demystify the complex machinery behind property taxes. Marc breaks down the fundamental mechanics of why the rates are so high, how property taxes are calculated and where the money goes — ultimately addressing the age-old question: Are we actuall...

This episode examines how artificial intelligence (AI) is transforming audit work by CPAs. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: Article: How AI is transforming the audit – and what it means for CPAs Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

The U.S. economy continues to send mixed signals. Inflation has cooled but hasn’t disappeared. Consumers are sour on the economy, but they continue to spend. And the impact of tariffs is still up in the air. Curtis Dubay, chief economist at the U.S. Chamber of Commerce, unpacks where the economy stands and what CPAs and their clients should be watching in the months ahead. Topics discussed: Impact of recent Supreme Court decision on tariffs Consumers are still spending, but which consumers? ...

The Financial Accounting Standards Board has finalized standards for accounting for government grants received by business entities. Get the details. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: ASU 2025-10: Government Grants (Topic 832) Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

Governor Mikie Sherrill has taken office alongside a Democratic supermajority, yet New Jersey business leaders are more optimistic than they’ve been in eight years. Is this a true policy pivot or just a honeymoon phase? Micah Rasmussen of the Rebovich Institute for New Jersey Politics joins us to discuss what the first half of 2026 holds for the state’s economy and business community. Topics discussed: Why the business community is optimistic Gov. Sherrill’s upcoming budget proposal Other sh...

FASB issued an Accounting Standards Update that makes improvements to hedge accounting. Get an overview of the changes. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: FASB ASU 2025-09: Derivatives and Hedging (Topic 815) Hedge Accounting Improvements Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

New Jersey has officially introduced a new pathway to licensure, and we’re breaking it all down. This is a significant shift for the profession, focusing on flexibility and accessibility without compromising the prestige of the license. June Toth, CPA, and NJCPA’s Aris Nunez discuss the new pathway and what it means for students, educators and employers. Whether you’re a firm partner looking to bolster your pipeline or a student mapping out your future, this episode is essential listening. Topi...

This episode examines a recent FASB Accounting Standards Update that focuses on accounting for seasoned loans. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: ASU 2025-08: Financial Instruments — Credit Losses (Topic 326) Purchased Loans Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

James Cox, the AICPA’s vice president of state advocacy, joins us to discuss four important issues: the movement to provide additional pathways to CPA licensure, sales tax on professional services, deregulation of state boards of accountancy, and the impact of AI and other fintech issues on CPAs and the business community. Topics discussed (all timestamps will need to be adjusted after the edits are made): Additional pathways to CPA licensure Sales tax on professional services Deregulation o...

Get an overview of the recent guidance and clarifications issued by the AICPA Professional Ethics Executive Committee. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: PEEC Publishes Final Clarifications in the AICPA Code of Professional Conduct for Engagements Subject to SSAEs PEEC releases clarifying guidance on independence in SSAE engagements Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest...

Over the past six months, participants of the Emerging Leaders Book Club met to explore three powerful titles: Greenlights by Matthew McConaughey, The Psychology of Money by Morgan Housel and The Obstacle Is the Way by Ryan Holiday. Three of the NJCPA members who led the book discussions — Matt Mojica, Brandon Ventura and Lexi Wilson — share why these books were chosen as well as the insights and “aha” moments that inspired them. Topics discussed: Why these three books were chosen Common them...

Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2023-09 makes improvements to income tax disclosures. It’s already effective for public companies and will become effective for private companies soon. Get an overview of the changes. Resources: FASB ASU 2023-09 Accounting and auditing articles and events Join the Accounting & Auditing Standards Interest Group

When HBK CPAs & Consultants moved its mid-Atlantic regional headquarters to the historic Bell Works in Holmdel, the firm’s managing principal and CEO, Tom Angelo, said he wanted the firm to provide the expertise to help small businesses grow beyond even what they might imagine for themselves. Hear from Tom about how HBK envisions the future of accounting, from staffing and talent, to private equity and the transformative potential — and challenges — of artificial intelligence. Topics discussed:...

The PCAOB recently released new staff guidance on paragraph .10A of AS 1105, Audit Evidence, including illustrative examples that can help audit firms implement the requirements. This is particularly important given the growing use of artificial intelligence. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources: PCAOB Staff Guidance: Examples of Evaluating of Reliability of External Information Provided by the Company in Electronic Form Accoun...