CPA Practice

FEBRUARY 9, 2024

The company—the nation’s eighth largest accounting firm with more than 130 offices around the U.S.—has has hired RSP Architects and ICRAVE to design the space, which is expected to open in 2025.

Minnesota 116

Minnesota Sports accounting firms Account 116

Going Concern

APRIL 2, 2024

Real estate news site The Real Deal reports everyone at PwC’s San Jose office will be moving away from downtown and into new digs soon: Accounting firm PricewaterhouseCoopers has signed a long-term lease for 141,000 square feet in Federal Realty Investment Trust’s Santana Row development, according to a Federal Realty press release.

Real Estate 91

Real Estate accounting firms Account accountant 91

Menzies

MARCH 25, 2024

Menzies LLP - A leading chartered accountancy firm. Therefore, any EMI share options granted between 6 April 2024 and 5 April 2025 must electronically notify to HMRC by 6 July 2025. Therefore, any EMI share options granted between 6 April 2024 and 5 April 2025 must electronically notify to HMRC by 6 July 2025.

chartered accountant 59

chartered accountant Tax Legal accounting firms 59

CPA Practice

MAY 14, 2024

The Public Company Accounting Oversight Board (PCAOB) has overhauled its decades-old quality control requirements for audit firms by adopting a new standard on May 13 designed to put the onus squarely on auditors and executives. Firms themselves have also changed significantly, as has the role of firm networks.

auditor 59

auditor audit accounting firms financial statements 59

Withum

NOVEMBER 29, 2023

Entities created before January 1, 2024 have until January 1, 2025, to file the report. Entities created on or after January 1, 2024 and before January 1, 2025 have 90 days after creation or registration to file a report (note the 90-day period replaces a 30-day period and was finalized on November 29, 2023).

Legal 115

Legal Non-Profits income tax Tax 115

Going Concern

DECEMBER 22, 2023

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. Talent The Race Is On to Hire Interns for 2025. One key reason: PwC is trying to compete for top talent amid a dwindling number of accounting majors. Don’t hesitate to reach out.

auditor 105

auditor audit accounting firms accounting and finance 105

ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

tax planning 78

tax planning Tax Technology tax return 78

Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm. The regime will not be scrapped until April 2025 but it has been announced that anti-forestalling rules will be introduced to prevent unconditional contracts being used to secure certain tax benefits in the interim.

Construction 64

Construction chartered accountant Tax Government 64

CPA Practice

MAY 10, 2024

The Florida Institute of Public Accountants (FICPA), Nova Southeastern University (NSU) and three South Florida accounting firms – Berkowitz Pollack Brant, Kaufman Rossin and PAAST – have launched a new partnership that will assist future certified public accountants (CPAs) on their path to licensure.

CPA 52

CPA Florida cpas Education 52

Accounting Insight

JANUARY 8, 2024

Owning an accounting firm isn’t just about the bottom line — it’s also about people. Keeping your employees happy is always a priority for firm owners, but it’s even more critical now as the world faces an unprecedented accountant shortage. If you haven’t put yourself in their shoes, it’s time to start.

Technology 52

Technology accounting firms audit Account 52

CPA Practice

MAY 25, 2023

AuditClub, the Audit Service Center and creator of the auditors-as-a-service model, has announced new solutions to help accounting firms succeed in navigating and implementing the AICPA’s new quality management standards. AuditClub Compass gives firms a road map for the journey to audit quality compliance with the new standards.

auditor 52

auditor audit cpa firm CPA 52

CPA Practice

MAY 2, 2023

The baby boomer generation retiring at a rapid pace is leaving a significant gap in the accounting industry, and firms are struggling to replace experienced professionals. Annual Replacement Employment for accountants and auditors in the US was 114,730 between 2020-2021, projected to rise to 129,627 by 2025-2026.

cpas 69

cpas auditor accounting firms accounting and finance 69

CPA Practice

AUGUST 22, 2023

Forbes reports that with Millennials on the verge of becoming an overwhelming majority in the workforce (75 percent by 2025) and Gen Zs fast on their heels as greater numbers enter the workforce, the combined influence of the two generations will dramatically transform the workplace.

Account 95

Account accountant accounted auditor 95

Going Concern

SEPTEMBER 8, 2022

This puts a decent-sized buffer between Deloitte—the biggest accounting firm in the world in terms of revenue—and second place PwC. In an interview with the Financial Times in July, PwC Global CEO Bob Mortiz said the firm’s global revenue for its most recent fiscal year would be close to $50 billion, up from $45.1

audit 91

audit Legal accounting firms Government 91

Menzies

NOVEMBER 24, 2023

Menzies LLP - A leading chartered accountancy firm. The Chancellor, Jeremy Hunt, has delivered his Autumn Statement to Parliament earlier, which includes 110 measures for growth across the board.

Manufacturing 59

Manufacturing chartered accountant Construction accounting and finance 59

Reckon

JUNE 2, 2022

Dave sat down to chat with Alex (writer at Reckon) to distill the perks and perils of hybrid and remote work for Australian accounting firms. Why do you think some accounting practices embrace remote work more than others? trillion by 2025. Worldwide, the impact is set to surge even further, hitting US $10.5

Technology 98

Technology Account accountant accounted 98

CPA Practice

SEPTEMBER 7, 2023

The accounting rules will be mandatory for all companies—public and private—for fiscal years beginning after Dec. This means 2025 adoption for calendar year-end companies. 15, 2024, including interim periods within those years. Companies will be allowed to adopt the rules once FASB formally publishes them later this year.

accounting standards 98

accounting standards financial statements Account accountant 98

CPA Practice

MARCH 21, 2023

In the accounting profession, staying on top of current trends and looking for ways to leverage them as part of your growth strategy is crucial. According to Gartner, by 2025, organizations that use AI across the marketing function will shift 75% of their staff’s operations from production to more strategic activities.

Start-ups 119

Start-ups accounting firms Account accountant 119

ThomsonReuters

NOVEMBER 21, 2023

Jump to: Set engagements and expectations for next year Address economic pressures that are top of mind Advise on tax planning topics As the year comes to a close, most accounting firms are guiding clients through the complexities of year-end tax planning. Many of the TCJA provisions are planned to expire in 2025.

tax planning 52

tax planning Tax payroll tax Education 52

CPA Practice

FEBRUARY 9, 2023

The two organizations have also aligned behind a common goal to advance quality management and compliance with the AICPA Statement on Quality Management Standards that go into effect in December 2025 and the PCAOB’s proposed quality control standard.

audit 105

audit auditor cpa firm CPA 105

CPA Practice

JUNE 5, 2023

The Delaware Society of Certified Public Accountants (DSCPA) is offering the Delaware Ethics for CPAs course. The course is designed for Delaware professional accountants and is $149 for DSCPA members and $209 for non-member. Check out DSCPA.org for more information or to register online.

CPA 111

CPA Delaware Oklahoma Massachusetts 111

Shay CPA

FEBRUARY 21, 2024

You have until January 1, 2025, to file this report. Again, you have until January 1, 2025, to get this done. Specifically, the report tells the network about any beneficial owners, meaning anyone who directly or indirectly has substantial control in the company or owns/controls at least 25% of the company’s ownership interest.

CPA 52

CPA Tax Start-ups Legal 52

Menzies

SEPTEMBER 2, 2022

Menzies LLP - A leading chartered accountancy firm. This was due to end in April 2021 and will now come to an end in April 2025. The government has extended the availability of 100% first year allowances on the acquisition of cars, zero-emissions goods vehicles and equipment.

Tax 52

Tax chartered accountant corporation tax Transportation 52

ThomsonReuters

MARCH 17, 2022

and by 2025, Gen Z will make up 27% of the labor force. With the number of college students enrolled as accounting majors hitting record numbers, there will be more accounting professionals from younger generations in the years to come. This raises the question of how to manage millennial and Gen Z accountants.

Account 52

Account accountant accounted cpas 52

CPA Practice

FEBRUARY 27, 2024

Aprio Wealth Management , a subsidiary of Aprio, LLP , the fastest-growing business advisory and accounting firm in the U.S. , commercial real estate loans maturing by the end of 2025, which will catalyze difficult conversations between lenders and borrowers. In fact, according to Morgan Stanley , there is $1.5 trillion of U.S.

Real Estate 52

Real Estate Manufacturing Construction accounting firms 52

Going Concern

APRIL 19, 2024

consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines. The Big Four accounting firm is considering adding about 85 U.S. Ardoino stated, “None of the Big Four firms are willing to audit us.”

cpas 87

cpas accounting firms Account accountant 87

CPA Practice

DECEMBER 11, 2023

By 2025, Global 2000 (G2000) organizations will allocate over 40% of their core IT spending to AI-related initiatives, leading to a double-digit increase in the rate of product and process innovations. For instance, AI can automate repetitive tasks such as data entry, allowing accountants to focus on more complex tasks.

Technology 124

Technology audit E-commerce accounting principles 124

Going Concern

JUNE 23, 2022

All these years later, a small handful of accounting firms are taking the leap into the metaverse. Whatever the reason for our disappointment, expect more self-congratulatory press releases about exciting new Half-Life metaverse spaces with accounting firm logos on them to come as we trudge ever onward into the glorious virtual future.

Maryland 129

Maryland CPA Gaming cpas 129

Withum

FEBRUARY 26, 2024

It’s a chance for us to get together with our industry contacts, clients, and other accounting firms to discuss hot topics for the current year and the upcoming year. We highly recommend the event to our clients, bank contacts, and other accounting firms. Potential ERC claims should be submitted as soon as possible.

cpas 52

cpas Tax Start-ups Sales 52

Menzies

JANUARY 29, 2024

Menzies LLP - A leading chartered accountancy firm. The first reports made by the online platforms about their users must be submitted to HMRC before 31 January 2025. As such we expect HMRC will consider opening a targeted disclosure facility aimed at users of online platforms in the coming months.

Tax 59

Tax tax return chartered accountant Start-ups 59

ThomsonReuters

FEBRUARY 9, 2024

Webinar How to utilize generative AI to excel your tax and accounting services Learn how GenAI can help you create new insights, solutions, and opportunities for yourself and your clients.

Tax 110

Tax tax return Technology income tax 110

Going Concern

MAY 26, 2023

Instead, it has become a magnet for fraud, creating a cottage industry of firms that market themselves as tax credit specialists who can help clients — even those who don’t actually qualify for the money — reap huge refunds from the I.R.S. Deloitte is set to act as the mining company’s independent registered public accounting firm for 2023.

public accounting 83

public accounting Account accountant accounted 83

Menzies

AUGUST 18, 2023

Menzies LLP - A leading chartered accountancy firm. This provides a grace period of 18 months, until 1 February 2025, for producers and importers to adjust their practices accordingly and help minimise disruption to the wine industry. These businesses are allowed to use an ‘assumed strength’ of 12.5%

Hospitality 52

Hospitality chartered accountant Government Tax 52

Withum

SEPTEMBER 15, 2023

Businesses and accounting firms will monitor the progression of the bill closely, however, 2023 estimated tax payments should still include the capitalization of 174 R&E.

tax return 69

tax return payroll tax income tax Tax 69

CPA Practice

SEPTEMBER 28, 2023

The American Institute of CPAs has released a new practice aid to help accounting professionals create a system of quality management (QM) for their firm’s accounting and auditing practice. Establishing such a system is a requirement of new AICPA QM standards, and the effective date for compliance is December 15, 2025.

audit 52

audit Account accountant accounted 52

Withum

NOVEMBER 29, 2023

Entities created in 2024 have until January 1, 2025, to file the report. Yes, there are 23 exemptions from the reporting requirement, including the following: Inactive entities owned by U.S. 5 & FAQ J.1. When is reporting required? Reporting starts January 1, 2024, and nothing can be filed before that date.

Legal 91

Legal Non-Profits income tax Tax 91

PYMNTS

DECEMBER 7, 2020

Some studies show that 80 percent of all buyer-supplier transactions could be digital by 2025, in fact, increasing the pressure on businesses to adopt digital B2B solutions — or lose their competitive edge in the rapidly shifting market.

Spend Management Tools 107

Spend Management Tools B2B accounts payable Spend Management 107