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Accounting Firms Saw 9.1% Median Growth in Revenue in 2022

CPA Practice

Public accounting firms in the United States reported strong top-line and bottom-line growth in their latest fiscal year results, driven by high demand for their services, according to a survey by the American Institute of CPAs and the Chartered Institute of Management Accountants. That rate eclipses the 4.2%

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The Big D Once Again Tops the INSIDE Public Accounting Top 500 List

Going Concern

INSIDE Public Accounting released its annual Top 500 list last week — a.k.a. The combination of too few professionals and high demand is pushing firm leaders to merge up, outsource tax work and hire non-CPAs, among other strategies. The question now is whether year-over-year growth of 18% will continue next year.”

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Listicle of the Day: INSIDE Public Accounting’s Top 500 Firms For 2022

Going Concern

INSIDE Public Accounting has blessed us with a fresh Top 500 Firms list which means lots and lots of measuring. Here are your top 25 firms for 2022. We’ve included 2021 INSIDE Public Accounting Top 400 rankings in parenthesis for comparison: Deloitte (1). Thank you, INSIDE PA, thank you. Grant Thornton (7).

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MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.”

Going Concern

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs. We welcome your feedback and questions.

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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

million to federal political parties from July 2012 to June 2022, and when KPMG ($1.1 Audit Bitcoin Miner Riot Dumps Auditor for ‘Big Four’ Accounting Firm [ Blockworks ] Riot Platforms is looking to switch accounting firms as the landscape for crypto company auditors remains in flux. Big four consultancies win $1.4

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4 Reasons Why the Profession Is Struggling to Convince Students to Become CPAs, #4 Will Not Shock You

Going Concern

. “In my view, the future of the CPA profession is at risk,” writes Yigal Rechtman, CPA, CFE, CITP, CISM in a letter to the editor published by The CPA Journal. There is another way of putting this: Accounting is a profession whose brand has not been diluted.

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Changes to Tax Credits and Deductions Could Mean Smaller Refunds or Higher Taxes in 2023

CPA Practice

The IRS began accepting tax returns in late January, and if you were hoping for a bigger tax refund—or at least a smaller tax bill—in the new year, some tax law changes impacting the upcoming 2022 tax year filing season may dampen your spirits. The Illinois CPA Society reminds taxpayers that CPAs, certified public accountants, can help.

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