CPA Practice

JUNE 2, 2023

Abdo LLP, a leading full-service accounting and advisory firm based in Minnesota, announced today that HG&K, Ltd. Abdo is ranked as a Top 25 Accounting Firm by the Minneapolis/St. has merged with the firm. In this transaction, HG&K’s three partners and 16 staff members have joined Abdo effective June 1, 2023.

Minnesota

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina

Going Concern

OCTOBER 13, 2023

Big 4 alum and professor of accounting and finance at the College of Saint Benedict and Saint John’s University in Minnesota Boz Bostrom has penned a piece for the MNCPA blog on why, in his opinion and supported by research, the 150 hour rule must change. This has been my challenge with Minnesota.

cpas

Going Concern

MARCH 17, 2023

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs.

cpas

Going Concern

SEPTEMBER 6, 2023

Let’s note here quickly that many of the “anti-150” folks aren’t lobbying to abolish it completely but to offer alternative pathways such as Minnesota’s proposal to create a second pathway to licensure that would require 120 units of education and two years of experience. We needed to take some action.”

Minnesota

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina

Going Concern

APRIL 5, 2023

In a LinkedIn post published March 3 , CLA CEO Jen Leary — who graduated wayyyy back when only 120 units were required — threw her support behind Minnesota Society of CPAs’ initiative to add a second pathway that would allow CPA licensure at 120 units and two years of experience. Back to Jen and her LinkedIn post.

CPA

Going Concern

MARCH 22, 2024

Partner Accountability a ‘Gigantic’ but Overlooked Issue in CPA firms, Consultants Say [ INSIDE Public Accounting ] Most firm leaders believe strategic planning is important, but where firms often fall short is execution – particularly when it comes to holding partners accountable.

Minnesota

CPA Practice

FEBRUARY 7, 2023

The Hawaii Society of Certified Public Accountants is offering a webinar on February 17, 2023 titled Schedules K-2 and K-3: Why Even Partnerships and S Corporations with No Foreign Activities or Members May Need to Prepare These Forms. The Minnesota CPA and the MNCPA CPAPAC are offering CPA Day at the Capitol.

CPA

Going Concern

MARCH 10, 2023

of the Illinois Public Accountancy Act provides practice privilege to licensed CPAs from states that NASBA has verified “to be in substantial equivalence with the CPA licensure requirements of the Uniform Accountancy Act…” Thus, Illinois, like many states, has given NASBA authority that would otherwise rest with the Board of Examiners.

cpas

MyIRSRelief

JULY 3, 2023

Certified Public Accountants (CPAs): CPAs are licensed accountants with expertise in tax matters. Tax Attorneys: Tax attorneys are lawyers who specialize in tax law. They are qualified to represent clients in tax-related matters and provide legal advice during an audit.

audit

CPA Practice

APRIL 30, 2024

By Paul Walsh, Star Tribune (TNS) An Edina, MN-based certified public accountant tapped into her clients’ bank accounts and stole more than $340,000, according to federal charges. Jeana Ann Lautigar, 57, was charged Monday in U.S.

Minnesota

CPA Practice

MARCH 22, 2023

There has been much debate in certain corners of the accounting profession lately about whether the 150-hour rule for CPA licensure has contributed to the pipeline of accountants drying up in recent years —that and the subpar starting pay in public accounting and the long hours required to work, especially during busy season.

Texas

Going Concern

MARCH 15, 2024

State CPA institute says proposed rule change would put audit professionals at risk [ Central Penn Business Journal ] A new proposal by the Public Company Accounting Oversight Board (PCAOB) has the Pennsylvania Institute of Certified Public Accountants up in arms.

auditor

Going Concern

APRIL 25, 2023

I applaud NASBA for raising this possibility and exploring it with state boards of accountancy, since a comprehensive reinstatement effort could help offset hurdles to advancement that many CPA candidates faced due to circumstances outside their control,” said AICPA CEO of Public Accounting Sue Coffey in March.

CPA

CPA Practice

MARCH 23, 2023

Prior to his election as comptroller general, Eckstrom, a certified public accountant, served as state treasurer from 1994 to 1998. billion accounting blunder was the latest controversy for Eckstrom. In 2006, Eckstrom had to reimburse the state $670 for using a state van to go on a family vacation to Minnesota. “I

South Carolina

CPA Practice

MAY 14, 2024

The students are working through the universities and accounting firms to be able to get structured experience, so to speak, that fulfills the criteria with the right oversight and allows the credits to be on a transcript for the college,” Kessler told CPA Practice Advisor in an interview. The three concepts NPAG recommends are: 1. “The

cpas

Going Concern

OCTOBER 20, 2023

PKF Mueller Joins Cherry Bekaert to Expand Chicago Market Reach [ PR Newswire ] Cherry Bekaert is pleased to announce the completion of an acquisition transaction with PKF Mueller, a full-service certified public accounting and business advisory firm located in the metropolitan Chicago area.

CPA

CPA Practice

JUNE 1, 2023

(NABA) National Association of Enrolled Agents (NAEA) National Association of Tax Professionals (NATP) National Conference of CPA Practitioners (NCCPAP) National Society of Accountants (NSA) National Society of Black Certified Public Accountants, Inc.

institute of chartered accountants

CPA Practice

DECEMBER 14, 2023

We believe upending mobility would be a grave mistake,” said Susan Coffey, AICPA & CIMA’s CEO of public accounting. The AICPA intends to defend the system in states where it is under threat – currently Minnesota and South Carolina – and part of that defense is raising awareness about the stakes involved.

South Carolina

CPA Practice

OCTOBER 23, 2024

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

Rhode Island

CPA Practice

AUGUST 26, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve? million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve?

Rhode Island

CPA Practice

SEPTEMBER 20, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces? million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?

Rhode Island

CPA Practice

SEPTEMBER 3, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use? million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use?

Rhode Island

Going Concern

SEPTEMBER 25, 2023

Flinchum pleads guilty to misdemeanor Sexual Abuse [ Commonwealth Journal ] Terry Flinchum, a Certified Public Accountant (CPA), was accused by two victims in separate incidents of touching them inappropriately while they were in his home office on White Tail Run. “They had to be requested from the tow companies again.

tax preparation

Going Concern

JUNE 26, 2023

Here’s a cool profile on Myrna Bowie , who was among Minnesota’s first women Certified Public Accountants and is now likely the oldest practicing one at 90. The post Monday Morning Accounting News Brief: PwC Sells Off; Minnesota’s Oldest Woman Accountant | 6.26.23 I mean that.

Account

Going Concern

JUNE 2, 2023

Chicago Area Accounting Firms Porte Brown and RVG Partners Announce Merger [ PR Newswire ] Porte Brown LLC is pleased to announce its merger with RVG Partners, LLC effective June 1, 2023. The professionals from RVG, now operating under the Porte Brown name, will continue to service clients from their Oak Brook location.

cpas

CPA Practice

JULY 19, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system? million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system?

Rhode Island

CPA Practice

JUNE 27, 2024

He earned a JD, cum laude , from Syracuse University School of Law; an LLM in Taxation from Georgetown University School of Law; and a BA in Philosophy, cum laude , from Minnesota State University Moorhead. in Accounting from West Virginia University and is a member of the American Institute of Certified Public Accountants.

Healthcare

CPA Practice

DECEMBER 28, 2023

The survey polled chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles. Twenty-four percent of survey respondents expressed optimism about the outlook for the U.S.

cpas

Going Concern

FEBRUARY 5, 2024

Here’s a guy who started interning at a Minnesota firm in 2013 who just made partner. Westberg Eischens has promoted Jordan Smith to partner, according to a news release from the public accounting and advisory firm. The next year he was hired as a staff accountant and worked with audits, reviews and compilations.

Account

Going Concern

MAY 22, 2023

Widmer Roel hires Alec Tolson as an Audit Associate Alec Tolson has joined Widmer Roel, a local public accounting and business advisory firm, assisting the audit department. Alec previously worked for a regional accounting firm and has two years of experience. ‘Grats, Alec.

Account

CPA Practice

AUGUST 1, 2024

Tankersley, CPA.CITP, CGMA 03:43 And I would just say here that one of the things that that I think you want to look for your next generation product to solve, this is something that that I think I heard for the first time from a gal named Mary, that’s a CPA in Duluth, Minnesota. And our guidance still is in the accounting profession.

Technology

CPA Practice

JANUARY 2, 2024

The survey polled chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles. Twenty-four percent of survey respondents expressed optimism about the outlook for the U.S.

cpas

CPA Practice

SEPTEMBER 17, 2024

Forvis Mazars adds technology consulting practice to serve construction clients Forvis Mazars, LLP, ranked among the largest public accounting and consulting firms in the United States, is bolstering the services it offers clients in the construction industry through the launch of its Construction Technology Services consulting practice.

Construction

Going Concern

AUGUST 7, 2023

This firm in Minnesota no one’s ever heard of put out the cutest press release: DHA CPAs is happy to announce new talented professionals joining their team for accounting and financial services. James – Senior Accountant 2. billion over the past decade. Among the notable new team members are: 1.

Account

Going Concern

MAY 22, 2024

The leaders of the US accounting profession have signaled they could cut the education requirements for becoming an accountant, amid growing alarm about a shortage of new recruits. ” “I really hope Minnesota and others talking about this see value in working with the rest of the country,” Coffey said.

Education