article thumbnail

What Private Equity Means for Accounting Firms: Thought Leaders Explore Pros and Cons

CPA Practice

Firms had two products, financial statements and tax, and then some went down the path of advisory and wealth management. Do they flip to venture capital, or to another CPA firm? Elon Musk owns an interest in a tax and consulting firm. Is PE Right for All Firms?

article thumbnail

Professionals on the Move: Feb. 2024

CPA Practice

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting and tax profession. Schneider Downs Boosts Tax Team Schneider Downs & Co., She is a licensed CPA in New Jersey and New York and is a member of the AICPA and NYSSCPA. He returned to LLME in 2019 as a tax partner.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Professionals on the Move: Feb. 2024

CPA Practice

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting and tax profession. Schneider Downs Boosts Tax Team Schneider Downs & Co., She is a licensed CPA in New Jersey and New York and is a member of the AICPA and NYSSCPA. He returned to LLME in 2019 as a tax partner.

article thumbnail

Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

With increasing investments into CPA firms, private equity is now transforming the industry at an unprecedented pace.” — Sidney Glick, Partner | Deal Advisory Services The accounting industry, for example, is undergoing a sea change in terms of private investments.

article thumbnail

How To Start a Bookkeeping Business in 2022 [Step by Step]

Ryan Lazanis

In order to deliver your client’s ideal result, what services do you need to provide? Monthly accounting and bookkeeping services? Advisory Services? Tax services that you’ll provide in tax season? Financial statements preparation? Monthly meetings to review KPIs? It’s pretty cool.

article thumbnail

Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. Based on my experience, I believe some of these reasons are personal and individual, but far too many of these reasons are caused by CPA firms’ leadership and can be avoided or mitigated.