Going Concern

JANUARY 3, 2025

PR Newswire ] Aprio, the 25th largest business advisory and accounting firm in the U.S., announces the strategic acquisitions of two leading accounting firms, KRD, Ltd. Two anonymous accountants and an unnamed accounting firm have challenged the Public Company Accounting Oversight Boards enforcement authority.

auditor

CPA Practice

NOVEMBER 8, 2024

So, so embed is a, really a tool that that offers that solves a lot of different workflows that you would have in with in an accounting firm or tax firm. Now, let’s keep the main thing, the main thing here. Tankersley, CPA.CITP, CGMA 01:00 first.

Technology

Accounting Today

JUNE 13, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Accounting firms are reporting bigger profits and more clients, according to a new report. Some of the main challenges faced by firms include economic uncertainty (38%), mastering AI (36%) and rising client expectations for strategic advice (35%).

Technology

CPA Practice

OCTOBER 23, 2024

Small and midsized businesses are facing growing staffing challenges, as rising business costs and economic conditions are prompting potential layoffs, according to the Fall 2024 Main Street Index from top 15 accounting firm CBIZ. increase in benefits/comp enhancements. Bar graph courtesy of CBIZ.

Healthcare

ThomsonReuters

DECEMBER 27, 2024

What should accountants look for in cryptocurrency audit software? The main hurdle is to audit crypto data across multiple wallets, exchanges, and transactions to ensure completeness and accuracy of reported balances and activities. Unique audit risks related to cryptocurrency What is an auditors responsibility in crypto audits?

audit

Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. Main Initiatives Manufacturers operating in the following areas of specialism could stand to gain from specific initiatives: Committing £975 million in R&D funding for the aerospace sector over five years. A key theme of today’s budget was “Invest, Invest, Invest!”

Manufacturing

Accounting Today

JUNE 12, 2025

Bangor, Maine: Paul Archer, a Florida resident formerly of Hampden and Orrington, Maine, has pleaded guilty to attempting to evade federal taxes and engaging in fraudulent transfers and concealment in a bankruptcy proceeding. The tax loss totaled $356,881. Sentencing is Sept.

Tax

Accounting Today

JULY 28, 2025

Another thing Ive noticed in the market is you dont see new accounting firms popping up. In my day, being an old-timer, I mean, it was very common for somebody to leave a big firm, start their own firm, and build it." Atlanta-based Top 100 Firm Smith + Howard has had to be proactive with its technology. "I

Technology

Accounting Today

JUNE 23, 2025

I think that the concept of what a managing partner is at accounting firms has changed a little bit over the years to be more really leadership oriented. I mean, I think for a lot of accounting firms, they say, well, I couldnt take on a $50,000 client if all Im doing is a thousand dollars clients because what if I cant serve them?

accounting firms

Going Concern

JANUARY 13, 2025

There is enough data to show most WFH people are not as productive unless they have ownership in the business because quite frankly [link] — Eric Pierre, CPA (@yourfavecpa) January 12, 2025 Venture capitalists are excited about accounting firms according to WSJ : Venture capitalists are known for betting on risky, moonshot technology.

accounting firms

Canopy Accounting

MAY 26, 2025

However, when you future-proof your accounting firm's tech stack, you stay competitive while giving your team some breathing room. The main problem is: How can you future-proof something as versatile as technology? Keeping up with technologys evolution is easier said than done.

Technology

Menzies

DECEMBER 19, 2024

Menzies LLP - A leading chartered accountancy firm. In a recent study undertaken by the UK Warehousing Association, the warehousing sector possesses approximately a third of all commercial roof space and whilst the take up of solar panel installations in the sector have been slow, this is now starting to increase and gain momentum.

Tax

Accounting Today

JUNE 6, 2025

Accountants previously using Paychexs AccountantHQ can now access the functionality of Paychex Flex through a dashboard with simplified workflows, providing an experience that matches what their clients see. Accounting firm-focused payments solutions provider CPACharge announced a new partnership with SafeSend , part of Thomson Reuters.

Technology

CPA Practice

JUNE 30, 2025

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

Technology

Menzies

OCTOBER 31, 2024

Menzies LLP - A leading chartered accountancy firm. From 6 April 2025, the Business Asset Disposal Relief tax rate will increase to 14%, and from April 2026, it will align with the main lower rate of 18%. The recent Budget has painted a mixed picture for the Transport and Logistics sector.

Transportation

Going Concern

OCTOBER 11, 2024

Remaining Downtown: While others move on, an accounting firm is expanding in the Golden Triangle [ Pittsburgh Post-Gazette ] At a time when many firms are downsizing their office space, Louis Plung & Company is going against the flow. accounting firm, fueling skepticism about the true state of its reserves.

audit

CPA Practice

NOVEMBER 19, 2024

Sure, you can’t stop tax season from coming (and let’s be honest, you probably wouldn’t want to since it brings in a lot of extra revenue), but you can definitely change how your firm handles it. I ran a full-service accounting firm for six years. This can lead to a heavy workload and increased stress levels.

Tax

Going Concern

JUNE 20, 2025

Max 60 tax audits per partner likely: ICAI [ The Economic Times ] A partner of an accounting firm will be allowed to take up a maximum of 60 tax audits in a year from FY27, Institute of Chartered Accountants of India (ICAI) president Charanjot Singh Nanda said. Meanwhile, their employees are kinda just…doing whatever they want.

auditor

ThomsonReuters

JULY 10, 2025

Set to take effect, in part, on December 15, 2025, the new Quality Management Standards (QMS) provide guidelines that enhance the quality of services accounting firms deliver. They’re structured into two main components: SQMS 1 and SQMS 2. SQMS 1 SQMS 1 addresses the firm’s system of quality management.

audit

Going Concern

OCTOBER 25, 2024

Firm Watch Whistleblower says big accounting firm hid evidence that a Saudi co-defendant helped finance 9/11 [ Florida Bulldog ] So this is…a lot. For the second year in a row, New York-based accounting firm PKF O’Connor Davies took the #1 spot on Vault’s Best Overall Internships list.

accounting and finance

Accounting Insight

APRIL 7, 2025

McKinsey ) Accountexs Commitment to DE&I With the worlds biggest accounting firm cancelling its DE&I programs, championing DE&I feels like an act of resistance. Despite what is going on around us, we are standing firm.

accounting and finance

Going Concern

JUNE 9, 2025

First, a Reuters story : Crete Professionals Alliance, an accounting platform backed by Thrive Capital, plans to invest over $500 million to acquire U.S.-based based accounting firms in the next two years, and equip them with OpenAI-powered artificial intelligence technology to boost efficiency, company executives told Reuters.

Nebraska

CPA Practice

JULY 24, 2025

CAS Can Attract the Next Generation of Accounting Talent While helping accounting firms diversify and expand their revenue streams has been the main driver of the growing popularity of CAS , its appeal to young professionals seeking a better work-life balance may be even more consequential in today’s environment.

Technology

Accounting Today

JULY 30, 2025

I think theres not that many firms that can do it, do it well, unless theyre the bigger firms and a few of our size. So I think thats the main difference. (01:53): 01:53): So the piece of advice is to offer the services that people need, but knowing which ones you need to refer out.

Technology

Going Concern

JUNE 13, 2025

Talent Accounting firms becoming more reliant on overseas talent, survey finds [ Accounting Times ] Barf at pinning this on the so-called accountant shortage. UK accounting watchdog fines KPMG $1.7 This distinguished list ranks the top CPA firms by the number of SEC-registered hedge funds audited.

CPA

Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. The main areas of focus are on helping to identify so-called ‘tax ghosts’ i.e. those who are not known to HMRC and in efforts to tackle offshore non-compliance. This is expected to cost £1.4 billion over 5 years and raise £2.7 billion by 2029/30.

Tax

Accounting Today

JULY 21, 2025

Thats how we have grown this niche … We are a globally integrated firm, which means that we deliver services seamlessly across borders to our clients, which are mainly multinational companies." So our growth strategy actually stems from having a clear jurisdictional corridor strategy, and focusing on the needs of multinational clients.

Technology

Menzies

OCTOBER 23, 2024

Menzies LLP - A leading chartered accountancy firm. The main risk is non-payment; the larger the amount owed, or the length of term agreed, the greater risk the business is exposed to. Offering credit terms to support sales is a normal and expected part of doing business in many sectors.

chartered accountant

CPA Practice

JUNE 12, 2025

This shift underscores growing apprehension across Main Street accounting firms serving as frontline advisors on tax, payroll, and compliance decisions, Avalara said. In contrast, farming (6%), franchising (3%), and arts and entertainment (2%) are seen as the most vulnerable sectors, according to accountants.

Technology

Accounting Today

JULY 16, 2025

Small businesses look to AI for competitive edge Naret - stock.adobe.com A new survey conducted by Reimagine Main Street in partnership with PayPal reveals that 82% of small businesses believe adopting AI is essential to staying competitive. One thousand small businesses with revenue between $25,000–$5,000,000 participated in the study.

Technology

Going Concern

MARCH 4, 2025

They explain how a rebrand was prompted after Deloitte planned to spin off its consulting business from the main brand in 2002 but got cold feet and by 2003 decided not to split after all. Copeland said, referring to the law passed last summer that placed new restrictions on accounting firms. The first was acronyms.

audit

Menzies

NOVEMBER 25, 2024

Menzies LLP - A leading chartered accountancy firm. Furthermore, shares designated as “not listed” on markets of recognised stock exchanges qualifying unlisted stock markets, such as AIM shares, will now only qualify for 50% relief from the main rate of IHT of 40%. Previously these assets qualified for 100% relief.

Agriculture

Going Concern

JULY 10, 2025

Remote Work Experience: Y Salary: $160k, flexible considering incentives Time Zone: Eastern Sign up for FREE to learn more about this candidate FTE Senior Tax Manager / Director | Candidate ID #24423345 Certifications: EA Education: BS Accounting Experience (years): 12+ years accounting and tax experience Work experience (detail): All in public (..)

Real Estate

Menzies

MAY 1, 2025

Menzies LLP - A leading chartered accountancy firm. As a starting point, this discussion paper was the first to be released from the FCAs Crypto Roadmap. If you want to know more about what has happened in the UK to date in relation to Crypto regulation, please read our blog on the current position.

chartered accountant

CPA Practice

NOVEMBER 25, 2024

Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. He joined the Governmental Accounting Standards Advisory Council (GASAC) in 2011 as a representative of the Government Finance Officers Association (GFOA) and served as chair from 2015-2021.

Wisconsin

Going Concern

MAY 5, 2025

” We’ve been talking about how AI and offshoring are eliminating the fresh hire gauntlet (see: RIP Associate Work ) and thus creating a training vacuum but that’s a problem for tomorrow’s accounting firms to worry about. A church treasurer across the pond used church donations to keep his accounting firm afloat.

Account

Accounting Today

JULY 2, 2025

The main culprit? Amid a growing push toward digitization, however, businesses are increasingly adopting and leveraging innovative tools like machine learning and generative AI to keep pace with fraudsters. The persistent use of traditional, outdated paper checks.

Technology