Going Concern

JANUARY 9, 2023

A PCAOB inspections leader offers his insight to auditors at a conference: “The role of the financial statement auditor and the auditing profession continues to be a noble endeavor that has never been more needed and vital to our economic stability and the well-being of our capital markets,” said George Botic, CPA.

CPA 105

CPA auditor Tax Account 105

Going Concern

APRIL 19, 2024

CPAs Have a Branding Problem for the Younger Generation [ CPA Journal ] By Jason L. Ackerman, CPA, CFP, CGMA Probably the hottest topic in the profession over the past few years has been the pipeline problem: Firms can’t find qualified individuals to handle the increasingly complex world that CPAs deal with on an ongoing basis.

cpas 105

cpas accounting firms Account accountant 105

Going Concern

DECEMBER 20, 2024

billion by 2031. Audit AICPA asks SEC to reject PCAOB rules that pose ‘significant challenges’ [ Journal of Accountancy ] We don’t trust the AICPA so draw your own conclusions as to why they’re really against this. . Firms must invest in training, technology, and methodological tools to maintain audit quality.

Rhode Island 52

Rhode Island Account accountant accounted 52

CPA Practice

OCTOBER 10, 2023

However, as tax regulations become more intricate and audit scrutiny intensifies, the demand for accurate tax preparation continues to grow, adding pressure to tax practitioners. It offers a buffer against the challenges of recruiting new staff and retaining seasoned CPAs.

Technology 105

Technology accounting firms Account accountant 105

ThomsonReuters

JANUARY 9, 2024

Conversely, Creech explained that the AI tools the IRS uses have seen “significant improvements” in areas that include partnerships where the audits are more targeted and have been much better than anything Creech has seen before. “What happens when the IRS AI finds [an issue] because it’s 1.2 6651 and Code Sec.

audit 98

audit Legal Tax tax return 98