Going Concern

SEPTEMBER 29, 2023

Deloitte UK said revenue grew 14% to £5.6bn in the year to May, as buoyant markets in the first six months of its financial year bolstered demand for audit and advisory work. It helped offset the “increased caution” among more cash-strapped clients and a slowdown in merger and acquisition activity in the months that followed.

auditor 103

auditor audit New York CPA 103

Going Concern

JANUARY 29, 2024

This is part of why New York Governor Kathy Hochul’s recent signing of “non-CPA ownership” into law is such a big deal. More on the New York non-CPA ownership bill. In the column he referenced this ancient document (August 1993) entitled “The case for non-CPA owners in CPA firms.”

auditor 52

auditor cpa firm Account accountant 52

CPA Practice

OCTOBER 4, 2023

The Bonadio Group, a top 50 accounting firm based in Pittsford, NY, is merging in a top 400 CPA firm—Dallas-based Howard LLP. We look forward to building on the successes of our firms’ combined 90-plus years of experience and are excited about the benefits our clients and employees will gain from this.”

Texas 52

Texas cpa firm CPA New York 52

Going Concern

MARCH 22, 2024

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.

Minnesota 96

Minnesota cpas audit CPA 96

CPA Practice

JANUARY 8, 2024

Top 30 accounting firm UHY has entered Massachusetts by merging with Wayland-based CPA firm Paresky Flitt & Co. The combination expands Farmington Hills, MI-based UHY’s presence in the Northeast, as the firm has 10 offices throughout New York, Connecticut, and New Hampshire.

Massachusetts 52

Massachusetts New Hampshire Connecticut cpa firm 52

CPA Practice

FEBRUARY 19, 2024

a Top 60 independent Certified Public Accounting (CPA) firm has expanded the leadership team in its Tax Advisory practice through the addition of several new hires. She is a licensed CPA in New Jersey and New York and is a member of the AICPA and NYSSCPA. Based in New York, NY, Chen manages U.S.

New Hampshire 64

New Hampshire audit accounting and finance Non-Profits 64

CPA Practice

FEBRUARY 28, 2023

The American Institute of CPAs (AICPA) and CPA.com announced its 2023 Startup Accelerator cohort at a kick-off meeting held at AICPA headquarters in New York. This year’s participants include five early-stage companies pursuing a variety of solutions in audit, accounting, tax and e-commerce.

E-commerce 52

E-commerce Technology Texas cpa firm 52

Going Concern

FEBRUARY 9, 2024

Birthdays A CPA Firm Celebrates a Century in Business [ The CPA Journal ] In today’s climate of accounting firm mergers, it is worth recognizing when a CPA firm has managed to remain independent and partner-owned for 100 years. a full-service tax, attest and business advisory firm, effective Feb.

Technology 87

Technology Colorado audit cpa firm 87

Going Concern

MAY 26, 2023

Long Read How a Pandemic-Era Program Became a Magnet for Fraud [ New York Times ] Amid the onset of the pandemic in 2020, as large swaths of the economy went into lockdown, Washington set up various programs to help keep businesses and their workers afloat. Have a safe Memorial Day. The reshuffle goes into effect on July 1. ‘No

public accounting 88

public accounting Account accountant accounted 88

CPA Practice

MARCH 15, 2024

Financial terms of the deal haven’t been disclosed, but the Financial Times reported today that Grant Thornton has agreed to sell “a majority stake” to New Mountain Capital, an investment firm headquartered in New York City. accounting firm by revenue, with more than $900 million coming from H&F.

Legal 80

Legal Technology New York accounting firms 80

CPA Practice

NOVEMBER 3, 2023

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. In addition, the top 60 accounting firm said it is shifting to an alternative practice structure “ensuring the firm’s independence and strength.”

cpas 59

cpas New Jersey cpa firm New York 59

CPA Practice

FEBRUARY 1, 2024

a Top 60 independent Certified Public Accounting (CPA) firm has expanded the leadership team in its Tax Advisory practice through the addition of several new hires. She is a licensed CPA in New Jersey and New York and is a member of the AICPA and NYSSCPA. Based in New York, NY, Chen manages U.S.

New Hampshire 52

New Hampshire audit accounting and finance Non-Profits 52

Going Concern

FEBRUARY 3, 2023

BDO’s culture attracts KPMG auditing veteran from New York [ Australian Financial Review ] An inability to easily visit family in New Zealand during the COVID pandemic led to auditing veteran Fiona Narielwalla moving to Sydney after almost a decade in New York. From the press release: CBIZ, Inc.

cpas 110

cpas quickbooks accounting and finance North Carolina 110

Going Concern

NOVEMBER 4, 2022

PricewaterhouseCoopers LLP’s $267 million settlement with retirees seeking higher pension benefits received early approval from a New York federal judge, paving the way for resolution of a 16-year-old class action challenging various aspects of the company’s pension plan. She has been a partner since 2006. to Yum China Holdings Inc.

audit 97

audit Account accountant accounted 97

CPA Practice

NOVEMBER 2, 2023

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. In addition, the top 60 accounting firm said it is shifting to an alternative practice structure “ensuring the firm’s independence and strength.”

cpas 52

cpas New Jersey cpa firm New York 52

CPA Practice

MARCH 6, 2023

The Bonadio Group, a nationally ranked Top 50 CPA firm and the largest independent provider of professional services in Upstate New York, has announced the acquisition of Rochester-based accounting firm, Webber CPA, which will now operate under The Bonadio Group name. and the U.K.

CPA 59

CPA forensic accounting cpa firm accounting and finance 59

Going Concern

MAY 19, 2023

Special Report: KPMG Canada beats Big Four accounting rivals in net new client gains [ Canadian Accountant ] For the second year in a row, KPMG Canada has surpassed its Big Four rivals in net new audit client gains, helping to offset the loss of a controversial company as an audit client.

auditor 101

auditor audit accounting and finance South Carolina 101

Going Concern

OCTOBER 1, 2022

Ernst & Young Wants to Be ‘The Best on Earth at Ethereum’ Says Firm’s Blockchain Lead [ Decrypt ]. KPMG junior in Carillion forgery case should have questioned orders, tribunal says [ Financial News ]. Firm Watch. Seven things you (probably) don’t know about internal auditing [ Accountants Daily ].

Non-Profits 96

Non-Profits audit auditor public accounting 96

CPA Practice

MAY 2, 2024

So you know, with the 150 or so CPA firms that they’re already working with it, you get some things with this team that you might not get otherwise. And that is experienced because of them working exclusively with accounting firms in this team, that they’re trusted, they’re working with small firms to large firms.

Technology 105

Technology Account accountant accounted 105

Going Concern

MAY 15, 2023

Armanino is named in an FTX lawsui t: The latest suit was filed Friday in federal court in San Francisco against Sequoia Capital Operations, LLC, the prominent Menlo Park firm known for early backing of Apple, Inc. The plaintiffs also asserted claims against FTX’s accounting firms, Armanino LLP of San Ramon and Prager Metis CPAS, Inc.

Account 52

Account accountant accounted cpas 52

Going Concern

JUNE 23, 2023

Office Hours: CPA Firms Shift Toward More In-Person Collaboration and More Square Footage [ INSIDE Public Accounting ] Three years after accounting professionals were forced home by COVID and then back to the office, at least part of the time, firms are beginning to settle into a new normal.

cpa firm 102

cpa firm CPA auditor North Carolina 102

Going Concern

JANUARY 22, 2024

Johnson Montessori, a Minneapolis charter school that shut down last week amid financial trouble, lost its auditor last year and has yet to submit audits for 2022 or 2023 to the Minnesota Department of Education (MDE), according to the school’s authorizer, Osprey Wilds. I’ll get to it later. Most of them anyway. The Giant ??

intermediate accounting 59

intermediate accounting Minnesota Account accountant 59

CPA Practice

SEPTEMBER 25, 2023

The following employees in the Boston office were also promoted: Kristen Dionne, CPA, MSA, has been promoted to Senior in the assurance practice; Taylor Fredricks has been promoted to Senior in the business technology advisory practice; and Kyle Walsh , MSA, has been promoted to Senior in the assurance practice.

New Hampshire 105

New Hampshire Massachusetts CPA Real Estate 105

Going Concern

OCTOBER 21, 2022

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. UHY Acquires Michigan Firm. Other Stuff.

audit 76

audit CPA accounting firms accounting and finance 76

Going Concern

JUNE 17, 2022

While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL. Do mid-sized firms not know how to use email? Now, that candidate may test in each of those locations. Sandi Leyva (@SandiLeyva) June 17, 2022.

Account 52

Account accountant accounted chartered accountant 52

KROST

OCTOBER 26, 2020

He is the Managing Principal of KROST and its sister company KBKG with 14 Principals and approximately 150 total team members in (8) eight offices around the country (Pasadena, CA, Woodland Hills, CA, Valencia, CA, West Los Angeles, CA, New York City, Chicago, Dallas, and Atlanta). So Sum Lee, CPA , is a Principal at KROST.

Real Estate 40

Real Estate CPA Delaware public accounting 40

Going Concern

JULY 24, 2023

As a serial small company CFO, I have seen this shortage impact both a company’s day-to-day operations and its annual audit. From The CPA Journal : This year, after a push that has gone on for more than a decade, the New York State Legislature has overwhelmingly approved a bill that would permit non-CPA ownership of CPA firms (A.4189/S.2473A).

Account 52

Account accountant accounted Hawaii 52

Going Concern

JUNE 14, 2022

You Big 4 types (and anyone at a CPA firm for that matter) go through your personal hell on a seasonal (or maybe a constant) basis so there’s probably a direct correlation with your usage and the time of year. It’s no surprise. Well that was…interesting. Oh BTW I think I figured out that shroom burger thing.

accounting firms 102

accounting firms Account accountant accounted 102

Going Concern

MARCH 17, 2023

In the latest episode of the JofA podcast, Desai talks about her career journey, how she found friends during a secondment in New York City, and how she juggles work and life. Shifts in the accounting profession [ The Manila Times ] You know how talent-strapped firms are relying on outsourcing to ease staff shortages?

Government 81

Government Gambling audit CPA 81

Going Concern

JANUARY 26, 2024

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. But federal monitoring is making a comeback under new leadership. AI Is your firm keeping pace? company, in a process riddled with conflicts of interest.

Account 118

Account accountant accounted audit 118

CPA Practice

DECEMBER 29, 2023

I think one of the major shots over the bow that happened here in late 2023, is the impending cancellation of new sales of QuickBooks Desktop. And if I had to, you know, lay out something for you to think about the issue of commoditization in tax, and in Kaz is pretty real, I think it’s going to be harder to commoditize audit.

Technology 59

Technology quickbooks cpa firm CPA 59

CPA Practice

OCTOBER 27, 2023

Just giving you insights with practice management, tax, audit tools, workflow portals, really, I concluded nothing was off topic. I had the good pleasure of being in multiple CPA firms in the very, very recent past. And we wanted to just talk through all of the different areas with you. And I was in a bad spot.

Technology 59

Technology Start-ups audit quickbooks 59

CPA Practice

OCTOBER 25, 2023

Just giving you insights with practice management, tax, audit tools, workflow portals, really, I concluded nothing was off topic. I had the good pleasure of being in multiple CPA firms in the very, very recent past. And we wanted to just talk through all of the different areas with you. And I was in a bad spot.

Technology 59

Technology Start-ups audit quickbooks 59

Going Concern

MARCH 22, 2023

On March 20, New York Attorney General Letitia James filed a motion to compel (aka “gonna need the court to make someone do something thx”) Whitley Penn to hand over documents and communications relating to her civil fraud case against their client Donald Trump, three of his adult children, and the Trump Organization.

New York 113

New York South Carolina Texas CPA 113

Going Concern

JANUARY 27, 2023

Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [ Financial Times ] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month.

auditor 108

auditor accounting firms Account accountant 108

Going Concern

FEBRUARY 23, 2024

Sadly, I had to argue with them over their own language in black and white on how… — Eric Pierre, CPA (@yourfavecpa) February 22, 2024 Deloitte’s Adam Powick wrestles with the complaints of former staff and directors about the pressure to perform in a gruelling corporate culture. Audit ‘Audits matter.’

CPA 100

CPA Illinois auditor Iowa 100

Going Concern

APRIL 8, 2022

CPA firms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPA firms who are ethnically diverse. in 2018 to 34.7%

Iowa 52

Iowa auditor cpa firm CPA 52