Going Concern

NOVEMBER 7, 2024

Ignition has released its 2024 US Accounting and Tax Pricing Benchmark report and it reveals that the 325 Ignition customers surveyed are going all-in on fee increases in 2025. 57% of accounting firms plan to increase fees across all services in 2025. 57% of accounting firms plan to increase fees across all services in 2025.

cost accounting 115

cost accounting accounting firms accountant Account 115

TaxConnex

FEBRUARY 27, 2024

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations. This is a complicated time for sales tax obligations – and a terrible time to try to hire an accountant. There were about 1.65 in 2022, up 1.3%

Sales 264

Sales Tax accountant Account 264

CPA Practice

SEPTEMBER 11, 2024

Sangeeta Chhabra Efficiency and speed matter more than ever in today’s business environment—and for the majority of accounting firms. These services scale IT infrastructure to help accountants speed up accounting services, manage the workforce, adhere to global compliances, and lower operational costs. GDPR, CCPA, etc.).

accounting firms 111

accounting firms accountant Account accounted 111

Going Concern

APRIL 15, 2024

This morning, Vault released its mildly anticipated 2025 Best Accounting Firms to Work For list and it should be no surprise that PwC has swept the category of Best Accounting Firm for the gazillionth year in a row. This year they also wrestled the title of Most Prestigious back from last year’s #1 firm Deloitte.

accounting firms 115

accounting firms accountant Account accounted 115

CPA Practice

NOVEMBER 22, 2024

By combining AI with LinkedIn, you can streamline sales prospecting, reach the right people, and ultimately build a more efficient pipeline for your accounting firm’s growth. Qualifying Accounts This prompt investigates a prospect’s website for keywords to qualify the account, such as merger, acquisition, expansion, growth, etc.

accounting firms 111

accounting firms accountant Account accounted 111

CPA Practice

NOVEMBER 20, 2024

A new report from practice management software provider Ignition says rising business costs are driving fee increases at accounting firms, with 57% planning to raise fees across all services next year. 85% plan to increase fees for bookkeeping and accounting services. The 2024 U.S.

accounting firms 116

accounting firms accountant Account accounted 116

CPA Practice

JUNE 27, 2024

By Dr. Sangeeta Chhabra Accounting firms are focusing on the tech stack and missing out on the talent stack. Accounting firms are facing a talent shortage as most accounting professionals are shifting to fields like investment banking, consulting, and information technology.

accounting firms 115

accounting firms accountant Account accounted 115

CPA Practice

AUGUST 19, 2024

In addition to ongoing security and compliance needs, accounting firms face unique challenges when recruiting and retaining employees, offshoring, and increasing operational efficiencies. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars.

accounting firms 116

accounting firms Indiana cpa firm accountant 116

CPA Practice

FEBRUARY 8, 2024

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.

accounting firms 122

accounting firms Technology accountant Account 122

CPA Practice

OCTOBER 29, 2024

Like other software, AI is helping streamline some tasks and is used as an aid for many in the accounting industry. If you’re not using AI in your firm already, it’s time to analyze some of the time-consuming tasks that you or your team are performing all the time to see which ones can be assisted or fully offloaded to AI.

accounting firms 111

accounting firms accountant Account accounted 111

CPA Practice

AUGUST 28, 2024

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology 122

Technology accounting firms accountant Account 122

CPA Practice

JULY 16, 2024

Accounting is no exception. While some pundits say accounting has a dim future in the digital world of tomorrow, technologies such as cloud-based data management, process automation and advanced analytics are actually poised to further elevate accountants in new and empowering ways. Go to Part II of this two-part series.]

Technology 124

Technology accounting firms accountant Account 124

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. As with value pricing, these prices will likely evolve as you better grasp what it costs your firm to complete each task.

accounting firms 105

accounting firms accountant Account accounted 105

CPA Practice

JULY 3, 2024

By Brad Barkin Small accounting and financial services firms are facing escalating operation threats and vulnerabilities. Cybercrime is on the rise, with PwC reporting a 30% higher risk of cybersecurity attacks for financial firms. these issues can further exacerbate already overworked accountants.

Technology 128

Technology accounting firms accountant Account 128

CPA Practice

NOVEMBER 11, 2024

We track the top products in every category and discuss them in our weekly podcasts in The Accounting Technology Lab. In the coming months, my K2 organization and this column will continue to cover useful AI tools for Client Accounting Services (CAS), tax, and audit. Trullion could be a replacement for DataSnipper.

accounting firms 111

accounting firms Technology accountant Account 111

CPA Practice

JUNE 24, 2024

I asked ChatGPT what forms it recommended for a CPA firm. Here is the answer I got (since ChatGPT is nondeterministic, you won’t get the exact same answer I got.): For a CPA (Certified Public Accountant) firm, creating and utilizing various forms and templates can significantly streamline practice management tasks.

accounting firms 124

accounting firms cpa firm accountant Account 124

Going Concern

OCTOBER 8, 2024

Another small accounting firm has reported a data breach involving the protected health information of a whole lotta people. Surely the firm isn’t paying retail. The post DAE Get Sick of Hearing About Accounting Firms Getting Their Data Breached? In the case of DA&E, we don’t have to wonder.

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accounting firms Hospitality accountant Account 111

Going Concern

SEPTEMBER 30, 2024

The post This Might Be the Strangest Review of an Accounting Firm Yet appeared first on Going Concern. Before you ask, yes it is a slow news day. The next time we write about this place it will be far more interesting, I promise.

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accounting firms Entertainment accountant Account 111

Going Concern

AUGUST 28, 2024

Fresh off the big reveal of the 2024 Top 500 list , INSIDE Public Accounting has released another one of their yearly lists that tends to get less play than the big T100: Best of the Best. Of these “best” firms they say: What all the Best of the Best have in common is a focus on operational and financial excellence.

accounting firms 104

accounting firms accountant Account accounted 104

CPA Practice

JUNE 6, 2024

Ready to take your accounting firm’s marketing to the next level? Segmented Communication: Tailoring your messaging to different audience segments ensures more personalized and effective marketing efforts. Start implementing these strategies today and watch your engagement and conversions soar.

accounting firms 117

accounting firms accountant Account accounted 117

Going Concern

JUNE 4, 2024

Last week, I wrote a way too long piece on the Institute of Chartered Accountants in England and Wales (ICAEW)’s recent report “ Evolution of mid-tier accountancy firms.” And that’s not necessarily a bad thing, the accounting profession is reactive and scared of taking big risks for a reason.

accounting firms 116

accounting firms accountant Account accounted 116

BuildYourFirm

FEBRUARY 18, 2021

How important are Google Reviews for Accountants? Google Reviews for accountants are more important than ever. And if those are not good enough reasons to make Google Reviews a top priority for your accounting practice, here’s the best part – getting reviews on the world’s top search engine is absolutely free!

accountant 236

accountant Account accounted Start-ups 236

CPA Practice

APRIL 30, 2024

LinkedIn released its eighth annual Top Companies ranking last week—which identifies the 50 best places for professionals to develop their skills and grow their careers—and five of the largest public accounting firms in the U.S. The five accounting firms that made the 2024 LinkedIn Top Companies and where they were ranked are: 4.

accounting firms 111

accounting firms accountant Account accounted 111

CPA Practice

AUGUST 28, 2024

For the fifth time, top 10 accounting firm CLA (CliftonLarsonAllen) has been ranked as the No. 1 accounting firm catering to businesses in the construction industry by the trade magazine Construction Executive. Number of CPAs in the firm’s construction practice. The ranking is based on a survey of 700 U.S.

Construction 98

Construction top accounting firms accounting firms cpas 98

CPA Practice

MAY 15, 2024

The technologies used in professional accounting firms continue to evolve and shape how practices function, from client service, to staffing issues, and overall management and growth. Thank you to the more than 5,500 readers who participated in voting this year. Now, on to the results! WINNER: TheTaxBook – Tax Materials Inc.

Technology 119

Technology accounting firms cpas accountant 119

Going Concern

MAY 30, 2024

As mentioned in this week’s news brief, the Institute of Chartered Accountants in England and Wales (ICAEW) put together a snazzy little report on the state of mid-tier firms based on a survey of managing partners. They’re comprised of risk-averse accountants after all. Get over it. So this is interesting.

accounting firms 118

accounting firms accountant Account accounted 118

Going Concern

AUGUST 9, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. So here, take this tweet instead. Also how much they pay offshore staff.

accounting firms 104

accounting firms accountant Account accounted 104

BuildYourFirm

MARCH 24, 2021

Why Accountants should Fully Optimize their Google My Business Listing. Every accountant can use some additional visibility to drive new business, and your Google My Business listing is the perfect place to start optimizing your local internet presence. Google My Business for Accountants. Certified public accountant).

accountant 224

accountant Account accounted Start-ups 224

Insightful Accountant

JULY 29, 2024

In the high-pressure world of tax and accounting, where long hours and strict deadlines are the norm, building a strong organizational culture is crucial for addressing burnout and reducing turnover.

accounting firms 105

accounting firms accountant Account accounted 105

Going Concern

AUGUST 3, 2024

“We are no longer a capital-light profession, we’re a cap-heavy profession,” said Francesca Lagerberg, chief executive of Baker Tilly International, whose 110 member firms had $5.2bn in annual revenue. For s s and gigs, I pulled out my tarot deck to get a quick single-card insight into the near future for accounting firms.

accounting firms 105

accounting firms accountant Account accounted 105