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Monday Morning Accounting News Brief: EY Morale Is Suffering After Layoffs; Ignoring Audit Quality? | 3.11.24

Going Concern

We’ll be doing an article shortly, in the meantime here are some quotes from INSIDE Public Accounting : Bob Cedergren, MNCPA board chair added, “I can tell you from my own experience, through conversations with colleagues throughout the country and the members of the MNCPA, that we have a significant shortage of CPAs.

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Tenth Anniversary of Blog

Withum

Things have changed and public accounting has been transformed into a behemoth providing professional services in every critical area clients need assistance. When I started in accounting, advisory services were limited to helping clients work through problems. It worked well.

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How to Set Up Accounting for a New Business: A Full Guide

xendoo

If you are self-employed, you’ll need to withhold taxes from your income and then remit them to the government the same way an employer withholds taxes from their employee’s pay. To do it successfully, you’ll need to have an aptitude for numbers and a general understanding of basic accounting practices and business taxes.