CPA Practice

JULY 7, 2025

Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. The survey polls chief executive officers, chief financial officers, controllers, and other CPAs in U.S. companies who hold executive and senior management accounting roles.

cpas

Going Concern

OCTOBER 21, 2024

In a matter of weeks, we should be hearing that the Pentagon has failed yet another audit. Defense One argues this is a good thing : Far from a mere compliance exercise, the cultural and technological changes required to pass an audit are the same ones necessary to keep U.S. forces dominant.

accounted

CPA Practice

NOVEMBER 22, 2024

CohnReznick’s McCafferty selected to MACPA’s 2024 Women to Watch CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that Molly McCafferty, Partner, Assurance, has been selected as one of four 2024 Women to Watch by the Maryland Association of CPA’s (MACPA) Foundation.

Real Estate

Going Concern

OCTOBER 18, 2024

SEC’s Dropped Auditing Charges Shows Damage of Jarkesy Decision [ Bloomberg Law ] The Securities and Exchange Commission’s recent decision to drop misconduct charges against a handful of auditors proves the SEC v. Sign up for Always-On Recruiting to get more great candidates like these in your inbox every week.

audit

Going Concern

FEBRUARY 6, 2025

Two years ago, two years after the first major private equity investment in a top 20 firm kicked off a flood of similar investments in some of the largest non-Big 4 firms in the country, the AICPA formed a task force to “look into issues raised by private equity investors in accounting.”

audit

Withum

OCTOBER 21, 2024

The New Jersey Society of Certified Public Accountants (NJCPA) hosts their annual Ovation Awards to honor industry players with outstanding achievements in their fields. He is also currently a presenter of the NJCPA’s NJ Law & Ethics seminar, a required course for all New Jersey CPAs.

New Jersey

CPA Practice

JULY 7, 2025

Grant Thornton Appoints Rick Surrett as CFO, Succeeding Longtime Leader Muhammad Bhayat Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, recently named Rick Surett as its new chief financial officer (CFO).

North Carolina

Accounting Today

JUNE 9, 2025

EDT 7 Min Read Facebook Twitter LinkedIn Email I am optimistic about the "trusted advisor" destination that the accounting profession has marked as its territory, but skeptical of the partnership model as a means of transportation to that promised land. credentialed CPAs in America) and demand (i.e.,

accounted

Going Concern

NOVEMBER 4, 2024

HR Dive discusses the recent CPE situation at EY : A recent scandal involving online training at Ernst & Young has pulled back the curtain on the time and ethical pressures accountants and finance teams are under to balance the demands of client work with ongoing professional training requirements. Should that be allowed?

accounted

CPA Practice

JULY 16, 2025

The accounting firm said the investment supports its strategic growth into additional markets, improves the firm’s technology infrastructure, and provides additional resources. Armanino’s last M&A deal was in May when it acquired Cooper Savas , a full-service public accounting firm based in Salt Lake City.

Technology

Withum

MARCH 18, 2025

Withum is proud to announce that Anni Chen , Audit Manager and CPA, has been nominated for CalCPAs Experienced Leader Award. The CalCPA Women to Watch Awards celebrates the accomplishments of women CPAs who are making a difference in their industry and communities. Withum congratulates Anni Chen on this remarkable achievement.

CPA

Going Concern

MAY 29, 2025

In every business area in which CPAs work, including consulting and advisory, maintaining your CPA license signals an elite level of accountability, competency, integrity, and objectivity. The CPA grants the profession the ability to provide audit and attest services.

CPA

CPA Practice

JUNE 18, 2025

Rohini has a Masters of Finance from the London School of Economics, and a Chartered Accountant certification from the Institute of Chartered Accountants of India. Randall is the national practice leader for the firm’s International Tax Service line and has more than 25 years of experience in public accounting.

Technology

CPA Practice

JUNE 20, 2025

Ramirez The Detroit News (TNS) A certified public accountant from Detroit convicted of stealing $14.5 Investigators said Parker, a licensed certified public accountant, recruited hundreds of small businesses in Pittsburgh and Detroit for the alleged scheme. million in COVID-19 relief loans in Pennsylvania. By Charles E.

Pennsylvania

CPA Practice

JUNE 19, 2025

She is a certified public accountant with more than 23 years of experience in the industry. Burgess received her Bachelor of Science in accounting and finance from Florida State University and her Master of Science in accounting and taxation from Florida Gulf Coast University.

Real Estate

Going Concern

NOVEMBER 22, 2024

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S.

auditor

Going Concern

JUNE 13, 2025

The response, sometimes heated, confirmed that this is an issue that employers and individual CPAs are wrestling with. Talent Accounting firms becoming more reliant on overseas talent, survey finds [ Accounting Times ] Barf at pinning this on the so-called accountant shortage. “I UK accounting watchdog fines KPMG $1.7

CPA

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

APRIL 4, 2025

PwC China plans to spin off cyber security arm [ Financial Times ] PwC China plans to spin off its Dark Lab cyber security arm in a private buyout deal, as the Big Four firm seeks to improve liquidity and navigate the financial fallout from its audit of failed Chinese property developer Evergrande.

Tax

Going Concern

APRIL 11, 2025

Salaries for accountants are starting to increase after lagging for years, experts said. Asset Management and PE Practices [ INSIDE Public Accounting ] KPMG LLPof New York has announced three new leaders for its U.S. Asset Management business: Yesenia Scheker-Izquierdo appointed U.S.

audit

Going Concern

JANUARY 21, 2025

KPMG UK is under investigation : The accounting firm KPMG is under investigation by the sectors UK regulator over its audit of the 2022 accounts of the gambling company Entain. After graduating from BYU five years ago, she worked as a CPA then gave birth to Tommy. For funsies.

accounted

Going Concern

FEBRUARY 14, 2025

Audit Businesses will pay the price for poor auditing practices, says think-tank director [ Raconteur ] Adam Leaver is an accounting professor at The University of Sheffield and director of the Audit Reform Lab think-tank. Shoddy audit practices can wreak havoc on the economy, he says. It’s free!

Arizona

Going Concern

APRIL 25, 2025

He runs an accounting firm called Harmony Group, and many of his clients are restaurant owners, who are especially vulnerable to tariffs on imported goods. Hetrick said many of them are trying to cut back on accounting services. Cowan professor of accounting at Northeastern. and Harry A.

auditor

Going Concern

JULY 4, 2025

With fewer individuals entering the accounting profession and a significant portion of CPAs nearing retirement age, our state was in urgent need of reform. UHY Enters Ohio Market [ INSIDE Public Accounting ] Farmington Hills, Mich.-based million, according to Accounting Today. million in revenue.

Ohio

Going Concern

MARCH 7, 2025

. — Squawk Box (@SquawkCNBC) March 7, 2025 Audit Chair Williams To Host Chicago Forum for Auditors of Small Businesses and Auditors of Broker-Dealers [ PCAOB ] The Public Company Accounting Oversight Board (PCAOB) that PCAOB Chair Erica Y. million) announced the acquisition of Chicago-based firm Tassi and Company.

Government

Going Concern

JUNE 9, 2022

Those employers with a history of mismanaging their human capital , like the largest audit firms, are being hit the hardest. The public accounting business model has relied excessively on its ability to counter the effects of massive turnover with its ability to hire and train massive numbers of new people every year directly out of college.

audit

BuildYourFirm

MARCH 31, 2020

Also, what does the future look like for Waschler CPA? Guest Bio: Irene Waschler CPA, Certified Tax Coach. Irene Wachsler is a Certified Public Accountant specializing in accounting and tax solutions for small businesses, self-employed individuals, nonprofits, and the film and entertainment industry.

cpas

MyIRSRelief

JULY 3, 2023

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

audit

MyIRSRelief

MAY 22, 2023

Chicago, Illinois is home to numerous businesses and individuals who may face tax-related challenges such as tax audits, back taxes, and payroll tax problems. The process of resolving tax issues can be overwhelming and stressful for taxpayers, and seeking professional (EA, CPA, Lawyer) tax help can be a wise decision.

payroll tax

CPA Practice

MAY 14, 2024

As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent.

cpas

CPA Practice

MAY 25, 2023

BDO USA, LLP Molly Griffiths, RSM US LLP Rose Jardim, CPA, Jardim & Marotta LLC Adnani Johari, CPA, CGMA, MBA, Brighthouse Financial, Inc. Josh LaPan, CPA, S&G, LLP Arthur Marshall, CPA, MBA, EY Amy Phelan, CPA, MST, tonneson + co Linda Smith, CPA, Smith, Sullivan & Brown, P.C.

Massachusetts

Going Concern

MAY 26, 2023

EY US reshuffles leadership following failure of spin-off plan [ Financial Times ] EY’s US chair Julie Boland has reshuffled the firm’s leadership, elevating loyalists after winning a power struggle with the Big Four accounting firm’s global bosses that scuppered a plan to spin off its consulting arm. million over a decade.

public accounting

Going Concern

MARCH 17, 2023

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs. We welcome your feedback and questions.

cpas

Going Concern

APRIL 21, 2022

. “In my view, the future of the CPA profession is at risk,” writes Yigal Rechtman, CPA, CFE, CITP, CISM in a letter to the editor published by The CPA Journal. There is another way of putting this: Accounting is a profession whose brand has not been diluted. Business methods have become increasingly complex.

cpas

CPA Practice

AUGUST 15, 2023

The Public Company Accounting Oversight Board (PCAOB) has not been in a jovial mood lately. Shortly after criticizing audit firms for the number of errors they made on public company audits reviewed by PCAOB inspectors last year, the audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug.

audit

CPA Practice

OCTOBER 18, 2024

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Florida Institute of Certified Public Accountants (FICPA) recently announcedJim Gurowka, CAE, as its new Chief Growth Officer (CGO), effective Sept. She holds a B.S.

CPA

MyIRSRelief

FEBRUARY 1, 2023

Tax anxiety, TAXIETY, comes in different forms of tax problems such as: What is an IRS audit taxiety? An IRS audit is a review or examination of an individual’s or organization’s tax return to ensure that the information is accurate and that the tax return is being filed in compliance with the tax laws.

Tax