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Friday Footnotes: KPMG Pays High Schoolers 20 Bucks an Hour; Deloitte Cyberattacked Too; IRS on ERC | 7.28.23

Going Concern

The combination of too few professionals and high demand is pushing firm leaders to merge up, outsource tax work and hire non-CPAs, among other strategies. Beginning no later than 2011, Fulton was aware that Nix ran an illegal gambling business. The question now is whether year-over-year growth of 18% will continue next year.”

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Please Yourself

RitaKeller

CPAs try too hard to be all things to all people. There is almost no room left for the next Procter & Gamble or Google. I’ve seen this happen SO many times and it is crazy. It also happens relating to practice growth. I like this quote from Seth Godin: “The mass market is no longer.

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Monday Morning Accounting News Brief: EY’s Paying Big For the Everest Failure; PwC UK Delays Promotions | 2.12.24

Going Concern

Charlotte Business Journal ranked the largest local firms by number of staff and asked the firms how they’re using AI in their practice: Deloitte tops the list with 1,911 professionals, including 297 CPAs, in its local office, followed by EY with 1,743 professionals and KPMG with 685. Some are finding solutions overseas.

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Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

The court filing says Amit Patel used the money to fund online gambling, pay for private travel and accommodation for himself and friends as well as sporting tickets, acquire a new Tesla car, Nissan pickup truck, purchase cryptocurrency and buy a property in Ponte Vedra Beach, Florida. appeared first on Going Concern.

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

“A proposal like this could allow for the reinstatement of credit for more than 15,000 CPA candidates and re-open the door for those candidates to complete their journeys to becoming licensed CPAs. So that’s not a scripted set of results, yet it is known prior to the event, and gambling is legal on the Oscars.

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Friday Footnotes: KPMG Downsizes (Office Space); CPA CPA CPA; Some Good News on Diversity | 8.26.22

Going Concern

CPAs spill the beans [ CPA Canada ] Three accountants share their experience being back at the office. With this acquisition, Dark Horse CPAs expands their presence in the Florida market. TaxTwitter pic.twitter.com/gJT5P6uAQ9. — “Lorilyn” Matt Wilson, CPA (@LorilynWilson) August 19, 2022. Is the hybrid work model working?

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Friday Footnotes: How EY Fights Poaching; Lack of Staff Is Closing Doors; Accounting to Biglaw? | 11.25.22

Going Concern

CPAs, LLP and O’Connor & O’Connor CPAs, announced this week they will be combining forces in a new merger. Prager Metis CPAs LLC, an auditor for FTX, was sued by an investor who claims to have lost almost $20,000. The 55-year-old, from Cwmbran, Torfaen, spent the cash on cars and properties and gambled away £500,000.

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