Going Concern

JUNE 6, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 44

Real Estate Account accountant accounted 44

Cherry Bekaert

MARCH 15, 2023

Author: Fred Nitting, Managing Director, Risk & Accounting Advisory Services Identifying the right internal auditor is a crucial business decision and professional CPA firms vary widely in terms of capabilities, resource availability, qualifications and much more. Ensure that you understand the answers they provide.

auditor 52

auditor audit cpa firm Education 52

Going Concern

AUGUST 31, 2023

Are you struggling to hire remote accountants, auditors, or tax professionals right for your firm or internal team? Education: BBA in accounting Candidate ID # 18756621 Proven client-facing team leader provides full cycle accounting, bookkeeping & more to a wide range of client industries!

Account 109

Account accountant accounted CPA 109

Going Concern

MAY 19, 2023

GC ] Benjamin Wann, CMA, CSCA, MBA, PMP, CPA wrote a little something about the thing we all love to hate. Each received the same set of questions, aimed at measuring what share of crypto’s upper echelon employs a third-party auditor and has an independent board. Chinese companies switch auditors to avoid U.S. or Singapore.

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auditor audit accounting and finance South Carolina 98

CPA Practice

SEPTEMBER 19, 2023

There is no need to alert this audience to the acute shortage of CPA talent. But it’s still worth underscoring how important it is for CPA firm leaders to closely monitor the job satisfaction of these precious resources — especially at a time when many of these professionals might be thinking about making a job change soon.

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cpa firm CPA accounting and finance Virginia 110

Going Concern

MAY 2, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 57

Real Estate Account accountant accounted 57

Going Concern

SEPTEMBER 6, 2023

Rather, how dueling factions within the profession are fighting for and against keeping it as the only option to CPA licensure. To summarize most of the article: barrier to entry, US workforce hemorrhaged 334,000 accountants and auditors in two years, pipeline pipeline pipeline, blah blah. Apparently South Carolina has joined them.

Minnesota 106

Minnesota South Carolina auditor Education 106

CPA Practice

JUNE 10, 2024

The Public Company Accounting Oversight Board (PCAOB) doled out $150,000 worth of total fines to a Plantation, FL-based CPA firm on June 10 for violations related to quality control, auditing failures, and missing Form AP deadlines.

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Going Concern

JANUARY 29, 2024

NYSSCPA CEO Calvin Harris, CPA said in a column for CPA Journal : But the winds of change have long been upon us. This is part of why New York Governor Kathy Hochul’s recent signing of “non-CPA ownership” into law is such a big deal. More on the New York non-CPA ownership bill. Let’s read a little bit.

auditor 52

auditor cpa firm Account accountant 52

CPA Practice

AUGUST 9, 2023

AuditClub, the Audit Service Center for CPA firms and companies, has launched a new alliance model designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients. “In As a result, Lighthouse has become a one-stop shop for all accounting related services.”

audit 52

audit Account accountant accounted 52

Going Concern

MARCH 22, 2024

The decision was backed by a partner vote, following a first three years dominated by efforts to repair the firm’s reputation in the wake of a series of scandals. She made general manager at 29 with a CPA [ eFinancialCareers ] Many young professionals begin to eye managerial posts as they approach their 30s – but Shanny Lee (CPA, Aust.)

Minnesota 92

Minnesota cpas audit CPA 92

CPA Practice

FEBRUARY 28, 2023

“The Accelerator program has been instrumental in helping us stay ahead of emerging trends while connecting CPA firms with leading-edge solutions uniquely tailored to meet the evolving needs of the profession.” The solution automates the audit testing process and generates a GAAS-compliant workpaper.

E-commerce 52

E-commerce Technology Texas cpa firm 52

Going Concern

SEPTEMBER 29, 2023

CPA Exam Friendly reminder, deadlines to apply for BEC before the new exam in 2024 are quickly approaching. CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever Also, WTF? CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever Also, WTF? Did Exam Costs go up?

auditor 100

auditor audit New York CPA 100

Going Concern

NOVEMBER 11, 2022

The next generation of accountants and auditors is in demand, but Ben Lansford, an accounting professor and director of the Master of Accounting program at the Jones Graduate School of Business at Rice University explained why some are hesitant. Many auditors responding to the FERF study noted an increase in effort by their teams (68%).

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Going Concern

FEBRUARY 9, 2024

However, the professional services firm refused, after claiming the report contained privileged and confidential information. To help protect tax professionals against this emerging scam, the IRS is hosting a special series of educational webinars aimed at the tax community. The sessions will begin Feb. 12 and run each day next week.

Technology 84

Technology Colorado audit cpa firm 84

ThomsonReuters

MARCH 16, 2023

The key is bringing together their strengths to help firms stay ahead of the curve. The reality is that the face of audit is changing , and today’s auditors are expected to be well-versed in a variety of disciplines. T he modern auditor must bridge the gap between business insights and innovative technology.

Technology 59

Technology audit auditor Maine 59

Going Concern

MAY 5, 2023

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. The report says CPAs are generally paid more than non-CPAs, but the pay gap between the two shrinks when moving from entry-level to the manager level. “We

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Going Concern

APRIL 20, 2022

This latest iteration of the report covers university data reported to the Integrated Postsecondary Education Data System (IPEDS) for the 2019–20 academic year in addition to abbreviated university responses regarding enrollment expectations for both the 2019-20 and 2020-21 academic years. Well, not exactly current. That’s a great thing.

Account 52

Account accountant accounted CPA 52

ThomsonReuters

MAY 22, 2024

In today’s dynamic and competitive business environment, owners and partners of accounting and audit firms should, at least, be considering cloud-based technology as part of their broader strategies. It is also important to educate employees on the evolving security threats that organizations face.

accounting firms 52

accounting firms Technology Account accountant 52

Going Concern

MAY 15, 2023

” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a barrier to becoming a CPA? Is it time to reimagine how we prepare CPAs for an increasingly evolving profession?

Account 52

Account accountant accounted cpas 52

CPA Practice

JULY 27, 2023

As an example of the ChatGPT response to “What are the most time-consuming items in a CPA Firm,” ChatGPT suggested the following (completely unedited): Accounting or Certified Public Accountant (CPA) firms often have to manage numerous tasks, some of which can be quite time-consuming.

Technology 98

Technology audit Education accounting and finance 98

Going Concern

JANUARY 22, 2024

I don’t mean that in the snarky “tell us again how you walked uphill both ways in the snow to the CPA exam testing gym” way. I just added… — Brian Streig, CPA (@cbriancpa) January 21, 2024 …and people spent the rest of the weekend sharing horror stories about their Intermediate professors.

intermediate accounting 57

intermediate accounting Minnesota Account accountant 57

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.

Government 79

Government Gambling audit CPA 79

Going Concern

JANUARY 26, 2024

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. AI Is your firm keeping pace? How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations.

Account 115

Account accountant accounted audit 115

CPA Practice

FEBRUARY 6, 2024

Meanwhile, 60% of firms surveyed reported that they expected to have the same or higher number of CPAs on staff in 2023 compared to 2022. As firm leaders, community advocates, educators, and mentors, members play a vital role in strengthening the pipeline.

cpas 59

cpas CPA accounting careers Education 59

Going Concern

DECEMBER 9, 2022

Britain’s biggest companies and their auditors are playing a £10bn game of musical chairs. Mandatory auditor rotation was introduced by the EU in 2016, aimed at eliminating supposed cosiness between companies and auditors. Companies “would need to continually educate new auditors on their businesses and risks”, it added.

CPA 85

CPA Florida auditor audit 85

Going Concern

AUGUST 4, 2023

Practice How one small firm drastically cut its busy-season hours [ Journal of Accountancy podcast ] Johanna Sweaney Salt, CPA, CGMA, used to work 100 hours a week during busy season. Today, Johanna remains a full-time partner at the firm, and her son, Dalton Sweaney, CPA, is now the managing partner.

cpa firm 94

cpa firm CPA accounting firms accounting and finance 94

Going Concern

FEBRUARY 24, 2023

9 in 10 Accounting and Audit Firms Struggle to Find Talent [ CPA Practice Advisory ] Sensing a pattern here… What is the fastest-growing challenge facing accounting firms and internal audit departments today? More than 90% point to hiring and retaining skilled accountants and auditors. The non-U.S. respondents.

Technology 102

Technology audit Healthcare auditor 102

Going Concern

AUGUST 25, 2023

Adventist Auditors Gather in Copenhagen for Spiritual and Professional Renewal [ ANN ] Maryland legend Tom Hood was there! She takes special interest in educating her clients and helping them be as strategic as possible when it comes to their tax situation or business finances.

tax preparation 93

tax preparation CPA payroll tax Illinois 93

Going Concern

MARCH 10, 2023

And I oop– It’s true (Part II, Item 8 “Report of Independent Registered Public Accounting Firm”). KPMG has served as SVB auditor since 1994. Check out the auditor. Have a screenshot instead and check out that upvote ratio (!) He has pledged not to raise taxes on anyone earning less than $400,000 annually.

Tax 107

Tax auditor audit accounting and finance 107

Going Concern

MARCH 15, 2024

Social compliance audits have become a multibillion-dollar global industry, as corporations hire firms—sometimes confidentially—to perform hundreds of thousands of workplace safety inspections each year and solve potential public relations issues when supply chain or labor matters surface. Education Sen. Seven percent are not sure.

auditor 108

auditor audit cpas Iowa 108

Going Concern

JANUARY 5, 2024

CPA Tom Janney Announces Retirement [ WJLE ] Local stories like these are so cute. Longtime local CPA Tom Janney has announced his retirement from the tax and accounting side of Janney & Associates, CPAs, PC, a business he started in 1992 but sold to another firm fourteen months ago. Happy trails, Tom!

tax return 105

tax return Virginia accounting and finance audit 105