Accounting Today
OCTOBER 20, 2023
The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.
Going Concern
OCTOBER 20, 2023
Ed. note: A reader sent in this thought-provoking essay on their experience as a CPA. In it the author covers their introduction to accounting, the impact the pandemic had on their goals, and the all too familiar feeling of watching your peers make buckets of money in other careers while you grind away in public. If you take nothing else from it, read this quote: “I hope that individuals can work to widen the pipeline to the point that anyone who has ever even THOUGHT about pursuing the CP
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CPA Practice
OCTOBER 20, 2023
Accounting and finance professionals in the U.S. are leaving their jobs at a significant rate, with millennials and Generation Z leading the exodus, according to a new report from the Institute of Management Accountants (IMA) and staffing firm Robert Half. The report, Talent Retention in the U.S. Accounting and Finance Profession , based on a survey of 1,236 current and former accounting and finance professionals and academics in the U.S., reveals that professionals ages 18 to 36 experienced the
Going Concern
OCTOBER 20, 2023
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. See ya. Talent Deloitte UK plans to axe 150 graduate consulting jobs [ Financial Times ] Deloitte UK plans to axe about 150 junior consulting jobs in two of its consulting teams, even as partners at the firm earned an annual ave
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
CPA Practice
OCTOBER 20, 2023
It never seems to end: The IRS continues to contest classifications of workers who are treated by employers as “independent contractors” instead of employees. And no wonder: There are often thousands of tax dollars — or maybe more—at stake. Fortunately, some employers can rely on a special safe-harbor rule to bail them out of a tough situation. Here’s the crux of the matter: If a worker is classified as an employee, the employer must pay its share of payroll taxes, withhold the employee’s share
Going Concern
OCTOBER 20, 2023
On Thursday the IRS announced a special withdrawal process to help those who may have filed an Employee Retention Credit (ERC) claim and are worried they may not be entitled to it. This comes on the heels of the IRS issuing an immediate moratorium on ERC claims in September because “aggressive promoters” are why we can’t have nice things.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
OCTOBER 20, 2023
A new study from the University of Florida revealed how financial fraud can play a surprising role in the struggling accounting labor force. The study’s co-authors—Assistant Professor Robert Carnes and Deloitte Foundation Term Associate Professor Paul Madsen, along with University of Oregon Associate Professor Dane Christensen—found that incoming students are actually more likely to major in accounting when local frauds occur during their formative years.
Accounting Today
OCTOBER 20, 2023
Plus, Bloomberg Tax & Accounting introduces AI lab; and other news from the accounting technology world.
KROST
OCTOBER 20, 2023
Asian Hall of Fame is hosting its 19th Induction Ceremony to welcome the Class of 2023 Inductees. The black-tie event will be held at The Biltmore Los Angeles on Saturday, October 21st, from 4:00pm to 8:00pm. During the night, there will be a red carpet press line, performances from GRAMMY artists, an awards ceremony, a Read the full article. The post KROST is Attending Asian Hall of Fame Induction 2023 appeared first on KROST.
Randal DeHart
OCTOBER 20, 2023
Once your construction business is up and running, it’s essential not to rest on your laurels. Successful business owners always look for ways to grow and maximize their profits. We’ve compiled a guide and checklist to help you identify ways to get the most out of your contracting company. 1. Grow your sales Contact your best clients. One of the easiest ways to increase sales is to sell more to your existing clients.
Advertiser: Paycor
HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.
Accounting Today
OCTOBER 20, 2023
The deal will expand the Top 40 Firm's footprint to Kentucky and Indiana.
Withum
OCTOBER 20, 2023
On Friday, October 6, Seton Hall honored Pat Walsh , Managing Partner and CEO, with the 2023 Most Distinguished Alumnus Award at their 36th Annual Many Are One Celebration. Alums, faculty, students, parents and supporters of Seton Hall gathered at the Legacy Castle in Pompton Plains, NJ, to recognize and celebrate Pat’s outstanding achievements in servant leadership within the accounting profession and devotion to Seton Hall.
Accounting Today
OCTOBER 20, 2023
Collins is "not a fit and proper person to provide financial services" and it is in the public interest for him to be barred from working in the sector, the Australian Securities and Investments Commission said in a statement.
CPA Practice
OCTOBER 20, 2023
By Irina Anghel, Bloomberg News (TNS) KPMG U.K. is planning to cut 125 consulting jobs in the U.K. in response to falling demand and challenging economic conditions, according to a person familiar with the matter. The firm has started a consultation process to reduce client-facing roles in the consulting arm, the person said. The firm is also shifting some employees to more in-demand areas within the company.
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
Accounting Today
OCTOBER 20, 2023
Armanino adds tax managed services offering; Leo Berwick hires four practice leaders; and more news from across the profession.
CPA Practice
OCTOBER 20, 2023
Professionals on the Move is a round-up of recent promotions and hiring from across the profession. Former CTO of Uber to lead the Emerging Giants group at KPMG KPMG has announced that Francois Chadwick has been appointed to lead the Emerging Giants group within the Private Enterprise practice at KPMG. Working closely with the Private Enterprise – Tax leader,Brad Sprong, Francois will be focused on accelerating the strategic growth priority for the firm to provide audit, tax and advisory service
Cherry Bekaert
OCTOBER 20, 2023
In the third and final part of our 3-part series around Continuous Improvement, Jim Holman , Director and Strategy & Operations Leader, rejoins with Steve Holliday , Director of Digital Advisory. Together, they address how to foster and advance a continuous improvement culture and create focus on the best initiatives for your business impact. Our Cherry Bekaert Digital Advisory practice is rolling up its sleeves to help organizations like yours to identify, analyze and implement ongoing
CPA Practice
OCTOBER 20, 2023
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. AICPA Releases Statement on IRS Announcement Concerning ERC Mills The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) detailing additional steps being taken to address aggressive and unscrupulous Employee Retention Credit (ERC) mills.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
Canopy Accounting
OCTOBER 20, 2023
The emergence of the remote work phenomena, accelerated by the COVID-19 pandemic, has reshaped and revolutionized various industries, including accounting. This profound shift has brought about significant changes in work dynamics and operational methodologies within accounting practices.
CPA Practice
OCTOBER 20, 2023
By Adam Haigh, Bloomberg News (TNS) Former PwC Australia partner Peter Collins was banned by Australia’s markets regulator from providing financial services for eight years. Collins is “not a fit and proper person to provide financial services” and it is in the public interest for him to be barred from working in the sector, the Australian Securities and Investments Commission said in a statement Friday.
Canopy Accounting
OCTOBER 20, 2023
Learn how to cut through the noise and find your ideal clients, start conversations with them, and turn them from "Who are you?" to "How can we work together?
CPA Practice
OCTOBER 20, 2023
As many of us in the accounting profession have learned over the years, and especially in the current environment of talent scarcity, structuring a high-performing team in your firm is no easy feat. Whether you have worked to build an engaging and effective culture or not, your practice has a culture. I know from my experience in building companies over the years, each part of the culture-building process needs to be intentional if you want your culture to positively contribute to ROI and the he
Advertiser: Paycor
Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.
Accounting Today
OCTOBER 20, 2023
Once you have the right people, how do you get them in the right place to maximize productivity and firm growth?
CPA Practice
OCTOBER 20, 2023
The ADP Research Institute (ADPRI) reveals the business impact of promotions and presents a new way to measure worker motivation and commitment in Today at Work , a fresh and comprehensive data-driven resource for business leaders and other decision-makers. In the September issue of Today at Work – “The Hidden Truth About Promotions” – ADPRI shows how promotions, under certain conditions, can impact businesses, a finding that underscores the importance of having a thoughtful retention plan and a
CPA Practice
OCTOBER 20, 2023
People preparing for retirement have mandatory Social Security meant for post-retirement costs. However, Social Security is barely enough to sustain one’s cost of living in today’s economy. Private pensions like 401(k) and annuities help as additional retirement preparation plans, but in reality, not many people know of these options until they are nearing retirement.
CPA Practice
OCTOBER 20, 2023
By Andre Bredell. With governments around the world looking to restructure their economies in response to a looming climate crisis, it is no longer enough for businesses to just donate to environmental causes. Organizations are increasingly required to adopt sustainability at the heart of their business practices and strategies, which calls for a broader set of financial accounting skills focused on environmental, social and governance (ESG) reporting.
Advertisement
Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.
Expert insights. Personalized for you.
143 
Let's personalize your content