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 124

Technology accounting firms accounted accountant 124

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 accounted accountant 124

Going Concern

OCTOBER 25, 2022

It’s 2022 and accounting firms are proudly buying up “real estate” in the metaverse, putting out self-congratulatory press releases about it like it’s supposed to make us think they’re ahead of the curve on technology. Best of all, firms can introduce loot boxes. Get on this immediately, firms.

accounting firms 116

accounting firms Real Estate Gaming accounted 116

Nancy McClelland, LLC

APRIL 5, 2025

I love attending accounting conferences. This comes as a surprise to no one who knows me (or even knows of me) Ive been featured in countless promo reels, given interviews on the topic, written tips & tricks articles, and talked up the amazing Accounting Cornerstone Foundation (more on them later) endlessly. Whats the point?

accounted 97

accounted accountant Account bookkeeping 97

Going Concern

JANUARY 9, 2023

Heller takes some of his strategy cues from Big Four accounting firms—which law firm leaders increasingly view as potential competitors. The smartest service businesses in the country are accounting firms,” Heller said. They get it. They understand they need to diversify the revenue streams of the company.

accounting firms 105

accounting firms accounted accountant Account 105

Going Concern

JANUARY 13, 2025

There is enough data to show most WFH people are not as productive unless they have ownership in the business because quite frankly [link] — Eric Pierre, CPA (@yourfavecpa) January 12, 2025 Venture capitalists are excited about accounting firms according to WSJ : Venture capitalists are known for betting on risky, moonshot technology.

accounting firms 52

accounting firms accounted accountant Account 52

CPA Practice

AUGUST 6, 2024

Keeping Your Team at the Top of Their Game So, you’ve built a high-performing team—congratulations! Keeping your team at the top of their game requires ongoing effort and attention. The future of accounting belongs to those who dare to build exceptional teams. But the work doesn’t stop there. Will you be one of them?

accounting firms 105

accounting firms accounted accountant Account 105

Going Concern

MARCH 16, 2023

Accounting Today has published “ The 20 biggest problems for firms in 2023 ” and no one will be surprised to find out that the war for talent ranks #1 among the firms AT surveyed. If only firms had been more proactive about the salary issue, they’d have five better problems to focus their efforts on in 2023.

accounting firms 123

accounting firms Technology Iowa accounted 123

Going Concern

SEPTEMBER 19, 2024

When I say “everyone” I mean crypto bros and accounting firms trying desperately to be cool with their PS2-era metaverse avatars, the rest of us forgot about it pretty much right off the bat. It’s technically a game, but it seems about as fun as hanging out in a doctor’s office. Or an accounting firm office.

accounting firms 111

accounting firms audit auditor accounted 111

CPA Practice

DECEMBER 2, 2024

As we move into 2025, accounting firms face a significant challenge: a growing talent gap caused by many experienced CPAs and professionals retiring. The accounting profession’s yawning talent gap has long been a thorn in the industry’s side.

accounted 59

accounted accountant Account cpas 59

ThomsonReuters

MARCH 12, 2021

We’ve seen the impact the COVID-19 pandemic took on succession planning for accounting firms. In this episode of Pulse of Practice “Setting Course for the Next Chapter”, Paul Miller, CPA from Business by Design , and I discuss the importance of accounting firm leaders to continue to build out their succession plan.

accounting firms 98

accounting firms accounted accountant Account 98

ThomsonReuters

DECEMBER 19, 2024

For small and midsize accounting firms, these regulations demand a strategic approach to compliance and leveraging an automated compliance workflow can be a game-changer when it comes to successfully adapting to these changes and positioning your firm for the future.

Tax 52

Tax accounted accountant Account 52

CPA Practice

OCTOBER 25, 2024

At over 40, I’m no longer the young buck, fresh out of college, wide-eyed and optimistic about the accounting world. When I started in accounting, the older generation said it about us Millennials too. We thought we were revolutionaries; the older generation thought we were ruining accounting. By Garrett Wagner, CPA.

Technology 111

Technology Gaming CPA accountant 111

CPA Practice

APRIL 25, 2024

PICPA received survey responses from 323 accounting professionals nationwide who have zero to 15 years of public accounting experience and have left their firm or profession within the past five years. Progress is being made, but accounting is a pay-laggard among most financial professions,” PICPA said in the report.

accounting firms 89

accounting firms Pennsylvania accounted accountant 89

CPA Practice

JANUARY 18, 2023

The season and games are longer today, but beyond that, not much else has changed in more than 120 years of professional baseball. After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.

public accounting 119

public accounting accounted accountant Account 119

CPA Practice

AUGUST 14, 2023

the sixth-largest public accounting firm in the U.S., said on Monday that it is establishing an employee stock ownership plan (ESOP)—which would allow its more than 10,000 professionals to buy a shared stake in the CPA firm—that is expected to become effective later this month. BDO USA P.A.,

Gaming 98

Gaming accounting firms public accounting cpa firm 98

Accounting Insight

NOVEMBER 29, 2022

Accounts payable automation, also known as AP automation or invoicing automation, is the process of automating accounts payable processes and activities while collecting the critical data required to make smart decisions, improve efficiency, and grow your business. IMPROVING AP EFFICIENCY BY ELIMINATING BOTTLENECKS IN THE AP PROCESS.

Accounts Payable Automation 52

Accounts Payable Automation accounts payable Technology accounting firms 52

IgniteSpot

DECEMBER 18, 2024

Hiring an outsourced accountant is no doubt a game changer for your business, but before you take the plunge, there are a few things you should knowboth the good and the not-so-good. In this post, Ill share four major benefits of outsourcing your accounting, along with three potential downsides, so you can make an informed decision.

accounted 52

accounted accountant Account Gaming 52

Going Concern

DECEMBER 20, 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. We believe accounting is among the most important and foundationaland might happen the fastest.

Rhode Island 52

Rhode Island accounted accountant Account 52

ThomsonReuters

DECEMBER 10, 2024

Blog home As artificial intelligence continues to rapidly evolve , a new concept is emerging that tax and accounting professionals need to be aware of: agentic AI. For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself.

audit 91

audit Tax Technology tax return 91

ThomsonReuters

DECEMBER 10, 2024

Blog home As artificial intelligence continues to rapidly evolve , a new concept is emerging that tax and accounting professionals need to be aware of: agentic AI. For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself.

audit 97

audit Tax Technology tax return 97

Going Concern

JULY 11, 2023

The Wall Street Journal wrote today about recent disclosures made by Advance Auto Parts, Joby Aviation, and Germany’s Evotec that specifically point to a lack of accounting staff as a contributor to or sole factor causing certain material weaknesses. We have engaged a leading public accounting firm to support this work.

accounted 139

accounted accountant Account financial statements 139

Accounting Insight

FEBRUARY 27, 2023

If growth is on the agenda for your accounting firm, then marketing is going to help. Do this first, and your marketing will rise above the noise and help you to win the right type of clients for your firm. Skip this, and you risk your marketing lacking focus and results. SEO People aren’t going to find your website by accident.

accounting firms 64

accounting firms accounted accountant Account 64

Going Concern

JANUARY 3, 2025

Psst, take our 2025 Predictions for the Accounting Profession survey. 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.

auditor 98

auditor audit Rhode Island cpa firm 98

Accounting Today

OCTOBER 19, 2023

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

Gaming 138

Gaming accounting firms accountant Account 138

Going Concern

SEPTEMBER 21, 2023

But don’t be fooled—email is secretly a sinister beast, hiding in the shadows as it plots to destroy businesses—including your accounting firm. If your accounting firm still relies heavily on email for client communication and document management, you’re not in the fast lane—you’re on the road to ruin.

accounting firms 59

accounting firms accounted accountant Account 59

CPA Practice

NOVEMBER 19, 2024

By Jackie Meyer, CPA Recent research has found that 99% of accountants experience burnout, which as personally disturbing as it sounds, can ultimately impact your bottom line. In this article, I plan to dive into how you can not only prevent burnout, but increase profit in your firm. So what exactly does “burnout” mean?

Tax 52

Tax accounted accountant Account 52

Going Concern

MAY 18, 2023

At its core, accounting is a challenging career that requires growth and learning and can usually pay pretty well. Even better, because it’s a challenging job that requires lots of training and experience, the supply of good accountants is never high enough to meet demand. So far, so good. So, the pay should be good, too, right?

accounted 111

accounted accountant Account cma 111

ThomsonReuters

NOVEMBER 8, 2022

How has technology impacted accounting? From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. Accounting firm technology trends. Today, automation is the name of the game. Automation.

Technology 98

Technology accounted accountant Account 98

Going Concern

MARCH 21, 2023

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. It isn’t just another game, it’s a different sport.

accounted 115

accounted accountant Account tax return 115

Going Concern

SEPTEMBER 23, 2024

ICYMI: the weekend discussion was about firms acting like a s and making it that much more difficult to seduce the next generation of accountants to the profession. FTX apparently kept its accounting record in Slack channels, personal messages, and QuickBooks. We need more accountants. Go weigh in if you like.

auditor 104

auditor accounted accountant Account 104

Going Concern

JUNE 23, 2022

14 or 15 years ago I trolled Bill Sheridan of the Maryland Association of CPAs on Twitter about uncovering a weapons cache they’d stashed on CPA Island, a then-revolutionary virtual space in the game Second Life MACPA had set up for…accounting things. Back in 2008 CPA Island was the first (only?

Maryland 130

Maryland CPA Gaming cpas 130

CPA Practice

JANUARY 11, 2024

Canopy , a maker of accounting practice management software, has launched its new podcast, “Canopy Practice Success.” The podcast features interviews with top accounting profession thought leaders and firm owners. He gives his perspective on the evolving role of AI in his creative endeavors within the accounting industry.

accounting firms 52

accounting firms North Carolina accounted accountant 52

CPA Practice

JUNE 5, 2023

More than 3,500 accounting, tax and financial professionals convened in Las Vegas this week for the 2023 AICPA/CIMA Engage Conference, the largest annual educational and network event hosted by the American Institute of CPAs and the Chartered Institute of Management Accountants.

Education 111

Education accounted accountant Account 111

Going Concern

MAY 12, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

CPA 111

CPA accounted accountant Account 111

Going Concern

APRIL 4, 2025

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. Orlando pet supply store, accounting firm file for Ch. As in “literally who?”

Tax 52

Tax cpas Alabama Gaming 52

Basis 365

JANUARY 19, 2025

To mitigate this, every company, regardless of its size, needs a reliable and efficient accounting team to handle bookkeeping, financial reporting, payroll, and more. But when it comes to assembling this team, business owners face a crucial decision: hire an in-house accounting staff or outsource to a professional accounting firm.

bookkeeping 52

bookkeeping payroll accounting firms accounting and finance 52