Going Concern

OCTOBER 10, 2024

In a post published on October 7th by Montclair State University titled “ Top 5 Reasons to Transition to an Accounting Career ” that can be best described as a thinly veiled advertisement for their Master’s program, the university explains “why making the leap into accounting might be the best move you ever make.”

accounting careers 72

accounting careers managerial accounting accountant Account 72

CPA Practice

MARCH 17, 2023

But according to a new survey, women feel most unfairly compensated when they work in—wait for it—finance. According to Fishbowl by Glassdoor, a whopping 63% of women in finance jobs believe their pay doesn’t add up, compared with only 53% of male professionals. The pay gap, even in top finance roles, is well-documented.

accountant 121

accountant Account accounted accounting and finance 121

CPA Practice

APRIL 7, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. By Cameron White. Technology also gives staff real-time access to their data, from anywhere at any time.

accounting firms 139

accounting firms CPA Technology accountant 139

Cherry Bekaert

AUGUST 31, 2023

Contributors: Jack McKee, Manager, Government & Public Sector With staffing challenges and exceedingly more complex Government Accounting Standards Board (GASB) requirements , many government and public sector organizations are finding it difficult to focus on their core mission and deliver results for constituents.

Government 98

Government accountant Account accounted 98

CPA Practice

APRIL 3, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. By Cameron White. Technology also gives staff real-time access to their data, from anywhere at any time.

accounting firms 135

accounting firms CPA Technology accountant 135

Going Concern

JULY 29, 2024

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals. … In essence, the US accounting crisis presents a unique opportunity for Indian accountants.

CPA 116

CPA accountant Account accounted 116

CPA Practice

APRIL 4, 2024

The charges identified Kroger as a professor of business and accounting, but does not specify where. According to the indictment, Kroger and a business partner identified only as “Individual A” set up a Wyoming-based company called Lone Star Municipal Finance Company LLC in October 2019.

Real Estate 74

Real Estate accountant Account accounted 74

Accounting Insight

OCTOBER 8, 2024

One of the UK’s favourite visitor attractions has chosen the award-winning accounting software system, iplicit , as the platform to handle its finances. iplicit will help streamline a finance operation which embraces commercial trading entities and a charity, the National Motor Museum Trust.

accounting software 52

accounting software accountant Account accounted 52

Going Concern

JANUARY 23, 2023

Brazilian retailer and PwC client Americanas filed for bankruptcy, its three largest shareholders said over the weekend they had not known of $4 billion in accounting inconsistencies. “We didn’t know of and would never allow any accounting manipulation in the company”, they said in a statement.

public accounting 116

public accounting accountant Account accounted 116

Going Concern

JANUARY 25, 2023

When Thomson Reuters reported late last year that the Financial Accounting Standards Board (FASB) had proposed an eighth round of changes to lease accounting rules 1 , accounting and finance execs around the country channeled their inner Charlie Browns with a collective, “Good grief!”

accountant 105

accountant Account accounted Real Estate 105

Accounting Insight

MAY 26, 2023

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process. The announcement was made ahead of the accountancy and finance conference Accountex London.

Accounts Payable Automation 72

Accounts Payable Automation Technology accounts payable accountant 72

CPA Practice

APRIL 19, 2024

By Stacy Parker, The Virginian-Pilot (TNS) A Virginia Beach, VA, accountant pleaded guilty April 12 to stealing more than $1 million from a client and using an additional $250,000 in COVID-19 small business relief money for personal bills. Maria Reich, 45, former president of On Call Accountants, pleaded guilty in U.S.

Virginia 59

Virginia accountant Account accounted 59

Going Concern

JUNE 24, 2024

It’s Monday, June 24, 2024 and this is your news in and around the accounting profession. Raconteur profiled OnlyFans CFO Lee Taylor : It was the desire to hold “an influential position at an interesting company” that led Lee Taylor to accept a job as chief financial officer at OnlyFans back in 2019. Good morning!

accountant 98

accountant Account accounted audit 98

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

accounting software 98

accounting software quickbooks accountant Account 98

Accounting Insight

MAY 11, 2022

True cloud accounting software provider iplicit has today (11 May) launched its Automation Centre feature at Accountex. Enabling organisations to increase efficiency, reduce human error, eliminate manually intensive processes, the iplicit Automation Centre can save accounting and finance teams hundreds of hours every month.

accounting software 69

accounting software Technology accountant Account 69

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? The lease accounting standard became effective in 2019 for public companies.

accountant 52

accountant Account accounted Technology 52

CPA Practice

JULY 25, 2023

This webinar will look at common and not so common lies accountants tell themselves. Field of Study: Business Management and Organization Register Today Presented by Ryan Lazanis , CPA founded Xen Accounting, a 100% cloud-based accounting firm, in 2013. Already registered for this webinar? Click here to log in.

accountant 52

accountant Account accounted Indiana 52

Cherry Bekaert

MAY 16, 2023

Authors: Kenneth Woodring , Senior Manager, Risk & Accounting Advisory Services , Graham Michitsch , Senior Manager, Risk & Accounting Advisory Services Congratulations to successfully completing your implementation of ASC 842 and IFRS 16 – Leases. Has the monitoring process been included in your internal control framework?

accountant 98

accountant Account accounted accounting and finance 98

Going Concern

FEBRUARY 10, 2023

Talent As tax season approaches, accounting firms are short on staff [ Marketplace ] Oh hey! How can employers optimise working environments to support the needs of their accountancy teams and ultimately retain them, all while adding value to their organisation? The stablecoin firm released BDO’s assurance opinion on Feb. 31, 2022.

Florida 105

Florida Tax North Dakota accountant 105

PYMNTS

JUNE 24, 2020

The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. The Last Days of Paper? Businesses took 8.6

AP Automation 95

AP Automation Technology accountant Account 95

Going Concern

MARCH 13, 2023

Bloomberg also reported on Saturday that Leerink and his team are seeking help to finance a potential management buyout of the business, as told to Bloomberg by a source that did not want to be identified. ” So while it’s not directly in the eye of the shitstorm, it is part of the same landfill as the bank’s dumpster fire.

accountant 105

accountant Account accounted auditor 105

Cherry Bekaert

AUGUST 10, 2023

How to Nearshore Your Supply Chain While Capturing Financial Gains and Avoiding Tax Pitfalls Modern supply chains have grown increasingly layered as they account for separate continental end markets, manufacturing facilities and scarce raw materials spread across multiple geographies.

Finance 98

Finance Tax Manufacturing Legal 98

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. Digital commerce is a capital-intensive business model, he said, and keeping pace with buyer demand puts a strain on finances. Small Business, Big Challenges.

Finance 142

Finance B2C B2B accounting and finance 142

Going Concern

OCTOBER 9, 2023

Miller, a veteran finance executive who was lured to EY from the commodities trading firm Cargill, had been lined up to become chief financial officer of the consulting business if the spin-off had gone ahead. Who says accounting doesn’t pay?? The survey will close Dec. Here’s an interesting case.

accountant 69

accountant Account accounted Iowa 69

Going Concern

APRIL 15, 2024

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. But what about the books of the auditor?

audit 64

audit accountant Account accounted 64

Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

accountant 52

accountant Account accounted CPA 52

PYMNTS

NOVEMBER 25, 2020

In an effort to assist small business owners in Britian on a greater scale, small business accounting software company FreshBooks has teamed with Barclays to offer joint offerings to customers in the country. The news comes after FreshBooks teamed with Three UK, the telecom and mobile service firm, in 2019. 25) announcement.

small business accounting software 94

small business accounting software accountant Account accounted 94

Going Concern

SEPTEMBER 5, 2023

Stout served as the exclusive financial advisor to BDO and led the ESOP structuring, financing process, and execution on behalf of the company. Stout also served as the sole debt placement agent on a term loan financing led by Apollo-managed funds to facilitate the ESOP. The transaction closed on August 31.

accountant 64

accountant Account accounted chartered accountant 64

Going Concern

DECEMBER 16, 2022

Leaders of the accounting powerhouse are talking to private-equity firms as they draw up plans for the sale of EY’s consulting arm, the people familiar with the matter said. Quiz: Test your remote audit knowledge [ Journal of Accountancy ]. Reports: BDO USA, LLP (6/20/2019 Report). Does it pay to be an accountant?

public accounting 98

public accounting accountant Account accounted 98

CPA Practice

OCTOBER 28, 2024

Conference activities centered around small business practices, advisory services, professional tax services, and accounting firm management will be held from October 28-30. Under his leadership, Intuit has transformed from a tax and accounting platform to the global financial technology platform.

quickbooks 104

quickbooks accounting and finance New York Education 104

Going Concern

OCTOBER 16, 2023

“Twice in a row, exam fraud is shown at the top of major accountancy firms, where exemplary behaviour should be expected. The AICPA’s Sue Coffey wrote an opinion piece for Accounting Today. Our talent challenges are real, but perspective about the opportunities and appeal of an accounting career has been lacking.

accountant 72

accountant Account accounted Tax 72

Withum

AUGUST 2, 2024

According to a federal indictment and a guilty plea, Ippei Mizuhara, Shohei Ohtani’s interpreter, unlawfully transferred more than $16 million from Ohtani’s bank account at a bank in Arizona to pay his gambling debts to an illegal bookmaking operation. During the account setup, Mizuhara translated for Ohtani.

Gambling 105

Gambling Arizona accounting and finance bookkeeping 105

PYMNTS

JULY 22, 2020

Recent events have irrevocably changed the way finance departments operate, bringing to light glaring issues with the current processes. Paper checks — once dominant in all areas of commerce, now extinct for most consumers — have slowly lost ground, slipping to a meager, yet still surprising, 42 percent of all B2B payment types in 2019.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology AP Automation 60

Going Concern

OCTOBER 11, 2022

These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide. Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers.

Education 104

Education accountant Account accounted 104

Katz,Sapper&Miller

AUGUST 20, 2019

Katz, Sapper & Miller’s Justin Hayes, director in the firm’s Governmental Services Group, will present at the Central Indiana Chapter of the Association of Government Accountants’ 2019 Conference. Taking place on Sept.

Indiana 67

Indiana Government accountant Account 67

CPA Practice

AUGUST 6, 2024

Brown Plus Welcomes Four New Team Members Leading accounting and advisory firm,Brown Plus, recently announced the hiring of four new team members: Michael Corona started with Brown Plus as an intern and is now an Audit Associate. He graduated from York College with a Bachelor’s degree in Accounting. Sikich Announces 2024 James A.

Pennsylvania 105

Pennsylvania Illinois accounting internships Ohio 105

Accounting Insight

OCTOBER 25, 2024

A prestigious group of hotels has chosen UK-based iplicit’s award-winning cloud accounting software as the platform for running its finances. The management’s current focus is to build on the investments it has made since 2019 into bedrooms, public areas, hotel systems and self check-in/check-out service.

Technology 52

Technology accounting and finance Hospitality accounting software 52