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It is crucial for CPAs to familiarize themselves with frameworks, standards and regulatory requirements governing ESG reporting.

By evaluating companies' sustainability disclosure statements, public investors will be in a position to reward better companies with higher share values while punishing the laggers. More importantly, investors may be able to avoid ESG surprises that can degrade share prices in an instant.

As we begin 2024, the profession’s pipeline challenges remain front and center. The NJCPA Board of Trustees and Pipeline Task Force are exploring all options to attract more students to the profession while maintaining the highest standards expected of a CPA.

The changing nature of accounting work should compel employers and employees alike to reflect on their lifestyles and find ways to adopt healthier habits. Here are some personal and work considerations.

In addition to states that have officially adopted revised interpretations of Public Law 86-272, some states are adopting similar positions for the first time on audit. Taxpayers and their CPAs should be aware of the increasing aggressiveness of states towards the federal law, as well as the overreach of states.