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How CPA firms can turn past challenges into future opportunites

ThomsonReuters

As CPA firms navigate the ever-evolving digital economy, they are faced with various challenges that threaten their profitability and longevity. From leveraging automation and artificial intelligence to recruiting and retaining top talent, CPA firms must find innovative solutions in order to stay competitive.

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Los Angeles Based CPA Firm Announced New Principal, Stacey R. Korman, CPA, MST

KROST

. – KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal, Stacey R. Korman, CPA, MST. Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments. Stacey Korman, CPA, MST, Principal.

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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

’s top accountant is confronting a competitive job market by rethinking the company’s traditional reliance on large CPA firms as a training ground for new hires, taking her recruiting pitch on-campus instead. On June 4, Cherry Bekaert is holding a Employee Retention Credit updates webinar. Just want to add this screenshot.

Oregon 74
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Friday Footnotes: How Much Big 4 Spent on Lobbying Last Year; Super Bowl Bets; CFOs Feeling Good | 2.9.24

Going Concern

However, the professional services firm refused, after claiming the report contained privileged and confidential information. To help protect tax professionals against this emerging scam, the IRS is hosting a special series of educational webinars aimed at the tax community. The sessions will begin Feb. 12 and run each day next week.

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

You've worked diligently and have built a glowing reputation grounded in your excellent skills in tax, accounting, and auditing. You have a very successful firm -- but that’s not enough. You're known as the “go-to” person when a client is faced with tax and financial decisions. For others, it will be a significant challenge.

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Your Firm and Your AI Strategy

CPA Practice

Similarly, the same is true for Advisory, Audit, Wealth Management, Litigation Support, or any other areas where you routinely provide services. Here are some of them: Tax Preparation and Filing : This is often the most time-consuming task in an accounting firm, especially during the tax season.

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NSAC Offers Employee Retention Credit (ERC) Webinar Aug 23

Nancy McClelland, LLC

My colleagues at the National Society of Accountants for Cooperatives are offering a 75-minute webinar on Tuesday, August 23 to discuss the requirements and pitfalls in claiming Employee Retention Credits (ERC). You can expect their enforcement division to ramp up audits in the next few years.