Going Concern

AUGUST 8, 2023

Edward Ketz, Associate Professor of Accounting at Penn State. In the first, he explains why he is quitting the American Accounting Association (AAA). ” The AAA chose not to publish it in Accounting Education News and so we are instead. Edward Ketz Written for Accounting Education News , not published.

auditor 82

auditor Account accountant accounted 82

CPA Practice

AUGUST 9, 2023

AuditClub, the Audit Service Center for CPA firms and companies, has launched a new alliance model designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients. “In As a result, Lighthouse has become a one-stop shop for all accounting related services.”

audit 52

audit Account accountant accounted 52

Going Concern

MARCH 21, 2023

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. It isn’t just another game, it’s a different sport.

Account 104

Account accountant accounted tax return 104

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. How do you know when your accounting technology is outdated? What are the risks of using outdated accounting software?

Technology 98

Technology Account accountant accounted 98

Accounting Today

MARCH 14, 2024

This new standard changes the game for auditors to make risk assessments even more effective.

audit 91

audit auditor Gaming tax accountant 91

TaxConnex

JULY 6, 2023

Now let’s look at how some companies have tried to game the system – and what to do so you don’t have to run that risk. Government Accountability Office’s “Remote Sales Tax: Federal Legislation Could Resolve Some Uncertainties and Improve Overall System,” issued late last year. Do not collect sales tax and fail to remit it.

auditor 130

auditor audit Tax Sales 130

Going Concern

APRIL 1, 2024

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

Account 103

Account accountant accounted audit 103

Going Concern

FEBRUARY 10, 2023

Talent As tax season approaches, accounting firms are short on staff [ Marketplace ] Oh hey! How can employers optimise working environments to support the needs of their accountancy teams and ultimately retain them, all while adding value to their organisation? The stablecoin firm released BDO’s assurance opinion on Feb.

Florida 96

Florida Tax North Dakota Account 96

Going Concern

MARCH 15, 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. Accounting giant renews lease in downtown S.F. —

auditor 109

auditor audit cpas Iowa 109

Going Concern

MAY 12, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

CPA 109

CPA Account accountant accounted 109

ThomsonReuters

MAY 23, 2024

From a shrinking talent pool to high turnover, the talent battle among accounting and audit firms continues to be a fierce one. All that said, many accounting and audit firms lack the time and resources to craft a thorough educational and professional development plan for staff.

audit 52

audit auditor Technology Education 52

Going Concern

JANUARY 26, 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. company, in a process riddled with conflicts of interest. AI Is your firm keeping pace?

Account 116

Account accountant accounted audit 116

Going Concern

SEPTEMBER 5, 2023

BDO is now among the largest ESOPs in the country and is the first large public accounting firm to transition to ESOP ownership. Wipfli is upping its risk management game : Wipfli LLP (Wipfli) announced today it has acquired Sheshunoff Consulting + Solutions’ risk management and loan review services divisions.

Account 62

Account accountant accounted chartered accountant 62

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account 59

Account accountant accounted tax preparation 59

Going Concern

OCTOBER 31, 2022

Since it’s Halloween and all, here’s a throwback to a guy’s “Taxed to Death” costume : I’ve been playing Fallout Shelter lately and cracked up when this “Accountant Outfit” appeared in my inventory. +4 If your accounting firm requires drug tests , that is). It has to work.”

Account 100

Account accountant accounted audit 100

Airbase

DECEMBER 6, 2023

The biggest thing for me is I need to have controls, but I also want employees to have an enjoyable experience,” Doximity’s Senior Director of Accounting, Alexander Schlick, told Airbase’s VP of Marketing, Michael Freeman. Our auditors have said Airbase is one of the best tools that they work with,” said Alex. Benefits and results.

NetSuite 130

NetSuite NetSuite Integration accounting and finance AP Automation 130

Going Concern

MAY 24, 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. ICYMI: Here are the five most-read posts on Going Concern this week.

audit 71

audit auditor accounting and finance accounting firms 71

Going Concern

SEPTEMBER 29, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting and advisory firm in an email said it plans to move its office from One Cleveland Center (1375 E. What CPAs can learn from Smucker’s [ Accounting Today Voices ] J.M.

auditor 102

auditor audit New York CPA 102

Going Concern

MARCH 11, 2024

We’ll be doing an article shortly, in the meantime here are some quotes from INSIDE Public Accounting : Bob Cedergren, MNCPA board chair added, “I can tell you from my own experience, through conversations with colleagues throughout the country and the members of the MNCPA, that we have a significant shortage of CPAs.

audit 62

audit Minnesota Account accountant 62

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. One key reason: PwC is trying to compete for top talent amid a dwindling number of accounting majors. Tips are still welcome , nay, encouraged , and we’ll be monitoring the tipline. and Mexico.

auditor 106

auditor audit accounting firms accounting and finance 106

Going Concern

JANUARY 13, 2023

A group representing minority shareholders on Friday filed a complaint with Brazil’s securities regulator against Americanas SA after the retailer uncovered “accounting inconsistencies” totaling 20 billion reais ($3.89 Paul Munter Named Chief Accountant [ SEC ]. Firm Watch.

audit 101

audit Account accountant accounted 101

Going Concern

SEPTEMBER 20, 2023

Oh no, it’s a whole other game. While starting salaries might appear modest compared to public accounting, the overall compensation package in government roles, when including benefits like health insurance, pension, and generous leave policies (that aren’t disguised as unlimited) are quite attractive. He holds a B.S.

Government 122

Government audit CPA auditor 122

Menzies

DECEMBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. Even so care is needed in the implementation of any changes to ensure SMEs are not the victims of unintended consequences, this has been given a cautious welcome by some auditors. keep to the game plan Once the audit has started, this planned approach should be followed.

audit 52

audit auditor accounting and finance chartered accountant 52

CPA Practice

JANUARY 31, 2024

Top 20 accounting firm Armanino today released Audit Ally, a proprietary tool designed to automate and improve the efficiency of Service Organization Control 2 (SOC 2) examinations for both the client and the auditor.

auditor 59

auditor audit Technology Gaming 59

Accounting Insight

MARCH 19, 2024

Introducing Inflo, who have been leading accounting firms’ evolution by modernising audit practices. With cutting-edge technology at its core, we empower accounting firms to modernize their audit processes and gain a competitive edge. Inflo was founded in 2015 by two ex-Big Four auditors: Mark Edmondson and Graham Clark.

audit 64

audit Technology auditor accounting firms 64

Airbase

MARCH 2, 2023

We all know the story: women and minorities are underrepresented in top finance and accounting roles, and even though their representation has grown, a yawning gap persists within senior positions and salaries. Female accountants and auditors now outnumber their male counterparts. We’ve come a long way in 124 years.

Finance 130

Finance accounting and finance Gaming auditor 130

Going Concern

OCTOBER 23, 2023

Kelly and Marshall Goldsmith lie about why the best performers leave accounting firms in a Chief Executive article about the right way to lay people off : Go out of your way to communicate to your top performers that you value their work and want to keep them. Gibson Dunn covers the following topics in their Q3 update for accounting firms.

Account 67

Account accountant accounted accounting and finance 67

Going Concern

JUNE 12, 2023

Funny enough Reddit is completely down this morning so I can’t confirm r/accounting is MIA. KPMG on the UK economic forecast via The Guardian : A new report by the accountancy firm KPMG has found that the economy has enjoyed a better start to the year than it had thought, and is now expected to grow by 0.3%

Account 52

Account accountant accounted audit 52

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

AUGUST 7, 2023

Good morning and welcome to another edition of the Monday Morning Accounting News Brief, a wrap-up of the stuff you missed over the weekend, some of the stuff we missed last week, and whatever went down on the other side of the world while we were sleeping on Sunday.

Account 52

Account accountant accounted audit 52

Going Concern

MAY 5, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. The gap widens again at the upper levels. Pajamas forever!

audit 106

audit cpas auditor Mississippi 106

ThomsonReuters

MARCH 6, 2024

AI in tax compliance is a top priority Artificial intelligence (AI) is a game changer for improving efficiency, cited as the top priority of tax and accounting professionals in our recent Future of Professionals report, with 75% of respondents in corporate tax teams rating it as a key concern.

Tax 88

Tax corporation tax Technology auditor 88

Going Concern

SEPTEMBER 15, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Happy National Leave Your Accountant the F**k Alone Day , everyone! The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, September 19, 2023, at 10:00 a.m.

audit 104

audit Colorado CPA Texas 104

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. Note: We’re skipping Footnotes next Friday to unveil a surprise. Footnotes will return as scheduled on November 24.

audit 104

audit accounting and finance auditor Mississippi 104

Going Concern

JULY 7, 2022

There’s a story in the New York Times today about how EY “devised an elaborate arrangement” for nonprescription drugmaker Perrigo to avoid more than $100 million in taxes, an arrangement that was questioned by Perrigo’s then-auditor BDO. That’s not the role of an independent auditor.”. Quick aside: LYNN TURNER.

auditor 62

auditor audit Non-Profits Construction 62

CPA Practice

NOVEMBER 9, 2023

Thomson Reuters, a global content and technology company, has added several updates to its suite of tax, accounting and audit products, it announced at its annual customer event, SYNERGY. We’re also unveiling enhancements that will support auditors with automated detection of anomalies in audits,” van Rijn continued.

Technology 52

Technology tax preparation corporation tax auditor 52

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Choosing an accounting firm name is all about branding and how you want the outside world to perceive you. Future-Proof: Remain meaningful and relevant as your accounting firm grows.

accounting firms 52

accounting firms Account accountant accounted 52