Pennsylvania Institute of CPAs - PICPA

New CPA Now Blog Post: With a structurally sound trial balance, financial statements become credible inputs. When structurally weak, even polished reporting can still mislead.

Mastering the Trial Balance: Key Mistakes and How to Fix Them With a structurally sound trial balance, financial statements become credible inputs. When structurally weak, even polished reporting can still mislead.

New CPA Now Blog Post: A firm that hasn’t gone all-in on AI is not automatically behind. PICPA’s new Insights report can help firms map out a sound path forward in AI adoption.

Informed Caution: How to Approach AI and Keep Trust Intact A firm that hasn’t gone all-in on AI is not automatically behind. PICPA’s new Insights report can help firms map out a sound path forward in AI adoption.

Join us for the July 2026 PICPA Town Hall and hear from experts at EisnerAmper on how digital transformation is reshaping the CPA profession.

From emerging tax & audit technologies to cloud accounting and data governance & cybersecurity, you’ll walk away with practical insights to stay competitive in a rapidly evolving landscape.

Earn CPE while gaining actionable takeaways you can use right away: https://hubs.ly/Q04lHVlP0

July 16 | 2–3 PM | Free for PICPA Members | 1 CPE Credit

New CPA Now Blog Post: The Pennsylvania CPA Foundation was established to meet the needs of the accounting profession, students, and educators. Here are some of our recent wins.

A Great Year Growing the CPA Profession The Pennsylvania CPA Foundation was established to meet the needs of the accounting profession, students, and educators. Here are some of our recent wins.

The most important work in the accounting profession is often the work you never see.

Most CPAs don’t spend their time reading regulatory exposure drafts or tracking proposed changes to professional standards.
They’re serving clients, running firms, and solving complex problems.

But behind the scenes, dozens of proposals each year could change how those professionals operate, from independence rules to peer review oversight.

PICPA’s professional standards team monitors proposals from groups like the AICPA and NASBA, evaluates how they might affect practicing CPAs, and advocates for practical, high-quality regulation.

Recently, that advocacy helped improve a proposal affecting peer review oversight for firms with complex ownership structures. The revised version now includes clearer evaluation criteria and a sunset provision, important safeguards that were not in the original proposal.

It’s a good reminder that the health of the profession depends not just on the work CPAs do every day, but also on the policies that govern that work.

And sometimes the most important wins are the policies that never become problems.

Read more by Allison M. Henry, CPA in the newest edition of the Pennsylvania CPA Journal: https://hubs.ly/Q04l26Z10

New CPA Now Blog Post: PICPA reached out to members to gather insight into the challenges facing auditors. This interaction informed our response to PCAOB's strategic priorities.

PICPA Advocacy Shaping the Future of Audit Oversight PICPA reached out to members to gather insight into the challenges facing auditors. This interaction informed our response to PCAOB's strategic priorities.

Your career path matters, whether you’re just getting started or ready for your next move. The right guidance can make all the difference.

Join the PICPA on July 15, 10–11 a.m., for "Advice for a Successful Career in the Accounting Profession" featuring Jerry Maginnis, former KPMG Philadelphia Office Managing Partner, and Allison M. Henry, CPA.

Get real-world advice on navigating AI, remote work, and today’s evolving profession: https://hubs.ly/Q04l4BW30

Free for PICPA members | Earn 1 CPE Credit

The PICPA's Allison Henry is making our voice heard on a critical issue for the profession.

In a new Bloomberg Tax commentary, Allison examines the PCAOB's proposed amendments to QC 1000 and why they represent a practical, meaningful step toward reducing compliance burdens without compromising audit quality.

Several of the proposed changes align directly with recommendations the PICPA and other stakeholders have advocated for, including eliminating the design-only requirement for inactive firms and removing the external quality control function requirement.

Strong audit quality and a healthy audit marketplace aren't competing goals. Read Allison's full analysis at the link below.

🔗 https://hubs.ly/Q04lc8BQ0

US Audit Board Proposal Would Preserve Quality and Ease Burdens Opinion: The PCAOB's latest proposal represents a practical effort to strengthen audit quality while reducing implementation challenges that could further discourage participation in the public company audit market.