CPA Practice

DECEMBER 11, 2023

Source: [link] Personalized Tax Compliance and Advisory Services : AI will enable accountants to offer clients personalized tax compliance and advisory services. AI-powered platforms will help individuals and businesses comply with complex tax regulations, optimize tax strategies, and minimize tax liabilities.

Technology 124

Technology audit E-commerce accounting principles 124

Going Concern

MAY 8, 2023

Financial Times : The head of PwC in Australia has resigned as chief executive three days after admitting that he had received emails regarding confidential government information on changes to tax avoidance laws to win new business. This ESPN article about tonight’s draft mentions only “accounting firm.”

Account 52

Account accountant accounted Tax 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. Your senior is probably not a synth.

Account 113

Account accountant accounted tax return 113

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.

audit 80

audit CPA accounting firms accounting and finance 80

Going Concern

NOVEMBER 3, 2023

Scott Scarano is not your typical accounting firm owner. After cleaning up his act, Scott rebuilt his life using street smarts and hustle to work his way up at a small tax practice. Over time, he was able to purchase the firm and scale it into a profitable, million-dollar business. I started doing menu pricing. .”

Non-Profits 67

Non-Profits Entertainment accounting and finance accounting degree 67

Going Concern

DECEMBER 20, 2022

And here they were, the bank breathing down their neck, job prospects nil, throwing away 15 years of work experience because their chosen career was no longer an option. They say accounting is recession-proof, I had an inside view during the worst recession of our lifetime and must agree. If you wreck it, they will come. 30, down 15.9%

Account 117

Account accountant accounted accounting and finance 117

Going Concern

MARCH 1, 2024

Chartered Accountants ANZ accidently allowed Peter Collins to avoid investigation by its disciplinary committee by letting him cancel his membership. This was even though the former PwC partner told the professional body he was “subject to an investigation” by the tax agents’ regulator.

audit 109

audit Nebraska auditor chartered accountant 109

Going Concern

OCTOBER 30, 2023

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. Kande’s selection by PwC’s global board was revealed to the firm’s partners on Monday, according to people familiar with the internal message.

Account 104

Account accountant accounted auditor 104

Going Concern

DECEMBER 16, 2022

BDO Governance Lapses Detailed in Expanded Inspection Reports [ Bloomberg Tax ]. Writes Jeff John Roberts: All this raises the question of why, if they are looking to build trust, Binance and the others didn’t hire one of the Big Four accounting firms to conduct their audits. Find out in this short quiz. Insider ].

public accounting 98

public accounting Account accountant accounted 98

Going Concern

JANUARY 20, 2023

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves.

auditor 98

auditor Technology audit financial statements 98

Going Concern

NOVEMBER 3, 2023

How will AI affect accounting jobs? Thomson Reuters ] While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools. Choreo acquires $8.1B

financial statements 113

financial statements Tax audit CPA 113

Going Concern

SEPTEMBER 11, 2023

Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now : Stephanie Heredia’s promotion came a year too late and more than a few dollars short. But at the last minute, she told Fortune, the timeline became two years.

Account 109

Account accountant accounted audit 109

Going Concern

DECEMBER 9, 2022

Trump Organization found guilty on all counts of criminal tax fraud [ CNN ]. As Grant Thornton continues to embrace a flexible approach to the future of work, our Orlando space provides the amenities our people need to focus and collaborate in an office setting,” said Olivardia, who is also the firm’s Florida Tax partner in-charge.

CPA 98

CPA Florida auditor audit 98

Ryan Lazanis

NOVEMBER 9, 2022

Will Accounting Automation be Enough to Replace You? The answer depends on your ability to adapt to the changing world of accounting. A report by Oxford University concluded that there was a 99% chance that tax preparers’ jobs would be automated and a 98% chance that it will happen to bookkeepers and accountants.

Technology 98

Technology Account accountant accounted 98

Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future.

Account 111

Account accountant accounted Technology 111

AdviceForTaxpreparers

JULY 29, 2019

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Accounting Jokes, Videos, Puns and Humor. If you are going to be an accountant then you have to be able to laugh at yourself. AT THE IRS “Why are we paying so much tax?” Short Accounting and CPA Jokes.

tax preparation 212

tax preparation Account accountant accounted 212

Going Concern

AUGUST 26, 2022

Accounting Firm and Two Partners Conducted Deficient Custody Exams [ SEC ] The SEC’s order finds that Farber Hass Hurley LLP and its partners, Michel Abedian and Michael Hurley, departed from applicable standards for attestation engagements and compliance examinations when conducting surprise examinations of clients.

CPA 98

CPA cpas audit cpa firm 98