Remove 2025 Remove accounting firms Remove CPA Remove cpa firm
article thumbnail

Grant Thornton Sheds 350 Employees, Delays Start Dates for New Associates

CPA Practice

As Grant Thornton moves closer to sealing a deal on a significant private equity investment from New York-based New Mountain Capital, the seventh-largest accounting firm in the U.S. Another 200 advisory folks were laid off from the firm last November. Many of the largest accounting firms in the U.S. of its U.S.

article thumbnail

AuditFile Partners with AuditClub for Audit Efficiency and Quality

CPA Practice

AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews.

audit 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AuditClub Announces New Quality Management Subscription

CPA Practice

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
article thumbnail

How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

There are several ways accounting professionals and organizations can benefit from upskilling and reskilling online — whether to prepare for the CPA exam, build cutting-edge analytic capabilities, or create a new talent strategy. In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025.

article thumbnail

Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

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.

article thumbnail

Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

The decision was backed by a partner vote, following a first three years dominated by efforts to repair the firm’s reputation in the wake of a series of scandals. She made general manager at 29 with a CPA [ eFinancialCareers ] Many young professionals begin to eye managerial posts as they approach their 30s – but Shanny Lee (CPA, Aust.)

article thumbnail

Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

Compliance requirements for SB 253 are as follows: Beginning in 2026 (for reporting year 2025), reporting entities are required to annually report their Scope 1 and Scope 2 greenhouse gas emissions. and professional services (CPA, consulting and wealth management firms). More guidance on this is forthcoming.