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Another Accounting Firm Has Had Its Data Breached

Going Concern

Spotted on JD Supra , SCP&H filed a notice of data event with the Attorney General of Montana on January 24, 2024 [ PDF ] that states the firm discovered “unauthorized access to the firm’s email tenant and storage site” from June 6, 2023 to July 12, 2023. What Happened?

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Accounting Firms that Embrace Cloud Tech See Higher Growth, Says Survey

CPA Practice

Accounting firms employing cloud-based technology solutions experience higher levels of growth, but many are still grappling with how to harness the full power of such tools for strategic benefit. However, a very low number of firms – only 9% – believe they are maximizing the use and value of their current technology.

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Citing Rising Costs, Accounting Firms Plan to Increase Fees in 2025

Going Concern

90% plan to increase fees for individual tax returns, 87% plan to increase fees for business tax returns, 85% plan to increase fees for bookkeeping and accounting, and 76% plan to increase fees for CFO and controller services. 57% of accounting firms plan to increase fees across all services in 2025. Or at least half-in.

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Are accounting firms keeping remote work positions?

ThomsonReuters

Many of today’s accounting professionals have a new perspective on when and how they want to work. Are firms heeding the call? The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders.

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Anders Jumps to #3 on 2024 List of Largest St. Louis Accounting Firms  

Anders CPA

Louis’ largest accounting firms by the St. Anders came in third on the list, moving up one spot from number four in 2023. The rankings were determined by the number of local CPAs employed by each firm. Louis Post-Dispatch naming Anders a 2023 Top Workplace. Louis accounting firms ranked by CPAs.

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3 Ways ChatGPT Can Help Accounting Firms

CPA Practice

In the example below we asked ChatGPT to “Create an excel formula to calculate the depreciation on year 1 for an asset placed into service on June 30th, 2023 with a 10 year useful life and a depreciable base of $100,000.” and it provided both the logic and answer to the question which can be copied into excel.

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How do different accounting firms use AI?

ThomsonReuters

Jump to: How many accounting firms use AI? How do smaller accounting firms use AI? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. How many accounting firms use AI? How do smaller accounting firms use AI?