CPA Practice

SEPTEMBER 7, 2023

The world of accounting and bookkeeping is on the cusp of a major transformation, and the key to staying ahead of the curve lies in mastering workflow optimization. WorkflowCon 2023 represents an exceptional opportunity for accounting and bookkeeping firm owners to gain a competitive edge by harnessing the power of innovation and efficiency.

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Going Concern

OCTOBER 20, 2023

note: A reader sent in this thought-provoking essay on their experience as a CPA. In it the author covers their introduction to accounting, the impact the pandemic had on their goals, and the all too familiar feeling of watching your peers make buckets of money in other careers while you grind away in public. I loved the class.

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ThomsonReuters

JULY 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage. Sounds great, right?

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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.

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Going Concern

AUGUST 4, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Practice How one small firm drastically cut its busy-season hours [ Journal of Accountancy podcast ] Johanna Sweaney Salt, CPA, CGMA, used to work 100 hours a week during busy season.

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Going Concern

AUGUST 24, 2022

Misery in accounting is timeless after all. Plus it’s relevant given the ongoing accounting pipeline problem and concerns about accountant shortages as the paper talks about how the stereotype of “the miserable accountant” actually draws people to the profession for whom misery is a good fit.

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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. CPA Exam Friendly reminder, deadlines to apply for BEC before the new exam in 2024 are quickly approaching. What CPAs can learn from Smucker’s [ Accounting Today Voices ] J.M.

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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.

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Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. The challenge for CPA firms is to create an environment and a career path that talented young people find appealing.

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CPA Practice

MARCH 14, 2023

She recommends creating the perfect game for your life, selecting your rules, and working on the theme of your game. All these items should be summarized in a budget, even though our Accounting Firm Operations Technology survey shows that a large percentage of CPA firms don’t manage technology from a budget.

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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. —

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Ryan Lazanis

NOVEMBER 17, 2022

Every accounting firm owner knows that customer relationship management (CRM) is essential to success. Fortunately, there’s a lot of excellent software available right now that will help you stay on top of your game. What is a CRM for Accountants? Why Do Accounting Firms Use a CRM? Let’s go!

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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.

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Ryan Lazanis

SEPTEMBER 27, 2023

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. In this article, I’ll run through some of the more modern options that might make the most sense for your firm at the moment.

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RitaKeller

MAY 20, 2021

It also applies to partners (especially the managing partner) in accounting firms. Keeping your eye on the ball applies throughout the game or match, not just as certain times. Managing an accounting firm requires you to keep your “eye on the ball” throughout the year, not just during busy season.

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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. The Justice Department has accused Rikesh Thapa of defrauding his startup tech firm of more than $1 million in U.S. 7 report from the Wall Street Journal.

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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. Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Pajamas forever!

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Going Concern

OCTOBER 13, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Your work as an accountant is basically a 9 to 5 job. CPA firm profits and revenues jumped last year [ Accounting Today ] Accounting firms experienced a median growth rate of 9.1%

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CPA Practice

OCTOBER 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. And I think you need to think about what what that is, and and what it needs to be in five or 10 years for your firm to be sustainable. Now in the accounting software world.

Technology 52

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Going Concern

DECEMBER 31, 2022

Nothing at all like the luxurious gaming chair your firm WFH stipend covered, though let’s be honest that one is harboring some ghost farts too. Here’s Everything We Know So Far About 2022 Accounting Salary Projections. The only reason accounting salaries did keep up with inflation for so long was the lack of inflation.

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RitaKeller

NOVEMBER 10, 2020

All of my clients and other firms in my sphere tell me that they are trying (several, almost desperately) to find more people with the skills and desire to work and succeed in public accounting. I agree with her viewpoint on this and feel like it is an issue in the CPA profession. She writes and advises on HR topics.

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Anders CPA

DECEMBER 11, 2023

In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton is joined by colleagues, Christy Buchanan and Guillermo Rodriguez , as they discuss the cannabis industry as a niche for accounting firms. Join us as we change the way people think about accounting.

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