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State CPA Society News & Updates: Feb. 2024

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. All net proceeds from the tournament will be used to fund scholarships to college and university accounting students in Arkansas. Farber, CPA – UHY LLP Teresa J.

CPA 65
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Monday Morning Accounting News Brief: Living in Mom’s Basement; OnlyFans Tax Investigations; Finance vs. Accounting | 12.12.22

Going Concern

“​​Even the most gullible person should not believe Sam’s claim that this was an accounting error.” Today we learn that Arkansas is not being hit with the accountant shortage as bad as other states : In Arkansas, the decline is not as severe. Lastly, “finance or accounting?”

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Friday Footnotes: EY on the Private Equity Offer; KPMG Tries to Stop Partner Poaching; Taxing the Metaverse | 9.8.23

Going Concern

Little Rock housing authority will provide auditing firm with range of requested documents [ Arkansas Advocate ] HUD assessed Little Rock’s federally-funded public housing authority’s physical condition, financial condition, management and use of its capital fund and gave it 40 points out of a possible 100.

Tax 105
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Friday Footnotes: PwC Is Tops in M&A Advisory; What You Can Do With a MAcc; EY Consolidates in LatAm | 4.28.23

Going Concern

News The leak that puts a multibillion-dollar industry at risk [ Sydney Morning Herald ] A foolish attempt to help multinational companies avoid paying tax in Australia has spectacularly backfired on the multibillion-dollar professional services industry, infuriating Canberra and potentially costing these high-profile firms billions in fees.

Colorado 103
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Friday Footnotes: EY Partners’ Snazzy Secret Meeting; PwC Talks Layoffs; Merger Mania! | 8.19.22

Going Concern

NoVa accounting firm absorbs second Richmond peer in 5 years [ Richmond BizSense ] Driven in part by a tight market for talent and a partner’s retirement, a Richmond accounting firm has merged into a larger competitor from Northern Virginia. Kimble CPAs, a 14-person firm in the West End, last month became part of Alexandria-based KWC.

audit 75
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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

“I would have thought that accountants would be seen as boring, but effective and the perfect person to do a good job on your tax return,” Wijnand Van Tilburg, a study co-author and senior lecturer in the university’s psychology department, said in a statement last week. Louis worked as a Tax Examiner for the IRS from 1985 to 1994.