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KROST Recognizes New CPA Licensees at the CalCPA LA Chapter ABC Networking Mixer 2021

KROST

KROST recognized our new CPA licensees at the CalCPA LA Chapter ABC Networking event on November 18th at the Luxe Hotel on Sunset in Hollywood. Congratulations to: Shelby Anna Brennan, CPA. Hoang Lan N Ho, CPA. Kimberly May Hoang, CPA. Cara Wang, CPA. Learn more about our Tax Services »­.

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What Private Equity Means for Accounting Firms: Thought Leaders Explore Pros and Cons

CPA Practice

Audit firms cannot be owned and operated by non-CPAs, therefore firms that accept majority outside investment, or are hoping to attract it in the future, generally must organize their audit/attest practice independently from their tax/advisory/consulting side, allowing for PE investment in the latter.

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The Accounting Talent Shortage is Not New, You Guys

Going Concern

Nearly 4 in 10 accounting graduates hired last year by CPA firms had master’s degrees, compared with 26 percent in 2008. Up against the 2011 report, the 2021 report numbers look great. Firms of all sizes are looking to expand practice areas and pursue new market segments. This is a decrease of 2.8%

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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

public accounting firms, however, turnover has continued to increase. The author’s research found that conflict surrounding work-life balance practices, and perceptions of unfair treatment with regard to their application within a CPA firm, were directly correlated to employee turnover intentions. 116-283, in 2021.

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Bonadio Group to Add Dallas Firm Howard LLP

CPA Practice

The Bonadio Group, a top 50 accounting firm based in Pittsford, NY, is merging in a top 400 CPA firm—Dallas-based Howard LLP. Pike started working at Howard in 2004 and has served as the firm’s CEO since 2021. The deal is expected to close on Nov. Pike will succeed Jeff Wexler as Dallas regional managing partner.

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Grassi Transitions to ESOP, Alternative Practice Structure

CPA Practice

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. In addition, the top 60 accounting firm said it is shifting to an alternative practice structure “ensuring the firm’s independence and strength.”

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Accounting Software Maker IRIS Sees 30% Growth

CPA Practice

myPay by IRIS provides comprehensive outsourced payroll and associated banking and tax services via CPA firms to small and medium-sized businesses across all 50 states in the United States. Farm Credit East, ACA and BBFS, Inc.