Going Concern

JANUARY 31, 2025

Firm Watch Accounting firm taps longtime employee to head up Charlotte office [ Charlotte Business Journal ] RSM US has named a 13-year veteran of the company as the new leader of its Charlotte operations. One of the regions largest CPA firms is getting bigger, following Goldstein Lieberman & Co.

cpa firm

Going Concern

MARCH 3, 2025

We should probably talk about this: 25-35 year old accountants/CPAs should be scared right now. Not to be click baity but I had this realization on my way to Los Angeles this morning (buying an accounting firm). Gone are the days where you can work for a CPA firm for 20 years and just be granted partner.

cpas

Going Concern

JANUARY 10, 2025

Comments left on: [link] pic.twitter.com/73IzrRpEpN — Going Concern (@going_concern) January 10, 2025 Survey Says 2025’s business game-changers: AI surge, costs and housing [ KPMG ] Business leaders aren’t worried about talent anymore because they have an unlimited supply in India and The Philippines. PCAOB lawsuit.

New York

Going Concern

JULY 25, 2025

Deloitte under investigation by UK FRC over Glencore audits [ International Accounting Bulletin ] The UK Financial Reporting Council (FRC) has initiated an investigation into Deloitte over its audits of mining group Glencore. Streets was originally founded in 1907 and is now a UK top 40 accounting firm.

Gambling

CPA Practice

AUGUST 30, 2023

“The one who did choose accounting, obviously we didn’t ask this question, but to the others we asked: Why didn’t you choose accounting? Pretty much overwhelmingly they said it was because you have to have an accounting degree and a CPA, which isn’t true. You don’t have to be a CPA. It’s not glamorous.

cpa firm

CPA Practice

AUGUST 14, 2023

the sixth-largest public accounting firm in the U.S., said on Monday that it is establishing an employee stock ownership plan (ESOP)—which would allow its more than 10,000 professionals to buy a shared stake in the CPA firm—that is expected to become effective later this month. BDO USA P.A.,

Gaming

CPA Practice

AUGUST 28, 2024

As in 2023, AI systems were again dominant among the winners of the 2024 Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. “ AuditFile AI is like the self-driving car of auditing.

Technology

CPA Practice

JANUARY 18, 2023

The season and games are longer today, but beyond that, not much else has changed in more than 120 years of professional baseball. After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.

public accounting

CPA Practice

MARCH 14, 2023

She recommends creating the perfect game for your life, selecting your rules, and working on the theme of your game. All these items should be summarized in a budget, even though our Accounting Firm Operations Technology survey shows that a large percentage of CPA firms don’t manage technology from a budget.

Technology

ThomsonReuters

JULY 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage. Sounds great, right?

Technology

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Table of Contents How to Choose a CPA Firm Name? Choosing an accounting firm name is all about branding and how you want the outside world to perceive you.

accounting firms

Going Concern

SEPTEMBER 29, 2023

by u/Altruistic-Bee-6372 in CPA Office Space PwC looks to exit Downtown for office in West San Jose [ The Real Deal ] Downtown San Jose has one more business casualty that could head west: PwC. The accounting firm subsequently used the information to advise clients on how to sidestep the tax changes.

auditor

CPA Practice

OCTOBER 2, 2024

Accounting firm platform Ascend has a new member firm: Lucas Horsfall in Pasadena, CA. Backed by private equity from Alpine Investors, Ascend partners with regional accounting firms but allows them to stay independent while providing the firms resources to help them grow. Terms of the deal weren’t disclosed.

California

Going Concern

AUGUST 16, 2024

We need to come together as public accounting firms, public and private companies, industry associations and CPA societies to sell a career in accounting differently. We need to create greater awareness for the work of a CPA and the impact it has.

audit

Ryan Lazanis

SEPTEMBER 27, 2023

If you’re a CPA firm looking to outsource your bookkeeping, you’ll want to check out this post on the 7 different options for outsourced bookkeeping for CPAs. In this article, I’ll run through some of the more modern options that might make the most sense for your firm at the moment.

bookkeeping

Going Concern

MARCH 15, 2024

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

auditor

RitaKeller

MAY 20, 2021

It also applies to partners (especially the managing partner) in accounting firms. Keeping your eye on the ball applies throughout the game or match, not just as certain times. Managing an accounting firm requires you to keep your “eye on the ball” throughout the year, not just during busy season.

Sports

Going Concern

OCTOBER 13, 2023

Audit regulator says accounting firms still falling short [ The Globe and Mail ] One of Canada’s Big Four auditing firms has a significant number of problems in its work for the second consecutive year, the national industry regulator has found. You need to become aware of everything that needs to (or ought to) be done.

Washington

Going Concern

AUGUST 24, 2022

A majority of accounting educators and practitioners would not major in accounting if they “were completing their education over again” (Albrecht and Sack 2000, Ch. 4) and CPA firms have exceptionally high employee turnover (CPA Journal 2018). Read the whole paper: Is Accounting a Miserable Job?

accounting careers

CPA Practice

AUGUST 9, 2023

AuditClub, the Audit Service Center for CPA firms and companies, has launched a new alliance model designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients. “In

audit

CPA Practice

SEPTEMBER 7, 2023

Here’s a closer look at some of the featured speakers and the invaluable knowledge they bring to the conference: Dawn Brolin, CPA, CFE As the CEO of Powerful Accounting and author of “The Designated Motivator,” Dawn Brolin is a seasoned CPA, firm owner, author, and podcaster.

accounted

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. The challenge for CPA firms is to create an environment and a career path that talented young people find appealing.

Technology

RitaKeller

NOVEMBER 10, 2020

For example, here are some titles of articles in CPA publications: The Accounting Profession: Talents that Matter How to Motivate & Retain Your Talent (JofA) How to Win the Game of Talent (JofA) Where Should You be Looking for Top Talent (AT) I have spoken and written on the topic of Hiring and Retaining Top Talent numerous times!

CPA

Ryan Lazanis

NOVEMBER 17, 2022

Every accounting firm owner knows that customer relationship management (CRM) is essential to success. Fortunately, there’s a lot of excellent software available right now that will help you stay on top of your game. What is a CRM for Accountants? Why Do Accounting Firms Use a CRM? Let’s go!

accounted

CPA Practice

JULY 11, 2024

Because you may be listening to this game. But another feature that the quick fee folks have promoted is that if you want to do a technology upgrade, they’ll fund you for X number of days, 90 120 days as a CPA firm, so you can actually make the purchase and they’ll pay the vendor and then you pay quick fee for those technology services.

Technology

Anders CPA

DECEMBER 11, 2023

In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton is joined by colleagues, Christy Buchanan and Guillermo Rodriguez , as they discuss the cannabis industry as a niche for accounting firms. And I have been in this role for two years and five years with CPA firms.

South Dakota

Going Concern

SEPTEMBER 15, 2023

A number of accounting firms,1 public companies, professional membership associations and other key stakeholders raised concerns. In addition, in a rare occurrence, PCAOB board members Christina Ho and Duane DesParte — the only two certified public accountants on the board — issued public dissents when the PCAOB issued the proposal.

Colorado

Going Concern

AUGUST 28, 2023

Accounting firms across the pond are ditching Zoom interviews, writes Sunday Times : Zoom calls became the norm for business meetings during the pandemic — but accountancy firms, among the biggest graduate recruiters, are going back to face-to-face interviews when hiring, saying it is easier to assess candidates’ characters.

accounting firms

Going Concern

JANUARY 26, 2024

As GenAI continues to be pervasive in many different industries and areas, it will be critical for public and private sector actors to establish trusted AI programs with clear ethical guidelines and controls for GenAI use within the organization, emphasizing transparency, fairness, and accountability. million from the federal government.

accounted

Going Concern

MAY 5, 2023

We’ll see how those trends unfold overtime as the economy continues to shift,” says Adam Batechlor, chief strategy and innovation officer at the Pennsylvania Institute of Certified Public Accountants (PICPA), which conducted the survey of more than 300 CPA firms in the state with Hinge Research Institute.

audit

Going Concern

OCTOBER 20, 2023

I had coached baseball for 3 years at this point, umpired baseball games for 6 years, played basketball my whole life, and coached junior high football for a year. Following graduation, I took the summer off of work and umpired baseball games, golfed 18 holes, and studied for the CPA exams. Crazy how that works.

public accounting

Going Concern

DECEMBER 31, 2022

Nothing at all like the luxurious gaming chair your firm WFH stipend covered, though let’s be honest that one is harboring some ghost farts too. And CPA firms that worked with Alliantgroup are receiving messages from a federal grand jury subpoena , or so we hear. The post was prompted by this tweet: Accounting industry.

accountant salary

Ryan Lazanis

SEPTEMBER 1, 2023

The small business accounting software systems listed above provide basic invoicing and payment capabilities, but sometimes you need more than just that. Behold the best invoicing, billing, and proposal apps that integrate with your online accounting software. 25) Practice Ignition Have a modern small business accounting firm?

accounting software

Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future.

Technology

CPA Practice

OCTOBER 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. And I think you need to think about what what that is, and and what it needs to be in five or 10 years for your firm to be sustainable. Use the podcast player below to listen.

Technology

Going Concern

DECEMBER 9, 2022

As we enter the season of giving, it seems that employees of a Mississippi-based accounting firm with a lucrative Florida contract have allegedly been caught gifting themselves funds intended to help citizens in need. Baker Tilly Shops for US Law Firm as Big Four Expand Services [ Bloomberg Tax ]. Something’s up.

CPA

Going Concern

AUGUST 4, 2023

Less than 1% of firms can find enough staff [ Accounting Today ] Relatively few CPA firms are able to find enough employees to fill their ranks and are resorting to strategies like hiring workers abroad, raising starting salaries, offering fully remote jobs, and hiring staff who haven’t graduated college, according to a new survey.

cpa firm