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NextGen Magazine

 
 

Latest Articles

  • What If CPAs Could Time Travel and Give Career Advice to Their Younger Selves?

    By:
    Chris Gaetano
    |
    Aug 2, 2017

    We asked four CPAs at various stages of their careers to consider the following scenario: You’re sitting at a table. Sitting across from you is you, but a younger version of you whose career has just begun. You have five minutes to give that younger version of yourself whatever career advice you can, based on your own years of experience. What do you tell your younger self? Here’s what they said.

  • CPA Candidates Reflect on Exam Changes

    By:
    Chris Gaetano
    |
    Jul 31, 2017

    Beginning in April, aspiring CPAs were the first to take the revised Uniform CPA Examination. The new exam places less emphasis on multiple-choice questions in favor of more task-based simulations that require critical thinking and analysis to solve properly. We asked five CPA candidates who recently took the revised exam what their impression was of it.

  • From Monastery to Marijuana Marketplace: One CPA's Journey

    By:
    Chris Gaetano
    |
    Jul 25, 2017

    There’s the typical path to becoming a CPA, and then there’s Todd Arkley’s path. Arkley had no business aspirations at all when he was in school and for many years after that. While today Arkley is one of the foremost experts in the burgeoning legal marijuana industry, with clients drawn almost entirely from that sector, he was first an aspiring Zen Buddhist monk, then a landscaper, then an office manager and then a CFO.

  • A Conversation with the ‘CPA Ninja’

    By:
    Chris Gaetano
    |
    Apr 25, 2017

    Jeff Elliott, CPA, is the founder of Another71.com, a CPA exam-focused site that attracts more than 100,000 unique visitors a month to its blog, resource-heavy forum, and NINJA CPA Review study courses. He took the time to respond to questions from NextGen about his company.

  • Study Upgrade! How Technology Is Changing the Face of Exam Prep

    By:
    Zach Simeone
    |
    Apr 18, 2017
    CPA firm owners are integrating—and even reorganizing—their practices around advances in big data and artificial intelligence (AI). Using these technologies, firms can automate data collection and analytics and, ultimately, transform auditing itself, as AI can discover data patterns and identify red flags that only humans had the ability to recognize before. But these benefits aren’t limited to client services.
  • The New CPA Exam: What You Need to Know

    By:
    Zach Simeone
    |
    Apr 11, 2017

    So, you’ve set your sights on obtaining a CPA license. If you’ve decided you are willing to face seemingly endless hours of study, sleepless nights, and feelings of isolation, all in the hopes of being among the 57 percent of candidates who pass the exam, then you’ve come to the right place. You probably also know that as of April 1, 2017, CPA candidates across the country and around the globe have had a new exam to contend with. Here's what you need to know about the new version of the exam.

  • NYSSCPA Offering Students Up to $1,000 in FAE Scholarships with Technology Assurance Research Paper Contest

    By:
    Zach Simeone
    |
    Feb 16, 2017
    The NYSSCPA's Technology Assurance Research Paper Contest is designed to encourage college and grad school students throughout New York state to pursue accounting research, while fostering their professional development and promoting involvement in the Society’s committees and publications.
  • Cross-generational Learning More Important Than We Think

    By:
    Zach Simeone
    |
    Nov 22, 2016

    At work, a younger generation often takes the advice of senior colleagues. But nowadays, as the retirement age increases and the workforce becomes older, experienced professionals looking to continue with their jobs could take some advice from younger co-workers. In fact, research shows that with greater emphasis on cross-generational mentoring, longer and more satisfying careers may be possible.

  • Data Analytics Could Boost Pay as Firms Weave AI, Drones Into Auditing Processes

    By:
    Zach Simeone
    |
    Nov 18, 2016
    You’ve got your accounting degree, but what now? Supplementing it with experience in data analytics can net you a higher salary than simply being a CPA. And the push to weave cognitive technologies into auditing processes could give you the chance to work with artificial intelligence, and even drones.
  • Prepare for the CPA Exam With 'Accounting for Empires' Gaming App

    By:
    Zach Simeone
    |
    Nov 14, 2016
    CPA Exam preparer Becker is using a mobile gaming app to prepare accounting professionals for the test. “Accounting for Empires” is a cross between "Age of Empires" and "Civilization," and attempts to help CPA candidates with sample questions on topics from the exam. But it's not the first app designed to help accountants study through gaming.