CPA Practice

JANUARY 23, 2023

Many experts predict that the years ahead will be fueled by financial fraud investigations and a heightened emphasis on the ability to conduct due diligence and ensure clear financial insights. As accounting firms begin 2023 they have one thing top of mind — how to effectively recruit and retain talent.

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Going Concern

APRIL 1, 2024

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

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xendoo

AUGUST 2, 2021

How much is your business currently spending on accounting costs? Bureau of Labor Statistics, though in 2017, the Journal of Accountancy claimed that the average salary for a CPA was $119,000 per year, which translates into roughly $60 per hour. Additionally, what accountants charge is often based on their experience or specialization.

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FraudFiles

MAY 16, 2022

The growth in forensic accounting and fraud investigation specialties has led accounting firms of all sizes to expand their practices to these areas. Is it as easy as it sounds to add forensic accounting to your firm’s competencies? It is a simple decision to start providing accounting services.

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FraudFiles

DECEMBER 28, 2021

Firms of all sizes are interested in expanding their practices to include forensic accounting and fraud investigation. Yet adding forensic accounting to a firm’s portfolio of services might not be as easy as it sounds. Experts agree: This practice area is growing and will continue to grow for the foreseeable future.

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Snyder

MARCH 14, 2023

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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Snyder

MARCH 6, 2023

Our fast-paced world has transformed many jobs, but few seem to have changed as much as what accountants typically did even 20 years ago compared to today, next year, or the next decade. So, let’s look at the accountant roles of today and the current trends that influence what the roles of an accountant of tomorrow will entail.

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PYMNTS

MAY 12, 2020

In a filing with the Securities Exchange Commission (SEC), the board said the agency should not rely on the company’s recent financial statements, which are believed to be inaccurate. as the forensic accounting expert, the SEC filing said.

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ThomsonReuters

JANUARY 18, 2024

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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FraudFiles

OCTOBER 19, 2021

Tax returns can be one of the most important pieces of information a forensic accountant evaluates in a divorce case. Of course, there are other very important financial documents, but income tax returns provide summary information about of lot of financial issues, including income, expenses, and assets.

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FraudFiles

AUGUST 31, 2022

Many of the administrative parts of a forensic accounting or fraud investigation project are similar to those in a traditional auditing assignment. Traditional financial statement audits, however, are relatively similar from year to year unless a company has had a significant change in operations.

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Withum

MAY 9, 2024

In two weeks, I will be teaching a graduate course on audit concepts and methods to accounting students at Fairleigh Dickinson University. However, my role is not just to teach the material but to excite them about accounting as a profession and auditing in particular and share my pride in the vital role auditors play in our ecosystem.

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PYMNTS

APRIL 2, 2020

In a filing with the Securities Exchange Commission (SEC) on Thursday (April 2), the board said the agency should not rely on the company’s recent financial statements, which are believed to be inaccurate. as forensic accounting expert, according to the SEC filing.

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FraudFiles

SEPTEMBER 20, 2021

Particularly in the case of executives embezzling or perpetrating financial statement fraud, they are keenly aware of exactly how the auditors do their work, and take careful steps to avoid detection. They are engaged to give an opinion on the financial statements, and whether they are fairly stated.

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FraudFiles

JULY 12, 2021

The best forensic accountants and fraud investigators are able to find additional sources of information to help crack the case. In cases in which a company’s accounting records have been compromised, these source documents are instrumental in reconstructing the finances.

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FraudFiles

DECEMBER 10, 2021

Lots of businesses have been guilty of the “shoebox method” of accounting or careless records retention. To the extent that spreadsheets or accounting program data can be obtained, the information can help the case. Recreating the Accounting Records. Ratio analysis may help a forensic accountant estimate expenses.

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Withum

APRIL 25, 2022

Now that we have surpassed the 2-year mark of lockdowns, shutdowns, and letdowns – what was expected by forensic accountants on day one has become painfully clear.

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PYMNTS

MARCH 1, 2018

The package must include the laundry list of financial records lenders want to review: balance sheets and financial statements, bank statements, tax returns, accounts payable and receivable and details about the vendors on those lists, as well as details about outstanding loans and tax returns.

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Going Concern

JANUARY 26, 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. But federal monitoring is making a comeback under new leadership. AI Is your firm keeping pace?

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Withum

JANUARY 17, 2023

Back in 2006, I answered a job posting in the local newspaper for a research position at a forensic accounting firm. We started seeing higher demand for research, which continues to grow, especially as the accounting world expands. Information provided by company owners, employees, and outside accountants can be quite revealing.

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Going Concern

APRIL 22, 2024

Thomson Reuters writes about the National Pipeline Advisory Group (NPAG), one of the AICPA’s multi-faceted initiatives to address the accounting talent crisis. The accounting talent pipeline discussion in the press and social media has centered around the idea of modernizing the licensure requirements.

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Going Concern

OCTOBER 25, 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. LLP, with WAMY and its counsel, engaged in wrongful conduct during Marks’ engagement with WAMY.

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Going Concern

DECEMBER 23, 2022

We will be out of office next week but have scheduled some things to run while we’re gone for those individuals who are severely addicted to accounting shitposts and simply cannot go without. The average British worker’s pay in 2023 is expected to fall back to 2006 levels once inflation is taken into account, according to PwC.

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