CPA Practice

OCTOBER 18, 2024

Hosts Brian Tankersley, CPA, and Randy Johnston review TimeCredit AI, an AI assistant for technical accountants. Tankersley, CPA.CITP, CGMA 00:00 Randy, welcome to the accounting Technology Lab sponsored by CPA practice advisor. So for our auditing friends on the call, talk to me a little bit about accounting memos.

Technology 111

Technology Account accounted accountant 111

CPA Practice

NOVEMBER 11, 2024

The Public Company Accounting Oversight Board (PCAOB) revoked the registration of a Chinese audit firm on Nov. First, on multiple occasions, the accounting firm failed to timely report the participants in its issuer audits on PCAOB Form AP, in violation of PCAOB Rule 3211, Auditor Reporting of Certain Audit Participants.

audit 111

audit cpa firm auditor public accounting 111

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 Account accounted 264

CPA Practice

APRIL 7, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. By Cameron White. Technology also gives staff real-time access to their data, from anywhere at any time.

accounting firms 139

accounting firms CPA Technology Account 139

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

CPA Practice

APRIL 3, 2023

Despite high demand for CPAs, accounting firms struggle to hire accountants. In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis. By Cameron White. Technology also gives staff real-time access to their data, from anywhere at any time.

accounting firms 135

accounting firms CPA Technology Account 135

Going Concern

JANUARY 9, 2025

While the AICPA and large accounting firms have begged urged the SEC not to approve the PCAOB Firm and Engagement Metrics rule (PCAOB-2024-06) approved by the PCAOB on November 21, 2024, at least one person would like to see the added transparency this rule could provide and he’ll explain why in a comment letter we’ll discuss below.

audit 125

audit auditor Education accounting firms 125

RogerRossmeisl

JUNE 26, 2022

Originally issued in 2004, the purpose of the Audit Techniques Guide (ATG) was to offer guidance to IRS auditors auditing cost segregation studies. The IRS maintains a library of Audit Techniques Guides (ATGs) intended to help IRS examiners during audits by providing insight into issues and accounting methods unique to specific industries.

audit 246

audit auditor CPA Tax 246

CPA Practice

DECEMBER 3, 2024

UHY is getting an injection of private equity funding from Boston-based investment firm Summit Partners, calling it a significant milestone in its growth and strategic development, the top 30 accounting firm said on Dec. With this deal, more than 35% of the top 30 accounting firms in the U.S. In the U.S., UHY in the U.S.

Non-Profits 111

Non-Profits tax consultant cpa firm auditor 111

Withum

JANUARY 30, 2025

The accelerated and large accelerated filers are required to comply with SOX 404(b) requirement, which mandates external auditors opinion on ICFR. Engage a qualified CPA firm and align on prioritization of financial statement areas for GAAP compliance. All publicly traded companies in the U.S.

audit 100

audit financial statements auditor accounting principles 100

Going Concern

OCTOBER 10, 2024

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

Real Estate 59

Real Estate Account accounted accountant 59

Going Concern

FEBRUARY 6, 2025

Two years ago, two years after the first major private equity investment in a top 20 firm kicked off a flood of similar investments in some of the largest non-Big 4 firms in the country, the AICPA formed a task force to “look into issues raised by private equity investors in accounting.” On paper, anyway.

audit 90

audit auditor cpa firm CPA 90

Going Concern

DECEMBER 5, 2024

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

Real Estate 52

Real Estate Account accounted accountant 52

CPA Practice

OCTOBER 2, 2023

However, it doesn’t mean CPA firms are finding it any easier to staff available positions — or hold on to the valued employees they already have in place. hiring and employment trends found that 95% of hiring managers in finance and accounting face challenges in locating skilled candidates available for hire.

accounting and finance 128

accounting and finance cpa firm CPA Finance 128

Going Concern

OCTOBER 17, 2024

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

Real Estate 64

Real Estate Account accounted accountant 64

Going Concern

OCTOBER 18, 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. Firm Watch Accountancy firm BDO fined €1.3 BDO is going to appeal the decision.

audit 104

audit auditor New York accounting firms 104

CPA Practice

DECEMBER 6, 2024

Brian Tankersley, CPA, and Randy Johnston provide a recap of the 2024 CCH Connections user conference. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab, sponsored by CPA practice advisor, with your hosts, Randy Johnston and Brian Tankersley. Randy Johnston 00:10 welcome to the accounting Technology Lab.

Technology 98

Technology Account accounted accountant 98

CPA Practice

APRIL 12, 2023

By Blake Oliver, CPA, and Chris Vanover, CPA. CPAs have always been passionate about numbers, using various metrics such as revenue, profit, headcount and realization to measure success. However, this focus on numerical indicators is contributing to the decline of the CPA profession itself.

Account 136

Account accounted accountant Education 136

Going Concern

JUNE 1, 2023

Bringing things back to this decade, he then talks about what’s going on at PwC Australia even though auditors weren’t the ones using confidential government data to bill clients for tax avoidance plans. For starters, auditors are paid by the companies they’re auditing. If they find a problem, they risk losing a client.

auditor 116

auditor audit Government Transportation 116

CPA Practice

JANUARY 17, 2023

In the last few years there has been a shortage of critical skills with regards to the accounting profession and especially in the output of North American and European professionals with CPA, EA and CMA qualifications. The development of technology is hastening the transformation of the accounting sector. By Shawn Parikh.

cma 126

cma CPA accounting and finance public accounting 126

Going Concern

OCTOBER 24, 2024

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

Real Estate 59

Real Estate Account accounted accountant 59

Going Concern

OCTOBER 14, 2024

An ‘everygirl’ tells the tale of being pressured to choose a major, landing on accounting, and regretting the decision in ‘ I Was Dedicated to My 5-Year Plan—and Then It Blew Up in My Face ‘: It was the fall semester of my sophomore year of college. Land an internship at a prestigious accounting firm.

Account 59

Account accounted accountant audit 59

AdviceForTaxpreparers

SEPTEMBER 8, 2020

by Bill Meador, CPA, JD. My name is Bill Meador and I am writing a book to help tax staff succeed in a public accounting firm tax department. Now I understand the first reaction of many accountants to the concept of selling anything. Having been a CPA since 1992, I have been through more tax seasons that I want to remember.

tax preparation 246

tax preparation Tax cpa firm tax return 246

Going Concern

NOVEMBER 7, 2024

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

Real Estate 52

Real Estate Account accounted accountant 52

TaxConnex

APRIL 25, 2024

Tupperware recently admitted that it lacked enough accountants to get its annual report out on time. Fewer students are gravitating toward accounting even as educational requirements have intensified. Accounting is perceived as too specialized and boring – and offering lower pay than other majors such as finance and technology.

Sales 264

Sales Tax accounting and finance cpa firm 264

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

NOVEMBER 27, 2024

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

Real Estate 52

Real Estate Account accounted accountant 52

CPA Practice

NOVEMBER 10, 2023

With more than 100 years of experience, The Ohio Society of CPAs represents 85,000 CPAs and accounting professionals who are the strategic financial advisors to Ohio’s leading businesses. Talent shortage and a declining number of CPAs is being actively addressed As of May, 2023, more than 300,000 U.S.

Ohio 115

Ohio cpas CPA Non-Profits 115

CPA Practice

SEPTEMBER 19, 2023

A proposal issued by the Public Company Accounting Oversight Board (PCAOB) on Tuesday would hold auditors and others more accountable when they negligently, directly, and substantially cause their firm to violate auditing standards. The deadline for public comment on the proposal is Nov.

auditor 115

auditor audit accounting firms public accounting 115

Going Concern

OCTOBER 31, 2024

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

Real Estate 59

Real Estate Account accounted accountant 59

CPA Practice

NOVEMBER 19, 2024

By Jeff Gramlich, CPA, CITP In today’s audit landscape, we’re witnessing the early stages of an AI revolution. Create audit trails that make decision-making transparent and accountable. The evolving role of auditors Future auditors aren’t being replaced—they’re being empowered. This evolution includes: 1.

auditor 52

auditor audit Technology CPA 52

Going Concern

JUNE 13, 2022

As I’m sure you’ve heard by now the profession is having trouble recruiting future CPAs. ” This issue is called “ the accounting pipeline problem ” and expect to hear about relentlessly in the years ahead as it worsens. Oh wait here, Accounting Today says it’s FAR and REG. WHICH TWO PARTS?

CPA 105

CPA audit auditor cpas 105

CPA Practice

JULY 23, 2024

are using generative artificial intelligence mostly on administrative and research activities right now, but the likelihood for GenAI to be used down the road in certain aspects of planning and performing the audit is high, according to a report released by the Public Company Accounting Oversight Board (PCAOB) on July 22.

auditor 109

auditor audit financial statements Legal 109

CPA Practice

MAY 18, 2023

One of the biggest questions currently being asked by many throughout the accounting profession is, “How can we make accounting more appealing to students?” There’s plenty of accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years.

CPA 98

CPA auditor cpas accounting and finance 98

Going Concern

FEBRUARY 17, 2023

It was only a couple days ago that the Journal of Accountancy published an interview with NASBA CEO and President Ken Bishop in which Bishop sternly warns states against even thinking about lowering the CPA licensure requirement to 120 units, something something mobility blah blah. note: We agree.

Minnesota 119

Minnesota CPA Education cpas 119

Going Concern

JULY 31, 2023

r/accounting reacts to KPMG’s summer internship for high schoolers: Staffing shortages at KPMG? The PCAOB’s new rules would widen auditors’ responsibility to scrutinise whether a company is complying with laws and regulations, and to communicate more of their concerns to a company’s board of directors.

auditor 98

auditor Account accounted accountant 98

Shay CPA

FEBRUARY 19, 2025

This tool gives you a way to validate that your company is following proper accounting practices and that your books are accurate. based companies, that means adhering to generally accepted accounting principles (GAAP). As a startup, aligning with GAAP usually means starting with accrual-based accounting. As of 2022, all U.S.

audit 52

audit auditor accrual accounting accounting principles 52