ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

tax planning 78

tax planning Tax Technology tax return 78

ThomsonReuters

FEBRUARY 28, 2024

Alicia Shaul ’s path to accounting was less than traditional. A culture of happiness and growth In the six years after she became a CPA, Shaul worked at several accounting firms and experienced some less-than-ideal managers. By this time, she had also acquired a number of clients whom she had trusted relationships with.

cpa firm 98

cpa firm CPA Non-Profits financial statements 98

CPA Practice

JANUARY 2, 2024

PKF Mueller Joins Cherry Bekaert to Expand Chicago Market Reach Cherry Bekaery, an assurance, tax and advisory firm, recently completed an acquisition transaction with PKF Mueller , a full-service certified public accounting and business advisory firm located in the metropolitan Chicago area.

Illinois 114

Illinois Pharmaceutical E-commerce audit 114

CPA Practice

JANUARY 19, 2024

Accounting Thought Leaders Say CAS Will Become a Must for Firms in 2024 As technology continues to dramatically shape the accounting profession, the latest big conversations have been around AI and automation. The Role of Accounting in CAS 7. Pricing CAS Services 4. Or is it CAS (Client Advisory Services)?

accounting firms 78

accounting firms Account accountant accounted 78

CPA Practice

APRIL 19, 2024

By Gail Cole One of the most effective ways for an accounting practice to increase revenue and promote client satisfaction is to offer additional services that are essential to client compliance and success. The tax compliance landscape is incredibly complex; you can help your clients navigate it.

Technology 69

Technology Tax audit Account 69

CPA Practice

OCTOBER 24, 2023

many of these entrepreneurs have long relied on the services of tax professionals or CPAs for year-end compliance needs, and to retroactively compile, reconcile and correct their clients’ books and produce financial reporting. Most of the firm’s nearly 1,000 clients are venture-funded startups and small businesses with under 50 staff.

Sales 111

Sales Tax bookkeeping services bookkeeping 111

Basis 365

AUGUST 8, 2023

With the dynamic business landscape, many companies are turning to outsourced accounting firms to streamline their financial processes and gain access to specialized expertise. Outsourcing accounting functions can offer numerous benefits, including cost savings, improved accuracy, and enhanced efficiency.

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

APRIL 11, 2024

CohnReznick LLP , an advisory, assurance, and tax firm, has established a new Digital advisory practice. As we continue to build out our digital team and technology partners, we are committed to helping clients recognize and leverage the transformative power that digital strategies can have on their businesses.”

NetSuite 52

NetSuite Technology accounting and finance Finance 52

CPA Practice

NOVEMBER 13, 2023

Top 50 accounting firm Cohen & Co. This includes the firms’ five partners and approximately 30 team members. “Szymkowiak and PEAR are entrepreneurial at their core with deep business advisory expertise. We look forward to our continued investment in this region, from a people, community and client perspective.”

CPA 110

CPA tax consultant auditor audit 110

CPA Practice

JANUARY 31, 2024

The worldwide network of accounting and advisory firms CLA Global Limited, has added eight firms in Germany as alliance members. The organization offers one of the largest financial outsourcing services and private client and wealth advisory platforms of any global accounting organization.

Agriculture 52

Agriculture Entertainment audit Healthcare 52

Snyder

JULY 13, 2022

The accounting industry has undergone some serious technical changes due to technological advancements but first and foremost due to a global pandemic. Accounting firms have been forced to drastically change working environments and the way they work, as well as reconsider the services they provide. Contents: 1.

Account 105

Account accountant accounted cpas 105

CPA Practice

MAY 12, 2023

accounting profession is facing a much-discussed conundrum. Approximately 300,000 professionals left public accounting in 2021 and 2022 and fewer college students are choosing to pursue accounting as a career. This is why many firms are increasingly turning to outsourced resources.

bookkeeping 98

bookkeeping accounting firms CPA accounting and finance 98

ThomsonReuters

NOVEMBER 9, 2023

In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background. Outsourcing is a viable option for firms who need a temporary boost in bandwidth.

tax planning 105

tax planning accounting firms Tax Account 105

CPA Practice

NOVEMBER 14, 2023

Tuscon, AZ-based BeachFleischman recently said that Nogales, AZ-based Jeong Lizardi joined the top 200 accounting firm on Nov. In addition, BeachFleischman gained 10 client service and administrative professionals, including co-founder Leonard Lizardi, who was named a tax principal and managing principal of the Nogales office.

Arizona 59

Arizona tax preparation bookkeeping tax planning 59

CPA Practice

OCTOBER 23, 2023

Accounting firms are continuously innovating, developing new offerings and finding new ways to stand out in a crowded field. New clients will always be important for firms, but existing clients offer a path for maximizing internal resources while expanding services. By Richard Corn, CPA.

Technology 115

Technology audit Expense Management CPA 115

CPA Practice

APRIL 3, 2024

Accounting software company Botkeeper has released its Botkeeper Infinite solution, which helps to streamline automated bookkeeping and back-office accounting for firms of all sizes without the need for outsourcing. Additionally, it allows firms to add services for even greater time savings and efficiency. “The

Technology 64

Technology general ledger bookkeeping accounting software 64

CPA Practice

APRIL 15, 2024

As the accounting landscape undergoes a paradigm shift driven by the relentless march of technology, businesses are committed to staying ahead of the curve. Barriers to AI adoption in accounting The accounting profession has historically had a culture where data plays a prominent role.

CPA 122

CPA Technology accounting and finance cpas 122

CPA Practice

JANUARY 17, 2023

Top 20 firm Eide Bailly has found ways to help clients stay in compliance with these varying regulations and minimize the audit risks they pose. As a result, many existing and potential clients are looking to their trusted advisor to help reduce risk and get into full compliance. Wayfair, Inc., Auditors are becoming more active.

Technology 98

Technology Sales Tax South Dakota 98

CPA Practice

FEBRUARY 8, 2024

Hiline , a provider of financial-operations-as-a-service that helps business clients manage risk, improve outcomes, and make better decisions, has acquired Calculate , a New York-based outsourced accounting and finance firm focused on serving emerging companies.

New York 52

New York accounting firms Account accountant 52

CPA Practice

APRIL 19, 2023

As a leader in your firm, you likely have ambitious goals to impact your clients’ bottom lines and grow your firm. But to reach those objectives, you need a team, and that’s becoming increasingly difficult to find if you’re hiring accountants. You’ll also have far fewer people leaving the firm due to burnout.

Technology 123

Technology CPA tax return auditor 123

Ryan Lazanis

SEPTEMBER 19, 2023

In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. 1) Focus on the Client Your website is a marketing tool that will communicate how you will improve the lives of your clients. Let’s go!

Account 98

Account accountant accounted bookkeeping 98

CPA Practice

OCTOBER 23, 2023

Top 40 accounting firm LBMC, which is based in Brentwood, TN, is merging in Louisville-based CPA firm Strothman & Co. transaction will add 60 professionals and brings LBMC to a total of five locations, with more than 850 team members, serving more than 11,000 clients across the nation. The Strothman & Co. Strothman & Co.

Kentucky 59

Kentucky cpa firm CPA Indiana 59

CPA Practice

NOVEMBER 29, 2023

Chicago-based accounting firm NDH Advisors has acquired Leawood, KS-based tax and accounting firm Stratus Group. Dallas private-equity firm Unity Partners acquired NDH last May , providing the accounting firm with capital, strategic, and operational support as NDH looks to expand through organic growth and strategic acquisitions.

Kansas 52

Kansas cpa firm CPA tax accountant 52

AccountingDepartment

FEBRUARY 9, 2023

It’s common for business owners to feel stretched to the limit with the services they have. Yet this isn’t necessarily the case — particularly regarding client accounting services (CAS). But why are these services so important? What are client accounting services?

Account 94

Account accountant accounted bookkeeping 94

CPA Practice

SEPTEMBER 13, 2023

Top 30 accounting firm Cherry Bekaert said on Sept. Cordia Partners is a full-service provider of outsourced accounting, business advisory, technology, and business process consulting services. Cordia Resources provides recruiting and staffing solutions for Cordia Partners’ local and national clients.

accounting firms 59

accounting firms Account accountant accounted 59

Going Concern

JUNE 28, 2023

And although finding and developing talent did drop from the top spot to the fourth spot overall due to input from small and midsize accounting firms, the hunt for talent is still very much a top priority at large firms.” With talent out of the way, let’s talk about client service.

tax preparation 84

tax preparation cpa firm accounting firms Tax 84

PANALITIX

AUGUST 10, 2022

We are helping lot of Accountants with outsourcing their work, especially to ‘offshore’ locations. Many Accountants are excellent at accounting and some are good in business development. Fee pressure also urges Accountants to reduce costs. Often reasons put forward include: “my Clients won’t like it” OR. “it

tax preparation 100

tax preparation bookkeeping Start-ups payroll 100

Accounting Insight

SEPTEMBER 7, 2023

Azets , the UK outsourcing, compliance and advisory group, has today announced its strategic partnership with cloud accounting platform provider Dext to underpin and support the implementation of its Digital strategy. Dext and Azets share a common goal of digitising the accounting workflow.

Technology 59

Technology Account accountant accounted 59

CPA Practice

MARCH 29, 2023

You know your local market and target clients better than anyone else. Unfortunately, we do not see people shortages being resolved anytime soon, and most firms have taken the approach that outsourcing is the short-term answer. He explained why a tax advisory service in your firm is a reasonable extension of your existing expertise.

Technology 114

Technology CPA tax planning quickbooks 114

PANALITIX

DECEMBER 8, 2021

Growing Your Accounting Firm… Without Hiring. It’s good news that many Panalitix clients have grown their businesses this year and want to expand in the next 12 months. Accountant: We want to continue growing. Accountant: . Accountant: It’s a battle! What about outsourcing? . More clients to take care of.

accounting firms 130

accounting firms Account accountant accounted 130

CPA Practice

APRIL 19, 2024

Unlike the old days when public practice CPAs rarely spoke to anyone but clients and other team members during tax season, it is evident that CPA firms have become year-round businesses. The accounting profession faces a significant talent shortage, with many firms struggling to find and retain qualified staff.

Technology 72

Technology cpa firm CPA Non-Profits 72

CPA Practice

JUNE 20, 2023

Professional accounting and tax firms face continually increasing challenges that require innovative solutions to drive growth and mitigate risks. Challenge 1: Talent Scarcity As the demand for skilled professionals in the accounting industry grows, talent acquisition and retention have become increasingly challenging for accounting firms.

accounting firms 98

accounting firms Legal cpa firm Account 98

Nancy McClelland, LLC

DECEMBER 1, 2023

Insightful Accountant is hosting their last Future Forward virtual conference of the year on December 5-6, and I’m delighted to be presenting an exciting topic that resonates with the theme of Niches, Trends, and Predictions for 2024. Let’s talk about co-firming as one of the accounting trends of 2024.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

Nancy McClelland, LLC

DECEMBER 1, 2023

Insightful Accountant is hosting their last Future Forward virtual conference of the year on December 5-6, and I’m delighted to be presenting an exciting topic that resonates with the theme of Niches, Trends, and Predictions for 2024. Let’s talk about co-firming as one of the accounting trends of 2024.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

CPA Practice

JANUARY 30, 2024

NDH Advisors has acquired Houston-based CPA firm Jain & Jain—the second transaction the Chicago accounting business has made in as many months. NDH’s first foray into M&A was last November when it acquired Leawood, KS-based tax and accounting firm Stratus Group. Terms of the deal weren’t disclosed.

cpa firm 52

cpa firm CPA Utah Texas 52

CPA Practice

JUNE 28, 2023

With 39% of business owners reporting that they find managing finances and accounting a key challenge, there’s a great opportunity for CPAs to step into an advisory role and support entrepreneurs with tech tools. This is true not just for business owners, but for accountants too,” said Shimamoto.

Technology 118

Technology E-commerce quickbooks cpas 118

CPA Practice

OCTOBER 4, 2023

In the same way that accountants utilize real-time data to provide proactive advice to their CAS clients, accountants can also utilize the latest in modern spend & expense management tools and resources to offer their clients the visibility they need into their SMB’s cash flow.

Spend Management 59

Spend Management Expense Management Account accountant 59