CPA Practice

DECEMBER 5, 2024

The quarterly survey includes 273 qualified responses from CPAs and Chartered Global Management Accountants (CGMAs) who hold leadership positions, such as CFO or controller, in their companies.

CPA 119

CPA cpas management accounts management accounting 119

Going Concern

MAY 12, 2025

University of Tulsa shares a bit of wisdom for students picking a major from a business school graduate whose mom was an accountant and who initially didn’t want to spend her working life surrounded by number crunchers (who does??): Shout out to my colleague for Slacking this over. But then a UTulsa professor gave her some advice.

Kansas 52

Kansas Connecticut accounted Account 52

CPA Practice

OCTOBER 14, 2024

Here are the rules and expectations: Candidates should be working in the accounting field, or supporting the field (public, private, tax preparation, consulting, academia, government) and have not turned 40 as of Oct. Candidates may nominate themselves, or may be nominated by their peers, colleagues, or others in the accounting profession.

Education 128

Education tax preparation public accounting Gaming 128

CPA Practice

JUNE 18, 2025

He also has more than 25 years of public accounting experience in the Columbus area. His executive leadership experience, coupled with his extensive experience in public accounting, further enhances Schneider Downs’ ability to provide highest-level consulting and guidance to its roster of clients.

Technology 115

Technology audit Healthcare payroll 115

Going Concern

JULY 11, 2025

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. percent to 48.4 Talent Attention, firms! s receiver is suing Ernst & Young LLP for C$1.4

cpa firm 58

cpa firm cpas CPA auditor 58

CPA Practice

NOVEMBER 4, 2024

million to the Internal Revenue Service after a rare IRS audit of the state found it owed millions of dollars in taxes in 2020. Samuel Handwerger, a Certified Public Accountant who teaches at the University of Maryland’s Robert H. In 2020, there was a $19,500 limit on annual contributions to such plans. “If

Maryland 111

Maryland Tax audit payroll 111

Accounting Today

JUNE 12, 2025

Alvarez did not have a PTIN and admitted that in 2019 and 2020 she misrepresented taxpayers eligibility for education credits and deducted fictitious business expenses from their taxable income to reduce tax liabilities and inflate refunds. All rights reserved. In March 2019, Archer filed for Chapter 7.

Tax 85

Tax tax preparation audit Technology 85

Going Concern

JULY 15, 2025

Just weeks after the profession got in a tizzy about private equity-owned firms telling staff to remove CPA from their email signatures and, in some cases, LinkedIn profiles , INSIDE Public Accounting has dropped figures on the average number of staff with CPAs at the hundreds of public accounting firms that report their data to IPA.

cpa firm 101

cpa firm cpas CPA public accounting 101

Going Concern

JULY 9, 2025

According to a recent paper in Contemporary Accounting Research , auditors with “uncommon” names are more likely to allow bending of audit standards. That’s not to say these engagement partners are outright committing audit sins, to be clear.

audit 98

audit auditor Arizona Texas 98

Cherry Bekaert

NOVEMBER 1, 2024

In early 2020, the International Association of Fire Chiefs (IAFC) realized its financial reporting needed to be timelier and more accurate. As a non-for-profit membership association that represents the leadership of firefighters and first responders worldwide, collaboration between accounting and other parts of the organization was vital.

Non-Profits 52

Non-Profits Technology audit accounting system 52

Going Concern

JANUARY 13, 2025

There is enough data to show most WFH people are not as productive unless they have ownership in the business because quite frankly [link] — Eric Pierre, CPA (@yourfavecpa) January 12, 2025 Venture capitalists are excited about accounting firms according to WSJ : Venture capitalists are known for betting on risky, moonshot technology.

accounting firms 52

accounting firms accounted Account accountant 52

CPA Practice

NOVEMBER 25, 2024

The SEC said it found UPS violated accounting and disclosure controls required by federal law, failing to follow generally accepted accounting principles, or GAAP, in valuing “one of its worst performing businesses.” In the settlement, UPS did not admit or deny the SEC’s allegations. “Had

accounting principles 52

accounting principles Sales accounted Account 52

CPA Practice

JULY 14, 2025

Mary Girsch-Bock Professionals on the Move is a round-up of recent hiring, promotion and staffing announcements from around the accounting and tax profession. Patrick Hickman, CPA , joined the firm in 2023 following a decade in public accounting with other firms. His experience spans a variety of industries and includes private equity.

West Virginia 51

West Virginia Technology Pennsylvania accounting and finance 51

Dent Moses

JUNE 25, 2025

It covered qualified wages paid between March 13, 2020, and September 30, 2021, with a longer period allowed for certain startup businesses. For example, if you claimed the credit for 2020 but got the refund in 2024—and didn’t reduce your wage expense in 2020—you should include the refund in your 2024 income.

tax return 52

tax return income tax payroll Tax 52

Ronika Khanna CPA,CA

JUNE 9, 2025

There are a variety of ways in which you can go from a basic financial report to one that gives you insights that can then easily be reviewed or shared with your accountant and/or stakeholders. One of the most powerful features of QuickBooks Online (QBO) is the ability to customize reports. Click Save customization Give it a clear name (e.g.,

quickbooks 52

quickbooks accounting and finance accounted Account 52

Going Concern

MARCH 19, 2025

Each of them violated PCAOB Rule 3211 , Auditor Reporting of Certain Audit Participants, by “failing to accurately disclose on PCAOB Form AP the participation in firm audits of other accounting firms, including, among others, component auditors, shared service centers, and critical audit matter hub.”

auditor 52

auditor audit accounting firms public accounting 52

TaxConnex

NOVEMBER 21, 2024

We’ve pulled info from a variety of sources that indicate the answer is yes – with ecommerce leading the charge, as online accounted for almost five times the number of Black Friday sales in 2020 compared with 2010. Technology has always impacted holiday shopping but the seems to grow every year: Amazon accounted for more than 17.7%

Sales 147

Sales Retail Tax online accounting 147

Going Concern

OCTOBER 18, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Firm Watch Accountancy firm BDO fined €1.3 BDO is going to appeal the decision.

audit 103

audit auditor New York accounting and finance 103

Accounting Today

JUNE 19, 2025

In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. All rights reserved. In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect.

Tax 69

Tax tax preparation Technology Real Estate 69

CPA Practice

JULY 2, 2025

Jason Bramwell Fort Lauderdale, FL-based accounting firm Alpine Mar has expanded its client offerings to include assurance services after acquiring Elliot Melamed PA, a boutique CPA firm in Coral Springs, FL. Alpine Mar says one of its biggest advantages is that its partners all started their careers with the Big Four accounting firms.

Florida 90

Florida Technology Tennessee payroll 90

Going Concern

NOVEMBER 22, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S.

auditor 52

auditor audit accounting and finance financial statements 52

Accounting Today

JUNE 5, 2025

Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. All rights reserved.

Tax 59

Tax tax preparation North Carolina tax return 59

CPA Practice

JUNE 20, 2025

Ramirez The Detroit News (TNS) A certified public accountant from Detroit convicted of stealing $14.5 million in Paycheck Protection Program loans between 2020 and 2021. Investigators said Parker, a licensed certified public accountant, recruited hundreds of small businesses in Pittsburgh and Detroit for the alleged scheme.

Pennsylvania 72

Pennsylvania CPA Technology payroll 72

SkagitCountyTaxServices

JUNE 4, 2025

Before 2020, remote jobs made up just 4 percent of the U.S. Now they account for over 15 percent , and that numbers only going to go up. This is how your team knows what theyre part of and what theyre accountable for. And when payroll is late or unreliable, it doesnt just hurt moraleit erodes trust. What you value (transparency?

payroll 91

payroll quickbooks CPA Tax 91

Withum

DECEMBER 4, 2024

Expansion of small businesses that are able to use the cash (as opposed to accrual) method of tax accounting. The election must be reflected for financial accounting purposes or the books and records of the company as well. To qualify as a small business, a taxpayer must, among other things, satisfy a gross receipts test.

Tax 105

Tax income tax Construction Non-Profits 105

CPA Practice

DECEMBER 6, 2024

Staff report The Public Company Accounting Oversight Board (PCAOB) on Dec. 3 settled disciplinary orders sanctioningNew York-based accounting firm Raines & Fischer and three of its partnersWilliam Fischer, Brian Uhlman, andSteven Sarrelfor violating PCAOB rules and standards. Sarrel and Uhlman also violated PCAOB Rule 4006.

New York 52

New York audit financial statements accounting firms 52

CPA Practice

DECEMBER 3, 2024

The FBI and our law enforcement partners will continue to identify and hold accountable anyone who defrauds taxpayers.” The IRS completed a statistical review of 1,261 total tax returns filed by Crawford in tax years 2020 and 2021. As a result, the UA’s return claimed a fraudulent federal income tax refund of $12,359.

tax preparation 97

tax preparation Georgia tax return Tax 97

Accounting Insight

JANUARY 22, 2025

Caseware , a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai , the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams. appeared first on Accounting Insight News.

Technology 52

Technology audit financial statements accounting and finance 52

ThomsonReuters

JUNE 12, 2025

This includes major ERP vendor sales teams in the enterprise sector and the largest global accounting firms and system integrators. Thomson Reuters achieved SAP’s Partner of the Year Award in 2025, is a two-time winner of the SAP Pinnacle Award (2010, 2019) and was the winner of the 2020 SAP Ariba and SAP Fieldglass Apex Award.

Tax 52

Tax E-commerce Technology Sales 52

Going Concern

MARCH 19, 2025

Dozens of current and retired partners at MHA are set to split 80 million [approximately $104 million USD] after the accounting firm confirmed plans to list on Aim, Londons junior stock market. MHA says business is booming, having gone from 90 million in revenue in 2020 to 154 million in 2024. Weapons grade pettiness, really.

audit 52

audit Construction accounting firms accounted 52

Accounting Today

JUNE 13, 2025

GEORGIA NABA president and CEO Guylaine Saint Juste (left) and Bennett Thrasher partner Durran Dunn RTW Photography Bennett Thrasher, Atlanta, announced its philanthropic arm, the Bennett Thrasher Foundation, made an investment in the National Association of Black Accountants. All rights reserved. Read the full story.)

Technology 45

Technology New York cpas Indiana 45

Withum

JUNE 24, 2025

Trades or businesses that are subject to this phase-out include businesses involving the performance of services in the fields of health, law, accounting, actuarial science, performing arts, consulting, athletics or financial services. This allows for the loss to offset income other than trade or business income in future years.

Tax 72

Tax income tax New York corporation tax 72

Accounting Insight

JANUARY 7, 2025

SaaS solution enables automation of complex lease accounting calculations, ensuring precision and simplification Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of LeaseJava, a software-as-a-service (SaaS) solution designed and developed by leasing standards experts.

accounting standards 52

accounting standards auditor international accounting standards audit 52

Menzies

MAY 21, 2025

Menzies LLP - A leading chartered accountancy firm. Consequently, BIL is entitled to reclaim overpaid VAT amounting to 21.5

Pharmaceutical 52

Pharmaceutical chartered accountant accounting firms Sales 52

Accounting Today

JUNE 26, 2025

From the second quarter of 2017 through the fourth quarter of 2020, he collected but did not pay over or report similar taxes to the IRS. All rights reserved. They instead spent the money on country club memberships and season tickets to the San Jose Sharks. Olson was also one of the owners and operators of a day spa in Saratoga, California.

Tax 71

Tax Technology tax preparation CPA 71

ThomsonReuters

DECEMBER 2, 2024

Prior to this final rule, the FLSA overtime salary threshold was $684 per week, effective January 1, 2020. The post DOL evaluating overtime salary exemption ruling with DOJ to determine next steps appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Texas 59

Texas Tax accounted Account 59

Going Concern

MAY 5, 2025

” We’ve been talking about how AI and offshoring are eliminating the fresh hire gauntlet (see: RIP Associate Work ) and thus creating a training vacuum but that’s a problem for tomorrow’s accounting firms to worry about. A church treasurer across the pond used church donations to keep his accounting firm afloat.

accounted 52

accounted Account accountant Technology 52