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Five questions for accounting firms

Accounting Today

Accounting firm services Practice management

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Accounting firms react to passing of Queen Elizabeth

Accounting Today

Accounting Accounting firm networks International accounting

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Forging ahead: Leading an accounting firm into the future

Accounting Today

Accounting firm services Practice management Employee retention

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Accounting firms and sales and use tax advising: Perfect together?

TaxConnex

In our blog last week, we looked at how sales and use tax advisory services might be a good new field for CPAs and accounting firms. Accounting and CPA firms looking to expand their services into the sales and use tax niche, often have pent-up demand within their own client base.

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Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

The very mention of the word "Outsourcing" is enough to send shivers down the employee spine. However, this gut reaction - while understandable - is merely based on misconceptions. Outsourcing does not necessarily mean mass layoffs and transplanting offshore. Rather, it could be utilized as an employee-friendly way to assuage an overburdened staff, relieve productivity bottlenecks, and stimulate growth. Join Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP, for this enlightening discussion on the ins and outs of outsourcing, and what it can do for your practice.

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Can accounting firms move into sales tax advising?

TaxConnex

Many certified public accountants (CPAs), enrolled agents and other tax preparers and professionals that run accounting and tax preparation firms are constantly looking for new advisory avenues to service clients.

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Do we need accounting firms?

Accounting Today

Practice management Partnerships

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Developing Your Accounting Firm’s Plan

CTP

What are your accounting goals? Many firms want to grow and expand. Ideally, you’ll delve deep into the last year to better understand what’s working and what’s not for your firm. One recommendation is to: Create an annual goal for one major area of your firm.

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Top cybersecurity considerations for accounting firms

Accounting Today

Ransomware Cyber security Cyber attacks Technology Data management

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7 Signs It May Be Time to Switch Accounting Firms

IgniteSpot

Outsourced Accounting Services Accounting Firm

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Accounting Firms Are Embarrassing Themselves on the Talent Dating Market

Going Concern

It’s December 2022 and we’re now a good year into “The Great Accounting Shortage,” the depth of which won’t truly be known until the fines start rolling in for p**s-poor audit work performed by skeleton crews.

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5 Pain Points Every Small to Medium-Sized Accounting Firm Experiences

These are the top 5 pain points that come up over and over again when we talk to small to medium-sized accounting firms. Let's break each one down and talk about solutions!

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Marketing for accounting firms: individuals vs. small businesses

ThomsonReuters

the potential market available to tax and accounting firms is massive. Here are a few ways you can market your firm’s services to individuals and small businesses. How to market tax and accounting services. With more than 144.3 million individual taxpayers and 31.7

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Don’t Be Surprised to See Accounting Firms Aggressively Merging in the Next Year or Two

Going Concern

There’s an accountant shortage! Firms are trying all sorts of tricks to find and retain talent but the problem may be deeper than not having the right set of perks but rather an actual shortage of qualified talent. due to the natures of the current accounting marketplace.

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The next business model for accounting firms

Accounting Today

Digital transformation Practice management Technology Employee retention Recruiting

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CliftonLarsonAllen is Still the Constructioniest of All Accounting Firms

Going Concern

You may or may not be aware that there is such a thing as Construction Executive magazine, and you may or may not be aware that Construction Executive magazine has ranked accounting firms with construction practices for the past four years. You can see which firms were ranked Nos.

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How to Get the Most Out of Your Online Accounting Firm

IgniteSpot

Efficient online accounting services don’t take shape overnight. The difference is that an employee spends 90 days learning the ropes, whereas an accounting team uses the time to set you up for success. Accounting FirmStart with Robust Onboarding.

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

It is possible to run an Accounting Firm and never do tax returns or financial statements! Tom Bowman, Owner of Bowman & Company, CPA, PC shares his journey and 10 step process for going from Technician to Business Owner.

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Rapidly Growing an Accounting Firm: An Interview with Glenn Hetzel

PANALITIX

Rapidly Growing an Accounting Firm: An Interview with Glenn Hetzel. Hetzel & Associates, CPAs spoke frankly and clearly on the many challenges and opportunities related to growing an accounting business. The idea is to distinguish yourself from accountants.

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Accounting firm that vetted Binance's reserves halts all crypto work

Accounting Today

Accounting Cryptocurrency Audit Audit preparation

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The Smartest Service Businesses in the Country Are Accounting Firms, Says Some Lawyer

Going Concern

Heller takes some of his strategy cues from Big Four accounting firms—which law firm leaders increasingly view as potential competitors. The smartest service businesses in the country are accounting firms,” Heller said.

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Local Accounting Firm Baffled That Desperate Laid Off People Don’t Want to Work There

Going Concern

When big layoffs began in tech last year, accountants everywhere justifiably celebrated for having chosen a career that may not be the most prestigious (or exciting or lucrative…) but will always be in demand.

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10 Pragmatic Guidelines to Inspire Trust in Your Accounting Firm During COVID Times

Speaker: Javier Goldin, Managing Partner at Goldin Group LLC

The accounting profession has been moving from transactional to advisory work. Advisory work is based on relationships and an ongoing dialogue. The pandemic has forced many firms into a remote environment. The implicit trust of a face-to-face interaction is gone. So how do you rebuild or reproduce that trust, key to a relationship, in a remote environment. Can it be done and if so how to best execute? Join Javier Goldin, Managing Partner at the Goldin Group, LLC, for this enlightening discussion on the elements of engendering trust.

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The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War

Going Concern

You ever been in a position where you’re juggling a few different offers from roughly equivalent firms? did not fact check this, just going to trust the press release because if you can’t trust accounting firms who can you trust ya know?

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Increasing productivity and flow in tax and accounting firms

ThomsonReuters

The key is to foster an environment and culture conducive to productivity and flow at your accounting firm. Change the physical environment of your tax and accounting firm. Allow flexible schedules and remote accounting work. Make accountants feel engaged.

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How an Accounting Firm Can Help a New Small Business

PASBA

According to a 2018 survey conducted by Palo Alto Software, the owners of start-ups expressed interest in having an accountant assist them with a variety of tasks. All of this adds up to a lot of opportunity for you as an accountant or owner of an accounting firm. Sometimes it takes only a single session of sitting down with an accountant experienced with business start-ups to help get them back on track.

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Davis and Whitley Get Shafted in Latest Accounting Firm Merger

Going Concern

The details: The leading accounting firms of Whitley Penn LLP and Elliott Davis, LLC announce today that they will join forces and merge to form Elliott Penn LLP, a business solutions firm with approximately $400 million in revenue at the time of combination.

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Build the Ultimate ROI Machine for Your Accounting Firm

Jumpstart the ROI you're getting from your technology stack. Download this guide from Canopy to see how!

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Forbes Names Anders One of America’s Best Tax and Accounting Firms

Anders CPA

For the fourth year in a row, Anders has been named to Forbes’ America’s Best Tax and Accounting Firms List for 2023. With thousands of firms recommended in tax and accounting, Anders is one of 160 firms in the country to be named on both lists.

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Anders Named to Best Accounting Firms List by St. Louis Small Business Monthly

Anders CPA

Anders celebrated being named a Best Accounting Firm at SBM’s Best in Business Awards luncheon on November 1, 2022. The Best Accounting Firms were nominated by St. Louis area businesses and voted to have the top accountants in St.

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The Importance of Client Management Software for Accounting Firms | Canopy

Canopy Accounting

Canopy recently commissioned an independent research firm to survey 150 US-based accountants. Practice Management

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Accounting firm automation: Elevation over elimination

Accounting Today

Technology Automation

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No, Robots Are Not Taking Over Your Job: A Discussion on Balancing People and Tech in Automation

Speaker: Michael Ly, CEO of Reconciled, and Chris Elmore, UNCC Professor and Chief Evangelist of AvidXchange

Like it or not, automation is here to stay; as history shows, propelling efficiency is always in vogue. But technology is only as good as the people it serves. Join Michael Ly, Author and CEO of Reconciled, and Chris Elmore, UNC Professor and Chief Evangelist of AvidXchange, for this illuminating discussion on the intersection of people and accounting automation.

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Are Accounting Firms Really Sending 30% of Their Work Offshore?

Going Concern

Doing a quick search pulled up a 2011 Accountancy Age article which mentioned PwC wanted to send 20% of its core audit hours to India by 2014 , this would have been a leap from the 1-2% of work being outsourced at the time that article was written 10+ years ago.

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Accounting Firm Mergers Require Attention to Tech

Accounting Web

Trends Accounting Firm Mergers Require Attention to Tech

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Few accounting firms use social media

Accounting Today

Digital marketing Practice management Technology Social media

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Accounting Firm Website: 7 Must-haves

Patriot Software

There are 46,000 public accounting firms in the United States. And let’s say that at least half of those firms (23,000) have an accounting firm website. Accountant ProfessionalThere are over one billion websites in the world. Scrap that.

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By the Numbers: The Accounting Firms That Received $635 Million in PPP Loans

Going Concern

” Remember all the layoffs and pay cuts at accounting firms we were meticulously tracking in early 2020? The full analysis from OpenTheBooks is in Scribd below, including details on revenue vs. loans and statements from a few firms that received these loans.

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Why Accounting Firms Need More DEBI Advocates

Accounting Web

Growth Why Accounting Firms Need More DEBI Advocates

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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. Collins left the ‘big four’ firm in October 2022. Congratulations to this public accountant.

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An Accounting Firm Is Hiring an Honest-to-God Actor to Perform in a Client Onboarding Video

Going Concern

The ad also includes what appears to be the script should any rival accounting firms want to steal this client onboarding for themselves. Hello and welcome to our accounting firm! Before we get started, let me tell you a little bit about our firm.

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Accounts payable automation: the ultimate game changer for accounting firms

Accounting Insight

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business.

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Hear Me Out, Accounting Firms Should Add PvP and Achievements to the Metaverse

Going Concern

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. Get on this immediately, firms.