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Sorry, Private Equity, RSM Doesn’t Want Your Money

Going Concern

It was only a little more than two years ago that EisnerAmper became the first top 20 accounting firm to bring private equity into the mix. Since then, “private-equity investors have been buying their way into the world of accounting, planning, and advisory services” or so Journal of Accountancy wrote in February 2023.

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Digital transformation in tax: K-1 Analyzer paves the way to automation

ThomsonReuters

In the digital age, tax executives must shift from traditional tax roles in order to be ready for changes that are coming to the industry. The challenge for tax professionals is finding the time to focus on strategic objectives when their plates already are filled with traditional tax functions.

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

Going Concern

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline. Certainly, credit goes to all who are attempting to do something.

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The Accounting Technology Lab Podcast: Jan. 2024 – Recap of Thomson Reuters Synergy Conference

CPA Practice

But one of the one of the major things I think that needs to be said about it is that the major the major AI initiative that TR is chasing is the is incorporating sure preps document and information ingesting process on the front end of a tax return. That’s the CEO about the allocation of AI to tax and accounting.

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Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting problems in Signal Mountain began in 2021 and increasingly got worse, he said. What was not done by the town had to be done by the accountants.

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