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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

The headline is a bit disappointing however the article is not: Tax prep fees are rising because accounting is not a ‘cool’ career American taxpayers had to pay at least 20% more on average to get their taxes done last year — and accountants aren’t thrilled about it either. increase from $167 two years ago.

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Specializing an Accounting Business: What and How?

PANALITIX

Specializing an Accounting Business: . Accountants are increasingly specializing in response to the commoditization of ‘traditional’ accounting services. Accountants are increasingly specializing in response to the commoditization of ‘traditional’ accounting services. Management accounting. Cost Accounting.

Account 130
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Accountant Vs. Controller: What's the difference?

Basis 365

Structuring your accounting infrastructure can be daunting, no matter how big or successful your company is. Companies often ask about the differences between accountants and controllers. Although the roles are different, they are integral to any accounting team. What is an accountant? What is a Controller?

Account 97
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Effectively Leveraging Accounting for Financial Planning Strategy

CPA Practice

Most small businesses lack the capacity for a financial planning and analysis (FP&A) function, but that doesn’t mean they can’t build analytical and strategic value from their accounting resources. Often, an accountant or controller dedicates a portion of their time to budgeting and modeling – at best.

Account 52
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Gaining More Value with Virtual Accounting

AccountingDepartment

The end of the year is a great time to review your accounting practices. You might want to make changes before the new fiscal year or tax year starts. Here are some of the ways you can benefit from outsourced accounting services. Virtual Accounting Is More Than a CPA. Reduce Costs.

Account 88
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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

Under German law, Apas can only probe and sanction potential misconduct by active accountants who are enrolled in the country’s register of public accountants. KPMG POISED TO CAPITALIZE ON INCREASED DEMAND FOR OUTSOURCING CORPORATE TAX DEPARTMENTS [ PR Newswire ] ONLY POSTING THIS BECAUSE THE ALL CAPS IS FUNNY.

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Industry Accounting Salary Outlook for 2023 is Not Horrible

Going Concern

Of the four roles with base pay that is expected to be lower in 2023, two of them are C-level positions: chief accounting officer and CFO. Staff accountant, Big 4 experience. Senior accountant. Accounting supervisor. Accounting manager. Accounting manager, Big 4 experience. Accounting director.