Going Concern

APRIL 26, 2024

Accountant Shortage PIPCA Survey Sheds Light on What Existing CPAs Want and Why Some are Leaving [ INSIDE Public Accounting ] Accounting firm business models need to change to retain and attract CPAs amid the worst talent shortage in recent history, the Pennsylvania Institute of Certified Public Accountants (PICPA) asserts in a new survey.

cpas 89

cpas auditor West Virginia accounting and finance 89

Going Concern

SEPTEMBER 1, 2022

Last week, we published a letter written to Fortune by a former CPA who pivoted to driving 18-wheelers and found far more career happiness than he ever would have in accounting (good for him). Accounting and being a CPA have been the worst personal decision and professional organization I’ve been a part since passing.

cpas 98

cpas cma Real Estate accounting and finance 98

Going Concern

DECEMBER 8, 2023

Pipeline The AICPA and NASBA’s Inadequate Response to Reaching 150 Hours [ CPA Journal ] The 150-hour requirement is a considerable barrier for students wanting to become a CPA or considering accounting as a major, even if it is not the dominant barrier. hours), and quality of work performed as leading barriers.

cpas 103

cpas Account accountant accounted 103

KROST

JUNE 6, 2022

Melillo, CPA, CEO. Jason Melillo, CPA, is the Principal of KROST. Keith Hamasaki, CPA, Principal. Steve Chhuor, CPA, SeniorManager. Steve Chhuor, CPA, is an Senior Assurance & Advisory Manager at KROST. Rebecca Hickle, CPA , Manager. Tax , Tax Specialty Services. Assurance & Advisory , Technology.

auditor 52

auditor Real Estate CPA audit 52

Going Concern

SEPTEMBER 22, 2023

“The job security and the ability to have a comfortable life motivated me at first,” said Khokhar, who served as a senior accountant at two construction firms and senior auditor at an accounting firm. Khokhar earlier this year joined JPMorgan Chase as a treasury sales associate in its commercial real-estate banking division.

Account 113

Account accountant accounted CPA 113

Going Concern

MARCH 22, 2024

She made general manager at 29 with a CPA [ eFinancialCareers ] Many young professionals begin to eye managerial posts as they approach their 30s – but Shanny Lee (CPA, Aust.) But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective.

Minnesota 95

Minnesota cpas audit CPA 95

Going Concern

JANUARY 30, 2023

Bloomberg Tax ] Britain’s accounting watchdog said on Monday it will monitor whether auditors were making spot checks on their compliance with environmental, social and governance (ESG) reporting requirements in company audits. I have had only one or two students interested in working for a CPA firm the last couple of years.

Account 85

Account accountant accounted cpa firm 85

Withum

JULY 12, 2023

You’re a private rental real estate entity. If you have been tasked to communicate with the auditors, you are aware of the many emails, phone calls, and documents that flow back and forth from the beginning to the end of the audit. Promote effective two-way communication between the auditor and those charged with governance.

audit 52

audit auditor Real Estate financial statements 52

Going Concern

FEBRUARY 19, 2024

Underemployed staff at the Big Four auditors risk losing their jobs as firms step up their scrutiny of employee workloads in a downturn. The liquidators were “taking steps to protect [their ability to bring] legal claims against auditors”, one of the people said. Bank Center “according to commercial real estate sources.”

auditor 57

auditor Account accountant accounted 57

Going Concern

JANUARY 26, 2024

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. This allows auditors to shift attention to more complex and strategic work, like interpreting results and offering experience-based insights to clients.

Account 116

Account accountant accounted audit 116

Going Concern

MARCH 11, 2022

SEC’s Top Accountant Warns of Bias Against Big Restatements [ Bloomberg Tax ] The SEC’s top accountant Wednesday questioned arguments used to justify stealth revisions to fix accounting errors, warning that companies and their auditors may be biased in making assessments to determine how to correct the mistakes. Photo by Chiper Catalin.

auditor 71

auditor tax return audit Account 71

Going Concern

AUGUST 25, 2023

Adventist Auditors Gather in Copenhagen for Spiritual and Professional Renewal [ ANN ] Maryland legend Tom Hood was there! Former Auditor at Newport Beach Commercial Real Estate Agency Pleads Guilty to Embezzling More Than $2.7 appeared first on Going Concern.

tax preparation 95

tax preparation CPA payroll tax Illinois 95

Going Concern

MAY 6, 2022

ICYMI | Exploring the Gender Gap [ The CPA Journal ] Previous research has established that women suffer from the impacts of the “gender gap” in the middle to late stages of their career. The authors posit that one significant factor driving the gender gap in the accounting profession originates with the Uniform CPA Examination.

auditor 52

auditor audit CPA Real Estate 52

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.

Government 82

Government Gambling audit CPA 82

Going Concern

JANUARY 13, 2023

The Abradin association said it was denouncing Americanas for what it called a “multi-billion fraud,” while also asking regulator CVM to investigate the retailer’s auditor, PwC. Trump’s family real estate business was ordered on Friday to pay a $1.6 Are midcareer CPAs happy in your firm?

audit 101

audit Account accountant accounted 101

Going Concern

AUGUST 18, 2023

But after TSG noticed a declining return on its investments, the firm hired an independent auditor to look into how 20th Century was calculating its share, the suit says — and “what the auditors found in sampling just three of the 140+ films at issue was clear evidence of Hollywood Accounting.”

Account 89

Account accountant accounted accounting and finance 89

CPA Practice

AUGUST 24, 2023

If firms engineer a type of secondary deal to cash out investors and transfer older positions from one fund to another, they will need an independent auditor to ensure investors are getting a fair deal. Many now extend far beyond buyouts and into lending, financing critical infrastructure and funding real estate deals.

Real Estate 52

Real Estate auditor Government Legal 52

Going Concern

JANUARY 19, 2023

Little and his co-conspirators also conspired to launder their ill-gotten gains and used significant portions of the fraudulent tax refunds to purchase real estate and other assets 6. As a result of this scheme, Little and his co-conspirators obtained at least $12.3 That case was settled in 2013.

Tax 62

Tax tax return Gambling tax preparation 62

Ryan Lazanis

AUGUST 2, 2023

Table of Contents How to Choose a CPA Firm Name?

accounting firms 52

accounting firms Account accountant accounted 52