CPA Practice

JANUARY 9, 2024

In recent years, the integration of Artificial Intelligence (AI) and Machine Learning into accounting firms has been on the rise, bringing both opportunities and challenges. Protecting client information is of utmost importance in this evolving landscape.

accounting firms 122

accounting firms Account accountant accounted 122

CPA Practice

FEBRUARY 24, 2023

Tax season is already in full swing and accounting firms across the country are working non-stop to meet the April filing deadline. However, many firms will struggle to keep their existing team busy when May rolls around and the last return has been filed. The more information you can give Google, the better.

accounting firms 128

accounting firms Tax Account accountant 128

Basis 365

AUGUST 8, 2023

With the dynamic business landscape, many companies are turning to outsourced accounting firms to streamline their financial processes and gain access to specialized expertise. Outsourcing accounting functions can offer numerous benefits, including cost savings, improved accuracy, and enhanced efficiency.

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

MAY 17, 2024

Canopy, a firm-wide operating system that helps accounting firms, has raised $35 million in an oversubscribed round of venture funding. The $35 million investment will be channeled towards doubling down on Canopy’s vision for leveraging AI to make firms exponentially more efficient. That company is Canopy.

accounting firms 69

accounting firms Account accountant accounted 69

CPA Practice

DECEMBER 28, 2023

This article will better explain how your accounting firm should (and should not) use tools like ChatGPT. The Good – ChatGPT’s Abilities to Boost Efficiency for CPA Firms ChatGPT is the culmination of recent advances that put powerful new AI tools into the hands of general users.

accounting firms 119

accounting firms Account accountant accounted 119

ThomsonReuters

JULY 6, 2023

As accounting firms look to differentiate themselves from the competition, one trend is leading the way: business advisory. From advising on mergers and acquisitions to specializing in accounting and advisory in your clients’ specific industry, there are many ways to take advantage of this unique opportunity.

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

JUNE 28, 2023

Geni Whitehouse, CPA.CITP, CSPM has been appointed president of the Information Technology Alliance (ITA), an independent membership association of leading mid-market technology professionals, consultants and product/service providers in North America, effective August 1, 2023. For more information on ITA, click here. Petersburg, FL.

Technology 98

Technology CPA accounting software accounting firms 98

CPA Practice

MAY 15, 2024

The technologies used in professional accounting firms continue to evolve and shape how practices function, from client service, to staffing issues, and overall management and growth. WINNER: TheTaxBook – Tax Materials Inc. has become a massive challenge for most small and mid-sized businesses.

Technology 119

Technology accounting firms cpas Account 119

ThomsonReuters

AUGUST 2, 2023

It takes a combination of insight and determination to recruit the right talent for your accounting firm. Recently, respondents to the 2023 State of the Tax Professionals Report shared their top ten tips for a successful accounting firm recruitment strategy. Read the TRI Talent report to learn more.

accounting firms 98

accounting firms Account accountant accounted 98

ThomsonReuters

MAY 22, 2024

There are, however, other considerations at play and challenges that accounting firm leaders may face when looking to move to the cloud. To help firms navigate the change, this article will take a closer look at both some of the opportunities and challenges that firm owners and partners should consider.

accounting firms 52

accounting firms Technology Account accountant 52

CPA Practice

MAY 23, 2024

This FREE online webinar is a continuation of CPA Practice Advisor ’s mission to provide unbiased, independent information on technologies available to practicing public accountants and tax professionals. Trusted by over 3,000 accounting firms, Canopy’s solutions are SOC2-certified and data-encrypted.

bookkeeping 59

bookkeeping accounting firms Account accountant 59

ThomsonReuters

NOVEMBER 9, 2023

In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background.

tax planning 105

tax planning accounting firms Tax Account 105

Accounting Insight

JUNE 9, 2023

An award-winning company secretarial software firm’s recent attendance at Accountex proved to be a busy and successful show. Inform Direct has participated in Accountex over many years, meeting potential clients as well as enjoying the opportunity to catch up with existing subscribers. www.informdirect.co.uk

accounting firms 59

accounting firms Account accountant accounted 59

CPA Practice

JUNE 10, 2023

While the FTC Safeguards rule designed to protect financial and PII (personally identifiable information) has been around for decades, as of June 9, 2023, compliance of various components including a Written Information Security Plan, or WISP, became mandatory!

Education 111

Education CPA cpa firm tax return 111

Going Concern

FEBRUARY 8, 2023

Been a while since we’ve ranked anything, thankfully Portland Business Journal came in clutch today and gave the world a good old fashioned ranking of Portland accounting firms. The full list of 30 firms costs $30 and we don’t have money like that so we’re looking at the five we can see for free.

cpas 107

cpas accounting firms Oregon Account 107

CPA Practice

MAY 6, 2024

Marcum introduces advanced assurance, tax, and advisory services alongside a full array of specialized business and financial solutions relating to R&D tax credits, international tax, transaction advisory, and advanced cyber and information security services.

Michigan 64

Michigan accounting firms Florida Account 64

Shay CPA

FEBRUARY 21, 2024

Starting January 2024 (read: this already applies), the vast majority of companies operating across the country need to submit an annual report called Beneficial Ownership Information (BOI). To file, you need to input information on any beneficial owners. Essentially, this tells FinCEN cui bono : who benefits at the company.

CPA 52

CPA Tax Start-ups Legal 52

CPA Practice

DECEMBER 3, 2023

Once you have the information, create a content strategy that address the persona’s questions, including blogs, eBooks, webinars, landing pages, email drip campaigns, ad buys, social media, and more. Sign into ChatGPT (a paid account is best) Start a new chat, use GPT-4 (or later) Copy/paste or type the following into ChatGPT.

accounting firms 125

accounting firms Account accountant accounted 125

Going Concern

DECEMBER 2, 2022

” Remember all the layoffs and pay cuts at accounting firms we were meticulously tracking in early 2020? Transparency group OpenTheBooks.com crunched the numbers using Small Business Administration data and found $635 million in forgiven PPP loans by 237 accounting firms, some of which also appear on the layoff list.

accounting firms 104

accounting firms Account accountant accounted 104

CPA Practice

JANUARY 19, 2024

Defining CAS Sona Akmakjian, CPA, Avalara ’s global head of strategic accounting partnerships, opened the Accounting Meta Influencers session and welcomed the moderator, Geni Whitehouse, a CPA, consultant and current president of the Information Technology Alliance (ITA). firm with 900 staff and $200M in revenue.

accounting firms 78

accounting firms Account accountant accounted 78

CPA Practice

DECEMBER 30, 2023

This article will better explain how your accounting firm should (and should not) use tools like ChatGPT. The Good – ChatGPT’s Abilities to Boost Efficiency for CPA Firms ChatGPT is the culmination of recent advances that put powerful new AI tools into the hands of general users.

accounting firms 69

accounting firms Account accountant accounted 69

Going Concern

SEPTEMBER 21, 2023

But don’t be fooled—email is secretly a sinister beast, hiding in the shadows as it plots to destroy businesses—including your accounting firm. If your accounting firm still relies heavily on email for client communication and document management, you’re not in the fast lane—you’re on the road to ruin.

accounting firms 57

accounting firms Account accountant accounted 57

Canopy Accounting

JULY 5, 2023

With the kind of sensitive financial information that accounting firms have, they become prime targets for cyberattacks. Learn how to protect your firm in our latest guide.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

JUNE 14, 2022

12 years ago my former colleague Caleb Newquist published a post titled “Do Accounting Firms Care if You’re On Drugs?” For informational purposes only and definitely not because I know a bunch of you are on drugs I am going to list how long it takes certain drugs to leave your body. Wait, what? I know mine was.

accounting firms 104

accounting firms Account accountant accounted 104

CPA Practice

JULY 24, 2023

The American Institute of CPAs (AICPA) representing AICPA & CIMA has released the PCPS Strategy Planning Toolkit , a resource designed to assist accounting firms in business model transformation. It has been used by organizations of all sizes to create meaningful, actionable and inspiring plans.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

JUNE 14, 2023

While the FTC Safeguards rule designed to protect financial and PII (personally identifiable information) has been around for decades, as of June 9, 2023, compliance of various components including a Written Information Security Plan, or WISP, became mandatory!

Education 75

Education CPA cpa firm tax return 75

Going Concern

FEBRUARY 7, 2023

Keep it coming, accounting firms. Employee feedback, [CLA managing director of HR Patrick] Bowes says, was the most critical driver of the changes to the CLA benefits strategy, which was also informed by claims data. But you know this article isn’t going to be praise for employee perks.

accounting firms 109

accounting firms Account accountant accounted 109

CPA Practice

JULY 20, 2023

have announced the launch of the 9 th Annual Accounting Firm Operations and Technology (AFOT) Survey. The survey results eBook, to be released in November 2023, will continue to remain a free resource delivered to practicing accounting, tax and bookkeeping professionals who complete the survey.

accounting firms 72

accounting firms Technology cpa firm Account 72

CPA Practice

AUGUST 1, 2023

UHY LLP will expand its presence in the Northeast with the combination of the certified public accounting firm Bigelow & Company, located in Manchester and Portsmouth, New Hampshire. As one of the fastest growing accounting firms in the U.S., For more information about UHY, please visit www.uhy-us.com.

New Hampshire 40

New Hampshire accounting firms Account accountant 40

Going Concern

AUGUST 30, 2023

to evaluate employees moving between large accounting firms and the IRS, a.k.a The Congressional request specifically noted interest in large accounting firms. The request noted that the review should include “the extent to which large accounting firms and their employees are taking advantage of the revolving door [i.e.,

accounting firms 67

accounting firms Account accountant accounted 67

CPA Practice

APRIL 22, 2024

This not only supports the community but also puts your firm in front of potential local clients. Host Informative Workshops: Organize free, educational workshops on financial wellness, tax planning, or small business accounting. Enhancing Client Relationships Use the summer to deepen relationships with existing clients.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

SEPTEMBER 15, 2023

Chattanooga Times Free Press has written quite the story about legacy accounting firm Croft & Frost abruptly laying everyone off earlier this week after months of issues making payroll. This culminated Tuesday when the firm dismissed all employees, still owing them pay dating back to early August.

accounting firms 125

accounting firms payroll South Dakota North Dakota 125

ThomsonReuters

APRIL 13, 2023

Understanding how to manage client expectations and concerns and how to get through the process is an essential skill in the tax and accounting professions. That is true for both large accounting firms and small accounting firms , since any client could be the target of an audit.

audit 52

audit accounting firms Tax Account 52

Menzies

APRIL 4, 2023

Menzies LLP - A leading chartered accountancy firm. To allow HMRC to check that the correct amounts of tax have been paid by taxpayers, they have been afforded formal legal powers to request information and documents from taxpayers. These powers are contained within Schedule 36 to Finance Act 2008.

tax return 52

tax return chartered accountant Tax Legal 52

Accounting Insight

MARCH 8, 2023

Trouble finding qualified staff continues to be a top concern for accounting firms of all sizes, according to the AICPA’s 2023 Top Issues Survey. It’s easier said than done to provide quality training for staff while firm owners have to juggle marketing and selling the firm with providing the actual service.

accounting firms 59

accounting firms Account accountant accounted 59

CPA Practice

SEPTEMBER 12, 2023

CPA.com, the business and technology subsidiary of the AICPA, and Good.Lab, a leading provider of environmental, social and governance (ESG) software and consulting services, today announced a new ESG practice development program that will enable accounting firms to respond to growing client demand for ESG advisory services.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

MAY 17, 2024

We’ll see applicable AI in Tax, Audit, and Client Accounting Services this year and next.

Technology 64

Technology accounting firms Account accountant 64