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New Approaches to Audits Gain Ground

CPA Practice

For many accounting firms this will mean increased opportunities, to sell not only M&A diligence services and financial statement audits, but broader services that allow for ongoing, regular reviews of financial data. As accounting firms begin 2023 they have one thing top of mind — how to effectively recruit and retain talent.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

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11 CPAs Honored by AICPA and CIMA

CPA Practice

Fohn is the current President & CEO of Fohn Consulting in Bellingham, Washington. The AICPA’s Standing Ovation program recognizes young CPAs who exhibit exemplary professional achievement in personal financial planning, business valuation and forensic accounting, and information management and technology assurance.

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AICPA News – July 2024

CPA Practice

Staffing, IRS Service Problems and Leadership Development are Top Issues for CPA Firms, AICPA Survey Finds Finding qualified staff is the top issue for all categories of accounting firms except sole practitioners, according to a biennial survey by the American Institute of CPAs’ firm practice management section.

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AICPA News – Dec. 2023

CPA Practice

The awards spotlight significant contributions to the advancement of the fields of forensics accounting and business valuation. This year, Natalya Abdrasilova and Howard Silverstone were named as Volunteers of the Year, while nine young finance professionals received the Forensic and Valuation Services (FVS) Standing Ovation award.

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Prosperity Partners Acquires Cendrowski Corporate Advisors

CPA Practice

Chicago-based tax and accounting firm Prosperity Partners has made its first acquisition since rebranding from NDH Advisors earlier this month, announcing Sept. The firm has offices in Chicago and Bloomfield Hills, MI. 18 that it’s adding Cendrowski Corporate Advisors.

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Friday Footnotes: EY Cancels Christmas; A Very Sucky PwC Report; Should We Tax Robots? | 12.23.22

Going Concern

Trump’s lawyers called this accounting firm “negligent,” but the IRS believed it ensured his taxes were accurate [ CBS News ]. “The staff failed to understand why the IRS believed that use of counsel and an accounting firm ensures accuracy,” the Ways and Means Committee wrote in its report. .”

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