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Now the Profession Is Losing Experienced Accountants Too

Going Concern

Here we are again talking about the accountant shortage. Mark Maurer at Wall Street Journal wrote today about a young man named Omer Khokhar who realized after six years in accounting that he was done. The article title: “Job Security Isn’t Enough to Keep Many Accountants From Quitting.” ” Ruh-oh.

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Building a Strong Future: Succession Planning Options for the Construction Industry

Withum

It is estimated that only 30% of construction companies survive after the founder dies, and that number drops to 20% through the third generation. The purpose of this article is to provide a high-level overview of the various alternatives that construction businesses can consider as transition becomes a key factor to their survival.

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Bookkeeping Tips for Construction Businesses

Steve Feinberg

Running a construction business isn’t like running other goods or services-centered businesses. Here are a few bookkeeping tips from the professionals at AppleTree Business Services for construction companies. Why Is Bookkeeping Important for the Construction Business? Construction Bookkeeping Tips.

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3 steps to market your accounting firm

Accounting Insight

If growth is on the agenda for your accounting firm, then marketing is going to help. For example, if you’re targeting construction firms and your branding is pastel blue, is that going to land as well as something bright orange (high-vis)? Skip this, and you risk your marketing lacking focus and results.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

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. Indeed, trust is not built on mitigating risks alone. million from the federal government.

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Top accounting issues in 2023

ThomsonReuters

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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Monday Morning Accounting News Brief: Watch That Utilization; PwC CEO Doesn’t Know His Own Salary | 2.19.24

Going Concern

Deloitte said: “We are considering restructuring parts of our advisory corporate finance business. Civilians who sauntered up to the office on April 10th expecting to get their taxes done? The article talks about the recent trend of PE investments in accounting firms and potential risks should the economy take a turn for the worse.

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