Withum

NOVEMBER 2, 2023

As a firm that leads with integrity, this milestone is a testament to Withum’s commitment to handle sensitive data responsibly. The SOC 2 Type 1 examination is a rarity among accounting firms today, and I am extremely proud of our Team’s hard work and dedication to achieve this accomplishment and set Withum apart from the rest.

audit 111

audit auditor cpa firm CPA 111

CPA Practice

FEBRUARY 28, 2023

The American Institute of CPAs (AICPA) and CPA.com announced its 2023 Startup Accelerator cohort at a kick-off meeting held at AICPA headquarters in New York. This year’s participants include five early-stage companies pursuing a variety of solutions in audit, accounting, tax and e-commerce.

E-commerce 52

E-commerce Technology Texas cpa firm 52

CPA Practice

DECEMBER 14, 2023

The 2023 H&R Block Featured Franchisees of the Year, Elite 25, and Top 100 include: Featured Franchisees of the Year Anthony Temple, Mich. Bennett is a Certified Fraud Examiner and a member of the American Bar Association Institute of Internal Auditors, Institute for Internal Controls and the Association for Corporate Growth.

Iowa 52

Iowa Texas Utah Ohio 52

Going Concern

FEBRUARY 16, 2024

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

Real Estate 104

Real Estate Iowa audit CPA 104

Going Concern

MARCH 1, 2024

Meanwhile, the audit side is under increased regulatory pressure because of perceived lapses in audit quality at accounting firms of all sizes. If adopted, the proposal would strengthen auditor requirements to identify, evaluate, and communicate possible or actual noncompliance with laws and regulations.

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audit Nebraska auditor chartered accountant 107

CPA Practice

MAY 9, 2023

But employers — including CPA firms — shouldn’t assume they can breathe any easier when it comes to retaining in-demand talent. Hiring Survey suggest that skilled professionals are likely to find an abundance of job opportunities, given that many businesses are hiring both for new roles and vacated positions in the first half of 2023.

Account 115

Account accountant accounted cpa firm 115

Going Concern

OCTOBER 20, 2023

TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships. The strategic acquisition also encompasses Mueller dotKonnect, a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. It also marks the firm’s fifth office location in the South.

CPA 106

CPA quickbooks Real Estate auditor 106

Going Concern

FEBRUARY 23, 2024

FORVIS Nonprofit Study Reveals Strong Demand for Services Alongside Ongoing Workforce Shortages, Inflation [ Business Wire ] FORVIS published its annual national nonprofit study on February 22, revealing that 71% of nonprofits had increased demands for their programs and services in 2023, resulting in waitlist increases and delays.

CPA 102

CPA Illinois auditor Iowa 102

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

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 105

auditor audit New York CPA 105

CPA Practice

MARCH 21, 2023

AuditClub, a collaborative “Audit Service Center” for CPA firms and companies, has introduced AuditClub One, a in order to address the talent exodus and pipeline problems prevailing throughout the profession. Accountants are leaving corporations and audit firms in record numbers, as they reevaluate what they want from their careers.

auditor 52

auditor cpas audit cpa firm 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 112

auditor audit cpas Iowa 112

Going Concern

MAY 26, 2023

The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. The bitcoin mining company “dismissed” its previous accounting firm Marcum on May 18, appointing Deloitte to take its place. million over a decade.

public accounting 92

public accounting Account accountant accounted 92

Going Concern

JANUARY 30, 2023

Deloitte & Touche LLP partners and staffers failed to make financial disclosures required to ensure the independence of their audit work, according to new details from the firm’s 2018 PCAOB inspection. These are skills that AI simply cannot replicate.

Account 89

Account accountant accounted cpa firm 89

Going Concern

FEBRUARY 9, 2024

million directly lobbying Congress in 2023, focusing on issues such as digital assets and immigration requirements. Three of the firms also joined industry efforts to designate accounting as a science, technology, engineering, and math—or STEM—field, according to federal lobbying disclosures.

Technology 91

Technology Colorado audit cpa firm 91

CPA Practice

AUGUST 9, 2023

AuditClub, the Audit Service Center for CPA firms and companies, has launched a new alliance model designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients. “In

audit 52

audit Account accountant accounted 52

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 108

tax return Virginia accounting and finance audit 108

Going Concern

FEBRUARY 3, 2023

Big 4 EY considers handing retired US partners cut of proceeds from spin-off [ Financial Times ] EY has told retired US partners it is considering giving them a cut of the proceeds from a spin-off of its consulting arm, after complaints that the firm’s leadership is cashing in on a business built by previous generations. Ha ha,” he chuckles.

cpas 109

cpas quickbooks accounting and finance North Carolina 109

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 104

Technology audit Healthcare auditor 104

Going Concern

SEPTEMBER 15, 2023

Rules and Regs At September 19 Open Meeting, PCAOB to Consider Proposed Changes to Board Rule on Contributory Liability for Firm Violations [ PCAOB ] We’ll be sitting in on this and reporting back so you don’t have to. Firm Watch Cherry Bekaert Acquires Outsourced Accounting Firm [ INSIDE Public Accounting ] Raleigh, N.C.-based

audit 106

audit Colorado CPA Texas 106

Going Concern

AUGUST 4, 2023

Less than 1% of firms can find enough staff [ Accounting Today ] Relatively few CPA firms are able to find enough employees to fill their ranks and are resorting to strategies like hiring workers abroad, raising starting salaries, offering fully remote jobs, and hiring staff who haven’t graduated college, according to a new survey.

cpa firm 97

cpa firm CPA accounting firms accounting and finance 97

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 92

CPA Florida auditor audit 92

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 117

Account accountant accounted audit 117

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 109

Tax auditor audit accounting and finance 109

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

CPA Practice

JANUARY 18, 2023

The Houston Astros won the 2022 Major League Baseball World Series on November 5, and ready or not, spring training will kick off the 2023 season when pitchers and catchers report on February 14. Let’s look at some of the parallel problems facing both public accounting and MLB. Even MLB might have public accounting firms beat here.

public accounting 119

public accounting Account accountant accounted 119

CPA Practice

APRIL 24, 2023

ITA is the highly-regarded international not-for-profit association of leading Consulting firms and VARs, CPA firms, and technology product/service providers. As a new ITA member, LeaseQuery will attend the ITA 2023 Spring Collaborative in Vancouver BC Canada April 23-25, 2023.

Technology 40

Technology cpa firm CPA auditor 40

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

MAY 5, 2023

We’ll see how those trends unfold overtime as the economy continues to shift,” says Adam Batechlor, chief strategy and innovation officer at the Pennsylvania Institute of Certified Public Accountants (PICPA), which conducted the survey of more than 300 CPA firms in the state with Hinge Research Institute.

audit 108

audit cpas auditor Mississippi 108

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. IRS sets January 23 as official start to 2023 tax filing season; more help available for taxpayers this year [ IRS ].

audit 103

audit Account accountant accounted 103

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 100

Minnesota cpas audit CPA 100

Going Concern

JANUARY 22, 2024

Paul-based Anton Group comes at a critical time for charter schools, which are contending with a shortage of firms capable of navigating their complex finances. When asked the secret to the firm’s success, Managing Partner Jim Proppe can answer the question with one word: culture. I’ll get to it later. Legacy of Dr. Josie R.

intermediate accounting 57

intermediate accounting Minnesota Account accountant 57

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

tax preparation 97

tax preparation CPA payroll tax Illinois 97

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

DECEMBER 31, 2022

The only reason accounting salaries did keep up with inflation for so long was the lack of inflation. We’re currently working on an updated version of all these projections for 2023, in the meantime you can check out some 2023 accounting salary projection posts we’ve already put together. Article ].

accountant salary 104

accountant salary audit accounting and finance Tax 104

Going Concern

MARCH 17, 2023

Johnson continues, “If accounting firms want to venture deeper into the world of financial planning or wealth management, I suspect they would not be able to find enough CPAs with the necessary skill set to easily step into the role. Practice 3 trends that will reshape accounting and finance in 2023 [ Journal of Accountancy ] 1.

Government 86

Government Gambling audit CPA 86