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Guide to accountant responsibilities

ThomsonReuters

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

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3 reasons for the accountant shortage (and how CPA firms can attract candidates in 2023)

Accounting Insight

If you’ve followed financial news over the past several months, chances are you’ve seen at least one headline about the ongoing accountant shortage. But why has the accounting profession become so unattractive? We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPA firms to consider.

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Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. Accounting Firm Mergers. Understaffed?

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Friday Footnotes: EY Money Troubles; Fast Food > Public Accounting; From Athlete to Associate; | 12.16.22

Going Concern

Leaders of the accounting powerhouse are talking to private-equity firms as they draw up plans for the sale of EY’s consulting arm, the people familiar with the matter said. Quiz: Test your remote audit knowledge [ Journal of Accountancy ]. ICYMI: I am a recruiter with a focus on remote and hybrid work AMA [ r/accounting ].

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Which Are the Most In-Demand Accounting Jobs Right Now?

Snyder

Now, it’s kind of difficult to predict where you’ll end up but there are certain jobs that’ll always be in demand, in particular accounting jobs. In the following article, you’ll find out why the accounting field is worth pursuing and which jobs are in demand with some of the highest salaries across the industries.

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Friday Footnotes: EY Can’t Hire Tech; John Doe Sues the PCAOB; Auditors Can’t Find Torpedoes and Missiles | 1.20.03

Going Concern

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. But that doesn’t appear to be the case.

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Friday Footnotes: A (Fake) Day in the Life at Deloitte; DYNAMIC Merger For Grant Thornton; CPA Awareness | 12.9.22

Going Concern

Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant Matt Jacques, according to a Dec. The Justice Department has accused Rikesh Thapa of defrauding his startup tech firm of more than $1 million in U.S. 7 report from the Wall Street Journal.

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