Going Concern

APRIL 19, 2024

CPAs Have a Branding Problem for the Younger Generation [ CPA Journal ] By Jason L. Ackerman, CPA, CFP, CGMA Probably the hottest topic in the profession over the past few years has been the pipeline problem: Firms can’t find qualified individuals to handle the increasingly complex world that CPAs deal with on an ongoing basis.

cpas 96

cpas accounting firms Account accountant 96

CPA Practice

DECEMBER 2, 2023

an award-winning provider of cloud-based audit solutions, has added three new modules to its flagship product, Advantage Audit AI. Advantage Audit AI leverages a patented artificial intelligence engine to optimize and automate the auditing process. Founded by CPAs in 2011, AuditFile, Inc. AuditFile, Inc.,

audit 69

audit Technology auditor cpas 69

CPA Practice

MAY 24, 2024

. – Or use the below 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. 01:32 Yeah, sure.

CPA 76

CPA Technology Account accountant 76

CPA Practice

FEBRUARY 27, 2024

By Crystal Blythe, IDology Once upon a time, tax preparation was a document-heavy practice, requiring people to send their sensitive documents to their CPAs. It also introduces unique challenges that CPAs and tax professionals can’t ignore. It also introduces unique challenges that CPAs and tax professionals can’t ignore.

cpas 69

cpas Tax tax preparation Technology 69

Going Concern

JANUARY 12, 2024

million in audit fees in 2022.) How did Deloitte, the auditing heavyweight watching over Tingo’s books, miss a scam that Hindenburg, an outsider, called out as painfully obvious? Audit Do former regulators improve the quality of audits? Audit Do former regulators improve the quality of audits? Tingo paid $1.6

audit 103

audit auditor Illinois CPA 103

Going Concern

APRIL 26, 2024

The Big Four firm has employed its first cohort of prison leavers in a range of different roles, including technology development. The firm said on Thursday that Amitrano would become the firm’s next UK senior partner after triumphing in a partner vote against audit boss Hemione Hudson and tax leader Laura Hinton.

cpas 94

cpas auditor West Virginia accounting and finance 94

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. All the work is done on your network.

Technology 106

Technology Account accountant accounted 106

CPA Practice

APRIL 7, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. With an onslaught of economic disruptions and complexities on their plate, a CPA shortage proves especially burdensome for middle market companies. Technology also gives staff real-time access to their data, from anywhere at any time. By Cameron White.

accounting firms 139

accounting firms CPA Technology Account 139

CPA Practice

APRIL 3, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. With an onslaught of economic disruptions and complexities on their plate, a CPA shortage proves especially burdensome for middle market companies. Technology also gives staff real-time access to their data, from anywhere at any time. By Cameron White.

accounting firms 135

accounting firms CPA Technology Account 135

Going Concern

MARCH 8, 2024

Audit SEC Settlement Against Auditing Firm Serves as Reminder of Important Independence Rules [ JD Supra ] On February 29, the Securities and Exchange Commission (the SEC) announced that it settled an administrative proceeding against Lordstown Motors Corps’ former auditor, Clark Schaefer Hackett and Co.

audit 82

audit auditor New York Legal 82

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

ThomsonReuters

JUNE 8, 2023

In today’s competitive audit landscape, organizations must stay ahead of the curve to ensure they have the best audit staff in their workforce. This blog post will provide an overview of these three strategies that are essential for successfully recruiting and keeping top talent in the audit industry.

audit 52

audit cpas Technology Tax 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

JULY 11, 2023

They are also experiencing an internal struggle to cope with the decreasing talent pool and growing need to use technology to stay efficient. Adjusting to a shrinking accounting talent pool Accounting and audit firms, including the SEC, find talent pipelines shrinking on both sides. According to Revelio Labs Inc.,

Technology 73

Technology Account accountant accounted 73

CPA Practice

MARCH 12, 2024

The American Institute of CPAs and CPA.com announced the participants of its 2024 Startup Accelerator program, which will kick-off this week at a meeting at their headquarters in New York. The Startup Accelerator supports the growth of early-stage technology companies benefiting the accounting and finance ecosystem.

cpas 52

cpas Technology accounting and finance audit 52

Going Concern

DECEMBER 8, 2023

companies while hindering recruitment and retention, according to 78% of audit partners surveyed by the Center for Audit Quality. The CAQ surveyed 748 audit partners at eight of the largest accounting firms about conditions for their clients. Tech Stack: RIA Checkpoint, GoSystems, InSource, etc. Cohen & Co.,

cpas 108

cpas Account accountant accounted 108

CPA Practice

OCTOBER 12, 2023

Transcript (Note: There may be typos due to automated transcription errors. I’m Randy Johnston with brand grizzly as co host for the technology lab, we are pleased to have you back with us again. And in August, they announced a product called teammate document linker for external audit. 10 seconds to the time stamps below.)

Technology 111

Technology quickbooks accounting and finance Legal 111

Going Concern

SEPTEMBER 22, 2023

People Ken Miller set to retire after more than three decades of service [ Virginia Tech ] After more than 35 years of dedicated service to Virginia Tech, Ken Miller has announced his retirement. Both Mendlowitz and his father, also a CPA, attended the CUNY school.

audit 94

audit accounting and finance Virginia auditor 94

CPA Practice

APRIL 15, 2024

Sangeeta Chhabra CPAs and finance professionals today understand the importance of transparency and collaboration; however, lack of uniformity acts as an obstacle to seamless coherence in data management processes. Advancements in NLP technology will likely lead to even more sophisticated applications in accountancy.

CPA 123

CPA Technology accounting and finance cpas 123

CPA Practice

APRIL 29, 2024

The panel of industry tax experts discussed technology, and modernizing tax and advisory firms to address their challenges and inefficiencies they face throughout the year. Among the technological solutions Piccurrio implemented to keep his work life in check was ProConnect Tax.

Tax 125

Tax tax return Technology bookkeeping 125

ThomsonReuters

JANUARY 12, 2023

Amidst a complex audit environment, today’s accountants have many opportunities to take advantage of technology and specialize in up-and-coming focus areas. One of these specialties is ESG audits. . What is an ESG audit? Like any audit, ESG audits can be internal or external. Who performs an ESG audit?

audit 52

audit auditor Technology Government 52

ThomsonReuters

MAY 15, 2023

As AI technology becomes increasingly sophisticated, it presents CPAs with a range of opportunities to enhance their advisory services through automated processes, real-time insights, and personalized advice. This technology offers a range of advantages that CPAs can leverage to provide better services to their clients.

Tax 98

Tax cpas Account accountant 98

Going Concern

MAY 3, 2024

Burrowes’ first major media outing coincided with the firm announcing a new strategic plan to recast the firm’s focus on audit, tax and deals, risk and transformation, and cloud and digital. Do your top challenges align with those of your peers? It has passed an order against another firm and its partner for similar reasons.

institute of chartered accountants 100

institute of chartered accountants Technology cpas chartered accountant 100

CPA Practice

AUGUST 2, 2023

The American Institute of CPAs (AICPA) and CPA.com are seeking applicants for the 2024 Startup Accelerator program, which promotes the growth of early-stage companies to help advance the accounting and finance ecosystem. Being part of the 2023 Accelerator program has been a game-changer for Audit Sight,” said T.C. 9 at 2 p.m.

Account 98

Account accountant accounted cpas 98

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 104

Technology Account accountant accounted 104

CPA Practice

JUNE 21, 2023

SUMMARY KEYWORDS people, audit, ai, trends, talking, folks, practice, year, prep, vendor, products, tax, brian, firms, aicpa, understand, thompson, accounting, companies, engaged SPEAKERS Randy Johnston, Brian F. Welcome to Technology Lab. But he started off his time attending the CPA practice advisor is 40, under 40.

Technology 59

Technology audit CPA Tax 59

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. 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.

audit 108

audit cpas auditor Mississippi 108

CPA Practice

JANUARY 25, 2024

HubSync , a CPA firm technology platform, has launched an innovative new Research and Development (R&D) Tax Credit product to streamline the complex process of collecting, organizing, and submitting R&D tax credit data supporting taxpayer claims sent to the IRS for processing.

cpas 52

cpas Tax cpa firm CPA 52

ThomsonReuters

JUNE 16, 2023

Will it replace CPAs? This is one of the key reasons why AI plays an important role in audit. In audit, AI enables auditors to analyze large data sets and swiftly identify anomalies and patterns. There’s also a rise in e-invoice automation , in which key invoice data is extracted to help automate the processing of invoices.

Account 110

Account accountant accounted Technology 110

Going Concern

MARCH 31, 2023

EY executives, have emerged as key opponents to the firm’s plan for a worldwide split of its auditing and consulting arms, according to people familiar with the matter. audit, tax and advisory firm, as title sponsor in an effort to advance equity, access and opportunity for underrepresented and underrated youth in the sport of golf.

auditor 104

auditor audit Virginia Technology 104

CPA Practice

FEBRUARY 22, 2024

Docyt , a provider of AI-driven accounting automation technology, has launched Docyt University as a free resource for accountants and other financial personnel to train and become certified on the latest advanced AI accounting tools. Bureau of Labor Statistics.

Account 59

Account accountant accounted cpas 59

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. Q&A With Tetsuya Mogi , the new head of Japan Institute of CPAs.

cpas 57

cpas Account accountant accounted 57

Ryan Lazanis

APRIL 18, 2023

AI in accounting refers to the use of artificial intelligence (AI) technologies, such as machine learning algorithms and natural language processing, to automate and enhance various accounting processes. This includes tasks such as financial reporting, audit and compliance, fraud detection, and data analysis.

Account 96

Account accountant accounted Technology 96

ThomsonReuters

JUNE 28, 2023

This includes ESG audit support that verifies the effectiveness of controls, as well as activities that identify gaps, assess risks, and develop a recommended plan of action. By helping your clients identify concrete targets that can be measured, you can ensure that their ESG data is practical, auditable, and meaningful.

Tax 98

Tax auditor audit Technology 98

Going Concern

JANUARY 5, 2024

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services. Happy trails, Tom!

tax return 108

tax return Virginia accounting and finance audit 108

Going Concern

FEBRUARY 12, 2024

In fall 2023, the National Pipeline Advisory Group (NPAG) launched focus group polling conducted by state CPA societies and the AICPA to explore barriers and solutions to grow the profession’s talent pipeline. And how did another American firm earn more than six million dollars in net new audit fees? Now that mystery has been solved.

auditor 70

auditor Account accountant accounted 70

Going Concern

JULY 28, 2023

The combination of too few professionals and high demand is pushing firm leaders to merge up, outsource tax work and hire non-CPAs, among other strategies. “We got this outcome because: we identified US tech two years ago as representing a significant (at least for controversy!) since 2007.

Gambling 91

Gambling audit Technology accounting firms 91