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Decisions 2024: The Opportunities for Accounting Firms Have Never Been Greater

CPA Practice

Batch Extensions from HubSync : Helps CPA firms prepare extensions in bulk. Beyond that, there are other audit tools to consider: Audit Intelligence Analyze : Thomson Reuters is creating an Audit Intelligence Suite, and this is the first product delivered in conjunction with Synergy 2024.

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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. percent of staff holding licenses in 2024. percent to 48.4 Technology Abacus raises $6.6M

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At This Rate PE Will Have Invested More Money in CPA Firms Than KPMG Makes in a Year

Going Concern

That’s the amount of money that’s been poured into CPA firms in the last six years per this amazing CPA Trendlines research. billion and only about $10 billion shy of KPMG’s 2024 global revenue of $38.4 To put this number into perspective, it’s more than Deloitte’s 2010 revenue of $26.57

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Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

She wrote that the local firm needed to comply with a set of remedial actions or face suspension, or expulsion, from the global network. ” The new office will employ a team of 15 by the end of the year, with all positions in the Boca office staffed by accounting professionals, Goldberg said. It’s free!

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Friday Footnotes: PwC Completes Its Punishment; Hybrid Work Should Stay in 2025; Deloitte Clutters Up the Dark Web | 1.3.25

Going Concern

Psst, take our 2025 Predictions for the Accounting Profession survey. To see 2024 survey results, check out this post. Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. M&A Aprio Expands into Midwest with Acquisitions of KRD, Ltd.

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The accountant's advantage over technology in fraud prevention

Accounting Today

According to the Association of Certified Fraud Examiners 2024 Report to the Nations , 29% of fraud cases occur due to a lack of internal controls. EDT 2 Min Read Facebook Twitter LinkedIn Email Fraud drains billions of dollars from businesses annually, affecting economies around the world.