CPA Practice

AUGUST 10, 2023

Kendra Decker will serve as the national managing partner of the firm’s Professional Practice, effective immediately. Decker assumes her new role from Mary Ropes, an Audit partner at Grant Thornton, who retires after more than 35 years of service at the firm.

audit 98

audit accounting principles Texas accounting standards 98

Going Concern

MAY 13, 2024

This time, Deloitte sent a team of dozens of young consultants who got to work triaging complaints from fed-up recipients of Measure 110 grants. Previously, Calvert served as Managing Partner for Markets and Accounts, as well as Managing Partner for the Tax practice. As such, we made changes to address this concern.

Oregon 91

Oregon Account accountant accounted 91

ThomsonReuters

APRIL 2, 2024

Jump to: The allegations The IRS investigation Ohtani’s response Implications for Ohtani and the Dodgers Broader impact on professional sports Uncovering the truth The Internal Revenue Service (IRS) launched an investigation into the financial scandal involving Shohei Ohtani, the star player for the Los Angeles Dodgers.

Gambling 105

Gambling Sports Legal Tax 105

CPA Practice

FEBRUARY 7, 2024

6 that it’s combining with Cole Gavlas, a Portage, MI-based firm that provides a wide range of accounting services to their clients, including tax, business advisory, financial management, and other advisory offerings. Financial terms of the deal, which will become official on June 1, weren’t disclosed.

cpa firm 64

cpa firm Michigan CPA Indiana 64

MyIRSRelief

FEBRUARY 8, 2023

In this article, we will delve into what these terms mean, why they are important, and how to choose the right professional to help you. Los Angeles Tax Preparation Service Tax preparation refers to the process of gathering, organizing, and preparing the necessary information and documents to complete your tax return.

tax services 130

tax services Tax tax preparation tax planning 130

CPA Practice

MARCH 15, 2024

Financial terms of the deal haven’t been disclosed, but the Financial Times reported today that Grant Thornton has agreed to sell “a majority stake” to New Mountain Capital, an investment firm headquartered in New York City. Baker Tilly is no longer the largest U.S. Grant Thornton recorded a record $2.4

Legal 80

Legal Technology New York accounting firms 80

CPA Practice

FEBRUARY 15, 2024

In a letter sent to leadership of the Senate Banking Committee and the House Financial Services Committee, the American Institute of CPAs expressed serious concerns with the Financial Crimes Enforcement Network Beneficial Ownership Information reporting requirement which went into effect on January 1, 2024.

cpas 81

cpas 81

Withum

NOVEMBER 10, 2023

November 11th is celebrated as Veteran’s Day, and along with Memorial Day, it is a solemn remembrance of the brave people who served in our armed forces to protect the freedoms and way of life we benefit from and enjoy. Both served and fought in World War II in Europe, and both led exemplary lives. God Bless America!

Education 59

Education Tax 59

CPA Practice

JANUARY 3, 2024

Financial terms of the deal were not disclosed. We believe that expanding our presence in the Memphis area through the addition of WTD is in line with that focus. We believe that expanding our presence in the growing Memphis market and Covington area are another step in that evolution.”

cpas 59

cpas Tennessee Mississippi Arkansas 59

ThomsonReuters

JULY 6, 2023

What are business advisory services? Business advisory services capitalize on the unique insight of accounting firms to make a profitable shift from serving clients as a once-a-year tax compliance processor to a year-round strategic business advisor. Making this transition, however, requires a change in mindset.

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

FEBRUARY 16, 2024

Happy trails to IRS Criminal Investigation unit chief Jim Lee who is retiring on April 6. It has been the honor of my career to serve as the chief of CI and represent the 3,000-plus employees within the division” Lee said in a statement on Feb. I will miss the job, my colleagues, and the challenges we faced together.”

Tax 52

Tax Government Finance 52

Going Concern

MARCH 1, 2024

Another example of the Big 4 evading transparency so we don’t have the full picture. All of us are expected to be servicing clients or respectively managing teams. I still serve clients. Tom Imbesi, [Deloitte’s chair], still services clients. Are federal IT systems supporting the targeted service outcomes?

audit 111

audit Nebraska auditor chartered accountant 111

Shay CPA

MAY 15, 2024

To help you pinpoint the right job titles and responsibilities for your first few designated hires, we have a few tips. Bringing on someone who specializes in payroll can help you overcome obstacles and stay compliant. This way, you get someone who can help with planning and predicting your company’s trajectory.

Finance 52

Finance Technology accounting and finance payroll 52

CPA Practice

OCTOBER 23, 2023

Accounting firms know that offering only tax preparation services makes maintaining consistent cash flow and workloads throughout the year challenging. Adding financial services to your accounting firm can help bridge the gap and allow you to have a consistent workload year-round. Do your clients offer financial services?

accounting firms 105

accounting firms Account accountant accounted 105

CPA Practice

MARCH 27, 2024

(WFY) has teamed with Integrated Partners, a national financial planning and registered investment advisory firm, resulting in WFY launching a new wealth management practice. We are an experienced Southern California wealth manager providing financial advocacy to families and businesses both nationally and internationally.”

cpas 59

cpas California cpa firm CPA 59

CPA Practice

FEBRUARY 28, 2024

Top 300 accounting firm Draffin Tucker has expanded into South Carolina by merging with Baldwin & Associates, an accounting firm offering financial and accounting services to clients in the greater Charleston area and along the state’s coast since 2003. “We Baldwin & Associates shares this same philosophy—what a perfect match!”

South Carolina 59

South Carolina accounting firms Account accountant 59

CPA Practice

NOVEMBER 10, 2023

The AICPA recently recognized the contributions of 11 finance professionals during the 2023 AICPA & CIMA Forensic and Valuation Services Conference held in Las Vegas in November. Currently, she is a Director of Valuation and Litigation Services at Boyle, Deveny & Meyer, PC in Missoula, MT. in Westmont, N.J.

forensic accounting 69

forensic accounting CPA accounting and finance chartered accountant 69

CPA Practice

JUNE 20, 2023

Practitioners who fall under the ruling may be subject to an investigation by the FTC which could result in steep penalties and fines for not complying – up to $43,000 per day. While that part seems clear, there is confusion as to WHO this ruling applies to. Annually, staff are trained, and the WISP is reviewed for updates needed.

payroll 98

payroll CPA tax preparation auditor 98

CPA Practice

OCTOBER 23, 2023

Financial terms of the deal were not disclosed. 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. is a full-service accounting and advisory firm serving clients in Kentucky, Indiana, and elsewhere.

Kentucky 59

Kentucky cpa firm CPA Indiana 59

Going Concern

MARCH 25, 2024

Do you guys remember the Deloitte auditors in Canada who were busted changing the clocks on their computers to backdate workpapers ? Let’s take a look, shall we? We’ll include how many workpapers each partner personally backdated so we can keep score. Still at Deloitte: Yes. Still at Deloitte: Yes.

auditor 115

auditor audit CPA 115

CPA Practice

SEPTEMBER 6, 2023

The question in the title of this article is one the Treasury Inspector General for Tax Administration (TIGTA) recently tried to answer for some members of Congress who asked the IRS watchdog to evaluate employees moving between large accounting firms and the IRS, often referred to as the “revolving door.”

accounting firms 119

accounting firms Account accountant accounted 119

CPA Practice

NOVEMBER 28, 2023

The firm will operate as Dean Dorton and provide accounting, business advisory, and professional services to clients from offices in North Carolina, Indiana, Ohio, and Kentucky. Established in 1946, VonLehman is a full-service CPA and business advisory firm with offices in Kentucky, Ohio, and Indiana.

North Carolina 105

North Carolina Kentucky Indiana Ohio 105

Cherry Bekaert

MARCH 6, 2024

Offering Simple Solutions to Complex Requirements Growing businesses are challenged when complying with financial statement tax reporting requirements. At Cherry Bekaert, we tailor our solution to your unique situation in order to best support your finance team.

Tax 52

Tax accounting principles financial statements income tax 52

CPA Practice

NOVEMBER 14, 2023

13-15, more than 2,500 accountants learned about many new product and feature innovations that will help them serve their clients through the QuickBooks Online ecosystem. Our 2023 event doubled down on how AI-driven innovations can help accountants and the small businesses they serve gain insights to make more informed business decisions.

quickbooks 119

quickbooks E-commerce Approval Workflows Account 119

ThomsonReuters

MARCH 8, 2024

How can you build your service offerings to better serve your clients and grow your CPA firm through accountability? To move forward and truly grow your CPA firm, you first have to know exactly where and who your firm is. How do firms think ahead to provide better services for their clients? This is how we do things.

cpa firm 96

cpa firm CPA Technology Tax 96

CPA Practice

MARCH 1, 2024

The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed Lisa Washburn to the position of vice chair and has appointmented David Goldman and Deborah L. Washburn will serve in the role of vice chair for the GASAC for the remainder of her final term on the GASAC, which will conclude on December 31, 2024.

financial accounting 52

financial accounting Account accountant accounted 52

Cherry Bekaert

OCTOBER 5, 2023

Enter the importance of a cloud-based digital financial management solution. The current economic fluctuations, coupled with compliance and cybersecurity risks, are challenging middle-market businesses and financial teams to streamline accounting processes and leverage digital technologies and data to automate and drive growth.

Real Estate 115

Real Estate Account accountant accounted 115

ThomsonReuters

JULY 6, 2023

If you are an accounting professional who has been contemplating a change in career path, you’re not alone. From financial planner to investment banker to business analyst, there are many roles to consider if you find yourself looking for something new. But where do you start? Why are so many accountants quitting?

Account 98

Account accountant accounted accounting and finance 98

CPA Practice

NOVEMBER 7, 2023

The AICPA recently recognized the contributions of 11 finance professionals during the 2023 AICPA & CIMA Forensic and Valuation Services Conference held in Las Vegas in November. Currently, she is a Director of Valuation and Litigation Services at Boyle, Deveny & Meyer, PC in Missoula, MT. in Westmont, N.J.

forensic accounting 59

forensic accounting CPA accounting and finance chartered accountant 59

Going Concern

APRIL 5, 2024

The Early Career Rising Star honoree is Vivian Newton, who received both her bachelor’s (2016) and master’s (2017) degrees in accounting, along with an Honors College Degree. She is serving a two-year rotation as a manager in Grant Thornton’s SEC Regulatory Matter Group in Washington, D.C.

auditor 98

auditor audit Oklahoma CPA 98

CPA Practice

JANUARY 23, 2024

Financial terms of the deal weren’t disclosed. Founded in 1990, MahoneySabol’s 60-plus accounting professionals and administrative support staff serve clients throughout the region. Giamalis and Company has a stellar reputation, and we are excited to welcome their team into our organization.”

accounting firms 52

accounting firms tax planning audit tax services 52

CPA Practice

SEPTEMBER 18, 2023

Sidney Kess, a nationally renowned tax lawyer and accountant, author of hundreds of tax books on financial and estate planning, educator, and a friend to many in the profession, passed away on Sunday at the age of 97. Before embarking on his long career in the accounting profession, Kess, who was born on Jan.

Tax 111

Tax cpas CPA New York 111

CPA Practice

APRIL 15, 2024

It’s exciting to consider the possibilities that AI holds and how it will continue to revolutionize how we live and work. We believe embracing innovation, particularly the transformative power of AI and automation in general, is key to ensuring long-term success in the profession. What is next?

CPA 122

CPA Technology accounting and finance cpas 122

CPA Practice

MARCH 13, 2024

The Internal Revenue Service announced today that Guy Ficco will become the new IRS Criminal Investigation chief effective on April 1. Ficco, the current Deputy Chief and a 29-year agency veteran, will succeed James Lee, who announced last month that he will retire at the end of March. We are here to protect U.S.

Healthcare 52

Healthcare Washington New York accounting and finance 52

Going Concern

APRIL 26, 2023

Blockworks’ job hunter says the other Big 4 — you know who they are — show zero. At Deloitte, we provide services using an approach designed to provide the flexibility to serve the unique circumstances and complexities of our clients. But we did find out they’re expanding the blockchain practice!

audit 111

audit accounting and finance Tax financial accounting 111

Going Concern

OCTOBER 18, 2023

But no, that’s actually what the research in “ Externalities of Financial Statement Fraud on the Incoming Accounting Labor Force ,” published in the Journal of Accounting Research , appears to have found. The phys.org write up is titled : Accounting is facing a labor crisis. Could fraud be part of the solution? the output).

Account 115

Account accountant accounted Florida 115

Going Concern

MARCH 18, 2024

Here we are, another Monday. Due to a technical issue on the website over the weekend, our weekend discussion on private equity in the profession was deleted — along with a few earlier posts that we were thankfully able to recover. Deloitte is reorganizing globally according to the little birdies who speak to Financial Times.

Account 99

Account accountant accounted audit 99