CPA Practice

NOVEMBER 1, 2023

CPA firm leaders outlining staffing plans for the coming year can’t help but worry if they will hit their hiring goals. This concern is not misplaced: Research for the 2024 Salary Guide From Robert Half found that organizations in both public and corporate accounting are grappling with an accountant shortage.

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CPA Practice

MAY 18, 2023

There’s plenty of accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years. But the AICPA said today it has a framework in place to fill that CPA pipeline back up.

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CPA Practice

FEBRUARY 28, 2024

Here’s some news from the labor market that’s both good and bad for CPA firm leaders and other employers of accounting and finance talent. The upside for CPA firms is that retaining talent should be a little easier, at least for the near term. If you were an in-demand accounting professional, would you want to join your CPA firm?

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Going Concern

OCTOBER 3, 2024

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Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? the auditor of Tesla Korea, about the company’s financial statements for last year.

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CPA Practice

JULY 30, 2024

Separate research from Robert Half for the 2024 Demand for Skilled Talent report confirms that most hiring managers for accounting and finance organizations (87%) are facing challenges recruiting talent right now. A scalable talent model allows your CPA firm to access specialized skills when and for as long as you need them.

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Going Concern

SEPTEMBER 19, 2024

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CPA Practice

JANUARY 13, 2024

The Dynamic Duo of Randy Johnston and Brian Tankersley, CPA, attended CES 2024 in Las Vegas, sending back updates on the top new tech of interest to the accounting community. AI has been the hot topic of 2023, and if the Consumer Electronics Show (CES 2024) is any indication, AI will continue to be hot in 2024.

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CPA Practice

SEPTEMBER 16, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review Supervizor , a continuous quality assurance system that helps accounting firm’s error-proof their client’s bookkeeping and curb fraud. We’ll be back next Saturday with a new episode of the technology lab from CPA practice advisor. Tankersley, CPA.CITP, CGMA 00:00 Brian F.

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Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users. Welsh said.

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CPA Practice

OCTOBER 8, 2024

According to a new report from top six accounting firm BDO USA, company finance leaders are expecting technology like artificial intelligence to be used by their external auditors now to enhance their audit engagement and consider it the second-most important factor when choosing an audit firm.

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audit Finance auditor Technology 143

CPA Practice

DECEMBER 6, 2024

Brian Tankersley, CPA, and Randy Johnston provide a recap of the 2024 CCH Connections user conference. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab, sponsored by CPA practice advisor, with your hosts, Randy Johnston and Brian Tankersley. Randy Johnston 00:10 welcome to the accounting Technology Lab.

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CPA Practice

SEPTEMBER 12, 2024

s HR Consulting Practice Award-winning CPA advisory firm Herbein + Company, Inc. He was previously affiliated with LPL Financial where he had approximately $60 million in client assets under administration as of April 2024*. Allison Haug, CPA, joined the Firm as an Audit Senior Manager with 12 years of experience.

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CPA Practice

NOVEMBER 11, 2024

Batch Extensions from HubSync : Helps CPA firms prepare extensions in bulk. Beyond that, there are other audit tools to consider: Audit Intelligence Analyze : Thomson Reuters is creating an Audit Intelligence Suite, and this is the first product delivered in conjunction with Synergy 2024.

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Going Concern

JANUARY 12, 2024

And take our 2024 Predictions for the Accounting Profession survey ! Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. Tingo paid $1.6 million in audit fees in 2022.)

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CPA Practice

NOVEMBER 17, 2023

AuditBoard, the leading cloud-based platform transforming audit, risk, IT compliance, and ESG management, has released its 2024 Focus on the Future report based on an annual survey of risk management and internal audit leaders across North America. This misalignment is expected to continue in 2024.

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audit Technology auditor Government 104

CPA Practice

NOVEMBER 19, 2024

A new analysis of audit committee disclosures of companies in the S&P 1500 reveals a plateau in disclosure rates across several areas important to investors, including considerations in appointing or reappointing the external auditor, length of auditor tenure, and how the audit committee evaluates audit fees in relation to audit quality.

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CPA Practice

JUNE 4, 2024

Avani Desai, CPA 2024 Most Powerful Women in Accounting CEO Schellmann & Company, LLC How have you personally seen the roles of women evolve in the accounting profession ? Over the course of my professional journey, I’ve witnessed significant evolution in the roles of women within the accounting profession.

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CPA Account accounted accountant 59

CPA Practice

MAY 15, 2024

KPMG audited the most newly listed companies in the first quarter of 2024, which saw 46 initial public offerings that raised a combined total of $8.9 The Big Four firm was the auditor for eight of the 46 IPOs, tops among the 20 different firms with at least one IPO audit client in Q1.

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CPA Practice

JULY 11, 2024

Notable changes to the Standards include new guidance on critical areas like cybersecurity and sustainability and a more flexible framework adaptable for auditors around the world. Though the new Standards become effective in January 2025, internal auditors are encouraged to begin planning their adoption now. “On Workiva Inc.,

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CPA Practice

MAY 24, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, are joined by guest Will Zacher, co-founder of AIgency Partners , to discuss a recent study on how artificial intelligence fared when attempting to pass the CPA exam. And of course, Claude Opus, had passed multiple choice sections of the CPA examined both auditing and financial reporting.

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CPA Practice

AUGUST 19, 2024

According to a new report from The Brattle Group, total Public Company Accounting Oversight Board (PCAOB) and US Securities and Exchange Commission (SEC) enforcement activity against auditors in the first half of 2024 is significantly outpacing the number of enforcement actions brought by the regulators in recent years.

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CPA Practice

NOVEMBER 13, 2023

will have approximately 80 partners, 800 employees, and projected revenue for the fiscal year ending May 31, 2024 surpassing $170 million. This includes the firms’ five partners and approximately 30 team members. Once the transaction is completed, Cohen & Co. said in a press release.

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Going Concern

MAY 12, 2023

Fired: job search or CPA exam? China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue.

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CPA Practice

OCTOBER 18, 2024

Hosts Brian Tankersley, CPA, and Randy Johnston review TimeCredit AI, an AI assistant for technical accountants. Tankersley, CPA.CITP, CGMA 00:00 Randy, welcome to the accounting Technology Lab sponsored by CPA practice advisor. So Brian, I know that from your perspective, you often introduce yourself as recovering auditor.

Technology 111

Technology Account accounted accountant 111

Going Concern

DECEMBER 5, 2024

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Going Concern

AUGUST 31, 2023

Are you struggling to hire remote accountants, auditors, or tax professionals right for your firm or internal team? Accountingfly is ready to partner with you! Gain full access to a pool of highly skilled and experienced remote accountants ready to join your team with Always-On Recruiting. Tech Stack: QBO, QBD, UltraTax, etc.

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CPA Practice

MAY 14, 2024

The Public Company Accounting Oversight Board (PCAOB) approved a sweeping new standard on the general responsibilities of an auditor on May 13, including a provision that significantly cuts the maximum time period for the auditor to assemble a complete and final set of audit documentation from 45 days to 14 days.

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CPA Practice

JUNE 24, 2024

Separate research from Robert Half for the 2024 Demand for Skilled Talent report confirms that most hiring managers for accounting and finance organizations (87%) are facing challenges recruiting talent right now. A scalable talent model allows your CPA firm to access specialized skills when and for as long as you need them.

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CPA Practice

OCTOBER 25, 2024

Hosts Brian Tankersley, CPA, and Randy Johnston review Liscio , a client experience platform that centralizes communication, document collection, and task management for accounting firms. Well, thank you for that, Chris and gosh, I feel in the minority today with two auditors in the crowd. Very appreciative of it.

Technology 115

Technology Account accounted accountant 115

Going Concern

OCTOBER 10, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.

Real Estate 59

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CPA Practice

SEPTEMBER 5, 2024

When large sums are involved, small discrepancies or mistakes in the filing process are magnified, leading auditors to closely monitor and potentially audit the business. million new business applications filed, with the trend expected to grow in 2024. 2023 saw an unprecedented 5.5 You’ve Been Randomly Selected by the State – Now What?

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Anders CPA

JULY 8, 2024

David Hartley, CPA, CISA, advisory partner-in-charge at Anders CPAs + Advisors (Anders), has been appointed to the Southern Illinois University (SIU) Foundation Board of Directors effective July 1, 2024. David is a Certified Public Accountant in the state of Missouri and is also a Certified Information Systems Auditor (CISA).

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Going Concern

MAY 20, 2024

Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. The findings provide invaluable insights the CPA profession and its stakeholders cannot ignore while trying to counter the persistent decline in the number of individuals pursuing the CPA credential. Can someone send us those slides ?

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Going Concern

AUGUST 1, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

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Going Concern

SEPTEMBER 26, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Account 59

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Going Concern

SEPTEMBER 30, 2024

Publications around the world continue to discuss the tragic sudden death of a young auditor at EY India and dirt keeps making its way to the surface. While EY had applied for the registration in February 2024, it was rejected because the company had not applied since 2007. Hello and happy Monday! Here’s some news. Great hire.

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