Going Concern

NOVEMBER 10, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. “Financial reporting leaders, but also investors, regulators, and other stakeholders in the capital markets expect AI to drive audit quality. .

audit 107

audit accounting and finance auditor Mississippi 107

CPA Practice

JANUARY 11, 2024

The AICPA & CIMA have opened the application period for the EDGE in Teaching Awards and Distinguished Achievement in Accounting Education Award. The two awards highlight accounting educators at the college level for their outstanding achievements in the field, and for their contribution to shaping the best new talent for the profession.

Education 64

Education Account accountant accounted 64

Going Concern

MARCH 4, 2024

BDO, the UK’s fifth largest accountancy firm, said graduates and school leavers were “strictly prohibited” from using AI-driven platforms such as ChatGPT under recently updated application guidelines. The judge said that Popular’s board and audit committee approved the capital increase without a thorough debate. billion euro ($2.71

Account 59

Account accountant accounted Michigan 59

CPA Practice

NOVEMBER 6, 2023

At Mazars, she specializes in accounting and auditing for transportation and logistics. Their energy and drive for the accounting profession is something we support and want to highlight at the NJCPA,” said Aiysha (AJ) Johnson, MA, IOM, CEO and executive director at the NJCPA.

CPA 113

CPA cpas Idaho Michigan 113

Going Concern

APRIL 10, 2023

Smaller accounting firms have asked Big 4 to share their expertise [ FT ]: Smaller rivals have called on the UK’s Big Four accounting firms to share their audit expertise and technology, but partners at the big firms say they fear being accused of breaking competition law if they do so. It’s Monday.

Technology 59

Technology Account accountant accounted 59

Going Concern

JANUARY 8, 2024

The headline is a bit disappointing however the article is not: Tax prep fees are rising because accounting is not a ‘cool’ career American taxpayers had to pay at least 20% more on average to get their taxes done last year — and accountants aren’t thrilled about it either. This eclipses the 4.2%

Tax 97

Tax Account accountant accounted 97

Going Concern

FEBRUARY 16, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. public accounting firms, however, turnover has continued to increase.

Real Estate 104

Real Estate Iowa audit CPA 104

TaxConnex

SEPTEMBER 7, 2023

Most states, like Michigan , require special registration for exemption. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. But as always with sales tax, rules vary state to state. How important are these certificates?

Sales 147

Sales Tax Non-Profits North Carolina 147

Going Concern

DECEMBER 9, 2022

Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant Matt Jacques, according to a Dec. Accounting, tax audit, and business advisory firm BDO is investing €5m in a new office as it creates 100 new jobs. 7 report from the Wall Street Journal.

CPA 88

CPA Florida auditor audit 88

Going Concern

APRIL 28, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The winners had to be accounting students at New Jersey colleges or universities who are currently in their junior year or in their senior year and entering an accounting-related graduate program.

Colorado 105

Colorado New Jersey Georgia audit 105

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements.

North Carolina 147

North Carolina Oklahoma Ohio Tax 147

Going Concern

OCTOBER 6, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. At one point, Trump attorney Clifford Robert asked Bender to speak into the microphone and the accountant replied: “I am as close as I can be without kissing it.” Within weeks of Maximus’ Sept.

Maryland 93

Maryland audit accounting and finance accounting firms 93

Going Concern

OCTOBER 1, 2022

Partners at Deloitte in the UK and Switzerland will receive an average income of more than £1m each for the second year in a row, after the accountancy firm enjoyed another successful year. Years-long trend of consolidation reaches city’s largest accounting firms [ Crain’s New York Business — subscription ]. Firm Watch.

Non-Profits 96

Non-Profits audit auditor public accounting 96

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements.

North Carolina 130

North Carolina Oklahoma Ohio Tax 130

Going Concern

FEBRUARY 3, 2023

An email sent on Thursday to retired partners of the Big Four accounting firm, seen by the Financial Times, said US executives were considering a request to boost pension payouts or hand the retirees shares in the new consulting business. Louis accounting firms say demand drives surge in hiring for non-CPA professionals [ St.

cpas 110

cpas quickbooks accounting and finance North Carolina 110

CPA Practice

NOVEMBER 13, 2023

Southfield, MI-based Plante Moran will have a new managing partner come July 1, 2024, as Jason Drake will succeed Jim Proppe, who has held the position for the last seven years at the top 15 accounting firm. Drake graduated from Michigan State University in 2000 with honors, earning a bachelor’s degree in accounting.

Ohio 52

Ohio Michigan public accounting audit 52

Going Concern

MARCH 3, 2023

” Crypto US lawmakers argue SEC accounting policy places crypto customers at risk [ Cointelegraph ] Two United States lawmakers have criticized crypto accounting guidelines outlined by the national securities regulator, arguing they places crypto customers at greater risk of loss. Marathon Digital Inc. and Riot Platforms Inc.

South Carolina 102

South Carolina Texas audit accounting and finance 102

Going Concern

APRIL 22, 2022

In honor of the one day a year we recognize the detrimental impact humans have on our home rock, we’re including a couple relevant links on performative environmentalism as it relates to the accounting industry and financial reporting below. This is an accounting firm, not a drive-thru. Thought tax season was over?

audit 52

audit Michigan Non-Profits auditor 52

Going Concern

OCTOBER 21, 2022

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. Accounting Firm Mergers. Understaffed?

audit 77

audit CPA accounting firms accounting and finance 77

TaxConnex

DECEMBER 29, 2022

Michigan lawmakers shot down proposals that would have exempted diapers and similar products. Government Accountability Office of just how well states had done since Wayfair four years before: 33 states had reported $23 billion in remote sales tax revenue in 2021. billion in sales online, up 4% over last year and accounting for 16.7%

Sales 130

Sales Tax Maryland Louisiana 130

ThomsonReuters

OCTOBER 7, 2021

Many firms are coming to the realization that they need to be offering more than only audit and compliance-based services due to excessive competition and commoditization. The leader of a firm in Michigan had this to say about advisory services.

payroll 52

payroll Michigan Technology Tax 52

CPA Practice

DECEMBER 29, 2023

But we just don’t do it in the technology lab, for example, the new deployment in Michigan of power chargers under the streets, and that’s being done in Germany and Sweden and lots of other places. For accounting for decades, Brian F. And so I think the education market, you know, we’ve had double digit drop offs in accounting.

Technology 59

Technology quickbooks cpa firm CPA 59