Thought Leadership

Most industry events are forgettable. The accounting profession runs hundreds of them every year — conferences, summits, roundtables, webinars — and the vast majority leave no impression at all. Bad coffee. Panel discussions that repeat what everyone already knows. Networking that feels like speed-dating for strangers who were forced to be there. We recently attended...

Most regulatory bodies wait until they have no other choice before asking for help. The PCAOB is doing something different. On May 28, 2026, the Board announced the formation of the Inspections Modernization Council, a new advisory body designed to bring outside expertise into the work of reshaping how PCAOB inspections operate. For audit firm...

The accounting profession talks a lot about the next generation of leaders. Connor Crow is already one of them. At CwX North America 2026 in Fort Lauderdale, CPAClub Associate Chief Connor Crow was named the top honoree at Caseware’s inaugural 30 Under 30 Awards — a global program designed to spotlight the emerging professionals reshaping...

Audit technology is being adopted faster than most firm teams are learning how to use it. That gap is where the real risk lives, and many firms are not paying enough attention to it. Audit firms are investing in technology at a pace the profession has not seen before. AI-enabled audit platforms. Engagement management systems....

Earlier this year, the PCAOB put out a Request for Public Comment regarding their strategic priorities moving forward amidst leadership changes and shifting governmental sentiment. Accordingly, as a firm closely involved in the Public Accounting Oversight Board’s matters, CPAClub included the following in a letter addressed to the new chairman, Demetrios (Jim) Logothetis. We strongly...

California’s Client Trust Account Protection Program (CTAPP) has introduced a new level of oversight for attorneys handling client trust accounts. While only a subset of firms are selected each year for a CTAPP compliance review, the reality is that most firms maintaining trust accounts should expect to be reviewed over time. A CTAPP compliance review...

California’s Client Trust Account Protection Program (CTAPP) represents a significant shift in how the State Bar oversees client trust accounting. A CTAPP compliance review is an agreed-upon procedures engagement performed by a State Bar–approved CPA firm. While annual CTAPP reporting applies broadly to most practicing attorneys, a smaller group is selected each year for review...

The Securities and Exchange Commission is once again revisiting a question that has circulated in regulatory circles for years: whether public companies should continue reporting quarterly or shift to a semi-annual model. The debate over SEC quarterly vs semi-annual reporting is not theoretical for audit firms. A change of this magnitude would reshape the rhythm...

SQMS is no longer new. Many firms still struggle with SQMS monitoring as they transition to system-level quality management. That transition has already taken place, yet many firms continue to manage their quality management systems through Word documents and Excel spreadsheets. This is not simply a technology gap. It reflects a deeper disconnect between how...