CPA Practice

MAY 2, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, look at Datamatics , a digital technologies, operations, and experiences company that enables hundreds of global enterprises to go “Deep in Digital” to enhance their productivity and customer experience to create a sustainable competitive advantage.

Technology 105

Technology Account accountant accounted 105

CPA Practice

JANUARY 17, 2024

By Ane Ohm, LeaseCrunch As we step into 2024, it’s crystal clear: leveraging technology and software is an absolute must for any organization eyeing substantial growth. An insightful takeaway from 2023 is that for CPA firms and entities handling the intricate world of ongoing lease accounting this becomes even more critical.

Technology 59

Technology Account accountant accounted 59

ThomsonReuters

FEBRUARY 5, 2024

A culture of innovation encourages creativity, embraces new ideas, and leverages technology to solve complex problems. Unleashing the power of tax automation One of the most promising solutions today is the growing opportunities for tax automation. The benefits of embracing tax automation include: Enhanced efficiency.

Technology 40

Technology Tax cpa firm audit 40

CPA Practice

JUNE 7, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review Black Ore Tax Autopilot, an AI tax prep system for CPAs, which features complete 1040 tax preparation automation. Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) So you’ve turned to outsourcing.

Technology 64

Technology Tax Account accountant 64

ThomsonReuters

MAY 22, 2024

In today’s dynamic and competitive business environment, owners and partners of accounting and audit firms should, at least, be considering cloud-based technology as part of their broader strategies. This is important for firms looking to maintain their competitive edge and drive greater profitability across the practice.

accounting firms 52

accounting firms Technology Account accountant 52

CPA Practice

MARCH 1, 2024

Or use this podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor with your hosts, Randy Johnston, and Brian Tankersley. SPEAKERS Brian F.

Technology 111

Technology Tax Account accountant 111

CPA Practice

JUNE 5, 2023

These firms are indispensable partners to management teams of some of the most important organizations across the globe.” The ranking is based on nomination submissions from professionals in and around the consulting, professional services, and tech services industries, The Consulting Report said.

cpa firm 52

cpa firm CPA Technology Agriculture 52

Ryan Lazanis

MARCH 14, 2023

If you’re curious how much your firm is worth and how to increase your firm’s valuation, you’ll want to read this article on how to value a CPA firm. I’ll also draw on my personal experience from selling my online accounting firm just a few years ago. Let’s go!

cpa firm 52

cpa firm CPA accounting and finance accounting firms 52

CPA Practice

DECEMBER 1, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss TeamMate Document Linker for External Audit, a solution from Wolters Kluwer designed for CPAs, saving junior auditors time, strengthening audit quality, and improving auditor satisfaction. Welcome to Technology Lab. SPEAKERS Randy Johnston, Brian F.

Technology 98

Technology auditor audit CPA 98

ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . With advanced technology shifting the way accountants work, many are looking to expand into specialized services that can give them a leg up on the competition. Let’s start from the beginning. .

audit 59

audit auditor Account accountant 59

Going Concern

FEBRUARY 27, 2023

“IRS tech is so ‘archaic’ the agency struggles to find people to work it” from The Washington Post : The Internal Revenue Service, which funds nearly everything the federal government does, uses information technology that is creaking with old age. Yet that is what the IRS deals with every day.” Go forth and account.

Technology 101

Technology Account accountant accounted 101

Going Concern

FEBRUARY 9, 2024

Three of the firms also joined industry efforts to designate accounting as a science, technology, engineering, and math—or STEM—field, according to federal lobbying disclosures. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown.

Technology 84

Technology Colorado audit cpa firm 84

ThomsonReuters

JULY 13, 2023

To succeed in an increasingly competitive landscape, forward-thinking accounting firms of all sizes are harnessing the power of AI to automate their tax workflows, thus boosting efficiency, empowering staff, and wowing clients. By driving efficiency through automation, accountants can optimize the 1040 process.

Tax 97

Tax Technology accounting firms income tax 97

CPA Practice

JUNE 8, 2023

Due to the increasing demand for bookkeeping, taxes, compliance, consulting, and audits, especially with more people and businesses in the United States, tax season becomes increasingly difficult for short-staffed firms across the U.S. One of the most significant benefits of financial automation for CPAs is saving time.

Technology 98

Technology Tax cpas cpa firm 98

CPA Practice

MAY 24, 2024

The CPA firm leaders I speak to daily face similar challenges: struggling to attract talent, trying to serve too many clients for too low fees and being unable to keep talented supervisors and managers on the partner track. All these challenges relate to a firm’s business model. By Jon Hubbard.

Non-Profits 59

Non-Profits cpa firm Technology CPA 59

CPA Practice

MARCH 15, 2023

They often focus their efforts to maximize the eventual sales value of the acquired business via a combination of targeted acquisitions of other firms, capital investments, expansion into profitable niches, waste reduction, tech adaptation, streamlining and other measures. Do they flip to venture capital, or to another CPA firm?

accounting firms 132

accounting firms Account accountant accounted 132

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

CPA Practice

JULY 27, 2023

A Top Technology Initiative Article – August 2023, With so much coverage of Artificial Intelligence (AI), ChatGPT, and many trying to be “the expert,” I thought it was past time to turn to help you with your AI strategy. I frequently claim that I’m a straightforward person when it comes to using technology.

Technology 98

Technology audit Education accounting and finance 98

CPA Practice

MARCH 21, 2023

LeaseCrunch LLC , a maker of lease accounting technologies, has nearly doubled its team as the company achieves record growth. LeaseCrunch now supports over 500 CPA firms (including 43% of the top 400 CPA firms as ranked by Inside Public Accounting ) and 15,000 companies across the nation on its lease accounting software.

cpa firm 52

cpa firm Technology CPA accounting standards 52

TaxConnex

OCTOBER 4, 2022

You also have to manage and respond to all of the notices from jurisdictions (and there will be a lot), manage sales tax audits, respond to nexus questionnaires by the jurisdictions, and maintain an accurate tax calendar to include changes in filing frequencies as well as filing and payment methodologies. Outsourcing. Combination.

Sales 130

Sales Tax tax return Colorado 130

Going Concern

MAY 5, 2023

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Accountingfly is connecting audit professionals at all experience levels with forward-thinking firms for strictly REMOTE audit roles. Pajamas forever!

audit 104

audit cpas auditor Mississippi 104

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. He has been active in all facets of the firm’s acquisition initiatives and is instrumental in executing the strategic vision of the Board of Directors.

New Hampshire 64

New Hampshire audit accounting and finance Non-Profits 64

CPA Practice

JUNE 6, 2023

While private equity firms getting into bed with accounting firms has been all the rage lately , the Creative Planning/BerganKDV deal is believed to be the first involving a wealth management firm purchasing a large CPA firm. Yesterday’s] deal is a first of its kind in the accounting profession!

South Dakota 52

South Dakota cpa firm Nebraska Iowa 52

CPA Practice

JUNE 6, 2023

While private equity firms getting into bed with accounting firms has been all the rage lately , the Creative Planning/BerganKDV deal is believed to be the first involving a wealth management firm purchasing a large CPA firm. Yesterday’s] deal is a first of its kind in the accounting profession!

South Dakota 52

South Dakota Minnesota cpa firm Nebraska 52

Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. The administration did not present a budget for Internal Audit during the hearings.

audit 102

audit Colorado CPA Texas 102

Going Concern

OCTOBER 20, 2023

CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users. It also marks the firm’s fifth office location in the South. Welsh said. This move, effective Nov.

CPA 101

CPA quickbooks Real Estate auditor 101

Going Concern

MAY 11, 2023

In recent years, there’s been a push for CPA firms to serve as one-stop shops for more than just tax expertise and audits. The firm announced yesterday that it launched a Strategic Marketing Outsourcing service as part of the firm’s portfolio of business outsourcing offerings. And why not?

cpa firm 94

cpa firm Technology audit CPA 94

CPA Practice

MARCH 15, 2024

Following the closing of the transaction, which is expected in the second calendar quarter of 2024, Grant Thornton will operate in an alternative practice structure: Grant Thornton LLP, a licensed CPA firm, will provide attest services, and Grant Thornton Advisors LLC will provide business advisory and non-attest services, the firm said.

Legal 80

Legal New York Technology accounting firms 80

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. He has been active in all facets of the firm’s acquisition initiatives and is instrumental in executing the strategic vision of the Board of Directors.

New Hampshire 52

New Hampshire audit accounting and finance Non-Profits 52

ThomsonReuters

JUNE 15, 2022

While you can create a modern firm with automated processes and expansive service offerings, your clients won’t keep coming back if your team isn’t up to speed with the most recent tax law changes. Top CPA firms have long understood the need to elevate their staff from being tax preparers to tax advisors.

Tax 98

Tax Technology audit tax preparation 98

CPA Practice

AUGUST 17, 2023

It was important for us to find a firm that shared that view,” Taylor said. Bryant added, “Finding a firm who would provide us with additional resources, investment and technology was important, but even with each of those boxes checked, a culture match was the ultimate deciding factor.

Real Estate 52

Real Estate accounting firms tax consultant Technology 52

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. Let’s get right into it.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

FEBRUARY 3, 2023

I love Grant Thornton and still refer to Grant Thornton as ‘we’,” he says, now sitting in the chief executive’s office of Irish tech company Ergo, where he has been for the past 17 months. Ironically, Ergo’s auditor is Mazars, a big rival of Grant Thornton among the second tier of Irish accounting firms. It was a big deal for us all.

cpas 107

cpas quickbooks accounting and finance North Carolina 107

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.

audit 73

audit CPA accounting firms accounting and finance 73

CPA Practice

JULY 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss models for technology governance. Tankersley, CPA.CITP, CGMA, Randy Johnston Randy Johnston 00:00 Good day Welcome to Technology Lab. Today we’d like to talk about technology governance. And I think this is a interesting model for technology governance.

Technology 98

Technology Government audit quickbooks 98

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.

intermediate accounting 57

intermediate accounting Minnesota Account accountant 57

Going Concern

OCTOBER 24, 2022

From last Friday’s Footnotes ICYMI : Deloitte is delaying offers in India, KPMG flunks audit inspections at twice the rate of other firms, PwC is hiring more minorities, and EY is putting out press releases about all the hiring it is doing in the UK. It’s the fact that CPA firms haven’t changed their models.

cpas 57

cpas Account accountant accounted 57