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CPA Firms Are No Longer Full of CPAs

Going Concern

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.

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Friday Footnotes: CPAs Disappearing From CPA Firms; Grant Thornton Tries to Win Grant Thornton | 7.11.25

Going Concern

Public Accounting Trends Data Reveals The CPA License Is Losing Ground [ INSIDE Public Accounting ] The CPA credential remains a cornerstone of the profession, but new data indicate its prominence is steadily declining. Talent Attention, firms! percent to 48.4 s receiver is suing Ernst & Young LLP for C$1.4

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Nine KPMGs Got Real Sloppy About Reporting How Much Outsourced Work They Were Using

Going Concern

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.”

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Professionals on the Move – July 2025

CPA Practice

Schneider Downs), one of the 60 largest certified public accounting and business advisory firms in the United States, recently announced the addition of new shareholders to its ownership group. The firm also announces the addition of one new partner to its affiliate, Schneider Downs Wealth Management Advisors, LP.

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AICPA News – July 2025

CPA Practice

Projected revenue growth for the next 12 months (1%) is at its most anemic level since the third quarter of 2020, when many businesses were curtailed by the coronavirus pandemic. 80-27 regarding group exemption letters as described in Notice 2020-36. Provide guidance on Notice 2020-75 and section 461 accrual basis taxpayers.

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Friday Footnotes: The Profession’s Ethics Dilemma; Co-Pilot Called Out in Court For Calculations; Audit Uncovers File Called ‘Twilight Zone’ | 10.18.24

Going Concern

Firm Watch Accountancy firm BDO fined €1.3 million for work with Russian-held football club Vitesse [ NL Times ] The fine is regarding the work that BDO did as an accountant for football club Vitesse, and a holding company of the former owner of the club, Russian businessman Valeri Oyf, sources told FD. million.

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Professionals on the Move – July 2025

CPA Practice

Schneider Downs), one of the 60 largest certified public accounting and business advisory firms in the United States, recently announced the addition of new shareholders to its ownership group. The firm also announces the addition of one new partner to its affiliate, Schneider Downs Wealth Management Advisors, LP.