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Professionals on the Move – Jan. 2024

CPA Practice

PKF Mueller Joins Cherry Bekaert to Expand Chicago Market Reach Cherry Bekaery, an assurance, tax and advisory firm, recently completed an acquisition transaction with PKF Mueller , a full-service certified public accounting and business advisory firm located in the metropolitan Chicago area.

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GAAPWEB 2023 Salary Survey

Accounting Insight

Our latest salary survey of over 1,300 finance and accounting professionals revealed the latest trends in salaries, bonuses, and newfound employee expectations. Similarly, the average Accountant salary decreased from £45,714 to £44,745. Finance Assistants sit at the lowest level of fulfillment, reporting a 42% satisfaction rate.

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Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies

KROST

Retooling production lines is just one way manufacturers have shifted their focus to help those in need, keep employees on the payroll, and remain productive and profitable during this crisis. These companies include pharmaceutical, clothing, technology, cosmetics, textile, and others.

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How to Make More Money With Artificial Intelligence

inDinero Accounting

AI is in marketing and sales, manufacturing, product and service development, and corporate finance and accounting. For example, automating the accounting function puts AI to work on those repetitive, high-volume computations that used to eat up far too much of your bookkeeper’s energy and brainpower. Ask your accounting team.

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Investing In The Startups That Invest In Innovation

PYMNTS

But, for companies like IT innovators and software as a service (SaaS) startups, business models that depend on recurring revenues and strong investment in research and development can mean sporadic financing isn’t always enough. Sometimes folks can’t make payroll and, as a result, they lay off employees.

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Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The Office Ernst & Young out of Triad market after closing Winston-Salem office [ Triad Business Journal ] The Triad now has offices for only two of the Big Four global accounting firms.

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Year-End Tax Planning Strategies for Businesses

KROST

These two incentives can provide significant tax relief in 2020 if financed and placed in service by midnight, December 31, 2020. A “designated census tract” is a census tract determined by the Department of Finance to be in the top 25% of California census tracts in terms of civilian unemployment and poverty rates.