This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
accounting firms audit public accounting 
CPA Practice
APRIL 16, 2024
My generation is more focused on maintaining that work-life balance,” said Kowal, who works at accounting firm EisnerAmper in Philadelphia. “A Last summer she became a tax accountant at wealth management firm Stonehage Fleming. But that doesn’t mean she’s willing to work into the wee hours during busy season. “My
134 
CPA Practice
OCTOBER 3, 2023
in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Audit and assurance services Senior manager/managing director: 4% Manager: 9.4%
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The New Way CPAs are Delivering Value: Aligning Automation with Client Success
Profit in the Details: Rethinking Spend for Monumental Impact
Fall In Love With the Month-End Close
Building a Business Case for Finance Automation
Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape
Going Concern
JUNE 16, 2024
There’s something in the air and it isn’t ripe armpits in the audit room. Something else of interest I saw on Twitter: More thoughts on Private Equity (PE) and Public Accounting firms. New Mountain Capital LLC is the PE firm. As usual, the auditing practice was spun off.
The New Way CPAs are Delivering Value: Aligning Automation with Client Success
Profit in the Details: Rethinking Spend for Monumental Impact
Fall In Love With the Month-End Close
Building a Business Case for Finance Automation
Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape
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. Think about auditing. Audit partner s ? When should you leave? A bsolutely. Same thing.
CPA Practice
NOVEMBER 11, 2024
The Public Company Accounting Oversight Board (PCAOB) revoked the registration of a Chinese audit firm on Nov. auditing rules and for failing to cooperate with an investigation into those violations. 8 for repeated violations of U.S.
111 
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 three rounds in Big 4 audit, I’m living proof that you can always go back. The first jump out. The first boomerang.
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.
119 
TaxConnex
FEBRUARY 27, 2024
For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%).
264 
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.
115 
Going Concern
MAY 26, 2023
The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Boland has appointed Marcelo Bartholo, who heads EY’s eastern region in the US, to be her deputy, and gave King’s job to Dante D’Egidio, chief of the audit business in the same region.
CPA Practice
AUGUST 28, 2024
Origins of the Award In the latter 1990s, the connectivity of the newly adopted internet quickly started to transform how the accounting profession operated within firms and served clients. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.
124 
Going Concern
MARCH 4, 2022
When did you decide you were done with public accounting? Four months before the inspection, one of my large public clients went through a merger and we lost the audit. Another public client in our office gobbled it up for some needed manager-level review and supervision. Before the inspection. The strategy.
Going Concern
OCTOBER 8, 2024
Another small accounting firm has reported a data breach involving the protected health information of a whole lotta people. DA&E provided auditing services to some Aurora area hospitals. Surely the firm isn’t paying retail. The post DAE Get Sick of Hearing About Accounting Firms Getting Their Data Breached?
111 
CPA Practice
OCTOBER 10, 2023
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. Challenges in Public Accounting The public accounting sector faces unique challenges.
105 
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.
124 
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.”
119 
CPA Practice
MAY 10, 2023
The head of the Public Company Accounting Oversight Board (PCAOB) said today that its inspectors found significant deficiencies in the audits of U.S.-listed listed Chinese companies conducted by KPMG’s affiliate in mainland China and PwC’s member firm in Hong Kong. In August, China struck a deal allowing U.S.
111 
Going Concern
OCTOBER 6, 2022
Over the last week we ’ve taken a look at projected public accounting starting salaries in 2023 for eight cities with a high cost of living and 12 cities with a medium cost of living , and how those salaries compare to the national averages contained in the 2023 Robert Half Accounting & Finance Salary Guide. Tax associate.
Going Concern
DECEMBER 16, 2022
The 2021/22 payments include $14 million from an Industry department contract the Audit Office has found to have been “tailored” to company, and massive deals with the country’s cyber spy agency and Defence. Quiz: Test your remote audit knowledge [ Journal of Accountancy ]. Audits could solve crypto’s transparency problem.
CPA Practice
JULY 9, 2023
the developer of the award-winning cloud-based audit automation platform, has announced aquired Advantage Audit from John Wiley & Sons, Inc. Advantage Audit is an audit planning aid and audit program series designed to help auditors comply with risk-based professional standards in a straightforward and efficient manner.
111 
Going Concern
MAY 30, 2024
Says the ICAEW report: While some accountancy firms favour lower-risk organic growth, the mid-tier has been active in using M&A for growth to meet client demand. The majority of respondents (64%) confirmed that their firm had acquired another in the past and 17% had been part of a merger. So this is interesting.
118 
Going Concern
MAY 12, 2022
Given the two-year in-person hiatus we’ve all just been through , even first-year seniors don’t know how to approach audit room protocols. So h ere are some key rules you should follow in the audit room whenever you do go back : Rule #1: Answer personal calls AFTER you are all the way out of the room. Happy auditing!
98 
Going Concern
JANUARY 8, 2024
Hey remember the Bloomberg story last March about how staff shortages at audit firms were causing municipal credit ratings to tank ? Said the Sheridan Press today : The city of Sheridan and Sheridan County’s FY2023 audits will come in after the state-mandated deadline. The late audit was due on the 31st of December.
126 
CPA Practice
AUGUST 15, 2023
The Public Company Accounting Oversight Board (PCAOB) has not been in a jovial mood lately. Shortly after criticizing audit firms for the number of errors they made on public company audits reviewed by PCAOB inspectors last year, the audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug.
98 
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.
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.
104 
Going Concern
SEPTEMBER 30, 2022
auditing requirements because in numerous audits over numerous years Deloitte China asked clients to select their own samples for testing and to prepare their own audit documentation. auditing requirements in its component audits of U.S. issuers and its audits of foreign companies listed on U.S.
111 
BuildYourFirm
MARCH 31, 2020
The Association for Accounting Marketing has been around since 1989 when accounting firms could start advertising for their services. Irene Wachsler is a Certified Public Accountant specializing in accounting and tax solutions for small businesses, self-employed individuals, nonprofits, and the film and entertainment industry.
178 
Going Concern
JUNE 29, 2022
The hardworking human beings at Audit Analytics have released their analysis of initial public offering trends and IPO auditor market share for the first quarter of this year , a period in which the number of companies going public was minuscule compared to Q1 of 2021. Marcum and Withum combined audited 49.3%
105 
Going Concern
NOVEMBER 14, 2023
The PCAOB today announced settled disciplinary orders sanctioning Greece-based PricewaterhouseCoopers Auditing Company SA (PwC Greece) and its partner Nicos George Komodromos for violations of PCAOB rules and standards in connection with the audit of the 2016 financial statements of Aegean Marine Petroleum Network Inc.
118 
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), bringing the headcount to about 3,300. Moving up in the world!
Going Concern
JULY 26, 2022
billion raised by those 46 companies that went public was the smallest amount since the first quarter of 2016 ($2.9 billion), according to a new analysis from Audit Analytics. Even though SPACs are going through a rough patch, public accounting firms that are SPAC auditing machines were kept the busiest in Q2.
97 
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.
52 
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.
124 
Going Concern
AUGUST 29, 2022
Earlier today the PCAOB gave KPMG of the South African variety a slap on the wrist and punished a couple of partners for the firm collaborating with an outside accounting firm not registered with the PCAOB on three years ’ worth of audits of a public company. That non-registered accounting firm was KPMG Zimbabwe.
24 
Going Concern
JANUARY 12, 2024
The auditor in question was Deloitte, the behemoth Big Four accounting firm with annual revenue of $65 billion through a global network that stretches from Amsterdam to Zhengzhou. million in audit fees in 2022.) Audit Do former regulators improve the quality of audits? Tingo paid $1.6
111 
CPA Practice
APRIL 12, 2023
A talent shortage is affecting accounting firms across the demographic spectrum. Each year fewer accountants enter the profession while more CPAs near retirement. According to the Association of International Certified Professional Accountants, the number of U.S. Audit directors and managers work 295.
136 
Going Concern
SEPTEMBER 22, 2023
Michael Harlow to Lead Cannabis Practice at CohnReznick [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has named Michael Harlow as leader of its cannabis industry practice. That compares with the $1.6 billion the company generated for all of 2022.
109 
Going Concern
NOVEMBER 15, 2022
Doritos chose audit senior positions for their research since that tends to be one of hardest to fill roles. About half (12 of 25) of the firms are received an “A” grade, most notably KPMG. Firms that provided wide ranges received worse grades.
115 
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.
98 
Going Concern
NOVEMBER 11, 2022
The Big Four accounting firms are even reaching out to high school students to share that message and creating more flexible work environments, Lansford says. Behemoth’ big four consulting firms keep getting bigger [ Australian Financial Review ]. Income at the big four consulting firms jumped 17 per cent to hit $9.91
98 
Going Concern
DECEMBER 24, 2024
As reported by Journal of Accountancy last week , the AICPA has asked the SEC not to approve the PCAOB’s new Firm and Engagement Metrics rules approved by the audit regulator in November. The rule requires reporting of metrics at both the firm and the engagement levels. Training Hours for Audit Personnel.
105 
Going Concern
NOVEMBER 8, 2023
“It’s not uncommon for an accounting firm to require their lower-level staff, up to four or five years and even after that, to work 80 or 90-hour weeks.” We know of at least one mid-tier firm headquartered in the Midwest that had this very problem, there are no doubt many more we haven’t gotten the scoop on.
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?
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content