CPA Practice

MAY 9, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, look the Digilence Experience Cloud , a cloud-based digital intelligence solution for accounting firms. The Digilence Cloud accelerates the digitization of inefficient, repetitive processes across audit, tax, client accounting, and other back-office functions. And Brian F.

Technology 111

Technology Account accountant accounted 111

ThomsonReuters

FEBRUARY 28, 2024

Alicia Shaul ’s path to accounting was less than traditional. A culture of happiness and growth In the six years after she became a CPA, Shaul worked at several accounting firms and experienced some less-than-ideal managers. After some lengthy research, she found her answers through the advisory platform Practice Forward.

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cpa firm CPA Non-Profits financial statements 98

Going Concern

MAY 16, 2024

Announced today, they’re buying Seiler (IPA Top 500 #69, $86.9 With a 65-year legacy, Seiler has established itself as an iconic advisory, tax and accounting services provider with deep roots in the Silicon Valley and the San Francisco Bay Area. Seiler Partner Ron LaVelle will be Baker Tilly Private Wealth practice leader.

Non-Profits 62

Non-Profits Tax Account accountant 62

Withum

MAY 29, 2024

The book was written so students and those contemplating public accounting as a career or already working in a CPA firm would have an inside look at what CPAs do. I am a CPA and ran an accounting practice, but in reality, my work was as a CPA, and my job was as a business owner and manager running a CPA business.

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CPA cpas cpa firm tax return 59

CPA Practice

SEPTEMBER 1, 2023

This growing demand could indicate that the accounting profession is heading in a direction where clients will expect CAS offerings to be the standard – not just a “nice-to-have” addition. Step #1: Assess Your Practice Start by assessing the current state of your firm – including goals and strategies – and your existing offerings.

Technology 116

Technology Start-ups accounts payable accounting firms 116

CPA Practice

APRIL 22, 2024

Be aware, too, of “smishing,” a similar practice transpiring over SMS text messaging. Assistance in setting up online accounts Steer clear of anyone attempting to help you create a taxpayer online account on the agency’s webpage. Without further ado, here is the agency’s 2024 full list. savings bonds.

Tax 122

Tax tax return online accounting payroll 122

Accounting Insight

APRIL 9, 2024

Jo is a visionary leader in strategic marketing and client engagement and has over 35 years practical marketing experience working with a wide range of firms across the UK, both large and small. It’s about helping your audience make smarter, easier, more confident buying decisions. How did you get into the profession?

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Tax Account accountant accounted 52

CPA Practice

FEBRUARY 2, 2024

It used to be that all an accountant had to do to earn respect, win over new clients, and have a growing firm was simply be a great accountant. They’re over for a few reasons: Reason #1: Most clients don’t value accounting as much as we think they should. He said this, “ People don’t want to buy a quarter-inch drill.

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Account accountant accounted tax return 119

ThomsonReuters

MARCH 8, 2024

When it comes to changing pre-established practices in your firm, the logistics can feel like a moving target. As busy accountants, it’s easy to get stuck in survival mode. How can you build your service offerings to better serve your clients and grow your CPA firm through accountability? Take accounts receivable for example.

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cpa firm CPA Technology Tax 96

CPA Practice

JULY 31, 2023

Professionals on the Move is a round-up of recent hiring and promotion announcements from across the accounting space. He provides accounting and assurance services to both public and privately held companies, primarily those within the construction and manufacturing sectors. Deatrick joined the firm in 2009.

Real Estate 97

Real Estate West Virginia Manufacturing audit 97

Going Concern

DECEMBER 6, 2023

TLDR summary of this article from ChatGPT: Big 4 accounting firms introduced paternity leave in 2006, but a recent study finds that many fathers, especially in high-pressure environments like audit firms, hesitate to take advantage of it. Despite generous parental leave policies in France, men are reluctant due to workplace culture.

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audit accounting firms accounting careers auditor 111

CPA Practice

NOVEMBER 16, 2023

Addressing the traditional approach to scoping and pricing For too long, scoping and pricing jobs within accounting firms have been treated as an afterthought or a necessary evil. Professionals across the firm, regardless of their pricing expertise, have been left to navigate these critical decisions on their own.

Account 116

Account accountant accounted tax consultant 116

Xero

OCTOBER 1, 2023

If your business or practice experienced a data breach, it could have a serious impact on your livelihood. Business information can be sold to competitors or state sponsors, and used to gain access to company accounts. Cyber criminals steal this data by gaining control of the accounts that access it.

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Start-ups Account accountant accounted 110

CPA Practice

JANUARY 13, 2024

The Dynamic Duo of Randy Johnston and Brian Tankersley, CPA, attended CES 2024 in Las Vegas, sending back updates on the top new tech of interest to the accounting community. My co-presenter for The Accounting Technology Lab , Brian Tankersley, and I noted a variety of AI-promoted products that could not have AI at this year’s CES.

Technology 119

Technology auditor Healthcare Transportation 119

Mark Lee

APRIL 9, 2024

There is a direct parallel with the role of accountants. The key question is how will accountants respond to the changes that are rapidly becoming reality? Well, like accountants, the medical profession do not have to secure full marks to secure their qualifications. How does this relate to accountants? Head in the sand?

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Account accountant accounted tax return 104

CPA Practice

FEBRUARY 27, 2024

You neither have to have a small accounting practice, nor be in a medium or even a larger practice to want to work with one-person clients. consumers said they plan to start a new business in 2024, and two-thirds believe that starting a business is a better path to building personal wealth, even when compared to buying a house.

quickbooks 105

quickbooks accounting and finance Tax Finance 105

Shay CPA

JANUARY 31, 2024

That doesn’t mean it’s too late to start implementing some new best practices for 2024, though. When it comes to your accounting, employing a few tools and keeping key facts in mind can make your life a whole lot easier. Our team of accountants has some recommendations for your tech startup. At least, that used to be the option.

quickbooks 52

quickbooks Account accountant accounted 52

CPA Practice

AUGUST 31, 2023

After Duke Alexander Moore got a sneak peek at the questions he and the two other panelists would be asked during a session at the 2023 Unique CPA Conference, “Bridging the Gap,” there was a topic he knew nothing about, even as the owner of a tax and accounting business: the traditional accounting firm partnership business model.

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cpa firm CPA cpas Account 104

TaxConnex

JANUARY 18, 2022

Let’s say you go to the store to buy an item. Exemption certificates should include a registration/account number, the customer’s and seller’s name, the nature of the exemption (resale, manufacturing, etc.) One often overlooked aspect of compliance, but extremely important, is the sales tax exemption certificate. Trust but verify.

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auditor Manufacturing Tax Sales 198

DentalAccounting

JANUARY 30, 2020

If you have kicked around the idea of starting your own dental practice and think you are ready, then this article is for you. Dental Practice Marketing and Lead Generation. In some markets, the demand for existing practices is red hot and there are not practices to purchase. Location for Your Practice.

Real Estate 130

Real Estate cpa firm CPA Start-ups 130

Going Concern

NOVEMBER 3, 2023

Scott Scarano is not your typical accounting firm owner. After cleaning up his act, Scott rebuilt his life using street smarts and hustle to work his way up at a small tax practice. Scott started as a business accounting major and even made the Dean’s List his freshman year. It took every ounce of Scott’s willpower to persist.

Non-Profits 67

Non-Profits Entertainment accounting and finance accounting degree 67

Accounting Insight

APRIL 22, 2024

Developments in technology: Recent progress in technology has made offshoring a practical and budget-friendly option for many businesses. Getting buy-in from stakeholders: Offshoring is growing, but for long-term success, companies need commitment, clear strategy, and ongoing adjustments. You can register for a free ticket here.

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Account accountant accounted 100

Going Concern

JANUARY 26, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. KPMG’s U.S. Indeed, trust is not built on mitigating risks alone. To the media!

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Account accountant accounted audit 116

CPA Practice

MARCH 15, 2023

In the past several decades, few topics have driven as much conversation among accounting professionals and firm leaders as has ongoing private equity investment in firms. It’s definitely not the model of firm management that your mother or father experienced or envisioned, if they were an accounting professional.

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accounting firms Account accountant accounted 132

Going Concern

APRIL 22, 2024

Then, its top brass were tearing themselves apart over the demise of Project Everest, the code name given to the firm’s ambitious plan to split its vast consulting and auditing practices. The accounting talent pipeline discussion in the press and social media has centered around the idea of modernizing the licensure requirements.

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auditor Account accountant accounted 90

CPA Practice

MARCH 15, 2024

accounting firm that has secured a substantial investment from a private equity group, after Chicago-based Grant Thornton—the seventh-biggest firm in the nation by revenue—said on Friday it will receive “a significant growth investment” from New Mountain Capital “to accelerate [our] business strategy.”

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Legal New York Technology accounting firms 80

CPA Practice

MAY 17, 2024

As of this writing, I’m particularly anticipating the CPA Practice Advisor Mashup event at AICPA Engage, where I’ll present a version of Tech Update, which is the motivation for this column. By my count, there are 30+ new tools for the accounting profession alone. Additionally, all our common smartphones have NPUs, too.

Technology 59

Technology accounting firms Account accountant 59

CTP

NOVEMBER 16, 2023

The accounting landscape is changing rapidly. CPAs and EAs are rethinking their strategies for practice management while moving from compliance to advisory services. We offer proven methodology, guidance, and expert training that accounting firms need to develop and implement a tax planning approach to attract and engage clients.

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tax planning Tax Account accountant 98

Going Concern

JANUARY 19, 2024

Traipsing haphazardly across the internet as one does, I came across this ancient scroll dated 1988 and entitled “Education requirements for entry into the accounting profession: a statement of the AICPA policies.” At the earliest practical date, the states should adopt the 150-semester-hour education requirement.

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Education cpas CPA public accounting 89

Airbase

NOVEMBER 7, 2023

In this guide, we delve into the core of P2P, exploring its benefits for organizations, the software solutions that streamline the process, and best practices to overcome challenges. Best practices in procure-to-pay to overcome challenges. Table of contents What is procure-to-pay? How P2P can benefit your organization.

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Technology Approval Workflows Spend Management audit 130

CPA Practice

APRIL 18, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, look at the practice management, billing and collections platform Aiwyn. Yeah, Randy Johnston 02:21 so basically, then they call their platform practice intelligence, it’s really broken up into two pieces, the billing side, and then the payments and collections side. And Brian F.

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Technology Account accountant accounted 116

CPA Practice

JANUARY 10, 2024

This article summarizes Zak’s insights from my recent Earmark Podcast interview to provide accountants and tax professionals with key guidance. You should also: Maintain separate bank accounts and credit cards exclusively for gambling activity. Spend considerable time practicing, analyzing, and improving gambling strategy.

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Gambling Tax Account accountant 80

PANALITIX

JULY 21, 2020

Distinguishing your Accounting Business. Did you buy anything? Maybe you will tell your friends and maybe you will consider buying next time. Content marketing in the in-store sampling for accountants. In Panalitix, we help Accountants to be better at content marketing by following these steps: It’s all about the Message!

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Account accountant accounted accounting basics 130

VetCPA

JANUARY 24, 2020

If you have kicked around the idea of starting your own veterinary medicine practice and think you are ready, then this article is for you. Buying a practice – This entry approach sounds easier than the other options but has challenges as well. As a result, the value of existing vet practices is high. Self-Assessment.

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Real Estate cpa firm CPA Start-ups 130

Airbase

OCTOBER 25, 2023

But what do these recent innovations mean for mid-market companies on a practical level? An employee could buy a software product that creates security risks, for example, or a company could waste thousands in duplicate subscriptions. Accounts payable and procurement. Changes to the procure-to-pay landscape.

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accounts payable AP Automation Approval Workflows Technology 130

ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. That’s why many accountants are embracing the profitable shift to tax advisory services. That’s why many accountants are embracing the profitable shift to tax advisory services.

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Tax tax return income tax audit 98

CPA Practice

APRIL 25, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, look at AssurancePrep , a practice management resource system for audit firms. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor, with your hosts, Randy Johnston, and Brian Tankersley. Randy, what kinds of audit?

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Technology audit Account accountant 111