CPA Practice

AUGUST 1, 2023

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. = The Florida Institute of Certified Public Accountants (FICPA) recently announced that Jason Harrell will join the FICPA as Chief External Affairs Officer, effective July 17, 2023.

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CPA Practice

JULY 31, 2023

The American Institute of CPAs (AICPA) has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.

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CPA Practice

JANUARY 2, 2024

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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CPA Practice

NOVEMBER 6, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. The program allows UMCS students to kickstart their careers by developing their accounting, finance, and business skills and earning prestigious professional qualifications alongside their university studies.

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CPA Practice

JANUARY 31, 2023

The Florida Institute of Certified Public Accountants (FICPA) on Jan. 25 held its annual in-person advocacy event, Hike the Hill, at the Florida Capitol in Tallahassee. The FICPA was honored to hear a keynote address from Florida Department of Business and Professional Regulation Secretary Melanie Griffin. Ed Hooper, Sen.

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Going Concern

FEBRUARY 12, 2024

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We

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Going Concern

JANUARY 29, 2024

Accounting Ranks First In Something Good For Once More 2. Grant Thornton Gets Downgraded to a Tier 2 Firm, That’s Probably a Good Thing 1. NYSSCPA CEO Calvin Harris, CPA said in a column for CPA Journal : But the winds of change have long been upon us. ” You know how much I love my ancient documents!

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CPA Practice

NOVEMBER 10, 2023

Top 50 accounting firm HBK CPAs & Consultants has combined with Zapken & Loeb, a Woodbury, NY-based 70-person CPA firm that provides accounting and business consulting services to business owners, executives, and independent professionals. The merger became official on Nov.

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CPA Practice

JUNE 29, 2023

Key O’Keefe, CPA, began her tenure as the 96 th Chair of the Florida Institute of Certified Public Accountants on July 1, 2023. “I Together, we can promote the profession, protect the license, and support the next generation of CPAs.” Key truly cares about the FICPA and the CPA profession,” Weir said.

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Going Concern

FEBRUARY 24, 2023

Except in the case of 90s rapper beefs, Tupac and Biggie were equally popular stars whereas in this case the AICPA encompasses the entirety of the profession in the United States versus Minnesota CPAs and the society that serves them. CPAs would need to hold multiple licenses and incur additional expenses.

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Going Concern

AUGUST 11, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Talent After a pandemic-era hiring binge, consulting firms are cutting back [ Crain’s Chicago Business ] There’s a paywall but you kids are internet savvy.

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Going Concern

OCTOBER 1, 2022

Partners at Deloitte in the UK and Switzerland will receive an average income of more than £1m each for the second year in a row, after the accountancy firm enjoyed another successful year. Firm Watch. Rehmann merges in Vestal & Wiler [ Accounting Today ]. Accountant Life. Kelleher writes: Burnout is real.

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xendoo

MARCH 17, 2022

Historically, small business owners would partner with a local accounting firm, hire an in-house bookkeeper, or do the bookkeeping themselves with a calculator, pencil, and paper. . Income and expenses flow digitally from the bank account to the bookkeeping software, so every transaction can be accounted for and properly categorized.

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RitaKeller

FEBRUARY 15, 2021

But you may be surprised by the fact that virtually the entire South American continent is east of Florida. I believe there are many misconceptions flourishing inside accounting firms. Staff don’t care about the firm, they just want to put in 8 hours and then go home. The partners are stingy.

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Going Concern

APRIL 3, 2023

By Sharon Lassar, PhD, CPA (Florida) John J. Gilbert Professor and Director of the School of Accountancy, University of Denver The AICPA’s website includes a statement titled Purpose in action that, in its 129 words, uses “trust” (twice), “integrity”, “ethics”, and “public interest”. Oh, I know! But, I digress.

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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.

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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?

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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. Firm Watch. Something’s up.

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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 ].

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Going Concern

AUGUST 26, 2022

While you’re here, allow us to pester you to sign up for our newsletter to get accounting headlines twice a week. We found Barry Melancon’s Reddit account. Do we need accounting firms? And the rules of partnership can often slow decision-making and prevent firms from taking risks and nimbly meeting challenges.

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Going Concern

DECEMBER 2, 2022

Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. The following is a discussion of what I have found to be the most common reasons why people leave public accounting.

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