This 30 minute video provides pertinent information for CPAs providing Business Ownership Information reporting services to clients. Provided by Fincen Fetch.  

AICPA & NASBA recently released two new exposure drafts aimed at addressing accounting's talent needs and expanding access to accounting careers to more candidates. The MECPA joined fellow New England state CPA societies in sending comment letters.  The letters reflect signficant concerns around the proposals. 

New England Letter RE Competency-based pathway 

New England Letter RE UAA changes

All practitioners are encouraged to share comments before December 30 2024.

Exposure Draft- Competency Based Experience Pathway to Licensure. FMI

Exposure Draft- Proposed changes to UAA. FMI

Effective December 15 2025, all firms who provide accounting and attest services must be in compliance. Find resources here. 

Need some additional help?  Four part webinar series here. 

We are excited to partner with our colleagues at MassCPAs for a new Demo Day program, designed to showcase innovative products and services tailored specifically for CPAs and accounting professionals. 
 
Demo Days will provide a virtual experience where members can explore and evaluate a variety of tools aimed at enhancing efficiency, productivity and client service within your practice. Participating vendors will present their products and solutions directly to you through: 

• • Presentations and demonstrations 
  • Q&A sessions 
  • Networking opportunities to foster discussion and collaboration 
  • Feedback and evaluation to help you determine the best fit for your firm 

Register Here.

Hear about Mike Perna's entrepreneurial career path!

Effective December 15 2025, firms performing attest services will need to comply with the AICPA's new Quality Management System. Originally released in June 2022, the effective date was extended to allow ample time to prepare. For more information and resources go here.

AICPA and state society letter to DHS

College Mentor Program Information for Firms

The MECPA partnered with St. Josephs College and Wipfli, to welcome high school students to St. Joseph's College beautiful campus in Standish for an opportunity to learn about career opportunities in accounting and other business fields.  It was a great opportunity to exchange ideas and information with highly engaged high school and college, students, their teachers and accomplished business professionals from Wipfli, NBT Bank and Empeople Credit Union. To view the recording of this event  go here. 

Effective May 16, NEPR will no longer be the administering entity for non-AICPA firms.   The AICPA Peer Review program now accepts non-AICPA member firms to their peer review  programs. Enrollment will be automatic effective May 16, unless a firm withdraws from all peer review programs. Contact NEPR CEO, Pam Lemire, [email protected] . Go here FMI:  NEPR Non-AICPA Notification

Substantial Equivalency FAQs

TaxProfessionalInstructions2024

NASBA and AICPA CPE Standards Update 2024

Happy Holidays! Listen here as we serenade you with a special version of Frosty, The Snowman... and his Friend the CPA.

SE FAQ June 2023

CPAs have an endless array of exciting and interesting career opportunities. Learn more here!

DEI is " good business" for firms and employers of all sizes according to this recent CPA Journal article