Fri.Jul 08, 2022

article thumbnail

Accountants Behaving Badly: Kickback Schemes, Hiding Money From the IRS, Embezzlement Spree

Going Concern

Plus, Pennsylvania accountant loves tax evasion, North Carolina CPA indicted on securities fraud charge, and Kentucky accountant gets jail time for sex trafficking. Accountant sentenced to prison for role in doctor-bribery scheme [ Press-Telegram ]. George Hammer—an accountant who enabled the owner of a hospital in Long Beach, CA, to pay more than $40 million in illegal kickbacks to doctors in exchange for them referring thousands of spinal-surgery patients—was sentenced to 15 months in federal

article thumbnail

IRS offers simpler way for estates to extend time to file for tax exclusion

Accounting Today

Tax 111
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

New Hires Are Making Absolutely Wild Demands Like Decent Salaries and Remote Work, Says Guy

Going Concern

Fresh off the ole tweet machine today we have this: New hires in accounting with 0 exp are demanding: – $80k-$100k. – Remote work. – 30 hours a week. – Client contact / advisory roles. This is unsustainable. What does the future of U.S. talent strategy look like? — Brandon Hall (@bhallcpa) July 8, 2022. Discuss. And don’t bully Brandon, he agrees new hires are grossly underpaid, underappreciated, and overworked. “Firms can’t pay new grads $100k unless th

Account 111
article thumbnail

U.S.-China talks over delisting stocks hinge on redacted audits

Accounting Today

audit 105
article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Build a Tech Stack For Business In the Digital Age

Intuitive Accountant

Although no two businesses operate in exactly the same way, several applications will benefit most accounting firms - Payroll, Document management, Payments, Billing or invoicing Expense management

article thumbnail

Comey and McCabe IRS audits under review by Treasury watchdog

Accounting Today

audit 98

More Trending

article thumbnail

Treasury offers framework for regulating crypto internationally

Accounting Today

article thumbnail

What CEOs Can Learn About Culture From the Great Resignation

GrowthForceBlog

7 min read. The “Great Resignation” continues to steal headlines across the U.S. Nearly every workplace has felt the effects of it- and business leaders everywhere are still in the middle of an employee retention crisis.

94
article thumbnail

Top pros and cons of being a management accountant

Accounting Today

article thumbnail

Raises and Inflation: Skagit County Business Owners, Listen Up

SkagitCountyTaxServices

Everywhere I turn there’s a Skagit County business with a “Now Hiring” sign in the window. Are you seeing this too? Staffing is an issue in every industry across the country. Part of that? Making money isn’t the only reason people want a job. 2020 certainly shifted priorities. Even if you could throw more money at a phenomenal potential hire, it’s not a guarantee that would be enough to entice them to take the job.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

Deadline for MP Elite 2022 submissions extended

Accounting Today

98
article thumbnail

7 Qualities of Highly Desirable Clients

Ronika Khanna CPA,CA

When you are a business owner/freelancer, there are few things that are better than landing a great client. Ones that ask great questions, respect our work and make us feel happy to have chosen the entrepreneurial route. Conversely there are bad clients who have unrealistic expectations, are unimaginative and often just plain clueless. Of course, as the service provider, it is also incumbent upon you to provide an exceptional service.

52
article thumbnail

Tech News: PitBull releases V. 7.0

Accounting Today

article thumbnail

[WEBINAR] Alternative Ways To Sell A Business

KROST

Join us for our complimentary webinar on Alternative Ways to Sell a Business. When most business owners consider the sale of their company, they normally think of a 100% sale to a competitor or strategic buyer. Whilst this is an option, it is, by no means the only one. Other options include a majority (but Read the full article. The post [WEBINAR] Alternative Ways To Sell A Business appeared first on KROST.

Sales 52
article thumbnail

Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

article thumbnail

On the move: Blackman & Sloop names new partner

Accounting Today

75
article thumbnail

How Better Workflow Can Be Your Firm's Secret Weapon | Canopy

Canopy Accounting

52
article thumbnail

How to Deal with Rude Clients in Your Accounting Practice

Patriot Software

We’ve all dealt with upset clients. Some don’t like your advice and others ignore it entirely. Some clients want things done yesterday and others just came to you yesterday and need things done tomorrow. Whatever the case is, rude clients are easy to come by. What can feel hard is conflict resolution with customers. Read […] READ MORE.

Account 52
article thumbnail

Deal Alert: Menzies Assist on MBO of BTTC Infrastructure LTD

Menzies

Menzies LLP - A leading chartered accountancy firm. Our Corporate Finance Team recently advised the senior management team of BTTC Infrastructure Ltd (“BTTC”) on a management buy out for an undisclosed sum. Founded in 2016, BTTC is a pioneering, high-performance infrastructure project consultancy with over 50 full time consultants working on projects in the UK and Canada.

article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

article thumbnail

Why People Follow You – Flashback Friday

RitaKeller

“If you help enough people get what they want, you will get what you want.” – Zig Ziglar. This week I am sending you back to 2014 for a blog post that asks the question, “Do people want to follow you?” Well, do they? Is it because of your title? Is it because you are a partner? Is it because you are easy to get along with?

40
article thumbnail

Democrats plan to extend Medicare solvency in new Biden tax bill

Accounting Today

Tax 98
article thumbnail

Friday Footnotes: PwC Partner$; The Ketamine Accountant; Deloitte Mexico Missed Some Stuff | 7.8.22

Going Concern

Wirecard’s former top accountant admits forging documents for KPMG special audit [ Financial Times ] Wirecard’s ex-head of accounting has admitted to forging documents requested by KPMG during a special audit, ahead of a trial that is set for later this year, according to people familiar with the matter. Stephan von Erffa is one of three defendants in a case brought by Munich prosecutors over the spectacular downfall of one of Germany’s highest-flying technology companies.

auditor 98