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VSCPA

Aug 30, 2023

Professional Services 2023: STEPHANIE R. PETERS

Peters has led the state’s professional association for CPAs since 1997, representing more than 13,000 members who work in private and public sectors, including educational institutions. In April, the VSCPA announced its investment in the Center for Audit Quality’s Accounting+ program, a national campaign to attract a new generation of diverse students into the industry’s [&helli[...]

Wendy Lewis
Jun 8, 2023

Va. Board of Accountancy elects next chair

Wendy P. Lewis, a partner in KPMG LLP’s audit practice, will become chair of the Virginia Board of Accountancy on July 1. Lewis is currently the board’s vice chair; her term as chair will end on June 30, 2024. “I’m honored to step into the role of chair. … As the first Black woman to […]

“It’s a war. Everyone is fighting for the same talent,” says Fran Randall, Richmond market leader for Forvis. About 300,000 U.S. auditors and accountants left the workforce since 2020. There were about 1.5 million auditors and accountants working nationally last year. Photo by Caroline Martin
Mar 30, 2023

Falling short

In the accounting field, the books are out of balance. Demand for the profession’s services is rising, which is one for the assets column, but on the debit side of the ledger, the number of people willing and able to provide those services is dropping so alarmingly that some firms are being forced to turn […]

Oct 28, 2022

Belabored shortages

Faced with a shortage of drivers, Trevor Dunlap had to find a new way to recruit interested candidates for his Chesapeake-based trucking and warehousing companies, Givens Transportation Inc. and Givens Inc. “It’s very challenging to find qualified people and then be able to retain them,” he says, “and the wages we’re paying are substantially higher […]

Feb 24, 2022

Youngkin signs bill to conform tax code

This year’s tax season may be a little less complicated for businesses that were granted Paycheck Protection Program loans and Rebuild Virginia grants during the pandemic. A bill that Gov. Glenn Youngkin signed into law Wednesday will ensure that the aid granted through those programs won’t be treated as taxable income. Because Virginia state and […]

Feb 17, 2022

DHG to merge with BKD, forming top 10 accounting firm

The fifth-largest accounting firm operating in Virginia, Dixon Hughes Goodman LLP, is merging with Springfield, Missouri-based BKD CPAs & Advisors to form a combined top 10 accounting firm with $1.4 billion in revenue, the two firms announced Thursday. The “merger of equals” will be effective June 1, a company spokesperson said. The new firm will […]

Oct 28, 2021

Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews

HAMPTON ROADS Richard E. Groover, CPA Shareholder | Wall, Einhorn & Chernitzer PC Norfolk What local industries/sectors do you think have potential for growth? Continued growth around the Port of Virginia and green energy. … Entrepreneurs and local leaders have made substantial investments to tee up this area as part of a wind turbine corridor […]

Oct 28, 2021

Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey results

  Read more: Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews and post-pandemic work models

LaToya Jordan with the Virginia Auditor of Public Accounts has been largely working from home since the pandemic began. Photo by Matthew R.O. Brown
Oct 28, 2021

Remote possibilities

Before the coronavirus pandemic, LaToya Jordan regularly missed small moments in her children’s lives — like seeing her young son getting off the bus each day. She commuted to downtown Richmond or to a client site and arrived home after her children. The state agency where she works allowed telecommuting one day a week, and […]

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