MNCPA Perspectives Archive

Perseverance: A life lesson learned young
Oct. 2, 2017  |  By Stephanie Schmidt
My daughter is a natural athlete. When she decided to try out for travel basketball last year (having never played a day of organized basketball in... Read more
Legislative change: Did you plant in time for harvest season?
Sep. 25, 2017  |  By Geno Fragnito
A few months ago, as winter was giving way to spring, I wrote about the similarities between agriculture and legislative changes, and the... Read more
NASBA approves MNCPA CPE
Sep. 18, 2017  |  By Lynn Kletscher
CPAs have enough to worry about: accounting and auditing standards, tax changes, cybersecurity, financial forecasts, you name it. They shouldn’t have... Read more
Who will you be in five years?
Sep. 11, 2017  |  By Linda Wedul
August was packed with amazing MNCPA events. There was high energy amongst more than 100 women at Candid Conversations about Women and Influence,... Read more
When shortcuts lead to detours
Sep. 5, 2017  |  By Faye Hayhurst, CPA
CPAs are smart people. Earning an accounting degree and passing the CPA exam are basic evidence of that. And sometimes, smart people... Read more
A taste of the future
Aug. 29, 2017  |  By Stephanie Schmidt
August brings two events that I look forward to every year: the MNCPA’s Executive Exchange and the Minnesota State Fair. While seemingly very... Read more
Technology creates both uncertainty and opportunity
Aug. 23, 2017  |  By Geno Fragnito
I don’t need to tell you that the world of technology is changing exponentially faster than ever. Most people would agree that, while sometimes... Read more
Speak up to get what you want
Aug. 15, 2017  |  By Lynn Kletscher
Confession: I am a fan of the McDonald’s Big Mac. Not the calories — just the awesome flavorful mix of the sesame seed bun, beef and, oh yes, the... Read more
Challenge your assumptions, read science fiction
Aug. 9, 2017  |  By Linda Wedul
I recently read the book, "Seveneves," by Neal Stephenson. It’s promoted as an "exciting and thought-provoking science fiction epic," which, I admit,... Read more
Rule No. 1: Know what the rules are
Jul. 31, 2017  |  By Faye Hayhurst, CPA
I would like to blame someone else or “the system,” but it was my own fault. I was recently married when I first left Minnesota with my new... Read more
Try before you buy
Jul. 21, 2017  |  By Stephanie Schmidt
It's a brilliant concept, right? I can’t tell you how many times I've bought something after sampling it at Costco. Had I not tried it, I would've... Read more
Tracking regulations? Don't forget to look in your own backyard
Jul. 19, 2017  |  By Geno Fragnito
Are you keeping up with regulatory changes? I know you’re thinking, “What kind of question is that? I’m a CPA. Of course, I’m keeping up with... Read more
Staffing remains top issue for firms
Jul. 12, 2017  |  By Linda Wedul
Finding qualified staff. Are you already groaning? Whether you’re a firm of two or 222 CPAs, the 2017 PCPS CPA Firm Top Issues Survey reveals... Read more
Too much Excel CPE? Proposed rules suggest so
Jun. 30, 2017  |  By Lynn Kletscher
Almost every CPA I know uses Excel. It doesn’t matter whether they’re in public accounting, business and industry, government, or education. The... Read more
Mind blown -- or is it?
Jun. 26, 2017  |  By Faye Hayhurst, CPA
The first time I thought about being an accountant was in 6th grade, when we had to pick a possible career to write about. My big brother was... Read more
Polish your advising skills
Jun. 22, 2017  |  By Stephanie Schmidt
If you had to identify one thing that is key to running a successful business, what would it be? When I think about this question, the word that... Read more
Leveling the playing field for Minnesota-based professional advisers
Jun. 13, 2017  |  By Geno Fragnito
If you have clients in other states, you’ve likely heard their concerns about having a Minnesota-based professional adviser. They were... Read more
Ditching Dilbert for 'Tribal Leadership'
Jun. 5, 2017  |  By Lynn Kletscher
Even though they’ve been around for decades, Dilbert and Office Space still make me laugh. They are so relatable — who hasn’t worked for a... Read more
Setting the record straight: The MNCPA responds to county audits editorial
May 29, 2017  |  By Linda Wedul
Last week, a Pioneer Press editorial headline read, "In auditor fight …" -- what, auditors fighting?In fact, it isn’t auditors per se, rather the... Read more
Peer Review enters the PRIMA era
May 22, 2017  |  By Faye Hayhurst, CPA
PRIMA is the latest acronym in the accounting world, and anyone involved in peer review -- whether as a firm or as a reviewer -- needs to get... Read more
Let's recognize Minnesota's newest CPAs
May 15, 2017  |  By Stephanie Schmidt
From the day you were born, being noticed was engrained in your behavior. When you took your first step, your parents gasped with excitement!... Read more
Protect your personal information
May 8, 2017  |  By Geno Fragnito
Your personal information is everywhere. Do you know what’s out there? I know what you’re thinking: you pay attention to detail, so of course you... Read more
5 business development myths you should dispel today
May 1, 2017  |  By Lynn Kletscher
You go to college, study and pass the CPA exam. You take a position with a firm. Maybe you work on a few audit engagements or prepare some tax... Read more
Laughter, changes and a little REM: The MNCPA is feeling fine
Apr. 24, 2017  |  By Linda Wedul
Happy New Year! That’s right, April marks the start of a new fiscal year for the MNCPA. For several years, we've held an annual all-staff meeting to... Read more
Choosing accountability
Apr. 17, 2017  |  By Faye Hayhurst, CPA
It’s a familiar scenario: there’s a mess, something is broken or dessert is found half eaten before dinnertime. And the culprit is nowhere to be seen.... Read more
Did you know? New info about the CPA exam's score-release timetables
Apr. 10, 2017  |  By Stephanie Schmidt
Out with the old and in with the new when it comes to the CPA exam — and there’s something you should know. There’s been talk for months about the... Read more
Planting seeds to maximize future yields
Apr. 3, 2017  |  By Geno Fragnito
As winter fades, I’m sure your thoughts are drifting from year-end or tax deadlines to evenings of grilling on the deck, a day at the lake or a... Read more
CPE Model Rules: call for comments
Mar. 27, 2017  |  By Lynn Kletscher
I’m a rule follower. I love black and white; I don’t love gray. If a rule is not clear, I prefer to err on the side of caution. You’re likely a... Read more
It's a good time to be a CPA
Mar. 17, 2017  |  By Linda Wedul
What's on your radar? This question frequently appears on MNCPA board meeting agendas, and it’s often my favorite part of the meeting. This is... Read more
Do you know what you don't know?
Mar. 13, 2017  |  By Faye Hayhurst, CPA
It was one of those spring days after April 15, when the collective intensity level in our CPA firm was down a few notches from where it had been... Read more
Having someone in your corner
Mar. 6, 2017  |  By Stephanie Schmidt
Wake up, work, shower, breakfast and out the door. Go to work -- work some more. Then it’s home for dinner, help with homework, sports, spelling... Read more
CPA Day at the Capitol - build on the momentum
Feb. 27, 2017  |  By Geno Fragnito
It was an icy commute to St. Paul that early February morning. But the slick roads didn’t stop more than 70 MNCPA members from descending to the... Read more
CPE: The next generation
Feb. 20, 2017  |  By Lynn Kletscher
Nano, nano! Greetings, CPA life forms! If you’re of my generation (I’m not saying which one) or a Robin Williams fan, you hopefully get the play... Read more
When the MNCPA calls
Feb. 13, 2017  |  By Linda Wedul
If you recently got a call from the MNCPA about your firm permit, that was a good thing. Receiving a call meant we identified your firm permit as... Read more
Ahhhhh, the smell of budget numbers in the morning!
Feb. 6, 2017  |  By Faye Hayhurst, CPA
It’s budget time at the MNCPA — one of my favorite times of the year (second only to our annual audit, but that’s for another blog post). The... Read more
Connecting people with people, opportunities
Jan. 27, 2017  |  By Stephanie Schmidt
I was reminded once again recently why I love my job. Our main goal as an association is to help people — help them learn, help them grow, help... Read more
CPAs are making a difference at the Capitol
Jan. 20, 2017  |  By Geno Fragnito
Each session brings about surprises. This year’s surprise came in the form of an early federal conformity package. After not having a tax bill for... Read more
The CPE Catalog continuum
Jan. 13, 2017  |  By Lynn Kletscher
My siblings and I relished the J.C. Penney Catalog, even fought over it. It was 1,000 pages of pure bliss. What were the hot new toys? What were the... Read more
Give and take
Jan. 9, 2017  |  By Linda Wedul
Welcome to Perspectives, a new MNCPA blog designed to share insights and observations about the accounting profession, and how the MNCPA is... Read more