Going Concern
JUNE 26, 2023
Stock photo of KPMG office in London. Look, the logo is the same ok. Rumors have been buzzing for a few weeks now that KPMG would be making some cuts, the most notable of these buzzes an extra buzzy post on Reddit suggesting an incoming RIF. This morning (Monday), all-hands calls started appearing in people’s calendars and, well, you know what happens after that.
Insightful Accountant
JUNE 26, 2023
Insightful Accountant is proud to announce the ProAdvisor of the Year along with the ProAdvisor Categorical Award recipients for 2023.
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CPA Practice
JUNE 26, 2023
By Rich Miller and Hannah Pedone – Bloomberg News (via TNS). The balance of power in the jobs market is slowly tilting back toward employers as companies become choosier with their hires and workers turn more cautious about quitting. A labor leverage ratio developed by ex-senior White House economist Aaron Sojourner that compares the level of quits to layoffs has retraced about two-thirds of the rise seen in 2021 and into 2022.
Xero
JUNE 26, 2023
We launched the Xero Singapore Awards five years ago to recognise and celebrate the tremendous contribution our Xero partners make to the small business community and the accounting industry. Sharing our passion for small businesses, they work tirelessly to champion their clients, advocate for digital transformation to deliver greater value, and take on new challenges to help their clients thrive.
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.
CPA Practice
JUNE 26, 2023
By David G. Savage – Los Angeles Times (via TNS). The Supreme Court announced Monday it will weigh in on the constitutionality of wealth taxes by deciding whether Congress may require taxpayers to pay their share of earnings from a foreign company, even if they received no dividends or income. The case of Charles and Kathleen Moore, and their $14,729 tax bill, has garnered much attention on the right because of what it could mean if progressive Democrats take control of Congress.
Insightful Accountant
JUNE 26, 2023
Just because you are not at Scaling New Heights doesn't mean you can't have an 'exhibit hall' of your own. Check out these eight new apps in the QuickBooks App Store, I guarantee it won't be nearly as many steps to walk.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Anders CPA
JUNE 26, 2023
Anders has been honored by the St. Louis Post-Dispatch as a 2023 Top Workplace, ranking #28 in the Midsize Employer category. For 12 years, the St. Louis Post-Dispatch has recognized the importance of effective leadership, motivated workers and strong values through the Top Workplaces list. Top Workplaces are named based solely upon employee feedback gathered through a third-party survey administered by research partner Energage.
Withum
JUNE 26, 2023
Withum is proud to share that Aaron Slaughter was named to the Washington Business Journal 40 Under 40 List for 2023. Aaron, who has over 12 years of experience in the industry, specializes in audits of multiemployer benefit plans and labor unions. He is a sought-after industry speaker, often speaking at multiemployer employee benefit plan conferences and providing training with the International Foundation of Employee Benefit Plans (IFEBP).
Insightful Accountant
JUNE 26, 2023
Health care provider, Crossroads Health, is using NetSuite Planning & Budgeting to expand services while managing margins.
Withum
JUNE 26, 2023
Withum is proud to share that NJBIZ named Ed Mendlowitz as a 2023 ICON Honoree. The publication recognized Ed for his outstanding contributions to the state of New Jersey in the accounting industry and business community and his dedication to lifelong mentorship and education. Ed is an Emeritus Partner with over 40 years of experience in the accounting industry.
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.
Accounting Seed
JUNE 26, 2023
Implemented by Accounting Seed certified implementation partner, Ayodia, AC Risk Management continues to beat the competition by spending more time face-to-face with clients and less time “in the books.” When you think of buying insurance, you don’t typically describe the experience as “memorable.” At AC Risk Management, their mission is, “to be different in an industry that has not changed in 100 years.
Withum
JUNE 26, 2023
Withum is proud to share that Great Place to Work has named Withum as one of this year’s Best Workplaces in New York. Ranking at number 18 on the Large Business list, Great Place to Work recognized the Firm for its outstanding culture and unique benefits, including flexible schedules, childcare benefits, and time off. The organization also noted positive management practices and top-of-the-line workplace technology.
CPA Practice
JUNE 26, 2023
Chicago-based BDO USA LLP will be known as BDO USA P.A. on July 1, after the sixth largest accounting firm in the nation by revenue officially changes from its current partnership structure to a professional services corporation based in Delaware. First reported by Going Concern on June 19 and confirmed by Bloomberg Tax on June 21, the move gives BDO USA certain advantages that “position our firm for ongoing success as we continue to grow and transform,” it said in a statement to Bloomberg Tax.
Withum
JUNE 26, 2023
Stratos Cloud Alliance, a Microsoft Cloud Solution Provider (iCSP), specializing in Dynamics 365 business solutions, named Withum an honoree at their Partner of the Year Awards. Withum was named the Progressus Partner of the Year for its significant revenue growth, client excellence, and investment in Progressus Advanced Projects for Dynamics 365 Business Central.
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.
CPA Practice
JUNE 26, 2023
Back in February, KPMG announced internally it would be cutting about 2% of its workforce —specifically 700 or so employees from its advisory practice—because, according to KPMG U.S. Vice Chair of Advisory Carl Carande, “we continue to have more people than needed to meet client demand.” Four months later, the same issues persist at KPMG, which has resulted in the Big Four firm telling staff on Monday that it’s planning to cut another 5% of its U.S. workforce—this time impacting folks in audit a
Insightful Accountant
JUNE 26, 2023
According to the' '2023 Avalara Accountants Confidence Report,' your clients may need input on staffing, taking out lines of credit and dealing with inflation costs. Are you ready to heed the call?
CPA Practice
JUNE 26, 2023
The American Institute of CPAs (AICPA) has submitted comments on the treatment of certain non-fungible tokens (NFTs) as collectibles under section 408(m) and are encouraging the Department of the Treasury and the Internal Revenue Service (IRS) to issue guidance on specific issues to assist taxpayers in properly reporting transactions with virtual currency and digital assets.
Withum
JUNE 26, 2023
Withum is proud to share that Jennifer Keshwar , Audit Principal, was named by the Florida Institute of Public Accountants (FICPA) as a Woman to Watch Nominee for 2023. The FICPA’s Women to Watch Awards is an annual program that recognizes outstanding women in the accounting profession, celebrating two categories of emerging and experienced leaders.
Advertiser: Paycor
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.
CPA Practice
JUNE 26, 2023
With 75% of the current CPA workforce hitting retirement age in 2020 and declining enrollment in undergraduate accounting programs nationwide, top 30 accounting firm UHY is widening its recruitment efforts to include high school students. Earlier this month, the Farmington Hills, MI-based firm launched its Junior Connect recruitment program, which is specifically geared toward high school students who are interested in pursuing accounting as a college field of study and career.
Going Concern
JUNE 26, 2023
Welcome to the last Monday morning news brief for the month of June. We’ll have some big layoff news coming this afternoon, if you work there you have already gotten a calendar invite (sorry!). Anyway, here’s what else is going on. Early this morning Reuters published a gruesome timeline of PwC scandals and failures going all the way back to 2009.
VJM Global
JUNE 26, 2023
In case of export of goods without payment of IGST under Letter of Undertaking ( LUT ) or Bond, the taxpayer is entitled to claim refund of accumulated Input Tax Credit. For this purpose, taxpayer is required to file a refund application in Form GST RFD-01 along with all supporting documents. While processing the refund application, All zero-rated supplies are cross-checked with Shipping bills available on ICEGATE gateways.
Cherry Bekaert
JUNE 26, 2023
In the fallout from the recent bank failures, many banks and non-bank financial institutions, are reviewing their Third-Party Risk Management (TPRM) exposure, while balancing the need for outside sources to help them meet the demands generated by regulation, economic cycles, technological developments, resource constraints and competitive pressures.
Speaker: Cheryl J. Muldrew-McMurtry
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
CPA Practice
JUNE 26, 2023
AICPA & CIMA praised the release today of two new global sustainability disclosure standards from the International Financial Reporting Standards (IFRS) Foundation. The standards – IFRS S1, General Requirements for Disclosure of Sustainability-related Financial Information , and IFRS S2, Climate-related Disclosures – were developed by the International Sustainability Standards Board (ISSB), the relevant standard-setter within the IFRS Foundation.
Cherry Bekaert
JUNE 26, 2023
How has the rapidly changing macroeconomic landscape impacted private equity firms and valuations of private companies? Between the aggressive interest rate hikes instituted by the Fed to combat surging inflation, and a decline in the S&P 500 of more than 19%, public equity and fixed-income markets faced significant challenges throughout 2022. These macroeconomic headwinds have continued into 2023, and, when combined with recent instability in the banking system, have resulted in an elongate
FraudFiles
JUNE 26, 2023
Determining the income of the parties to a divorce or child custody case is critical, as it affects spousal support and child support. It may also affect the division of assets, particularly if there are income-producing assets to be divided.
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