Going Concern

NOVEMBER 2, 2022

Although the accounting talent shortage seems like something that just popped out of nowhere and couldn’t possibly have been predicted, oh, a decade ago, I feel compelled to remind everyone that we here at Going Concern saw this coming. From Is There Really a Shortage of Entry Level Accountants? OK ready for the prophetic bit?

Account 121

Account accountant accounted accounting degree 121

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. Indeed, trust is not built on mitigating risks alone. million from the federal government.

Account 117

Account accountant accounted audit 117

Going Concern

SEPTEMBER 29, 2023

But experts say one thing that young professionals can do, including young accountants, is to be more patient. Let’s say they’re in public accounting, and they get assigned to an engagement with a manager or client they don’t particularly like,” asked Maginnis. “Or That can be a tough fight to win.

accounting careers 126

accounting careers Account accountant accounted 126

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 104

Account accountant accounted audit 104

CPA Practice

MARCH 13, 2023

Payne Nickles & Company Hires First Chief Operating Officer to Drive Growth and Efficiency Payne, Nickles & Company, a full-service accounting, and business advisory firm, recently announced that Abbey Bemis will join the firm as its first Chief Operating Officer.

Real Estate 52

Real Estate forensic accounting Connecticut cpas 52

xendoo

AUGUST 2, 2021

How much is your business currently spending on accounting costs? How much does a CPA cost in 2021? Do you really need a CPA as well as a bookkeeper? Bureau of Labor Statistics, though in 2017, the Journal of Accountancy claimed that the average salary for a CPA was $119,000 per year, which translates into roughly $60 per hour.

CPA 88

CPA forensic accounting bookkeeping tax preparation 88

Snyder

MARCH 6, 2023

Our fast-paced world has transformed many jobs, but few seem to have changed as much as what accountants typically did even 20 years ago compared to today, next year, or the next decade. So, let’s look at the accountant roles of today and the current trends that influence what the roles of an accountant of tomorrow will entail.

forensic accounting 52

forensic accounting Account accountant accounted 52

CPA Practice

NOVEMBER 7, 2023

AICPA, as part of the Association of International Certified Professional Accountants, hosts this annual conference to provide the profession with cutting-edge information on new technology and quality networking opportunities. CPA and Chartered Accountant (England and Wales). in Westmont, N.J. Nowlin, Jr.,

forensic accounting 59

forensic accounting CPA accounting and finance chartered accountant 59

CPA Practice

DECEMBER 14, 2023

AICPA News is a brief overview of a recent announcements from the American Institute of CPAs. The awards spotlight significant contributions to the advancement of the fields of forensics accounting and business valuation. Each year, AICPA recognizes volunteer contributions to the practice and profession.

forensic accounting 50

forensic accounting CPA accounting and finance cpas 50

CPA Practice

SEPTEMBER 12, 2023

As many of us in the accounting profession have learned over the years, and especially in the current environment of talent scarcity, structuring a high-performing team in your firm is no easy feat. We know that the “Great Resignation” and the “Great Retirement” have thinned out the pools of accounting professionals.

forensic accounting 125

forensic accounting accounting and finance cpas Healthcare 125

CPA Practice

SEPTEMBER 25, 2023

If you see yourself as wanting to build and run a different type of advisory firm, then you need to do things differently and be accountable for building a culture that supports this. In the accounting profession we see this conundrum more and more: How do I attract a 60-year-old seasoned employee versus a 23-year-old new grad?

forensic accounting 114

forensic accounting cpas Construction Account 114

Going Concern

JUNE 24, 2022

FASB preps to revamp ‘outdated’ accounting for software [ CFO Dive ] “The models are outdated,” FASB member Gary Buesser said at the meeting, lending his support to the project and commending the staff for its work. Over on Reddit, u/Ostinato6 is cranking out a CPA Grindset series: And then there’s this. 121 (SAB No. 121 (SAB No.

CPA 52

CPA forensic accounting Mississippi cpas 52

Going Concern

DECEMBER 23, 2022

We will be out of office next week but have scheduled some things to run while we’re gone for those individuals who are severely addicted to accounting shitposts and simply cannot go without. The average British worker’s pay in 2023 is expected to fall back to 2006 levels once inflation is taken into account, according to PwC.

Tax 91

Tax auditor audit tax return 91

Withum

MAY 9, 2024

In two weeks, I will be teaching a graduate course on audit concepts and methods to accounting students at Fairleigh Dickinson University. However, my role is not just to teach the material but to excite them about accounting as a profession and auditing in particular and share my pride in the vital role auditors play in our ecosystem.

auditor 59

auditor audit financial statements forensic accounting 59

CPA Practice

OCTOBER 20, 2023

As many of us in the accounting profession have learned over the years, and especially in the current environment of talent scarcity, structuring a high-performing team in your firm is no easy feat. We know that the “Great Resignation” and the “Great Retirement” have thinned out the pools of accounting professionals.

forensic accounting 52

forensic accounting accounting and finance cpas Healthcare 52

CPA Practice

AUGUST 23, 2023

As many of us in the accounting profession have learned over the years, and especially in the current environment of talent scarcity, structuring a high-performing team in your firm is no easy feat. We know that the “Great Resignation” and the “Great Retirement” have thinned out the pools of accounting professionals.

forensic accounting 52

forensic accounting accounting and finance cpas Healthcare 52

CPA Practice

JULY 12, 2023

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting profession. in accounting. Wei is a member of the Accounting and Auditing, the Quality Control and Peer Review, and the SEC committees at the NYSSCPA. in accounting and economics, and his M.B.A.

Pennsylvania 52

Pennsylvania Maryland New York accounting and finance 52

xendoo

AUGUST 2, 2023

When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? After all, it kept costs down. But the more information you have about your business, the better.

bookkeeping 52

bookkeeping bookkeeping services online accounting tax preparation 52

FraudFiles

NOVEMBER 3, 2020

The most interesting cases I work are criminal cases for defendants accused of financial crimes such as money laundering, tax fraud, bribery and corruption, embezzlement, and investment fraud. CPAs often see themselves as financial watchdogs, especially when they are providing traditional accounting or auditing services.

forensic accounting 52

forensic accounting cpas Government audit 52