article thumbnail

Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

The hiring will be for higher-graded revenue agents, which are specialized technical positions that generally focus on audits. This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations.

audit 62
article thumbnail

PKF O’Connor Davies Picks Up a Boutique Firm in New Jersey

CPA Practice

Established in 2011, SuárezBaldomero is a tax, accounting, and advisory firm with deep expertise in federal, state, and local tax compliance, as well as audit representation and business consulting, for both domestic and international clients.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Plenty of Other Firms Were Winners in Vault’s 2024 Accounting Rankings

CPA Practice

CohnReznick Moss Adams BPM Audit and assurance PwC Deloitte EY KPMG Grant Thornton Forensic accounting PwC Deloitte EY KPMG Grant Thornton Tax accounting PwC Deloitte EY KPMG Grant Thornton Plante Moran Moss Adams CohnReznick Racial and ethnic diversity PKF O’Connor Davies Schellman & Co.

article thumbnail

Guide to accountant responsibilities

ThomsonReuters

Types of accountants and niche practice areas There are, of course, various types of accountant jobs and areas of specialty. Responsibilities around AI in accounting Further illustrating this point are the advancements in innovative technology, such as AI, and its impact on the profession. However, this is no longer the case.

Account 59
article thumbnail

Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. AI Is your firm keeping pace?

Account 117