The Boomerang: Who Says You Can’t Go Back to Public Accounting?

Going Concern

Most people who leave public accounting have absolutely no intention of going back. These days public accounting would probably take you back in a heartbeat if you changed your mind. One of the friends at the dinner worked in finance at a local publicly traded company.

How Are Public Accounting Salaries Stacking Up For 2022? (Part 5, Century Group)

Going Concern

It’s been a minute since we’ve talked about projected salaries for this year in public accounting, and compensation discussions will be happening for many of you in mere months. For more information, here is our previous coverage of 2022 accounting salary projections.

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The Moment I Knew I Was Done With Public Accounting For Good

Going Concern

When did you decide you were done with public accounting? Four months before the inspection, one of my large public clients went through a merger and we lost the audit. Another public client in our office gobbled it up for some needed manager-level review and supervision.

Marcum Leads Public Accounting In Posting Awkward Busy Season Pizza Party Photos on Social Media

Going Concern

Marcum employees are living that public accounting busy season stereotype one slice of pizza at a time. The post Marcum Leads Public Accounting In Posting Awkward Busy Season Pizza Party Photos on Social Media appeared first on Going Concern.

Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

It is possible to run an Accounting Firm and never do tax returns or financial statements! Tom Bowman, Owner of Bowman & Company, CPA, PC shares his journey and 10 step process for going from Technician to Business Owner.

You Know Things Are Bad In Public Accounting When First-Years Are Getting Dragged By Interns

Going Concern

We love a good rant—whether about public accounting in general or about a co-worker, like this one posted on Fishbowl yesterday by a Big 4 intern about a staff 1 he/she works with who sucks at Excel, won’t shut up about work-life balance (or the lack thereof), and has no desire to take the CPA exam.

Partners Jim Bourke and Ed Mendlowitz Rank as Top Influencers in Public Accounting

Withum

Withum’s Jim Bourke and Ed Mendlowitz continue to shape the public accounting landscape and earn respect from their industry peers. ” Mendlowitz offers over 40 years of public accounting experience to those seeking his counsel.

INSIDE Public Accounting Ranks KROST Among Top 100 Firms in the US in 2021

KROST

Pasadena, CA – INSIDE Public Accounting (IPA) named KROST CPAs & Consultants Top 100 Firm, Top 100 Fastest-Growing Organic Growth Firm, Top 100 Fastest-Growing All Growth, and best of the best in 2021. View INSIDE Public Accounting’s 2021 Top 100 Rankings ».

Withum’s Jim Bourke and Ed Mendlowitz Named in 100 Most Influential People in Public Accounting

Withum

News

Wilkinson to Present at Kentucky Society of Public Accountants Spring Business Conference

Katz,Sapper&Miller

JC Wilkinson, a director in Katz, Sapper & Miller’s Business Advisory Group, will present at the Kentucky Society of Public Accountants Spring Business Conference

INSIDE Public Accounting Names KSM a “Best of the Best" Accounting Firm

Katz,Sapper&Miller

Katz, Sapper & Miller has been identified by INSIDE Public Accounting (IPA) as one of the top 50 accounting firms (over $5 million in revenue) in the country. This is the 15th year that KSM has received this honor

PwC Canada Is the Latest Big 4 Firm to Get Busted By Regulators For Employees Cheating on Internal Training Courses

Going Concern

These KPMGers took part in an answer-sharing scheme—either by providing or receiving answers—on mandatory training courses covering topics that included independence, auditing, and accounting. 24 and $200,000 by the Canadian Public Accountability Board on Feb.

Best Practices to Prepare for Client Meetings

PASBA

As an accountant, your clients depend on you to provide them with the most current financial data available. Your fellow members at Professional Accounting Small Business Association (PABSA) can give you more information on how they make client meetings as efficient as possible. PASBA feature accounting advice accounting clients accounting firm business owners certified public accountant client communication client meetings client services cpa prepare small business owners

How to Stay Profitable With an All-Remote Team

PASBA

These great resources are provided by our partners at Jetpack Workflow, the leading workflow software provider for accountants and bookkeepers. PASBA feature accounting clients accounting firm accounting firms business owners certified public accountant client communication client experience client touchpoints happy clients join pasba professional accounting association small business accounting association

AICPA, CPA.com Roll Out Tool For PPP Forgiveness

PYMNTS

To automate the Paycheck Protection Program (PPP) forgiveness procedure for small- to medium-sized business (SMB) owners, the American Institute of Certified Public Accountants (AICPA) and CPA.com rolled out the PPPForgivenessTool.com website.

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AICPA, Biz2Credit Launch PPP Portal For CPAs To Help SMBs

PYMNTS

To help certified public accountant (CPA) firms advising small- to medium-sized businesses ( SMBs ) on Paycheck Protection Program (PPP) forgiveness and additional financing choices, the American Institute of Certified Public Accountants (AICPA) along with its CPA.com division and Biz2Credit said in an announcement that they are rolling out the CPALoanPortal.com platform.

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How to Change Accountants, & Why You’d Want a Change

LSLCPAs

Changing accountants could very possibly be the best thing you do all year. The post How to Change Accountants, & Why You’d Want a Change appeared first on LSL CPAs.

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US Local Governments And The Slow Death Of The Check

PYMNTS

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments.

Aussie Accountants Brace For Industry Disruption

PYMNTS

Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Reports in Money Management on Thursday (March 15) said the IPA’s Vice President, Sam Zervides, issued a statement encouraging accountants to collaborate and explore value-added services, particularly for small businesses (SMBs).

AICPA News: May 2022

CPA Practice

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Accounting & Audit

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Accounting Firm Website: 7 Must-haves

Patriot Software

There are 46,000 public accounting firms in the United States. And let’s say that at least half of those firms (23,000) have an accounting firm website. Accountant ProfessionalThere are over one billion websites in the world. Scrap that.

KSM Honored as a Top 50 Accounting Firm for 19th Year

Katz,Sapper&Miller

Katz, Sapper & Miller has been named one of the “Best of the Best” accounting firms in the country by INSIDE Public Accounting (IPA) for a 19th time

Tim Cook Named CEO and President of Katz, Sapper & Miller

Katz,Sapper&Miller

Katz, Sapper & Miller, Indianapolis’ largest certified public accounting firm, announced the election of Tim Cook, a 17-year KSM veteran, as its next firm leader.

Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time

AdviceForTaxpreparers

My name is Bill Meador and I am writing a book to help tax staff succeed in a public accounting firm tax department. Since I do not plan to sell this book through a publishing company, I need another way to market the book to the public. No tax or accounting experience required.

Building CPA Practice From Scratch: Luke Gheen

BuildYourFirm

in Colorado Springs, did – in his early 30s and without any public accounting experience. There is a such a need in the accounting industry,” he says. “A Luke is a long-time resident of Colorado with extensive corporate finance and accounting experience.

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6 Rules of Audit Room Etiquette

Going Concern

Aiden is a former Big 4 assurance senior manager who bounced between public accounting and industry three times during the past 15-plus years. As workers return to the office, many auditors find themselves visiting client sites for the first time.

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KSM Honored as a Top 50 Accounting Firm for 18th Year

Katz,Sapper&Miller

INDIANAPOLIS, IN – Katz, Sapper & Miller (KSM) has been named one of the “Best of the Best” accounting firms in the country by INSIDE Public Accounting (IPA) for an 18th time

Episode 066: Look at the Film Industry Tax Credit Business with Irene Waschler

BuildYourFirm

The Association for Accounting Marketing has been around since 1989 when accounting firms could start advertising for their services. When it comes to accounting, they’re clueless and they need help. Accounting Marketing Podcast

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Episode 068: A conversation with Allan Koltin

BuildYourFirm

For twenty consecutive years, Allan has been named by Accounting Today as one of the Top 100 Most Influential People in the accounting profession. In 2016 CPA Practice Advisor inducted Allan into the Accounting Hall of Fame. It now has to accounting and data analytics.

Become a Member of PASBA to Enjoy These Benefits

PASBA

Are you a public accountant, certified public accountant, or enrolled agent who would like to earn more business, learn new skills, and connect with fellow accounting professionals? If so, we invite you to learn more about the many benefits of joining the Professional Accounting Small Business Administration (PASBA). At PASBA, it’s our goal to transform the way our members think about their role as an accountant.

PPC and EIDL Loans – Impact Upon Practice Transition

DentalAccounting

Lee Pennington CPA LLC in Atlanta, GA and specializes in dental practice accounting. To support his dental clients, Lee is also a member of the Dental Accounting Association , Certified Tax Coach (CTC) and Georgia Society of Certified Public Accountants.

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The Fortune 100 Best Companies to Work For: RSM US #40 (2022)

Going Concern

When it comes to the Fortune BCTWF, gone are the days of the Big 4 firms being ranked among, say, the top 50 companies and then you have a midtier public accounting firm or two ranked somewhere between Nos.

Sales tax and accounting services

TaxConnex

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes.

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Keeping People

RitaKeller

Research has shown that public accounting loses a lot of good people (and many females) when they believe public accounting will not accommodate their personal and career choices. Women want to start a family so they think they must leave public accounting. “But day in and day out, the most stimulating part of the work is being a member of a team of so many very bright, articulate and talented professionals.” – – Randy West.

In the Trenches: My Three Least Favorite Audit Rooms

Going Concern

Audit rooms come in all shapes and sizes—usually small, often windowless, sometimes with chairs you can actually sit on, and almost always as far away from the finance/accounting department as possible.

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Growing From $225K to $100M By Focusing on Execution | FREE BOOK OFFER

BuildYourFirm

Gary Shamis, Principal at Winding River Consulting, has had an accomplished career in accounting, developing his dad’s bookkeeping firm from $225,000 to roughly $100 million. Master of Accountancy, The Ohio State University B.S.

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Engage Your Employees – Don’t Lose Them

RitaKeller

As you all know, finding, hiring, and retaining people has become even more of a concern for public accounting firms. Some firms are holding their partners accountable for engaging and retaining valued team members. “You give loyalty, you’ll get it back.

Podcast: Advantages and Disadvantages of ESOPs

Katz,Sapper&Miller

Mark Flinchum and Andy Manchir of Katz, Sapper & Miller’s ESOP Services Group, along with Mark Kossow of Clark Hill, join Jim DeLuccia on the “CPA Conversations” podcast hosted by the Pennsylvania Institute of Certified Public Accountants (PICPA

Rethinking

RitaKeller

While money is part of the issue for accounting firms, life/work balance and a pleasant work culture are key. Things like mandatory Saturdays during busy season, a long-standing practice in public accounting, is being discontinued by some progressive firms. Always focus on communicating the exceptional benefits of working in public accounting. Also, life/work balance has become commonplace in public accounting.

Here’s Everything We Know So Far About 2022 Accounting Salary Projections

Going Concern

With the ongoing Great Resignation across all industries and the critical pipeline problem contributing to a shortage of accountants , the profession is in a bit of trouble. Senior tax accountant: 1.4%. Tax accountant, 1-3 years’ experience: 1.6%.