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Sorry, Private Equity, RSM Doesn’t Want Your Money

Going Concern

FT published an interview today with Brian Becker , RSM US CEO and managing partner since 2022, in which he states RSM will not be jumping on the private equity train that some firms have embraced this decade. It made us into a national firm, which was great. Who says the old partnership model is dead? ” See?

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The Audit Profession’s Inability to Retain Talent Poses a Serious Threat to Audit Quality

Going Concern

Just about every e mployer in corporate America is singing the blues about talent shortages caused by the Great Reset and the Great Resignation. Wh en the moderator shared my observation with the audience , she conveniently omitted my view that audit firm mismanagement of human capital was the problem. Denial of reality?

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A Future Course for Success: Strategic Assessment for a Middle Market Law Firm

Cherry Bekaert

Process guidelines for time entry, acquisition and case management have been outlined with new performance metrics defined to ensure compliance. Hiring a strategic consultant can play a central role in bridging the gap between escalating costs, expense management and maximizing efficiencies for the modern law firm.

Legal 67
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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

The Profession 2023 Accounting Firm Industry Insider Series: Key Takeaways from In-Depth Conversations with Managing Partners (Part 1) [ JD Supra ] Russell Shapiro of Levenfeld Pearlstein talks to managing partners about what’s happening in the profession. The accounting industry is in a state of transition.

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Comments are closed on Footnotes because no one here wants to be moderating comments on the weekend, you are however welcome to message the editor if you have something to say about this or any other story shared here. If there were ever a time we need our young staff to come to us with more education not less, it’s now.

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Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Craig Hopkins, audit manager of Winston-Salem-based Gibson & Co., Not to air dirty laundry, but we’ve had some major impacts that have put us way behind the eight ball, and I apologize for that.” told the town’s board of commissioners that “we’ve had some issues at the office.

Tax 93
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Digital transformation in tax: K-1 Analyzer paves the way to automation

ThomsonReuters

Traditional tax roles often include planning to decrease tax liability and increase cash flow, traditional reporting to ensure compliance with current laws and regulations, and analyzing risk to manage exposure appropriately. Process improvements and better time management come when manual burdens are reduced.