Going Concern

JULY 11, 2022

That’s how much Tanvi Shah made in audit before she decided to quit Big 4 for good and make her social media side hustle a full-time gig. This post brought to you by RAID: Shadow Legends, one of the biggest mobile role-playing games of 2019 and it’s tota–oh wait, never mind, wrong post. £3,000 ($3,600) a month.

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CPA Practice

JULY 16, 2024

Virtual, augmented and mixed reality technologies will move beyond video games to provide new ways to explore, analyze and share data, pioneer new process optimizations and connect finance to strategic planning. Accounting professionals who understand and can use (and teach others about!)

Technology 124

Technology accounting firms Account accountant 124

ThomsonReuters

DECEMBER 10, 2024

For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself. Here’s what you need to know about this game-changing technology. Jump to 1. What is agentic AI? How is agentic AI different from other AI?

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Going Concern

SEPTEMBER 9, 2022

Accountants in high demand as average earnings hit almost €120,000 [ The Irish Times ] A survey by industry group Chartered Accountants Ireland in conjunction with accounting firm Barden shows that the average salary package commanded by these professionals rose by €7,000 or 6 per cent to €119,270 last year.

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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

Going Concern

JUNE 9, 2022

The rumor mill got fired up a mere 14 days ago when the Wall Street Journal reported EY was considering splitting its audit and advisory arms (pesky regulators and conflicts of interest and whatnot). This is the weirdest game of tag ever. Well, we might have that answer.

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Going Concern

SEPTEMBER 14, 2022

The PCAOB is busy sniffing out poor audit behavior to remind everyone to be on their game and don’t get caught doing boneheaded things like faking your audit homework because the PCAOB test is tomorrow. Look, the audits don’t have to be perfect. They just have to be performed correctly. Or just send them this.

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audit Gaming accounting firms Account 19

Going Concern

SEPTEMBER 29, 2023

The London-based global accounting firm officially known as PricewaterhouseCoopers International is in talks to lease three floors at a new office building at 3155 Olsen Drive, across from Santana Row in West San Jose, the San Jose Mercury News reported, citing unidentified sources. KPMG offered video game training to some employees.

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Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Following is a summary of the key areas of comment.

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Colorado audit CPA Texas 111

Going Concern

JANUARY 3, 2025

PR Newswire ] Aprio, the 25th largest business advisory and accounting firm in the U.S., announces the strategic acquisitions of two leading accounting firms, KRD, Ltd. The new platform of roughly 12,000 professionals will include a united Trans-Atlantic advisory and tax practice, as well as independent audit practices.

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Going Concern

DECEMBER 22, 2023

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. Outsourcing would also reduce pressure on Evelyn Partners’ head office in London, with the firm understood to be struggling to find space for workers amid expansion efforts.

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auditor audit accounting firms accounting and finance 111

Going Concern

DECEMBER 6, 2023

TLDR summary of this article from ChatGPT: Big 4 accounting firms introduced paternity leave in 2006, but a recent study finds that many fathers, especially in high-pressure environments like audit firms, hesitate to take advantage of it. We conduct interviews with 13 men in audit firms in France.

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Going Concern

SEPTEMBER 23, 2024

Prager Metis’ audit failed, and it failed because they didn’t mean the minimum standard for due professional care. FTX apparently kept its accounting record in Slack channels, personal messages, and QuickBooks. There is also uncertainty over investors’ end game given the difficulties of initial public offerings and trade sales. .

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Going Concern

OCTOBER 31, 2022

The story is behind a paywall but Law.com says that during a recent Law.com webinar, EY global law leader Cornelius Grossmann said a new EY company, split from its audit business, would focus on largescale clients and projects that are multidisciplinary in nature, with legal services being a key—but not dominant—component.

Account 105

Account accountant accounted audit 105

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Table of Contents How to Choose a CPA Firm Name? Choosing an accounting firm name is all about branding and how you want the outside world to perceive you.

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accounting firms Account accountant accounted 52

Going Concern

MAY 12, 2023

As a firm we have had to be proactive in our response to attracting candidates, addressing workforce planning and aligning our recruitment strategy to reflect this.” Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Where’s your sense of adventure?

CPA 111

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Going Concern

MARCH 21, 2023

The products can sort accounts, predict the other side of a journal entry, and populate a tax form with high accuracy. If you’ve been on an audit or prepared a tax return and at some point thought “a monkey could do my job,” you weren’t far off. It isn’t just another game, it’s a different sport. ChatGPT is Usain Bolt.

Account 115

Account accountant accounted tax return 115

ThomsonReuters

JANUARY 3, 2023

What’s more, having additional time to unplug and pursue personal interests outside of work can actually improve audit quality , according to 2021 research by the American Accounting Association. Depending on the size of the firm and engagement, audit teams can have as many as seven professionals. Real-time collaboration.

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Going Concern

MARCH 11, 2024

New York Times wrote a piece on people who bet on the Oscars and included this bit: Because the outcomes of sports games are unknown before the matches, allowing bets on them is considered less risky than bets on awards shows, whose results are decided in advance. Who watches the watchmen—or, in Fortune 500 terms, who audits the auditors?

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CPA Practice

AUGUST 9, 2023

AuditClub, the Audit Service Center for CPA firms and companies, has launched a new alliance model designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients. “In

audit 52

audit Account accountant accounted 52

CPA Practice

AUGUST 30, 2023

But they also overwhelming said it’s boring, it’s stuffy, you do taxes or audit. That’s it, you sit at a desk all day and crunch numbers, and that’s not true either, particularly if you’re in public accounting or doing consulting work for clients. There’s a lot more to it than doing audit and tax. It’s not glamorous.

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Menzies

DECEMBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. Importance of an Audit A lot of business owners think audits are much of a muchness, however their quality can vary significantly. The annual audit is occasionally considered as a commodity purchase.

audit 52

audit auditor accounting and finance chartered accountant 52

ThomsonReuters

JULY 25, 2023

For today’s accounting firms, advanced technology is no longer an option but a necessity. To keep pace in an increasingly competitive landscape, forward-looking firms are investing in artificial intelligence (AI) solutions to automate tax workflow, open up additional revenue streams, and better serve clients.

Technology 98

Technology Tax accounting firms audit 98

Going Concern

FEBRUARY 10, 2023

Talent As tax season approaches, accounting firms are short on staff [ Marketplace ] Oh hey! How can employers optimise working environments to support the needs of their accountancy teams and ultimately retain them, all while adding value to their organisation? The stablecoin firm released BDO’s assurance opinion on Feb.

Florida 105

Florida Tax North Dakota Account 105

Accounting Insight

MARCH 19, 2024

Introducing Inflo, who have been leading accounting firms’ evolution by modernising audit practices. Inflo is at the forefront of transforming the auditing profession. System Stability and Security: Increasing audit system stability and security for peace of mind. How did you get started?

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audit Technology auditor accounting firms 64

Going Concern

NOVEMBER 4, 2024

Reports NL Times : The accountancy firm Ernst & Young (EY) is the latest accounting company to discover exam fraud. The fraud consisted of accountants sharing answers to mandatory tests, which is not allowed. Public trust in the auditing profession is under intense pressure. Should that be allowed?

Account 105

Account accountant accounted auditor 105

Going Concern

APRIL 1, 2024

Related to this I suppose, Alaska Public Media did a story on the city of Anchorage having some municipal audit problems : A long overdue financial audit of Anchorage’s bookkeeping may keep the city from getting tens of millions of dollars in grant money. who founded and runs the accounting technology community Realize.

Account 105

Account accountant accounted audit 105

Going Concern

APRIL 21, 2022

Time to whip out an ancient Game of Thrones meme here: The 2021 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report released a couple weeks ago tells us that the number of accounting graduates trended downward in the 2019–2020 academic year (most recent data available), with decreases of 2.8%

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CPA Practice

APRIL 15, 2024

Here, the responsibilities of accounting firms increase as they are required to authenticate every bit of data coming from AI systems. Accounting firms must manage and maintain their data systems to provide reliable inputs to AI algorithms while complying with data privacy regulations.

CPA 122

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ThomsonReuters

JULY 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage. Sounds great, right?

Technology 97

Technology Tax accounting firms income tax 97

Going Concern

JUNE 24, 2024

.” Fortune wrote about some troubles with Deloitte-managed state Medicaid services : The systems have generated incorrect notices to Medicaid beneficiaries, sent their paperwork to the wrong addresses, and been frozen for hours at a time, according to findings in state audits, allegations and declarations in court documents, and interviews.

Account 98

Account accountant accounted audit 98

Going Concern

JUNE 17, 2022

eFinancialCareers reports that despite accounting firms everywhere struggling to recruit and retain any talent not just the best and brightest PwC is being picky about who it brings in: There’s been no shortage of applications for PWC’s student jobs this year. ” But not so much work as to settle for any old candidate.

Gaming 59

Gaming audit auditor CPA 59

Going Concern

SEPTEMBER 8, 2023

News KPMG halves pay for US partners on gardening leave amid poaching war [ Financial Times ] KPMG’s US partners have been told that they will be put on 50 per cent pay during six months of gardening leave if they quit to join a rival, marking an escalation in efforts by the Big Four accounting firms to stop staff poaching.

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xendoo

AUGUST 2, 2021

Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? . Today, we’ll take a closer look at the business benefits of online bookkeeping and see how these services can help you to get your head out of the books and back in the game. Forensic accounting. IT auditing.

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Going Concern

APRIL 27, 2023

It wasn’t that long ago that Big 4 accounting firms were cagey about staff playing around with ChatGPT on company equipment, consumed by the fear of sensitive client information being fed into the AI black hole. We’ve used that PwC Chad image way too many times recently so have this AI-generated fantasy forest instead.

Technology 111

Technology Legal Healthcare Gaming 111

CPA Practice

SEPTEMBER 16, 2024

Many professionals across various industries have gone to sites like LinkedIn and Reddit over the past week or so to discuss—and to criticize, by some—a recent plan by PwC to monitor where its 26,000 employees in the United Kingdom do their work from starting in January, as the Big Four accounting firm tightens the screws on its hybrid work policy.

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Ryan Lazanis

FEBRUARY 14, 2023

This means that if we want to use Search Engine Optimisation as a strategy to rank higher and be visible in Google’s search queries in order to acquire new business, then we’ll have to play Google’s game. Tip 14: Seek a Professional SEO for Accountants Audit This might be confusing for most accounting firms.

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