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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

AT&T is coming for your recruits : AT&T Woos Accounting Students, Bypasses Big Four Training Ground AT&T Inc.’s ’s top accountant is confronting a competitive job market by rethinking the company’s traditional reliance on large CPA firms as a training ground for new hires, taking her recruiting pitch on-campus instead.

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Why Fraud—Yes, Fraud—Could Boost the Accounting Talent Pipeline

CPA Practice

A new study from the University of Florida revealed how financial fraud can play a surprising role in the struggling accounting labor force. Research to date suggests that financial fraud can have damaging consequences, like increased criminal activity as well as reduced trust and participation in capital markets,” Carnes said.

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Who Had ‘Do More Fraud’ on Their Things That Could Save the Accounting Profession Bingo Card?

Going Concern

When a tipster sent this over yesterday it seemed obvious prior to clicking the link they were joking when they suggested that “people exposed to fraud have a modest increase in joining the accounting profession.” The phys.org write up is titled : Accounting is facing a labor crisis. Could fraud be part of the solution?

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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Have a safe Memorial Day.

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Being the CFO Your Client Needs

PANALITIX

In a recent webinar, Panalitix CEO Mark Ferris discussed how accountants can offer more strategic (CFO-type) services. Accountants raised great points before and during the event. From an accountant in Minneapolis, USA). This is in addition to their oversight of matters of compliance, accounting and tax). Absolutely!

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

Businesses should be prepared to provide documentation supporting their ERC claims, including payroll records, financial statements, employment tax returns, and any other relevant records. Certified Public Accountants (CPAs): CPAs are licensed accountants with expertise in tax matters.

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Offering Virtual CFO Services in the Cannabis Industry with Guillermo Rodriguez

Anders CPA

Intro (00:00:00) – Welcome to the Modern CPA Success Show, the podcast dedicated to helping accounting firms stay ahead of the curve. Join us as we change the way people think about accounting. And so we developed the model and that was really my kind of my segue into being more of a forward looking accountant into forecasting.