Honorees Were Instrumental in Launching New CPA Firm Services Related to Blockchain and Artificial Intelligence

NEW YORK (Oct. 11, 2018) – Two pioneering CPA firm leaders – one an early champion of blockchain services, another an advocate of artificial intelligence in the audit process – have been named recipients of CPA.com’s 2018 Innovative Practitioner Award, which recognizes innovation in process, services or technology implementation in public accounting.

The honorees are:

• Samantha Bowling, CPA, CGMA, a partner with Garbelman Winslow in Maryland. Samantha and her team of small firm practitioners are successfully integrating artificial intelligence (AI) in auditing for small businesses, nonprofits and local government. Using an external AI platform, the firm has improved the audit process and helped reduce the risk of material misstatements for its clients. As an early adopter, Samantha is providing valuable input to help make the technology more usable for other firms.
• Jagruti Solanki, CPA, CGMA, senior manager for Aprio, LLP, a CPA-led professional services firm. Jagruti helped launch the firm’s blockchain services group and has been instrumental in developing best practices for accounting and financial reporting related to the digital distributed ledger technology. Among other services, her team helps clients navigate blockchain implications for domestic and international accounting, as well as tax obstacles associated with tokenization, initial coin offerings and cryptocurrency. Jagruti is being promoted to partner at Aprio next year in recognition of her leadership on initiatives such as blockchain that drive growth and profitability for the firm.

“Samantha and Jagruti define what being an innovative practitioner is all about: the ability to assess where the profession is going, incorporate emerging technologies to either improve an existing service or launch a new one, and then successfully position the practitioner’s firm as a leader in that area,” said Erik Asgeirsson, president and CEO of CPA.com. “Both blockchain and AI stand to make a big impact on the profession and our honorees are both advancing strategies around these technologies for their firm.”

The two co-winners will be invited to attend the 2018 Digital CPA Conference as guests. This year’s event will be held Dec. 3-5, 2018, at the Gaylord National Resort and Conference Center outside Washington, D.C.

CPA.com also named the second-place winner of the award: Matt Armanino, chief operating officer and CFO advisory services practice lead for Armanino LLP. To help small and midmarket clients deal with disruptive change, Matt launched a Strategy and Transformation practice area in the firm. His team taps the firm’s cross-functional expertise in audit, tax and consulting to create recommendations to spur client improvement in strategy, operations, process and technology. In its first full year, the Strategy and Transformation practice area produced over $1 million in revenue, with additional opportunities created in other practice areas. Matt will become CEO of Armanino LLP in 2019.

Award winners were chosen in part through the vote of their peers. Some 1,839 people cast votes online for finalists. An advisory panel of CPA.com and the American Institute of CPAs also gave their recommendations for winners. The voting and internal review each carried equal weight in the final selection process.

To read more about the winning practitioners, please visit the award page. More information about the Digital CPA Conference can be found at digitalcpa.com.

About CPA.com

CPA.com is known for bringing innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.

Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.

A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.

Benefits for Early-Stage Fintech and EdTech Firms Include Strategic Insight, Market Access and Funding

NEW YORK (Oct. 2, 2018) – The Association of International Certified Professional Accountants (Association) and CPA.com are seeking candidates for their joint startup accelerator program, designed to foster innovation in accounting and finance.

The accelerator, launched last year, focuses on early-stage companies in two categories: technology and financial information, and professional competency innovation. Successful applicants can tap the expertise and insight of senior leadership and advisors of the Association and CPA.com, gain access to CPA firm leaders and other influencers within the profession, and qualify for up to $25,000 in funding.

Applications are due Nov. 30, 2018. Selections will be made by early 2019, and the program will last approximately six months. Companies who are chosen will be featured in June at AICPA ENGAGE, one of the leading public accounting conferences in North America.

“The Association and CPA.com can offer startups a huge boost to their strategic engagement with the accounting profession,” said Erik Asgeirsson, president and CEO of CPA.com. “And for us, this is a great opportunity to see what disruptive technologies are emerging in accounting and finance.”

The startup accelerator program is open to entrepreneurial companies worldwide. To be eligible, firms should be:

• At seed or pre-Series A stage (with some exceptions)
• Have a working product or service
• Focusing on Fintech or EdTech solutions

“Our first round of four companies made great progress this past year, sparked innovation in the profession and we’re excited to see what the new applicants will bring,” said Lawson Carmichael, chief operating officer of the Association.

For questions about the program, please contact Mark Brooks, the Association’s associate director of innovation and strategic partnerships, mark.brooks@aicpa-cima.com, or Kacee Johnson, strategic advisor for CPA.com, kacee.johnson@hq.cpa.com.

To apply, please visit the startup accelerator program page at aicpa-cima.com/accelerator.html.

About CPA.com

CPA.com is known for bringing innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.

Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.

A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.

About the Association of International Certified Professional Accountants

The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 667,000 members and students across 184 counties and territories in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.

Siri Co-Founder, Globalization Expert and Pixar Storyteller to Focus on Technology-Driven Transformation at Dec. 3-5 Event

NEW YORK (Sept. 18, 2018) – Technology is transforming all major practice areas for CPA firms, and finance and accounting professionals who want to learn about trends and opportunities that arise from these changes can gain insight at the 2018 Digital CPA Conference, an event led by the American Institute of CPAs and its technology arm, CPA.com.

This year’s conference will be held just outside Washington, D.C., at the Gaylord National Resort & Convention Center in National Harbor, Md., the site of the original Digital CPA Conference in 2012. The Dec. 3-5 event is organized around the theme “Future Ready,” and includes sessions on the shift to advisory services across all core areas of the CPA firm. The conference will also feature sessions on the impact of the Wayfair decision and new client opportunities around sales-and-use-tax advisory services, auditing in the future, building a digital, integrated tax planning practice, benchmarks for client accounting advisory services, further understanding of the influence of emerging technologies such as blockchain and artificial intelligence, and operational issues such as managing a virtual workforce.

Keynote speakers at the event include:

• Dag Kittlaus, co-creator of Siri and Viv, who will talk about artificial intelligence from its early development to its as-yet-unrealized potential.
• Anja Manuel, a founding partner of the high-powered consulting firm RiceHadleyGates, LLC, and author of “The Brave New World: India, China and the United States,” who will discuss the results of the midterm elections, strategic risk, emerging markets and globalization.
• Matthew Luhn, an accomplished storyteller who, over a 20-year career with Pixar Animation Studios, created memorable characters and storylines for such films as Toy Story and Monsters Inc. He now advises Fortune 500 companies on the creation of narratives to build stronger brands and connect with critical audiences.

In addition to these speakers, Barry C. Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs, will give an update on issues affecting the accounting profession, and Erik Asgeirsson, president and CEO of CPA.com, will give a “state of the union” on Digital CPA trends.

The Digital CPA Conference is designed for CPA firm partners, managers and members of client accounting services teams, staffers responsible for rolling out cloud solutions, and business development, firm marketing and human resources directors within firms.

Reporters interested in covering the event can apply for on-site press credentials or make arrangements for online access to live broadcasts. Members of the media can contact Jeff May, jeffrey.may@aicpa-cima.com, for more details.

For more information about the conference, please visit digitalcpa.com.

About CPA.com

CPA.com is known for bringing innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.

Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners. 

A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.

The top technologies for tax and accounting professionals were honored on Tuesday at the Los Angeles Convention Center. The 15th annual Technology Innovation Awards were presented by CPA Practice Advisor during a special ceremony at the Accounting & Business Show - LA. The event, held July 25-26, gathered more than 2,000 financial professionals from across the country for accounting and tax education topics and keynote speakers.

The 2018 Innovation Award winners are:

• ADP for Accountant Connect
• Bill.com, for the new Bill.com customer experience
• CPA.com and CaseWare, for their collaboration: OnPoint PCR
• Liscio, by Liscio
• Receipt Bank, for Receipt Bank Self Employed

Five Innovation Award Finalists were also recognized by CPA Practice Advisor:

• Avalara for Avalara Trustfile
• BQE Software for BQE Core
• Gusto for its new Flexible Pay
• Intuit, for Intuit ProConnect Tax Online Data Import
• SurePrep for Tax Caddy

The Tax & Accounting Technology Innovation Awards honor new technologies that help accounting firms and their small business clients operate more efficiently and profitably through improved workflow, increased accessibility, or enhanced collaboration.

“These awards recognize new technologies that can benefit tax and accounting professionals, and their clients” said CPA Practice Advisor Editor-in-Chief Gail Perry, CPA. “As the profession continues to embrace new workflows and processes that optimize the potentials of these technologies, firms are improving their efficiency and focusing their practices on more profitable service offerings that, at the same time, are more beneficial to the small businesses that rely on them for advice and strategy." Perry also manages a tax practice and is the author of more than 30 books, including Mint.com for Dummies, and Idiot's Guide to Introductory Accounting.

CPA Practice Advisor provides a variety of independent digital and print resources for accounting professionals, including practice resources, technology reviews, interactive tools and content that helps firms achieve greater productivity.

In addition to the winners and finalists, more than 40 technology products and services were nominated for this year's Innovation Awards.

Learn more about the Innovation Award winners and finalists in the August issue of CPA Practice Advisor.

Automated Solution for Preparation, Compilation and Review Engagements Honored by CPA Practice Advisor

NEW YORK (July 26, 2018) – OnPoint PCR, a smart, cloud-based solution that transforms how CPA firms conduct preparation, compilation, and review engagements, was the recipient last night of a 2018 Tax and Accounting Technology Innovation Award from CPA Practice Advisor, a leading publication for the accounting profession.

OnPoint PCR was developed by CPA.com, the American Institute of CPAs and CaseWare International Ltd. It enables intelligent, guided engagements – powered by CaseWare’s cloud platform and informed by AICPA technical guidance – that allow CPA firms to enhance engagement quality, streamline proper documentation, and be more productive.

“Automation is set to transform audit and assurance services, and OnPoint PCR offers a glimpse of the future ahead,” said Erik Asgeirsson, president and CEO of CPA.com. “More than 19,000 U.S. firms are engaged in preparation, compilation and review work, and this solution is an essential tool for providing high-value advisory services to clients in this area.”

According to CPA Practice Advisor, the Tax & Accounting Technology Innovation Award is meant to recognize “outside-the-box thinking in product development, breakthrough technologies, state-of-the-art design and implementation, and cutting-edge concepts that help accounting professionals and their clients be more productive and profitable.”

“I’m so pleased our panel of judges chose to include OnPoint PCR as one of this year’s Tax and Accounting Technology Innovation Award winners,” said Gail Perry, editor-in-chief of CPA Practice Advisor. “These prestigious awards recognize the products that are changing the way accountants do business, and OnPoint is a shining example of just that.”

The award was presented at the California Accounting & Finance Show in Los Angeles.

“We’re honored to receive this prestigious award,” said Dwight Wainman, CEO of CaseWare. “It’s a strong endorsement of the significant impact OnPoint PCR will have on this practice area for CPA firms.”

For more information about OnPoint PCR, please visit CPA.com/OnPoint.

About CaseWare

CaseWare International Inc. is the leading global provider of cloud enabled audit, financial reporting and data analytics solutions. With efficiency, quality and value in mind, CaseWare provides cutting-edge technology to accounting firms, businesses and government entities. Over 400,000 users, in 130 countries and in 16 languages, use CaseWare solutions.

About CPA.com

CPA.com is known for bringing innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.

Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.

A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.