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Are There Conflicts of Interest Between the IRS and Accounting Firms?

CPA Practice

The question in the title of this article is one the Treasury Inspector General for Tax Administration (TIGTA) recently tried to answer for some members of Congress who asked the IRS watchdog to evaluate employees moving between large accounting firms and the IRS, often referred to as the “revolving door.”

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15 Accounting Firms Are Now Members of the ‘Billion-Dollar Club’ in the U.S.

CPA Practice

Fifteen public accounting firms in the U.S. made $1 billion or more in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2023 from INSIDE Public Accounting. There are three new additions to the “billion-dollar club” for 2023. million in 2022.

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Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

We managed to find some things worth mentioning anyway as we are experts in slow news weeks (698 weeks and counting!), Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms.

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

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Have a safe Memorial Day.

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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

Under German law, Apas can only probe and sanction potential misconduct by active accountants who are enrolled in the country’s register of public accountants. We pray that one day we will again see the New York that nurtured the love that Michelle had for life. I Am Michelle Go’s Father.

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Accounting Firm UHY LLC Expands into New Hampshire Market

CPA Practice

UHY LLP will expand its presence in the Northeast with the combination of the certified public accounting firm Bigelow & Company, located in Manchester and Portsmouth, New Hampshire. As one of the fastest growing accounting firms in the U.S., Nationally, UHY employs over 1,600 professionals in 34 U.S.

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The Dallas Cowboys Are Getting Some Extra Accountants With This CohnReznick Merger

Going Concern

CohnReznick announced a merger with Dallas firm BKM Sowan Horan and the Dallas Morning News took the opportunity to trumpet the happy nuptials of the official accounting firm of the Dallas Cowboys. Dallas Morning News : CohnReznick, the 15th largest accounting firm in the U.S. We don’t want that.”.

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