Going Concern

APRIL 17, 2024

According to an article in Financial Review authored by Beaton Research + Consulting Executive Chairman George Beaton, Big 4 firms in Australia are gonna be in struggle mode for a while. For the past 20 years, we have asked thousands of clients directly for their ratings and opinions on hundreds of firms of all sizes.

Government 106

Government corporation tax Tax 106

BuildYourFirm

MARCH 24, 2021

Also known as your Business Profile, this highly-authoritative business listing is the internet gateway to your accounting firm, highlighting your services, staff, reviews, and NAP (name, address, phone) information. Most importantly, your GMB listing helps potential clients to find you in the first place using local search.

Account 224

Account accountant accounted cpas 224

CPA Practice

APRIL 18, 2024

Now I went itself has been around for a few years, their basic value proposition is to try to speed up your revenue cycle, helping you get the bills out the door faster and getting client payments more rapidly, we’re finding a lot of interest in this area and multiple different competitors are trying to play into this space.

Technology 115

Technology Account accountant accounted 115

Going Concern

JANUARY 19, 2024

For at least 204 of those audit engagements (or approximately 85%), Hackert failed to supervise the work of the engagement team as shown by, among other things, his failure to review the work of the engagement team and to document his review by the report release date. Emphasis added.)

audit 81

audit 81

CPA Practice

FEBRUARY 26, 2024

Taking on an advisory role will not only improve your year-round cash flow but will also help you better serve your clients. In fact, 83% of clients want a tax professional who also offers advisory services. Packaging is a great way to present these new services to clients in a familiar and appealing way.

tax planning 119

tax planning CPA Tax Construction 119

CPA Practice

APRIL 19, 2024

Forbes said the 200 finalists were selected through a review of more than 1,000 CPAs from a variety of backgrounds, specializations, and locations. The courage to work for businesses large and small, without bias, on everything from sustainable energy to cryptocurrency.

cpas 78

cpas CPA tax return Management Consulting 78

Going Concern

FEBRUARY 26, 2024

This instance involved a member of an engagement team engaging in substantive employment discussions with, and accepting an offer of employment from, the audit client for an accounting role. Everyone better review the rules now because we all know the auditors of auditors are looking for any petty thing they can ding firms for these days.

auditor 91

auditor audit Account accountant 91

Xero

DECEMBER 1, 2023

Here’s a guide outlining what the announcement means for your practice and clients. However, the latest review has revealed that more can be done to simplify and enhance the design of MTD for ITSA. More time for smaller businesses Further mandation of MTD for ITSA for those earning below £30,000 annually will remain under review.

Tax 88

Tax income tax bookkeeping accounting software 88

Withum

FEBRUARY 7, 2024

Here are some things preparers and clients can do to make the experience more valuable for themselves. Ways to Make Tax Season Better for Clients Avoid spelling errors in client’s or children’s names, addresses, or any information that needs to be provided on the return. Tax season is upon us.

tax preparation 59

tax preparation Tax tax return 59

CPA Practice

NOVEMBER 16, 2023

Partners and managers handle their own pricing on a client-by-client basis and often end up undercharging. The same client might get a quote from two offices for the same service priced drastically differently depending on who they call.

Account 115

Account accountant accounted tax consultant 115

CPA Practice

JUNE 21, 2023

The SEC’s order said Marcum’s quality control failures were not limited to SPAC clients. “[T]he In a statement to Reuters , a Marcum spokesperson said, “We remain committed to maintaining the full confidence of our clients, regulators, and investors.” Marcum’s written policies failed to address explicit requirements of AS 1215.06(b),

audit 96

audit Non-Profits auditor accounting firms 96

Withum

MARCH 19, 2024

About t he Client A Labor Union. The Challenge The client encountered multiple challenges with their internal controls. Strategic Plan: We partnered with management to outline a comprehensive review of existing controls and processes. Empowering Success: Withum worked closely with the client to understand their pain points.

payroll 52

payroll audit 52

Withum

MARCH 19, 2024

About t he Client Labor Union Council. The Challenge The client encountered multiple challenges with their internal controls. Strategic Plan: We partnered with management to outline a comprehensive review of existing controls and processes. One of them was the reporting and accrual of vacation and sick time.

payroll 52

payroll audit 52

CPA Practice

NOVEMBER 29, 2023

As a financial professional, you probably have among your clients business owners, would-be business owners and investors in various enterprises (even including restaurants). You yourself may be a small business owner wondering how to improve your social media reviews. And it’s why, this works in industries other than hospitality.

Hospitality 97

Hospitality Start-ups business accounting Account 97

Going Concern

NOVEMBER 20, 2023

Accountingfly has 60+ clients seeking SMB public accounting experience. Join their network today! Accountingfly attracts a network of remote freelance candidates at various experience levels looking for seasonal opportunities.

Account 77

Account accountant accounted Tax 77

CPA Practice

SEPTEMBER 28, 2023

So, how can you make this transition smoothly without overwhelming yourself or your clients? For Your First Hire: Consider an Admin You’ll almost inevitably reach capacity with your client workload as a solo practitioner. You know you’ve reached capacity when you have to turn down new clients and opportunities.

payroll 119

payroll CPA Start-ups Construction 119

CPA Practice

APRIL 20, 2024

Uncat, a provider of management systems for accounting professionals, has launched its new Uncat Receipts, a module designed to streamline expense management and enhance efficiency for accounting professionals and their clients. Clients can now submit receipts via web, email, and text message. Key features of Uncat Receipts include: 1.

Expense Management 52

Expense Management quickbooks bookkeeping accounting software 52

Going Concern

DECEMBER 7, 2023

According to another internal email we’ve reviewed, the firm detected unusual activity on the network and took the network servers offline “to protect our information.” ” There is currently no indication that client or employee data has been compromised. DO NOT REDEEM. DO NOT REDEEM!!

CPA 85

CPA Gaming Technology 85

Withum

APRIL 25, 2024

Many clients tell me that a problem they have with tax season is getting everything together and they wish they were better organized. It can also give you a screen with one look to review your accounts and portfolio. Let’s Chat The post Tax Season Retrospective for Clients appeared first on Withum.

Tax 59

Tax tax return tax preparation Account 59

CPA Practice

APRIL 9, 2024

Competitive firms looking to seize that opportunity need to modernize their approach to investing in both technology and staff development to enable professionals at all levels of the firm to elevate how they serve clients and dive into their professional purpose as accountants.

cpa firm 122

cpa firm CPA Technology Legal 122

5 Minute Bookkeeping

JUNE 23, 2022

Keep reading or click on the video linked below to learn about the paid diagnostic review: every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup project. What is the paid diagnostic review and how can you use it effectively for your bookkeeping business? The client tries to control the process.

quickbooks 52

quickbooks bookkeeping accounts payable tax return 52

Going Concern

JANUARY 30, 2024

SCP&H undertook a thorough and comprehensive review of all data potentially impacted by this event to identify what information was contained within the data and to whom that data relates. This review concluded on January 4, 2024, and we determined that information related to you may have been impacted by this event.

accounting firms 97

accounting firms Account accountant accounted 97

ThomsonReuters

JULY 13, 2023

To succeed in an increasingly competitive landscape, forward-thinking accounting firms of all sizes are harnessing the power of AI to automate their tax workflows, thus boosting efficiency, empowering staff, and wowing clients. Boost tax workflow efficiency through automation Empower and engage staff Wow clients with enhanced services 1.

Tax 97

Tax Technology accounting firms income tax 97

Going Concern

NOVEMBER 16, 2023

Top Freelance Accounting Candidates of this week: PT/FT Tax Contractor | Candidate ID #F19022786 Years of tax experience: 6 years of tax experience Hours available per week: 20-40 Tech Stack: ProConnect, Pro-Series, UltraTax and Go and Pro System Prefer Individual or Business Clients: no preference Business Return Experience: most comfortable with (..)

Account 60

Account accountant accounted CPA 60

Nancy McClelland, LLC

APRIL 5, 2024

Photo by coco tafoya on Unsplash As my readers and colleagues know, I’m a huge proponent of leveraging technology to remove the drudgery from our jobs and those of our small business clients. Who do you think they’re going to recommend when a tax client needs accounting and bookkeeping assistance? Review it carefully.

tax preparation 52

tax preparation Tax bookkeeping payroll 52

CPA Practice

JUNE 15, 2023

As noted in my April column , there are various innovative uses of AI and privacy risks for your client data. We believe that the privacy risk to client data is high, but some consultants seem to be ignoring this exposure to client confidentiality. Thought leaders and novices are working to convince you they have AI figured out.

Technology 119

Technology tax planning audit Start-ups 119

CPA Practice

MARCH 4, 2024

This powerful tool can drill down into millions of lines of data, flagging potential anomalies in minutes for auditors to examine instead of relying on the manual selection and review of data samples ― expending significantly more time looking for the proverbial “needle in a haystack.” As we all know, change can sometimes create uncertainty.

auditor 69

auditor audit general ledger Technology 69

CPA Practice

FEBRUARY 23, 2024

Vendors streamlined tasks like bookkeeping which unblocked time for higher-value opportunities, namely client accounting services (CAS). CAS created significant value for staff and clients of accounting departments, evidenced by reports of double-digit annual growth and clients’ willingness to pay up to 20% more for these services.

Technology 64

Technology Tax cpas tax preparation 64

CPA Practice

APRIL 9, 2024

On the technology adoption scale, this places the accounting industry somewhere between uncertainty and adoption: accountants can see the value that generative AI may offer, but we’re also hearing that some have real concerns these tools will become their clients’ new go-to source for accurate information and insights.

Technology 119

Technology Account accountant accounted 119

CPA Practice

APRIL 15, 2024

This achievement underscores their unwavering commitment to maintaining the highest levels of data security and safeguarding client information. TaxDome’s SOC 2 achievement is a testament to our ongoing dedication to our clients,” said Ilya Radzinsky, Founder of TaxDome. “We

audit 52

audit cpas bookkeeping public accounting 52

Withum

OCTOBER 11, 2023

A recent conversation with a client provides some insight into these numbers. Our client felt confident their cybersecurity posture improved because they moved “everything to the cloud” and no longer had on-site servers running applications and storing data. Read that sentence again – and let the numbers really sink in for a minute.

105

105

Going Concern

JANUARY 9, 2024

We haven’t heard anything similar coming out of the UK but according to recent reporting by FT , Grant Thornton UK is definitely dipping out on certain clients. Said FRC in its July 2023 Tier 1 review [ PDF ]: Of the audits inspected, 77% were categorised as good or limited improvements required (2021/22: 75%).

audit 89

audit accounting firms Account accountant 89

Withum

JANUARY 4, 2024

She specializes in assisting entrepreneurs and also has experience conducting audits, compilations, reviews and other attestation engagements. As a member of the Firm’s Technology and Emerging Growth Services Team, Victoria understands the fast-paced nature of the tech industry and works to anticipate client needs and future industry trends.

Technology 111

Technology audit 111

CPA Practice

OCTOBER 27, 2023

By Allison Arieff, MIT Technology Review (TNS) His official title is vice president of regulated reporting solutions. Many times, that means working with clients to upgrade their data infrastructure so it’s easier to see what parts of their operations emit the most. But really, Billy Scherba, CPA, is a carbon accountant.

Account 124

Account accountant accounted Transportation 124

Steve Feinberg

NOVEMBER 29, 2023

At Appletree Business Services, everything we do is for our clients—from bookkeeping to payroll and more. Every month, over 1 million discerning business leaders turn to Clutch to delve into comprehensive client interviews and uncover credible agency partners who can effectively address their business requirements.

New Hampshire 98

New Hampshire bookkeeping cpa firm cpas 98

CPA Practice

MAY 30, 2023

Clients want more from your firm than basic accounting and compliance work. In fact, a recent report from Thomson Reuters found that 95% of surveyed accounting firms said their clients want more advisory services. Get to Know Your Clients on a Deeper Level You can’t succeed with marketing if you don’t know who you’re marketing to.

Education 124

Education basic accounting accounting firms Account 124

ThomsonReuters

JANUARY 8, 2024

By automating these mundane tasks, tax professionals can allocate more time to strategic planning, analysis, and providing valuable insights to their clients. This enables tax professionals to make more informed decisions and offer valuable insights to their clients.

Tax 101

Tax Account accountant accounted 101