Going Concern

FEBRUARY 16, 2024

This is according to the Illinois CPA Society (ICPAS), which surveyed 449 employers and 433 accounting and finance employees last summer and released its results last month. According to a lobbyist for the Iowa Society of Certified Public Accountants, fewer CPA firms are willing to audit government agencies.

Real Estate

Going Concern

SEPTEMBER 29, 2023

Maginnis recalls early in his career when Newt Becker, founder of the Becker CPA exam prep courses, told him that every year spent in public accounting is the equivalent of two years in private industry. It could be sports and entertainment, tech companies, life science companies.” But by bailing out too soon, you miss it.

accounting careers

CPA Practice

MAY 15, 2024

The Big Four firm was the auditor for eight of the 46 IPOs, tops among the 20 different firms with at least one IPO audit client in Q1. KPMG audited Amer Sports, a global group of outdoor wear and sports companies based in Finland, which was one of two companies that raised more than $1 billion in proceeds, known as a “unicorn IPO.”

audit

Going Concern

MARCH 21, 2023

note: the following is a guest post by Jack Castonguay, PhD, CPA, who has not yet been replaced by ChatGPT as far as we know. It isn’t just another game, it’s a different sport. Your senior is probably not a synth. Not to my knowledge – though that doesn’t mean it won’t shake up our industry anyway. The future is different.

accounted

Going Concern

FEBRUARY 24, 2023

When they’re not striving for the pinnacle of their sports, internationally famous mountaineer Jimmy Chin and teenage tennis phenom Coco Gauff are promoting accounting firm Baker Tilly as brand ambassadors. More than 90% point to hiring and retaining skilled accountants and auditors. The non-U.S. respondents than U.S.

Technology

Withum

AUGUST 2, 2024

In September 2021, Mizuhara began gambling with an illegal sports book and lost millions of dollars. Our auditors will review your system if you suspect you have weak internal controls, and our forensic accountants will investigate fraud if you believe you have been a victim of fraudulent activity.

Gambling

CPA Practice

MAY 15, 2024

CPA Practice Advisor ‘s Readers’ Choice Awards , now in their 20th year, give our readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses. Many respondents chose more than one event.

Technology

Going Concern

APRIL 21, 2023

The withdrawal is “catastrophic,” said Miranda Meginness, Marion’s auditor. Other Stuff How a Federal Fraud Investigation Inspired This CPA to Become a Founder [ Inc. It was among the 64 local governments and utility systems that S&P Global Ratings withdrew ratings for this month for failing to file financial information on time.

accounted

Going Concern

MAY 24, 2024

“Considering we have a state budget just over $50 billion and the multiple errors we identified were in excess of $718 billion, it’s clear this additional level of review is vital to ensure we have accurate financial reporting,” Republican Auditor Scott Fitzpatrick said in a statement announcing the report.

audit

Going Concern

JULY 26, 2024

ICYMI These are the top stories on Going Concern this week You Can Sit for the CPA Exam in the Philippines Now Golf Fans Everywhere Now Think BDO Sells Dildos and Lube Just How Much Have Accounting Salaries Increased in the Last Five Years?

Oklahoma

Going Concern

JUNE 9, 2023

More is being asked of accountants, auditors and financial service providers than ever before. “By catching and communicating noncompliance sooner, auditors can help companies course-correct and better protect investors from risk,” PCAOB Chair Erica Williams said in a news release.

audit

Going Concern

JUNE 13, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate

Going Concern

JUNE 12, 2023

Mississippi auditor Shad White issued a report Thursday that said the state’s public universities spent $23.4 Deloitte’s Sports Business Group in the UK has released their annual football finance report. Ackerman in the Sep/Oct 2022 CPA Journal was a great article. Found in downtown Philadelphia. Not that football, guys.

accounted

CPA Practice

JUNE 20, 2024

Now that the spring conference season has been completed, I can report on observations from the CPA Practice Advisor Mashup event, AICPA Engage, and Scaling New Heights. Initial efforts to make accountants the auditors of AI have started. A Top Technology Initiative Article. One PE presenter claimed that there are 3.5

Technology

Ronika Khanna CPA,CA

DECEMBER 9, 2021

Gifts that are specifically for meals or entertainment such as a gift certificates to a restaurant or tickets to a sporting event, even if you don’t accompany the client, are only 50% deductible and should be reflected as meals and entertainment in your accounting.

Entertainment

AdviceForTaxpreparers

JULY 29, 2019

by Bill Meador, CPA, JD. Accounting and CPA Puns. Short Accounting and CPA Jokes. Accounting & CPA puns. Short Accounting and CPA Jokes. Why did the auditor get hit by a car when he crossed the road? What’s an accountants favorite sport to play during busy season? Actual call to a CPA.

tax preparation

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

CPA Practice

APRIL 12, 2023

By Blake Oliver, CPA, and Chris Vanover, CPA. CPAs have always been passionate about numbers, using various metrics such as revenue, profit, headcount and realization to measure success. However, this focus on numerical indicators is contributing to the decline of the CPA profession itself.

accounted

Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. noted in a 2017 CPA Journal article. economy — both increases over the previous quarter.

Colorado

Going Concern

MARCH 11, 2024

Minnesota’s proposal to add a second pathway to CPA licensure that doesn’t require 150 hours of education is moving forward in the MN Senate. The authors posit that one significant factor driving the gender gap in the accounting profession originates with the Uniform CPA Examination. He’s right on that last point tho.

audit

Going Concern

DECEMBER 18, 2023

I find that when exposure to restrictiveness is high, there are fewer students majoring in accounting, fewer CPA exam candidates, and fewer accountants and auditors overall. To ensure that wellness is woven into the day-to-day practices of employees, professional services company EY decided to make mental fitness an ongoing team sport.

Georgia

Going Concern

APRIL 22, 2024

A retirement celebration that I’ll carry with me forever,” the sports fanatic told his 300,000 followers on LinkedIn. According to the US Office of Foreign Labor Certification data, EY entry-level accountants and auditors earn $54,000 a year and up.

auditor