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Maryland Accounting Firm SKMB Joins Marcum

CPA Practice

The Maryland-based accounting firm Simon, Krowitz, Meadows & Bortnick, P.A. The transaction expands Marcum’s service offerings, adding depth to its financial reporting, audits , tax consulting and preparation , bookkeeping , and business valuation and litigation services. SKMB”) has joined Marcum LLP, effective May 1, 2024.

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

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.

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RS&F Acquires Mister, Burton & Associates in Maryland

CPA Practice

A deal between two Maryland CPA firms commenced a couple weeks ago, as top 300 accounting firm Rosen, Sapperstein and Friedlander (RS&F), based in Towson, acquired Hunt Valley-based Mister, Burton & Associates (MBA). Financial terms of the transaction weren’t disclosed.

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If You’re Looking For Career Options, Give Government Auditing a Look

Going Concern

note: This post brought to you by the Big Government Auditing lobby. When you hear “government auditing,” do you picture dull offices with fluorescent lighting, stacks of paper taller than you, and people who still think fax machines are the pinnacle of technology? Enter the world of government auditing.

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Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team

CPA Practice

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has appointed two new leaders to the firm’s Audit Quality & Risk practice. Decker assumes her new role from Mary Ropes, an Audit partner at Grant Thornton, who retires after more than 35 years of service at the firm. Thank you for your leadership.”

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The Growing Risk of Fraud in This Year’s Upcoming Audits

ThomsonReuters

It will come as no surprise after the year we’ve had: the growing risk of fraud in the 2020 year-end audit is real. A number of audit clients have been struggling to survive the COVID-19 pandemic. High levels of returns shortly after cutoff will also have to be scrutinized in audit procedures this year. Are you ready?

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Accounting Firms Continue to Prioritize Work-Life Balance

CPA Practice

The 2024 tax and audit season, which generally stretches from mid-January to mid- or late April, hasn’t been quite as challenging as it was in pandemic years, industry experts said. But we feel like the threshold is too low, and it’s requiring a lot of these really tiny organizations to get audits that just don’t need it. “But