article thumbnail

Friday Footnotes: Disengaged Team? Do This; Deloitte’s Huge India Expansion; Auditors Yelled At…Again | 3.24.23

Going Concern

Journal of Accountancy ] Pandemic pressures have worn the workforce thin, and the economy is in the thick of rapid, radical change. Many practitioners in public accounting are feeling burned out. It’s time for firm leaders to ensure their businesses are on course to not just survive but thrive. CLA, 8th Largest U.S.

auditor 98
article thumbnail

National Society Of Accountants For Co-ops Upcoming Webinars

Nancy McClelland, LLC

I often write and speak about my experiences as a co-op accountant, and how challenging it was to become an expert in the field with so few resources. Some of the topics that will be covered include: Meals and Entertainment, 163(j) Interest Expense Limitation, Net Operating Losses, R&D Tax Credit Update, and State Taxes Post Wayfair.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Professionals on the Move – April 2023

CPA Practice

Professionals on the Move is a roundup of recent hiring and promotion announcements from around the accounting profession. FASB Names Three New Members to Its Investor Advisory Committee The Financial Accounting Standards Board (FASB) recently announced the appointment of three new members to its Investor Advisory Committee (IAC).

article thumbnail

Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! World-wide, startups making AI-powered accounting software amassed $233.3 Let the robot takeover commence! Now, that candidate may test in each of those locations.

Account 52
article thumbnail

Friday Footnotes: Client Hid ‘Damning’ Audit; Predictions for the Profession; Accounting Firm Gets Compromised | 4.15.22

Going Concern

To counter this perception, the accounting profession could be rebranded as a foundational force of social stability and progress, and not just as “a job” with long hours and low return on investment (ROI) on education. There is another way of putting this: Accounting is a profession whose brand has not been diluted.

article thumbnail

Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

One of the most common problems for startup founders is the commingling of funds: when you pay for personal transactions from a business account, or visa versa. You’ll reimburse yourself if you’ve used personal accounts to pay for business expenses. What if I’ve Paid for a Business Expense With a Personal Account?

article thumbnail

Friday Footnotes: Firms Get a Jump on Hiring; RTO Firms Outsourcing ?; BDO Settles 401(k) Suit | 12.22.23

Going Concern

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. One key reason: PwC is trying to compete for top talent amid a dwindling number of accounting majors. Tips are still welcome , nay, encouraged , and we’ll be monitoring the tipline. and Mexico.

auditor 106