TaxConnex

NOVEMBER 22, 2022

In our blog last week, we looked at how sales and use tax advisory services might be a good new field for CPAs and accounting firms. Mark Friedlich, CPA, vice president of U.S. Review the sales tax payable account. A sales tax payable account is the most neglected balance sheet liability in the GL.

accounting firms 130

accounting firms Sales Tax tax return 130

ThomsonReuters

JUNE 16, 2023

Many of today’s tax and accounting practices are struggling with strained firm capabilities. Is your firm among them? Rising client expectations , an ever-changing regulatory environment , and the ongoing war on talent have left many of today’s firms grappling with strained bandwidth. So, what should firms watch for?

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

APRIL 7, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. By Cameron White. Technology also gives staff real-time access to their data, from anywhere at any time.

accounting firms 139

accounting firms CPA Technology Account 139

Canopy Accounting

MARCH 15, 2024

Discover the secrets to building the perfect team for your accounting firm with insights from Jason Blumer, CPA, CEO and Founder of Blumer CPAs. Experience isn't everything.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

OCTOBER 11, 2023

Public accounting firms in the United States reported strong top-line and bottom-line growth in their latest fiscal year results, driven by high demand for their services, according to a survey by the American Institute of CPAs and the Chartered Institute of Management Accountants. That rate eclipses the 4.2%

accounting firms 119

accounting firms Account accountant accounted 119

CPA Practice

APRIL 3, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. By Cameron White. Technology also gives staff real-time access to their data, from anywhere at any time.

accounting firms 135

accounting firms CPA Technology Account 135

CPA Practice

DECEMBER 28, 2023

ChatGPT ushered in a new era of automation in accounting (link goes to YouTube), for better or worse. In finance and accounting, early adopters have seen the potential of language-based AI interfaces to create scripts and formulas and draft responses to clients. After creating an OpenAI account, users can input any text they want.

accounting firms 119

accounting firms Account accountant accounted 119

Anders CPA

FEBRUARY 8, 2023

Louis Business Journal’s largest accounting firms list by number of professionals, as well as number of CPAs. This ranking is based on counts as of January 2023 with Anders having 260 local professionals and 100 local CPAs. Louis accounting firms ranked by CPAs. View the largest St.

accounting firms 98

accounting firms cpas Account accountant 98

CPA Practice

APRIL 23, 2024

By Brianna Kudisch, nj.com (TNS) Recent college graduates can save money on their way to becoming certified public accountants through a new initiative at Rider University. Our new program is a novel and powerful tool to bridge the gap between academic learning and real-world accounting experience,” said Evelyn A. Visit nj.com.

New Jersey 116

New Jersey Account accountant accounted 116

CPA Practice

MAY 30, 2023

Certified Public Accountants from across the nation made their way to Capitol Hill last week to meet with lawmakers on issues important to the accounting profession during the American Institute of CPAs (AICPA) Spring Meeting of Council and Annual Members Meeting from May 23-25. government’s financial statements.

cpas 115

cpas Washington Tax Account 115

PANALITIX

AUGUST 9, 2020

Rapidly Growing an Accounting Firm: An Interview with Glenn Hetzel. Hetzel & Associates, CPAs spoke frankly and clearly on the many challenges and opportunities related to growing an accounting business. Hetzel & Associates, CPAs. RESOURCES / ARTICLES. Here are excerpts. Some Background on Glenn.

accounting firms 189

accounting firms Account accountant accounted 189

CPA Practice

FEBRUARY 2, 2023

Top 10 accounting firm CBIZ, which provides financial, insurance and advisory services, has acquired the non-attest assets of Indianapolis-based Somerset CPAs and Advisors, effective February 1, 2023. Concurrent with this transaction, Mayer Hoffman McCann P.C., Concurrent with this transaction, Mayer Hoffman McCann P.C.,

accounting firms 111

accounting firms Account accountant accounted 111

Accounting Today

FEBRUARY 12, 2024

Ascend, backed by Alpine Investors, added HD Davis and PP&Co; while its affiliate ATKG Advisors made deals with Michalak CPAs & Advisors and Kowalsky, Rose & Co. Springline Advisory, backed by Trinity Hunt Partners, invested in BGBC Partners.

accounting firms 63

accounting firms cpas Account accountant 63

CPA Practice

DECEMBER 19, 2023

Top 30 accounting firm Aprio has expanded into Texas after merging with San Antonio-based Ridout Barrett & Co. CPAs & Advisors (RBC). Founded in 1986, RBC has deep experience providing accounting and business consulting services to its clients, especially those in the construction and real estate industries.

Texas 64

Texas accounting firms Real Estate Construction 64

ThomsonReuters

MAY 6, 2022

Many accounting firms provide invaluable services that go far beyond tax prep and financial reporting. For small to mid-size accounting firms that want to explore other revenue streams, accounting consulting services can be a great place to start. Building a well-rounded tax and accounting practice.

accounting firms 93

accounting firms tax preparation Account accountant 93

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. Here are a few ways you can market your firm’s services to individuals and small businesses. How to market tax and accounting services. People search online for products and services, including accounting services. With more than 144.3

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

JANUARY 19, 2024

Accounting Thought Leaders Say CAS Will Become a Must for Firms in 2024 As technology continues to dramatically shape the accounting profession, the latest big conversations have been around AI and automation. How to Move a Firm Toward CAS 6. The Role of Accounting in CAS 7. Where Technology Fits in CAS 3.

accounting firms 78

accounting firms Account accountant accounted 78

CPA Practice

MARCH 15, 2023

In the past several decades, few topics have driven as much conversation among accounting professionals and firm leaders as has ongoing private equity investment in firms. This phenomenon has caused the profession to rethink the very model of firm ownership, success, partnership and hierarchy.

accounting firms 132

accounting firms Account accountant accounted 132

CPA Practice

APRIL 9, 2024

Reid, ranked as one of the top 20 accounting firms on Long Island, has partnered with Tampa, FL-based accounting platform Crete Professionals Alliance. Historically, independent accounting firms have faced two options: remain independent with more limited resources or merge upstream and dissolve their identity.

cpas 59

cpas cpa firm accounting and finance CPA 59

CPA Practice

AUGUST 17, 2023

Over the last year, the hottest topic of discussion among accounting professionals has been about how artificial intelligence will shape professional firms. For a profession as risk averse as accounting, what can we gather from this? AI has potential to save accounting.

accounting firms 98

accounting firms Account accountant accounted 98

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. Table of Contents How to Choose a CPA Firm Name? Choosing an accounting firm name is all about branding and how you want the outside world to perceive you.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

SEPTEMBER 16, 2022

You may or may not be aware that there is such a thing as Construction Executive magazine, and you may or may not be aware that Construction Executive magazine has ranked accounting firms with construction practices for the past four years. construction accounting firms to complete a survey. Aldrich CPAs.

accounting firms 56

accounting firms Construction cpas Account 56

CPA Practice

DECEMBER 30, 2023

ChatGPT ushered in a new era of automation in accounting (link goes to YouTube), for better or worse. In finance and accounting, early adopters have seen the potential of language-based AI interfaces to create scripts and formulas and draft responses to clients. After creating an OpenAI account, users can input any text they want.

accounting firms 69

accounting firms Account accountant accounted 69

CPA Practice

OCTOBER 12, 2023

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. The number of students earning U.S. and 8.4%, respectively.

Account 112

Account accountant accounted cpas 112

Withum

APRIL 18, 2024

I am honored to be included in the first Forbes Top 200 CPAs in America list , and further honored to be alongside three of my Withum partners: Pat Walsh , Bill Hagaman and Jim Bourke. Withum is an extraordinary firm and the fact that 4 of us are included on that list indicates recognition of that.

cpas 59

cpas accounting firms Tax Account 59

CPA Practice

JULY 24, 2023

The American Institute of CPAs (AICPA) representing AICPA & CIMA has released the PCPS Strategy Planning Toolkit , a resource designed to assist accounting firms in business model transformation. In today’s rapidly evolving accounting profession, firms must adapt to stay ahead of the curve.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

DECEMBER 8, 2023

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. Peak W-2: What’s It Take to Be the Accountant to the Stars?

cpas 90

cpas Account accountant accounted 90

TaxConnex

NOVEMBER 21, 2023

In the world of accounting and tax, CPAs, accounting firms, and advisory firms play a vital role in helping individuals and businesses manage their finances and stay within the rules. But one tricky area that often causes headaches is sales and use tax. Change of staff. Audit notices. Get in touch to learn more!

cpas 147

cpas Sales Tax audit 147

CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

Pennsylvania 52

Pennsylvania public accounting accounting firms Account 52

Accounting Insight

MARCH 8, 2023

Trouble finding qualified staff continues to be a top concern for accounting firms of all sizes, according to the AICPA’s 2023 Top Issues Survey. Consider non-traditional workers How many CPAs do you really need? Your firm obviously needs a certain number of licensed CPAs if you provide auditing services.

accounting firms 59

accounting firms Account accountant accounted 59

Going Concern

FEBRUARY 8, 2023

As CEO of a staffing firm that connects companies with professionals in Mexico, every day I speak with accounting firms, CFOs and other executives looking to hire accountants and other financial professionals in the U.S. despite having more than double the population, has just over 665,000 actively licensed CPAs.

accounting and finance 78

accounting and finance accounting firms Finance Account 78

Going Concern

JANUARY 20, 2023

MCM CPAs & Advisors LLP has, to my knowledge, never been mentioned on this website in the 14 years we have existed. Kentucky’s largest accounting and advisory firm* announced on Tuesday they will be relocating their primary office in Louisville to the fancy PNC Tower at 101 South 5th Street this coming spring.

Kentucky 96

Kentucky accounting firms Real Estate Account 96

Going Concern

APRIL 26, 2024

One of the Big Four firms, KPMG, has become the first white-collar British business to employ former prisoners as part of the government’s new pilot programme. This report aims to guide accounting firm leaders towards effective strategies that we believe, when properly implemented, will enhance both retention and firm performance.”

cpas 56

cpas auditor West Virginia accounting and finance 56

CPA Practice

MAY 11, 2023

Accounting firms have faced a volatile profession in the past year as teams struggled with burnout while staff shortages increased, regulatory changes caught firms off guard – increasing compliance and security concerns – and tax laws became increasingly more confusing for clients and CPAs alike. By James Paille, CPP.

Account 119

Account accountant accounted payroll 119

Going Concern

APRIL 5, 2023

In a LinkedIn post published March 3 , CLA CEO Jen Leary — who graduated wayyyy back when only 120 units were required — threw her support behind Minnesota Society of CPAs’ initiative to add a second pathway that would allow CPA licensure at 120 units and two years of experience. Which, duh.

CPA 99

CPA Minnesota accounting firms cpas 99

Going Concern

MAY 9, 2023

In recent years, US firms have shifted heavily into offshoring and it seems it never crossed anyone’s mind that offshore talent might be a finite resource. So far it seems dwindling accounting graduate numbers in the Philippines are mostly affecting in-country businesses and firms, still something worth keeping an eye on.

cpas 117

cpas Account accountant accounted 117

CPA Practice

APRIL 12, 2023

By Blake Oliver, CPA, and Chris Vanover, CPA. CPAs have always been passionate about numbers, using various metrics such as revenue, profit, headcount and realization to measure success. However, this focus on numerical indicators is contributing to the decline of the CPA profession itself.

Account 136

Account accountant accounted CPA 136