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

Since the pandemic, firms have broadly accepted remote and hybrid workforces, and the technologies supporting these functions have seen significant advancement, increasing productivity, while giving staff enhanced work-life balance. Instead also provides an all-in-one platform for accounting firms called Instead Pro.

Technology

Going Concern

JUNE 23, 2022

14 or 15 years ago I trolled Bill Sheridan of the Maryland Association of CPAs on Twitter about uncovering a weapons cache they’d stashed on CPA Island, a then-revolutionary virtual space in the game Second Life MACPA had set up for…accounting things. Back in 2008 CPA Island was the first (only?

Maryland

Going Concern

JULY 11, 2023

And here’s their game plan: As an initial step in remediation of this material weakness, we are engaging temporary third-party resources with the appropriate level of knowledge and experience in accounting and internal control matters to complement the existing organizational structure.

Account

Going Concern

MAY 12, 2023

As a firm we have had to be proactive in our response to attracting candidates, addressing workforce planning and aligning our recruitment strategy to reflect this.” Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Is AI going to replace me? [

CPA

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

AUGUST 14, 2023

CHICAGO, AUGUST 2023 − BDO USA, one of the nation’s leading accounting and advisory firms, today announced its intention to establish an Employee Stock Ownership Plan (ESOP), providing a broad base of our employees the benefit of ownership and a new model for the firm’s continued investment, growth, and long-term sustainability.

Florida

CPA Practice

AUGUST 30, 2023

That’s it, you sit at a desk all day and crunch numbers, and that’s not true either, particularly if you’re in public accounting or doing consulting work for clients. It’s a good idea to have a basic understanding of what accounting is and why it’s important to understand a basic financial statement. It’s not glamorous.

cpa firm

Going Concern

APRIL 21, 2022

Time to whip out an ancient Game of Thrones meme here: The 2021 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report released a couple weeks ago tells us that the number of accounting graduates trended downward in the 2019–2020 academic year (most recent data available), with decreases of 2.8%

cpas

Going Concern

SEPTEMBER 29, 2023

The London-based global accounting firm officially known as PricewaterhouseCoopers International is in talks to lease three floors at a new office building at 3155 Olsen Drive, across from Santana Row in West San Jose, the San Jose Mercury News reported, citing unidentified sources. KPMG offered video game training to some employees.

auditor

CPA Practice

SEPTEMBER 6, 2023

Several AI systems were among this year’s winners of the Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. And email efficiency is only the beginning. Creating all the journal entries you need.

Technology

Going Concern

AUGUST 16, 2024

Those are some of the many careers available to a certified public accountant (CPA). Unfortunately, however, interest in the accounting profession is waning. 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.

audit

Going Concern

SEPTEMBER 8, 2023

News KPMG halves pay for US partners on gardening leave amid poaching war [ Financial Times ] KPMG’s US partners have been told that they will be put on 50 per cent pay during six months of gardening leave if they quit to join a rival, marking an escalation in efforts by the Big Four accounting firms to stop staff poaching.

Kansas

Going Concern

SEPTEMBER 9, 2022

Accountants in high demand as average earnings hit almost €120,000 [ The Irish Times ] A survey by industry group Chartered Accountants Ireland in conjunction with accounting firm Barden shows that the average salary package commanded by these professionals rose by €7,000 or 6 per cent to €119,270 last year.

audit

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

Going Concern

SEPTEMBER 13, 2024

‘Surreal’ venue fight erupts in constitutional challenge to accounting oversight board [ Reuters ] For the third time in the last several months, a conservative U.S. On Thursday, an anonymous Texas accounting firm filed a petition [ PDF ] at the 5th U.S. private equity firm Clayton, Dubilier & Rice in 2022 in a $2.2

Kansas

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

CPA Practice

APRIL 27, 2023

Matthew Legg Joins Schneider Downs as International Tax Practice Shareholder Schneider Downs, one of the 60 largest certified public accounting and business advisory firms in the United States, recently announced that Matthew Legg, CPA, has been named tax shareholder to lead the firm’s growing International Tax practice.

Real Estate

CPA Practice

NOVEMBER 7, 2023

As part of today’s launch, Black Ore also announced its flagship product, Tax Autopilot , which combines its proprietary AI technology with federal and state tax codes and regulations to simplify the tax preparation and review process for Certified Public Accountants (CPAs) and accounting firms.

Technology

CPA Practice

JUNE 6, 2023

What advice would you give to women college students about preparing for a career in the accounting profession? How would you advise accounting firms on how they can better attract, retain, and advance more women? I use my phone and my iPad to play games. It’s a great time to be a CPA. I use my e-reader to read books.

CPA

Going Concern

AUGUST 22, 2022

PwC is being sued by a 28-year-old auditor who claims he suffered a serious head injury after attending a work event that involved an “excessive” drinking game of pub golf. Firms might try to get you back in the office after Labor Day. Public accountants continue to quit, why are they leaving? Could CBD help you?

auditor

CPA Practice

AUGUST 29, 2023

Candidates should demonstrate superior, game-changing work performance by utilizing, embracing, and perhaps introducing new processes, technologies, solutions to existing procedures. Nominations for the 2023 Awards are now open. Click here to go to the free nomination form.

CPA

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. This shift allows firms to reallocate their talent to more engaging, high-value tasks, fostering a more stimulating and rewarding work environment.

Technology

Going Concern

SEPTEMBER 5, 2023

BDO is now among the largest ESOPs in the country and is the first large public accounting firm to transition to ESOP ownership. Wipfli is upping its risk management game : Wipfli LLP (Wipfli) announced today it has acquired Sheshunoff Consulting + Solutions’ risk management and loan review services divisions.

Account

xendoo

MAY 19, 2021

As a small business owner, you want to keep your head in the game. Handling your own bookkeeping and accounting may seem like an easy corner to cut, but the chances are that you’ll pay for it in one way or another. . A Florida Certified Public Accountant Can Help You to Understand Sales Tax Laws.

Florida

Going Concern

JUNE 24, 2024

Katherine Bigelow was terminated in February after Perry said she misrepresented her qualifications as a CPA, or certified public accountant. … Anybody who has ever interned, worked or passed-through any of these accountancy firms would easily recognize the concept of a ’24 Hour Economy.’

Account

RitaKeller

NOVEMBER 10, 2020

All of my clients and other firms in my sphere tell me that they are trying (several, almost desperately) to find more people with the skills and desire to work and succeed in public accounting. In our world, what talent means is you have the above-average ability to master accounting firm work very rapidly.

CPA

KROST

APRIL 13, 2022

As featured in INSIDE Public Accounting. After two full years of pandemic-related upheavals and historic turnover, firm leaders scrambled to keep their people. Develop a game plan with managers involved with the employee. Not everyone should be at our firm and sometimes counseling them out is the right answer.”.

public accounting

Going Concern

AUGUST 7, 2023

The AICPA-NASBA initiative, called the Experience, Learn and Earn (ELE) program, is designed to help resolve some of the financial hurdles to college graduates’ pursuit of the CPA license by integrating relevant online study with work experience through a participating accounting firm. James – Senior Accountant 2.

Account

PYMNTS

JANUARY 19, 2018

Recent research from Australian small business accounting firm Xero and payments company American Express explored just how big of a stressor late invoice payments are on Australian companies. But the late B2B payments problem is a global one, and while the U.K.

Government

Going Concern

JUNE 12, 2023

KPMG on the UK economic forecast via The Guardian : A new report by the accountancy firm KPMG has found that the economy has enjoyed a better start to the year than it had thought, and is now expected to grow by 0.3% “Broadly speaking the problem here is not demand, it’s about what clients are willing to pay for it.”

Account

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. It’s a special place.

public accounting

Going Concern

SEPTEMBER 15, 2023

At the meeting, the Board will consider issuing for public comment a proposal to amend PCAOB Rule 3502, Responsibility Not to Knowingly or Recklessly Contribute to Violations. A number of accounting firms,1 public companies, professional membership associations and other key stakeholders raised concerns.

Colorado

Going Concern

NOVEMBER 10, 2023

So as a professional in the field is doing research on a particular topic and in the course of a client engagement, they can use this tool to help them respond to those types of inquiries, or to assist in the audit process,” Will Bible, digital transformation and innovation leader, audit and assurance for Big Four accounting firm Deloitte said.

audit

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.

Account

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