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Feds Accuse Kansas CPA of Embezzling Money From Client to Build New Home

CPA Practice

By Eduardo Castillo, The Wichita Eagle (TNS) A Kansas accountant has been accused of defrauding a business client and using the client’s money to build himself a home, federal prosecutors said. Quintin Flanagin, 43, of Colby, is a certified public accountant and is part owner of Williams Consulting, a Colby accounting firm.

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NDH Advisors Acquires Kansas CPA Firm Stratus Group

CPA Practice

Chicago-based accounting firm NDH Advisors has acquired Leawood, KS-based tax and accounting firm Stratus Group. Established in 2002, Stratus provides tax and outsourced accounting services to high-net-worth individuals and small businesses. Terms of the deal were not disclosed.

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Accountants Aren’t the Most Concerned About AI’s Impact—Except in One State

CPA Practice

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

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Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations. Tax records show an Overland Park accounting firm, Graham & Associates, prepared the tax reports for the Overland Park Police Officer’s Foundation.

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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

Victoria Saravia Bazoberry (New York), a graduate of the University of Notre Dame with a Bachelor of Business Administration in accountancy, is employed with KPMG LLP in New York, NY. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role in advancing education within the profession.

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Two Honored for “Bridging the Gap” at Boomer Technology Circles Summit

CPA Practice

during the 2023 Boomer Technology Circles Summit in Kansas City, Missouri. These awards honor firms and individuals within the accounting profession that excel in aligning technology and firm management. Faruqi joined Adams Brown and the Boomer Technology Circles six years ago from outside the accounting profession.

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Monday Morning Accounting News Brief: Gen Z Ruins Accounting; EY Hammers Out Some Deets; Internal Control Controversy | 12.05.22

Going Concern

Controversial internal control audit improve operational efficiency for small firms, study finds : “Regulators keep exempting more firms from complying with internal control audits because of the costs,” said Chan Lin, the C.A. Scupin Professor at the University of Kansas School of Business. Gonna be a rough couple weeks.

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