CPA Practice

MAY 9, 2023

You may have heard that job openings in the United States dropped significantly in February, falling below 10 million for the first time since May 2021. But employers — including CPA firms — shouldn’t assume they can breathe any easier when it comes to retaining in-demand talent. Your starting point?

Account 115

Account accountant accounted cpa firm 115

Going Concern

JANUARY 29, 2024

More on the New York non-CPA ownership bill. In the column he referenced this ancient document (August 1993) entitled “The case for non-CPA owners in CPA firms.” Do firms want non-CPAs to be part of the ownership ranks, or is this strictly a rhetorical question? Let’s read a little bit.

auditor 52

auditor cpa firm Account accountant 52

Going Concern

MARCH 15, 2024

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

auditor 114

auditor audit cpas Iowa 114

Going Concern

SEPTEMBER 29, 2023

by u/Altruistic-Bee-6372 in CPA Office Space PwC looks to exit Downtown for office in West San Jose [ The Real Deal ] Downtown San Jose has one more business casualty that could head west: PwC. The accounting firm subsequently used the information to advise clients on how to sidestep the tax changes.

auditor 107

auditor audit New York CPA 107

Going Concern

SEPTEMBER 1, 2022

It wasn’t until 2015 that a woman became CEO of a Big 4 accounting firm for the first time. 65% of new graduate new hires hired into accounting/finance functions of U.S. CPA firms are white. Starting I couldn’t take the kind of paycut to be a entry level field auditor or tax. Accounting is miserable.

cpas 98

cpas cma Real Estate accounting and finance 98

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 119

Account accountant accounted audit 119

Going Concern

NOVEMBER 11, 2022

‘There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ]. The Big Four accounting firms are even reaching out to high school students to share that message and creating more flexible work environments, Lansford says.

audit 92

audit auditor Louisiana cpas 92

Going Concern

JANUARY 8, 2024

S&P has placed 149 long-term, underlying and program ratings on a negative credit watch this year because the ratings company hasn’t received 2021 financial statements from the issuers. The firm works with the local governments to compile information for the audit throughout the year. We have that on file with the state.

Wyoming 125

Wyoming audit Government Montana 125

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. Firm Watch RubinBrown acquires third business advisory firm since mid-2021 [ St. Check out the auditor.

Tax 110

Tax auditor audit accounting and finance 110

Going Concern

JANUARY 5, 2024

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.

tax return 110

tax return Virginia accounting and finance audit 110

Going Concern

FEBRUARY 24, 2023

Talent The new math in recruiting at accounting firms [ Puget Sound Business Journal ] You have to scroll way too far down in this article to see a mention of salary. It’s part of a larger trend of accounting firms trying to find young talent as the industry wrestles with staffing shortages.

Technology 105

Technology audit Healthcare auditor 105

Going Concern

DECEMBER 9, 2022

The merger will become effective January 1, 2023, as teammates in the firm’s downtown office on Orange Avenue join their colleagues at the office the firm opened in Orlando’s Lee Vista office park in 2021. Baker Tilly Shops for US Law Firm as Big Four Expand Services [ Bloomberg Tax ]. Something’s up.

CPA 91

CPA Florida auditor audit 91

CPA Practice

FEBRUARY 23, 2023

You were proactive and diligent about readying your accounting firm for tax season, and yet you’re still facing staffing gaps precisely when you need all hands on deck. Unfortunately, the shortage of talent in the accounting profession isn’t minor or likely temporary. The number of U.S.

Account 121

Account accountant accounted accounting and finance 121

Going Concern

JUNE 10, 2022

This latest statement follows a pair of statements issued in October 2021 and December 2021, both of which similarly highlighted auditor independence. This latest statement follows a pair of statements issued in October 2021 and December 2021, both of which similarly highlighted auditor independence.

auditor 59

auditor accounting and finance audit CPA 59

CPA Practice

MARCH 7, 2023

You were proactive and diligent about readying your accounting firm for tax season, and yet you’re still facing staffing gaps precisely when you need all hands on deck. Unfortunately, the shortage of talent in the accounting profession isn’t minor or likely temporary. The number of U.S.

Account 105

Account accountant accounted accounting and finance 105

Going Concern

NOVEMBER 4, 2022

The rulings were issued in June 2021 but only published on October 3 as KPMG and Mr Navalkar sought an order from the FMT to prevent publication. Accountancy firm BDO has moved into a new 8,000sq ft office in Glasgow as part of ongoing plans to expand its team. Firm M&A. to Yum China Holdings Inc.

audit 98

audit Account accountant accounted 98

CPA Practice

JANUARY 18, 2023

Let’s look at some of the parallel problems facing both public accounting and MLB. But despite an upcoming exodus, most CPA firms have continued to operate in the same basic pyramid model. As the boomers in the public accounting industry continue to age out, we also can’t seem to get prospects interested in playing our game.

public accounting 119

public accounting Account accountant accounted 119

Going Concern

MARCH 22, 2024

Top Remote Accountants of the Week | March 21, 2024 Practice The worst of times: Issues in accounting in 2024 [ Accounting Today ] It’s a great time to run an accounting firm — except for how hard it is. What Role Should Auditors Play in Corporate Compliance?

Minnesota 101

Minnesota cpas audit CPA 101

Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

Account 52

Account accountant accounted CPA 52

Going Concern

MAY 15, 2023

Armanino is named in an FTX lawsui t: The latest suit was filed Friday in federal court in San Francisco against Sequoia Capital Operations, LLC, the prominent Menlo Park firm known for early backing of Apple, Inc. The plaintiffs also asserted claims against FTX’s accounting firms, Armanino LLP of San Ramon and Prager Metis CPAS, Inc.

Account 52

Account accountant accounted cpas 52

CPA Practice

FEBRUARY 21, 2023

You were proactive and diligent about readying your accounting firm for tax season, and yet you’re still facing staffing gaps precisely when you need all hands on deck. Unfortunately, the shortage of talent in the accounting profession isn’t minor or likely temporary. The number of U.S.

Account 52

Account accountant accounted accounting and finance 52

Going Concern

JANUARY 13, 2023

The Abradin association said it was denouncing Americanas for what it called a “multi-billion fraud,” while also asking regulator CVM to investigate the retailer’s auditor, PwC. Paul Munter Named Chief Accountant [ SEC ]. He has served as Acting Chief Accountant since January 2021.

audit 104

audit Account accountant accounted 104

Going Concern

DECEMBER 31, 2022

It came out later that Kengne worked for BDO USA in Atlanta from August 2019 until November 2021 as an IT audit manager and that one of the men she allegedly killed was former colleague Wesley Freeman. 18.6% (2021). 14.9% (2021). Bonus: Why is the Accounting Profession Scaring Everyone Away? Many, many years. 16% (2019).

accountant salary 105

accountant salary audit accounting and finance Tax 105

Going Concern

APRIL 22, 2022

This is an accounting firm, not a drive-thru. Audit quality indicators show importance of tone at the top [ Journal of Accountancy ] Tone at the top and appropriate deployment of personnel are among the most important indicators of a quality audit, according to a survey of CPA firms performed by the AICPA.

audit 52

audit Michigan Non-Profits auditor 52