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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Determining the deal momentum in the longer term will likely depend on how much of Trump’s tax, energy, trade and regulatory agenda is enacted.” Up to a third of staff at some of the nation’s top accounting firms are located offshore and leaders say the trend will only accelerate as they seek to cut costs and deliver work more quickly.

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Withum Climbs to #16 on Vault’s Top Accounting Firm List

Withum

While tax season typically involves extended working hours and deadline pressures, Withum promotes a healthy work-life balance outside that time. This ranking reflects how accounting professionals view the reputation and industry position of their peers. The entire Vault Accounting 25 list is available here.

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KROST Recognized by Los Angeles Business Journal as Top Accounting Firms 2022

KROST

As trusted advisors and industry leaders, clients depend on KROST for timely information, innovative solutions, and results-driven teamwork in the areas of accounting, assurance, business management, consulting, tax, mergers & acquisitions, and wealth management.

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PwC Once Again Tops the Vault Accounting 25, EY Almost Didn’t Make the List

Going Concern

The Accounting 25 rank tells us factors other than prestige — like culture, satisfaction, compensation, and training — pushed PwC to #1. PwC also ranks first in all three Practice Area Rankings (Audit & Assurance, Tax, and Forensic Accounting). EY came in allllllll the way down at #25 with a score of 2.984.

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Plenty of Other Firms Were Winners in Vault’s 2024 Accounting Rankings

CPA Practice

But those weren’t the only firms to receive kudos from Vault, a website that provides career resources and advice to students and job seekers. Each year Vault recognizes the top accounting firms in several different workplace categories, based on the feedback it receives from a survey of accountants.

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Time-saving APIs make data visibility possible for Baker Newman Noyes

ThomsonReuters

If there is one challenge that resonates amongst large tax and accounting firms, it’s data visibility. Because most firms are using disconnected systems, getting a bird’s eye view across all data sets can seem next to impossible. Founded in 1995, BNN is a U.S.

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TIGTA Does Some Digging on the Revolving Door Between the IRS and Large Accounting Firms

Going Concern

The Treasury Inspector General for Tax Administration released a report Tuesday [ PDF ] they initiated in response to a Congressional request from Sen. to evaluate employees moving between large accounting firms and the IRS, a.k.a The Congressional request specifically noted interest in large accounting firms.