Going Concern

SEPTEMBER 8, 2022

First, we had EY ’s top brass approving splitting its auditing and consulting businesses (no surprise here). Then we had Deloitte announcing its global revenue for 2022 —and it’s a record amount (no surprise here either). Let ’s take a look at Deloitte’s 2022 by the numbers : $30.7 The Green Dot pulled in $59.3

audit 98

audit Legal accounting firms Government 98

Going Concern

DECEMBER 31, 2022

With just seconds left in 2022 (this is scheduled to publish on 11:59 PM on December 31st), let’s take a quick look back on the ten stories that seemed to have the most buzz this past year. Which is good because things cost more now in December than they did when that was written in June.

accountant salary 105

accountant salary audit accounting and finance Tax 105

CPA Practice

NOVEMBER 21, 2023

Data from Bank of America shows that average 401(k) balances increased by $7,250 (9.6%) since the end of 2022. The number of participants taking hardship distributions increased 36% year-over-year, following increases in first quarter this year. in first quarter). in first quarter). throughout the first half of 2023.

Account 59

Account accountant accounted 59

Withum

FEBRUARY 2, 2022

As many customers are learning now about the Microsoft 365 price increase in March 2022 (10% increase on average), now is a suitable time to revisit your options and lock in to today’s pricing or face a substantial increase in the next few months. March 2022 – any new subscriptions are only available thru NCE.

Start-ups 103

Start-ups Technology 103

ThomsonReuters

NOVEMBER 24, 2021

According to the CAA, the first reporting deadline is December 27, 2021, and subsequent deadlines are June 1st of each succeeding year. Calendar year 2020 information is required to be submitted by December 27, 2021; calendar year 2021 information by June 1, 2022 calendar year 2022 information by June 1, 2023; and so on.

Hospitality 98

Hospitality Government Tax Account 98

Xero

JUNE 26, 2022

That’s right, Xerocon is back for 2022 ! . As the world’s most innovative and beautiful conference for cloud accounting leaders, you can look forward to two days of inspiration, education and engagement. What to look forward to at Xerocon Sydney . But get in quick – this deal ends at 11:59pm (AEST) on 30 June 2022.

Education 92

Education Gaming Account accountant 92

Going Concern

JULY 1, 2022

Big4Veteran (@Big4Veteran) June 30, 2022. Big4Veteran (@Big4Veteran) June 30, 2022. Lisa Hemann (@LisamarieHemann) June 30, 2022. Big4Veteran (@Big4Veteran) June 30, 2022. Shona C Barker (@ShonaCBarker) June 30, 2022. twuench) June 30, 2022. going_concern.

Account 59

Account accountant accounted audit 59

Going Concern

MARCH 12, 2024

Another said: “Still in shock, lack of transparency resulting in [a] lack of trust, the floor looks disconnected.” In the 12 months to EY’s FY23 year end in June 2023, deals revenues were up eight percent to approximately £635 million (~$811 million USD). growth between 2022 and 2023 for $16.1 billion of the $45.5

Government 112

Government Sales Account accountant 112

Going Concern

MAY 13, 2024

Look out, Big 4. On June 4, Cherry Bekaert is holding a Employee Retention Credit updates webinar. Deloitte inserts itself into some Oregon political drama, an extensive Willamette Week report : State Invoices Show Oregon’s Favorite Fixer Playing a Key Role in Mopping Up Measure 110 In 2022, Oregon state officials faced a growing mess.

Oregon 91

Oregon Account accountant accounted 91

CPA Practice

SEPTEMBER 12, 2023

in August as more people entered the labor market looking for jobs. growth in June. in June, “suggesting that consumers are digging into their finances to support household spending.” in June, “suggesting that consumers are digging into their finances to support household spending.” compared with 3% in June.

Retail 64

Retail Entertainment Michigan Sales 64

CPA Practice

SEPTEMBER 6, 2023

workers from 2019 through 2022 to see if there was a relationship between receiving a promotion and leaving the company. Within a month after receiving their first promotion, 29 percent of people had left their employer. In August 2023, the EMC Index fell from 108 to 100, its lowest point since June 2022.

Construction 115

Construction Healthcare Transportation Education 115

Cherry Bekaert

MAY 3, 2024

Accounting and finance employment is projected to grow 4% from 2022 to 2032, with about 126,500 openings for accountants and auditors each year on average. Offer Flex-Schedules According to a 2022 survey , a whopping 99% of accountants were suffering from some level of stress. retirement).

accounting and finance 105

accounting and finance Finance Account accountant 105

Xero

JUNE 20, 2023

Yes, you heard it here first. Save the date for Xerocon London, which will return next year from 12-13 June 2024, hosted at ExCeL in London’s Docklands. You can find out more about previous Xerocon events , to get an idea of what the two days have in store, and what there is to look forward to.

bookkeeping 83

bookkeeping Account accountant accounted 83

TaxConnex

JULY 15, 2021

1, 2022, though, all retailers must apply the destination sourcing rules when calculating, collecting and remitting state sales tax. North Carolina revenue collections for the year ending June 30 will be $1.9 As of Feb. Illinois lawmakers have passed S.B. billion more than once anticipated. more than in May 2020.

Sales 141

Sales Tax Louisiana North Carolina 141

Cherry Bekaert

JUNE 5, 2023

GASB 96, Subscription-Based Information Technology Arrangements (SBITA) is effective for years beginning after June 15, 2022, just one year after GASB 87, Leases. We will look at factors that impact both the subscription term and subscription liability evaluation for your contracts.

audit 52

audit Government Technology 52

CPA Practice

SEPTEMBER 6, 2023

Everydays: The First 5000 Days sold for $69.3 The first NFTs represented digital assets, not physical goods or services in the real world. In January 2022, Puerto Rico proposed treating NFTs like digital products for tax purposes. Everydays: The First 5000 Days is an example of static NFT digital art. By Gail Cole.

Washington 121

Washington Pennsylvania Technology Tax 121

Going Concern

JUNE 2, 2023

“If you can train or use a model that gets a lot of efficiency first, you will get an advantage in that particular area of the business that is harder for a second mover to do,” said Pär Edin, who leads innovation in KPMG’s US deal advisory and strategy business. “It It is about getting there first for each and every particular use case.”

cpas 105

cpas audit auditor E-commerce 105

Withum

MAY 26, 2022

On top of these events, there may be more shipping delays with the West Coast Dockworkers’ contract expiring on June 30, 2022. Here are some ways companies are trying to avoid a supply chain backlog for their products: Companies will look to pull any holiday season orders forward to get them in the port before July.

Manufacturing 102

Manufacturing Washington California CPA 102

Going Concern

JULY 8, 2022

PwC made an average profit per partner of £920,000 in the year to the end of June 2022, up from the previous record of £868,000 the year before and £765,000 in 2019 before the pandemic, according to unaudited figures. Campers can also get a rundown of how to manage their first job by learning about employee benefits and how taxes work.

auditor 97

auditor Account accountant accounted 97

Going Concern

JULY 25, 2023

Her resignation comes amid scrutiny of the actions of the general counsel’s office in 2019, when the US Securities and Exchange Commission was looking into allegations of widespread cheating on training exams, including ethics tests. The post EY’s Top In-House Lawyer Just Quit appeared first on Going Concern.

CPA 98

CPA 98

Shay CPA

JANUARY 25, 2023

That can get more complicated than you may initially think, so it’s worth taking a closer look. The contract was signed on January 1, 2022 for $12,000 and so, on that date, the customer paid Tagore, Inc. On a cash basis of accounting, the revenue would be recorded in January 2022. Cash Basis Revenue January 2022 $ 12,000.00

accrual accounting 52

accrual accounting accounting principles accounting and finance Start-ups 52

Going Concern

SEPTEMBER 28, 2023

Here’s an example of a specific problem as described by the FCA in a December 2022 news release : In one case, a new customer opened an account as a small translations business with expected monthly deposits of £5,000. Santander’s problems with its anti-money laundering systems and controls led to a £107.7

Start-ups 64

Start-ups Account accountant accounted 64

Cherry Bekaert

OCTOBER 25, 2023

120 Staff Announcement at the March 24, 2022 EITF Meeting ASU 2023-03 This Update amends certain Codification guidance specific to SEC filers. the entity historically issues awards in January, but is now issuing awards prior to a press release in June). incurred credit losses”). incurred credit losses”). incurred credit losses”).

financial statements 111

financial statements accounting and finance accounting standards Finance 111

CPA Practice

JUNE 26, 2023

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. Wage impact Amy Laiker, who heads the New York office of Tiger Recruitment, has seen the tilt in the labor market first hand.

payroll 110

payroll New York Start-ups 110

Going Concern

JANUARY 12, 2024

Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. million in audit fees in 2022.) in 2022/23, slightly up from £32.8m Tingo paid $1.6 in 2021/22.

audit 109

audit auditor Illinois CPA 109

Xero

OCTOBER 27, 2022

We’ve published the usual metrics for Australia, New Zealand and the UK for the month of September, as well as data on the US and Canada for the three months to June including sales, time to be paid, and late payments. . Our XSBI data shows sales growth has generally been slowing so far in 2022 in all five of the countries we’ve reported on.

Sales 88

Sales bookkeeping 88

Snyder

OCTOBER 30, 2022

The answer is ‘yes’ if you approach the upcoming 2023 tax filing deadline for the Tax Year 2022 preparation wisely. Read till the end to find a helpful table with all important 2023 Tax Deadlines for the Tax Year 2022! When are 2022 taxes due? Important deadlines for 2022 tax season in 2023. When are 2022 taxes due?

tax preparation 98

tax preparation E-commerce Tax income tax 98

Going Concern

JANUARY 3, 2024

FT published an interview today with Brian Becker , RSM US CEO and managing partner since 2022, in which he states RSM will not be jumping on the private equity train that some firms have embraced this decade. Not so great is that [owners] look for an exit. Who says the old partnership model is dead?

tax preparation 105

tax preparation accounting and finance cpas Tax 105

ThomsonReuters

AUGUST 26, 2022

Businesses involved in importing and exporting have been subject to changing global regulations, geopolitical upheaval, and logistical disruptions, are now looking for ways to build resilience in their supply chains and even gain a competitive advantage in the face of such rapid change.

Virginia 97

Virginia corporation tax audit Legal 97

Going Concern

OCTOBER 30, 2023

It will need to be ratified by member firms in individual countries in the coming weeks, after which Kande would take over from current chair Bob Moritz next June. Current PwC US CEO and notorious overworker Tim Ryan was considered a favorite to step into BoMo’s shoes however he decided instead to dip out next June instead.

Account 104

Account accountant accounted auditor 104

Going Concern

AUGUST 26, 2022

“While it is true that the IRS has a criminal investigation unit that looks into certain fraudulent tax violations such as money laundering, cybercrimes, and organized crime involving drugs and gangs, recent claims of 87,000 new armed IRS agents to aid in enforcement are not rooted in fact.” ” Will enforcement go up?

tax return 110

tax return Government Tax CPA 110

CPA Practice

JUNE 2, 2023

In this transaction, HG&K’s three partners and 16 staff members have joined Abdo effective June 1, 2023. They chose Abdo primarily because of the culture alignment, as both firms have a “people first” mentality. As we celebrate Abdo’s 60th anniversary, our future has never looked so bright,” said McDonald.

Minnesota 95

Minnesota accounting firms Account accountant 95

Going Concern

JUNE 15, 2022

KeithKauffman (@KeithSKauffman) June 15, 2022. You just have to get through a very unpleasant gauntlet first. Looks like Keith has been collecting some good responses so far. Now, for the next question: — KeithKauffman (@KeithSKauffman) June 15, 2022. appeared first on Going Concern.

Account 116

Account accountant accounted CPA 116

Going Concern

AUGUST 8, 2022

The IRS has been buying more guns and ammo in recent years, snapping up nearly $700,000 in ammo in early 2022. Deloitte is looking for a new CEO in India. billion, for the 12 months to June 30, 2022. appeared first on Going Concern. EY Australia announces revenue growth of 19 percent to $2.75

Account 100

Account accountant accounted audit 100

Cherry Bekaert

JULY 5, 2023

IFRS Sustainability Standards The International Sustainability Standards Board (ISSB) published its inaugural standards on June 26, 2023; IFRS S1, General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. SEC proposed climate-related disclosure rules in March 2022.

Non-Profits 93

Non-Profits accounting and finance Government Finance 93

CPA Practice

MAY 1, 2023

For those looking for a quick primer, WebFX created a six-minute video. In June 2022, Hinge Marketing released “Why a B2B Account-Based Marketing (ABM) Strategy Must Be A Priority,” which says traditional and digital marketing and sales tactics aren’t working as well as they once did. Why does my firm need ABM?

B2B 119

B2B Sales Education Account 119

CPA Practice

JANUARY 3, 2024

This article first appeared on the Avalara blog.] Sales tax holidays typically last for a day, a weekend, or a week, though they’ve been known to go on for months or even years (we’re looking at you, Florida and Tennessee). on the first Saturday of August and ends at 11:59 p.m. Do all states have a tax holiday?

Sales 78

Sales Nevada Tax West Virginia 78