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Virginia Accountant Admits to Stealing Over $1 Million From Client

CPA Practice

By Stacy Parker, The Virginian-Pilot (TNS) A Virginia Beach, VA, accountant pleaded guilty April 12 to stealing more than $1 million from a client and using an additional $250,000 in COVID-19 small business relief money for personal bills. Maria Reich, 45, former president of On Call Accountants, pleaded guilty in U.S.

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Managing strained accounting firm capabilities

ThomsonReuters

Rising client expectations , an ever-changing regulatory environment , and the ongoing war on talent have left many of today’s firms grappling with strained bandwidth. In fact, a 2022 survey by the Virginia Society of CPAs (VSCPA) found that the greatest challenges facing firms are being overworked and understaffed.

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West Virginia’s Largest Locally Owned CPA Firm Celebrates 50 Years

CPA Practice

Suttle & Stalnaker, PLLC, a full-service certified public accounting and consulting firm with offices in West Virginia, will celebrate 50 years of serving clients in and around the Mountain State in 2023. The golden anniversary of our firm is a time for celebration and reflection,” said Patricia D.

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Why Businesses with High Capex Should Delay Filing Their Tax Returns This Year

CPA Practice

Micah Fraim, an accountant with the small-business focused accounting firm Fraim, Cawley & Company in Roanoke, Virginia, says these code changes will have the most substantial impact on businesses with very large capital expenditures, such as manufacturers, energy producers, and transportation companies.

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Friday Footnotes: EY Partners Are Split on the Split; PCAOB Further Annoys Auditors; Recruiting Events Are Back! | 3.31.23

Going Concern

Big 4 EY Fails to Reach Deal on Split [ Wall Street Journal ] The unexpected revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their part of the firm could end up weakened by a deal. People did not enjoy that.

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Prager Metis Merges in Goldsmith Molis & Gray

CPA Practice

Top 60 accounting firm Prager Metis has expanded its presence in North Carolina by combining with Asheville-based Goldsmith Molis & Gray, a full-service tax, accounting, payroll, and consulting firm. The firm also has U.S. Financial terms of the deal, which became official on Jan. 1, weren’t disclosed.

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AICPA News – Nov. 2023

CPA Practice

Jefferson, Virginia Commonwealth University DMyrian Frederick, Virginia Tech Isaac L. Danpollo, Cornell University Christiana Antwi-Obimpeh, University of Texas at San Antonio David Stroud, Texas A&M University Devon P.

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