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.

accounting firms 111

accounting firms Hospitality accounted Account 111

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 accounted 116

CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

Pennsylvania 52

Pennsylvania public accounting accounting firms accounted 52

CPA Practice

OCTOBER 3, 2023

next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Robert Half’s salary guide for 2024 was released on Monday, featuring starting salary projections for a plethora of roles in accounting and finance.

public accounting 121

public accounting accounted Account accountant 121

CPA Practice

FEBRUARY 6, 2024

The landscape of public accounting experienced an unprecedented shakeup in 2023, marked not by the usual suspects of annual updates or technological advancements, but by a surge of interest from an unexpected source: private equity (PE). But what happens to those nine accounting firms who don’t make it?

public accounting 75

public accounting accounted Account accountant 75

CPA Practice

NOVEMBER 1, 2024

Forvis Mazars, ranked among the largest public accounting and consulting firms in the United States, is expanding its presence in Florida with the addition of MSL, effective November 1. MSL has a 50-year legacy of building deep relationships with its clients across Florida.

Florida 104

Florida accounting firms accounted Account 104

TaxConnex

NOVEMBER 15, 2022

Many certified public accountants (CPAs), enrolled agents and other tax preparers and professionals that run accounting and tax preparation firms are constantly looking for new advisory avenues to service clients. government affairs at Wolters Kluwer Tax & Accounting wrote on Accounting Today. “It

accounting firms 130

accounting firms Sales Tax accounted 130

Going Concern

OCTOBER 21, 2024

TLDR: Boomer numbers at accounting firms appear to be dwindling, more than half of staff at firms are under 40, Gen X gets ignored as usual as if they don’t exist. See if you agree: Employees aged 60 and older account for 11% of staff across all revenue bands, down from 12% last year. You’re used to it.

accounting firms 69

accounting firms accounted accountant Account 69

Going Concern

AUGUST 5, 2024

INSIDE Public Accounting has dropped its highly regarded Top 500 list as it does every year around this time and we now know who gets bragging rights as the biggest — Big D, obviously. IPA trickles out a bunch more data it’s gathered on participating firms so keep an eye out for that in coming weeks.

accounting firms 109

accounting firms public accounting accounted accountant 109

Accounting Today

JUNE 5, 2024

The shift of public accounting firms, traditionally focused on providing auditing and tax services, into expansive multidisciplinary firms has long raised concerns among investors and regulators.

accounting firms 75

accounting firms Government accounted Account 75

Going Concern

AUGUST 1, 2023

INSIDE Public Accounting released its annual Top 500 list last week — a.k.a. The post The Big D Once Again Tops the INSIDE Public Accounting Top 500 List appeared first on Going Concern. Firm Watch News Accounting firm revenues Inside Public Accounting Lists pissing contests ranked

public accounting 98

public accounting accounted accountant Account 98

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. The publication and online technology resource was founded in 1991 as The CPA Software News , and has evolved technologically along with the profession.

Technology 122

Technology accounting firms accounted Account 122

Going Concern

JUNE 1, 2022

When I started in public accounting, one of the audit partner s I worked with shared the elevator metaphor: working in public accounting is like riding an elevator—the longer you stay on, the higher up you will go. The real answer (and the favorite answer of all accountants everywhere): it depends. The catch?

public accounting 98

public accounting accounted Account accountant 98

Going Concern

OCTOBER 3, 2024

INSIDE Public Accounting #437 firm The Pun Group of Santa Ana, CA (revenue $8,856,915) put out a press release about their new website today and imagine our disappointment when we read all 661 words of it to find nary a pun in the bunch. So what you’re saying is people count at your accounting firm?

accounting firms 64

accounting firms accounted Account accountant 64

Going Concern

OCTOBER 20, 2023

In it the author covers their introduction to accounting, the impact the pandemic had on their goals, and the all too familiar feeling of watching your peers make buckets of money in other careers while you grind away in public. ” When I was a junior in high school, I took my first accounting class. I loved the class.

public accounting 122

public accounting accounted accountant Account 122

CPA Practice

OCTOBER 29, 2024

Few things have created more discussion and disruption in the profession than the current confluence of private equity’s entry into the accounting world with the ongoing talent shortage. These firms are not just meeting needs, they’re changing lives. But this story goes beyond just the financial implications. The result?

accounting firms 111

accounting firms accounted Account accountant 111

CPA Practice

AUGUST 13, 2024

There are now 16 public accounting firms in the U.S. that surpassed the billion-dollar mark in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2024 from INSIDE Public Accounting. There were 15 firms that surpassed $1 billion of revenue last year.

accounting firms 59

accounting firms accounted Account accountant 59

CPA Practice

OCTOBER 10, 2023

The demand for skilled tax practitioners in the accounting profession has never been more critical. This surge in demand for CPA services comes at a time when experienced public accountants are exploring alternative career options, and fewer graduates are entering the profession. By Richard Lavina and Ralph Carnicer.

Technology 105

Technology accounting firms accounted Account 105

CPA Practice

OCTOBER 11, 2023

Public accounting firms in the United States reported strong top-line and bottom-line growth in their latest fiscal year results, driven by high demand for their services, according to a survey by the American Institute of CPAs and the Chartered Institute of Management Accountants. That rate eclipses the 4.2%

accounting firms 119

accounting firms accounted Account accountant 119

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. made this year’s list, with two finishing within the top five. Deloitte 5.

accounting firms 111

accounting firms accounted Account accountant 111

Going Concern

MARCH 21, 2024

An accounting firm you’ve never heard of made the local news in a Tennessee town you’ve also never heard of for the firm moving into 55,000 square feet in a 128,000-square-foot building where 2,000 Citi call center grunts used to work. According to earlier reporting, the property in Gray, TN (pop.

accounting firms 105

accounting firms Tennessee accounted Account 105

CPA Practice

AUGUST 15, 2024

There are now 16 public accounting firms in the U.S. that surpassed the billion-dollar mark in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2024 from INSIDE Public Accounting. There were 15 firms that surpassed $1 billion of revenue last year.

accounting firms 52

accounting firms accounted Account accountant 52

CPA Practice

SEPTEMBER 6, 2023

The question in the title of this article is one the Treasury Inspector General for Tax Administration (TIGTA) recently tried to answer for some members of Congress who asked the IRS watchdog to evaluate employees moving between large accounting firms and the IRS, often referred to as the “revolving door.”

accounting firms 119

accounting firms accounted Account accountant 119

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 accounted Account 128

Going Concern

MARCH 14, 2022

Most people who leave public accounting have absolutely no intention of going back. These days public accounting would probably take you back in a heartbeat if you changed your mind. After the mass layoffs of the Great Recession, morale at Big 4 firms tanked. The first jump out. The first boomerang. Why go back?

public accounting 98

public accounting accounted Account accountant 98

CPA Practice

OCTOBER 10, 2024

Managing a successful public accounting firm is an ongoing process, with leaders constantly needing to adapt workflows and technologies that can help them achieve greater operational freedom and financial growth. Over 1,000 accountants and bookkeepers are expected to attend this 100% virtual and free event.

accounting firms 52

accounting firms Technology bookkeeping accounted 52

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 accounted Account 124

Going Concern

MAY 26, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Have a safe Memorial Day.

public accounting 104

public accounting accounted accountant Account 104

CPA Practice

AUGUST 21, 2023

Fifteen public accounting firms in the U.S. made $1 billion or more in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2023 from INSIDE Public Accounting. The 15th biggest firm in the U.S The top 15 accounting firms in the U.S.

accounting firms 98

accounting firms accounted accountant Account 98

CPA Practice

OCTOBER 24, 2024

For the second year in a row , top 30 accounting firm PKF O’Connor Davies not only has the best internship program in the nation for incoming public accountants, but it also has the top overall internship program in the U.S. The full top 25 in accounting are: 1. 5), BMSS (No. 6), Wipfli (No. 7), Plante Moran (No.

accounting firms 52

accounting firms accounting internships accounted accountant 52

Going Concern

JUNE 14, 2023

Came across this story about a Michigan accountant with hearing loss whose firm stepped up to accommodate her and thought it would be good to share because not all news is bad. Perhaps it will inspire other firms to think about steps they can take to make sure their people are empowered to do their best work.

accounting firms 95

accounting firms Michigan accounted accountant 95

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 accounted accountant Account 118

Going Concern

MARCH 4, 2022

When did you decide you were done with public accounting? Aiden is a former Big 4 assurance senior manager who bounced between public accounting and industry three times during the past 15-plus years. The post The Moment I Knew I Was Done With Public Accounting For Good appeared first on Going Concern.

public accounting 94

public accounting accounted Account accountant 94

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 accounted Account 264

Going Concern

JULY 19, 2023

See: The 259th Largest Accounting Firm Is Paying For Unlicensed Staff to Pursue a Master’s at the 87th Best Online Business School More than 90 Clayton & McKervey shareholders and associates will join Wipfli (revenue of $506.7 million between the two firms, Wipfli might just unseat #19 Eide Bailly next year.

accounting firms 98

accounting firms accounted accountant Account 98

Going Concern

SEPTEMBER 19, 2024

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

accounted 105

accounted Account accountant Construction 105

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 Account 89