Explaining stablecoin risks and the need for reporting criteria
Journal of Accountancy Podcast
Release Date: 03/13/2025
AICPA tax priorities and wins in the budget bill now with the House
Journal of Accountancy Podcast
Melanie Lauridsen, the AICPA’s vice president–Tax Policy & Advocacy, joined the JofA podcast early Wednesday to provide context on the fast-moving on Tuesday and is being discussed in the House today. Lauridsen detailed some tax-related priorities of the AICPA and state societies. She also explained the aspects of the Senate bill that are most likely to face opposition in the House. On a topic separate from the budget bill, Lauridsen summarized the key points of the national taxpayer advocate’s . In a May JofA episode, Lauridsen explained why were being prioritized by...
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Change for the better: How your attitude can make all the difference
Journal of Accountancy Podcast
Instead of worrying about failure when undergoing a change initiative, why not ask, “What happens if we succeed?” That is summarized sentiment from a discussion with Al Dea, admittedly a glass-half-full guy, on the Journal of Accountancy podcast. Dea, a leadership development consultant and founder of the organization The Edge of Work, is the keynote speaker at the Aug. 12–14 Governmental Accounting and Auditing Update Conference. In this episode, Dea explores pain points for dealing with almost constant change, how the last five years have affected our ability to manage change, and...
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JofA branded podcast: The evolving insurance market for high-net-worth clients
Journal of Accountancy Podcast
In this Journal of Accountancy branded podcast, hosted by Clint Costa, CPA, J.D., LL.M., a senior wealth strategist at Choreo, experts discuss how to help clients, especially high-net-worth ones, navigate growing and changing challenges in seeking proper insurance coverage.
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A trailblazing CPA on managing a merger and why it’s OK to lose clients
Journal of Accountancy Podcast
Jody Grunden, CPA, stands out for more than his brightly colored Hawaiian shirts at accounting conferences and events. Grunden was one of the first firm leaders to embrace remote work, and he remains a proponent of it. His firm also was one of the first to offer outsourced CFO services. In this JofA podcast episode, Grunden reflects on his firm’s growth, explains how cultures can mesh during a merger, and predicts where the future lies for CPAs. Hint: It’s not in delivering financial statements to clients. In an earlier JofA interview, Grunden discussed not feeling fear and explained...
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A trailblazing CPA on managing a merger and why it’s OK to lose clients
Journal of Accountancy Podcast
Jody Grunden, CPA, stands out for more than his brightly colored Hawaiian shirts at accounting conferences and events. Grunden was one of the first firm leaders to embrace remote work, and he remains a proponent of it. His firm also was one of the first to offer outsourced CFO services. In this JofA podcast episode, Grunden reflects on his firm’s growth, explains how cultures can mesh during a merger, and predicts where the future lies for CPAs. Hint: It’s not in delivering financial statements to clients. In an earlier JofA interview, Grunden discussed not feeling fear and explained...
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Accounting talent pipeline: What’s the buzz from ENGAGE?
Journal of Accountancy Podcast
One popular discussion topic at AICPA & CIMA ENGAGE 25 is the accounting talent pipeline. Liz Burkhalter, the AICPA’s director—CPA Pipeline, is taking part in those conversations. On this episode of the JofA podcast, Burkhalter shared encouraging news related to the pipeline and reminded CPAs of how using their “circle of influence” can help to grow the profession. Related resources: n National Pipeline Advisory Group (NPAG) n JofA article on n NPAG n This Way to CPA n Next Stop: CPA n AICPA Student What you’ll learn from this episode:...
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Pessimism, tariff tremors prominent in CPA execs’ sentiment
Journal of Accountancy Podcast
Sentiment about the U.S. economy and CPA decision-makers’ organizations continues to decline in 2025. Second-quarter results released Thursday by the AICPA and CIMA show a rising percentage of pessimists and more concern about the affects of tariffs. To analyze the results further, the JofA podcast welcomed back Ken Witt, CPA, CGMA, associate director–Management Accounting Research & Development. In last quarter’s Economic Outlook Survey, half of respondents were optimistic about their company’s outlook for the next year. , that percentage dropped to 37% — and it’s not the only...
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Seek first to understand: How a finance leader manages global teams
Journal of Accountancy Podcast
Jennifer Reilly, CPA, CGMA, values listening. She enjoys the collaboration with fellow finance leaders as part of the Future of Finance Leadership Advisory Group, and she has made a habit of emphasizing listening in guiding teams from around the world. Reilly, scheduled to be part of at AICPA & CIMA ENGAGE 25, explains the importance of listening, developing through broad and niche roles, and more in this Journal of Accountancy podcast episode. What you’ll learn from this episode: · The value of collaboration with finance peers. ...
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Why the PTET SALT deduction is the AICPA’s ‘No. 1 priority’
Journal of Accountancy Podcast
It’s been a dizzying few months since Melanie Lauridsen, the AICPA’s vice president–Tax Policy & Advocacy, on the Journal of Accountancy podcast. In fact, just the past week has been chock full of tax-related developments, mainly in Washington. Reflecting the news, this episode is publishing the same day it was recorded. In the Wednesday morning conversation, Lauridsen details the AICPA perspective on several aspects of the budget bill that could be voted on soon by the full House of Representatives. She goes into detail about the passthrough entity tax/state and local tax...
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The ‘robot uprising’ and you: A CPA leader’s view on harnessing AI
Journal of Accountancy Podcast
This week’s episode is a mix of CPA-centric news and a Q&A with a leader in the profession. First is a summary of the House Ways and Means Committee’s , the to some of its provisions, and an update on . Danielle Supkis Cheek, CPA, is the guest on the main segment, discussing how accountants can avoid head-spinning dizziness when it comes to artificial intelligence (AI) — and why the profession is well suited for technology adoption. Supkis Cheek, senior vice president–AI, Analytics and Assurance at Caseware, also discusses how organizations can use AI to scale operations....
info_outlineOn March 5, the AICPA published a comprehensive set of criteria for reporting on the digital assets known as stablecoins. The criteria are designed to address “the need for consistency, transparency, and trust in the stablecoin environment.”
Jay Schulman, CPA, is a principal at RSM, and he’s focused, in his job and his role on AICPA committees, on digital assets.
In this episode of the Journal of Accountancy podcast, Schulman explains areas of focus for the AICPA’s Digital Assets Working Group and the group’s attestation subcommittee. That work includes the stablecoin criteria.
Resources:
n Accounting for and Auditing of Digital Assets (practice aid)
n Blockchain Universal Glossary
n Stablecoin Reporting and Assurance landing page
What you’ll learn from this episode:
· Schulman’s explanation of the difference between bitcoin and stablecoins.
· The reasons that an AICPA committee and subcommittee on attestation are focused on stablecoins.
· Examples that remind Schulman of how different generations view money.
· Why Schulman refers to the criteria as “transparency-oriented.”
· The resources Schulman recommends related to stablecoins and the priorities of the Digital Assets Working Group.