8 Technology with a Human Touch

We all know that digital tools like new software , advance protocols and AI have forced firms into new challenges and new operating modes . And while these resources are here to stay , they need to be balanced by soft skills that help make all applications of the digital more successful .

3 CPAs and the Digital Economy

From blockchain to cryptocurrency to digital wallets , there is no disputing that the digital economy is here to stay — and that there is an impact on the CPA profession . DENISE LeDUC FROEMMING , CPA

12 Corporate Transparency Act

The Corporate Transparency Act mandates millions of entities report their beneficial ownership information . Here ’ s an overview of the provisions and what the new rules means . JAMES C . COUNTS II , CPA , & ANDREW MATTSON , CPA

15 AI is Here . What ’ s Next ?

Artificial intelligence is rapidly transforming the world as we know it . From chatbots and virtual assistants to self-driving cars and intelligent robots , AI has significantly impacted various industries and is poised to revolutionize many more soon . TOMMY STEPHENS , CPA

19 COT / IRS Liaison Meeting

From tax controversies to digital assets to criminal investigations , learn about some key updates discussed at a recent CalCPA Committee on Taxation meeting with the IRS . CELIA LAU , CPA

californiacpa . calcpa . org Volume 92 , No . 1 , July 2023

California Society of Certified Public Accountants

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2 CALIFORNIA CPA JULY 2023 www . calcpa . org