ThomsonReuters

DECEMBER 9, 2020

It will come as no surprise after the year we’ve had: the growing risk of fraud in the 2020 year-end audit is real. A number of audit clients have been struggling to survive the COVID-19 pandemic. High levels of returns shortly after cutoff will also have to be scrutinized in audit procedures this year. Are you ready?

audit 83

audit auditor Maryland cpas 83

CPA Practice

AUGUST 30, 2023

How to fix the crumbing talent pipeline in the accounting profession is a topic on the minds of many people these days. Jackie Cardello During the panel discussion, “Accounting Across Generations: Assessing the Current State of the Industry,” the question, “What do we have to change to rebuild the talent pipeline in the accounting profession?”

cpa firm 105

cpa firm CPA cpas Maryland 105

Going Concern

OCTOBER 25, 2022

It’s 2022 and accounting firms are proudly buying up “real estate” in the metaverse, putting out self-congratulatory press releases about it like it’s supposed to make us think they’re ahead of the curve on technology. Concept art: Who do we call to make this happen? Make PCAOB inspections drop rare outfits.

accounting firms 113

accounting firms Real Estate Gaming Account 113

Going Concern

DECEMBER 5, 2022

Cohen and Company, CPAs of Rockville, Maryland, merged into Marcum effective December 1, adding to Marcum’s presence in the Mid-Atlantic. On Monday, the exchange also announced that it was engaging with the accounting firm Mazars to provide a third-party “factual findings” report.

Account 52

Account accountant accounted audit 52

CPA Practice

AUGUST 1, 2023

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. The awards celebrate those who are emerging leaders, innovators, educators, volunteers and others who have made a substantial impact in accounting.

CPA 98

CPA Tennessee Maryland cpas 98

Going Concern

APRIL 6, 2022

With the ongoing Great Resignation across all industries and the critical pipeline problem contributing to a shortage of accountants , the profession is in a bit of trouble. Let’s start with the salary guide to beat all salary guides: the 2022 Accounting & Finance Salary Guide from Robert Half. Senior tax accountant: 1.4%.

accountant salary 73

accountant salary Account accountant accounted 73

TaxConnex

DECEMBER 29, 2022

The year started with attention on new online products and sales tax – notably in Maryland with its tax on digital advertising. Observers immediately called the Maryland law “incredibly vague” on definitions. More doubters would pop up later. (In Conveniently popular’. Summer started with a report from the U.S. Supreme Court.

Sales 130

Sales Tax Maryland Louisiana 130

CPA Practice

JUNE 5, 2023

Professionals on the Move is a round-up of promotions and hiring announcements in and around the accounting profession. He received bachelor’s degrees in economics and in finance and accounting from the University of Maryland. FORVIS adds Michael Shekel to forensics and valuation team in Washington, D.C. Shekel holds an M.B.A.

Indiana 93

Indiana Massachusetts Real Estate CPA 93

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements.

North Carolina 147

North Carolina Oklahoma Ohio Tax 147

CPA Practice

JULY 12, 2023

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting profession. in accounting. Wei is a member of the Accounting and Auditing, the Quality Control and Peer Review, and the SEC committees at the NYSSCPA. in accounting and economics, and his M.B.A.

Pennsylvania 52

Pennsylvania Maryland New York accounting and finance 52

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements.

North Carolina 130

North Carolina Oklahoma Ohio Tax 130

Accounting Today

JULY 27, 2023

The Public Company Accounting Oversight Board announced 369 accounting and auditing students will receive $10,000 in scholarships as part of its PCAOB Scholars program.

audit 52

audit Account accountant accounted 52

CPA Practice

MAY 18, 2023

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.

CPA 128

CPA institute of chartered accountants chartered accountant North Dakota 128

Going Concern

OCTOBER 21, 2022

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. Accounting Firm Mergers. Understaffed?

audit 80

audit CPA accounting firms accounting and finance 80

Cherry Bekaert

MAY 20, 2024

Consumer compliance program: Assessment of the institution’s policies and procedures, training, monitoring, and/or audit practices; the institution’s consumer complaint response systems or processes; and the institution’s ability to identify and resolve incidences of potential valuation discrimination. Have Questions?

Real Estate 52

Real Estate Texas Hawaii Nevada 52

Cherry Bekaert

MAY 16, 2023

Analyzing Federal Regulations Federal Acquisition Regulation (FAR) 31.205-41, Taxes, states in part “The following types of costs are allowable: (1) Federal, State, and local taxes, except as otherwise provided in paragraph (b) below that are required to be and are paid or accrued in accordance with generally accepted accounting principles.”

income tax 88

income tax Tax tax return Connecticut 88

Going Concern

DECEMBER 6, 2022

note: We received the below letter from an anonymous PCAOB employee who is trying to blow the whistle on what they perceive to be excessive waste and inefficiency at the audit regulator, the gory details of which are described thoroughly in the letter. Maryland/Virginia area where the office at 17th and K can be easily accessed.

New York 67

New York Washington Maryland Virginia 67

CPA Practice

JUNE 1, 2023

AICPA & CIMA Now Offers New Learning Tools for Accounting Professionals The AICPA & CIMA recently announced the offering of anew online learning platform to help accounting and finance professionals improve and update their skills to take advantage of a digital accelerating business environment.

institute of chartered accountants 111

institute of chartered accountants chartered accountant North Dakota Wisconsin 111

PYMNTS

NOVEMBER 29, 2019

Maryland, said Peterson, has constructed a database that lists all the items that are taxable in the state. You can bet, however, that they take the time to read through communications from tax authorities indicating that they are being audited or that they owe back taxes. Then the scrambling begins.

South Dakota 53

South Dakota Tax Nebraska audit 53

Going Concern

OCTOBER 6, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. At one point, Trump attorney Clifford Robert asked Bender to speak into the microphone and the accountant replied: “I am as close as I can be without kissing it.” Within weeks of Maximus’ Sept.

Maryland 107

Maryland audit accounting and finance accounting firms 107

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

tax preparation 98

tax preparation CPA payroll tax Illinois 98

PYMNTS

FEBRUARY 14, 2019

Legal marijuana sellers want bank accounts just like any other business. The credit union monitors cannabis accounts closely, does criminal background checks on all account holders and commissions an annual external compliance audit for all cannabis-related business it conducts, she said. But that’s the exception.

Oregon 92

Oregon Legal Colorado Washington 92

PYMNTS

FEBRUARY 13, 2019

Legal marijuana sellers want bank accounts just like any other business. Neill Franklin, a former Maryland law enforcement officer who now works as executive director of Law Enforcement Action Partnership, said criminals have little problem scoping out businesses that rely on cash and targeting owners or employers (who get paid in cash).

Oregon 46

Oregon Legal Colorado Washington 46