Going Concern

FEBRUARY 27, 2023

In Australia, EY is still bungling this one up : EY accidentally leaked the personal details of current and former employees while trying to launch a massive review into the firm’s workplace culture. Yet that is what the IRS deals with every day.” From FloQast : Six in ten (63%) U.K.

Technology 105

Technology accountant accounted Account 105

Going Concern

JULY 26, 2024

The multinational accounting firm promoted Carr to partner in 1999. She also founded Deloitte’s National Tax Accounting Group and helped create its Global Tax Accounting Group, which she is leading until her September retirement.

Oklahoma 105

Oklahoma audit South Dakota accounting firms 105

Going Concern

OCTOBER 3, 2024

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Real Estate 110

Real Estate accountant accounted Account 110

Going Concern

JANUARY 19, 2024

Practice Protecting tax accounting information: Best practices for IT professionals in data security and confidentiality [ Thomson Reuters ] Accounting firms are entrusted with a wealth of sensitive financial data, including tax records, income statements, and other confidential information.

Arizona 104

Arizona accounting and finance audit Technology 104

Going Concern

SEPTEMBER 19, 2024

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accountant 105

accountant accounted Account Construction 105

Going Concern

AUGUST 31, 2023

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accountant 116

accountant accounted Account CPA 116

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. James Nelson started the firm in the city in 1923.

Colorado 111

Colorado audit CPA Texas 111

Going Concern

APRIL 6, 2022

Senior tax accountant: 1.4%. Tax accountant, 1-3 years’ experience: 1.6%. Entry-level tax accountant: 2.6%. Senior auditor: 1.6%. Auditor, 1-3 years’ experience: 2.2%. Entry-level auditor: 1.6%. Senior manager/director: 2%. Manager: 2%. Audit and assurance services. Manager: 1.4%.

accountant salary 72

accountant salary accountant accounted Account 72

Going Concern

SEPTEMBER 22, 2023

“The job security and the ability to have a comfortable life motivated me at first,” said Khokhar, who served as a senior accountant at two construction firms and senior auditor at an accounting firm. But once I started, had some work and life experience, I realized there are better options out there.”

accountant 116

accountant accounted Account CPA 116

Going Concern

MAY 2, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

Going Concern

FEBRUARY 13, 2025

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accountant 52

accountant accounted Account Real Estate 52

Going Concern

SEPTEMBER 18, 2023

This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations. These new employees will be focused on higher-income and complex tax areas like partnerships, not average taxpayers making less than $400,000.”

audit 64

audit accountant accounted Account 64

CPA Practice

SEPTEMBER 9, 2024

End-to-end managed sales tax solution provider Zamp released a “white label” product called Z-Tax, enabling accountants to seamlessly integrate a sales tax compliance solution into their own offerings. based tax jurisdictions. The solution has a deep library of product tax codes in the U.S. “We

Tax 52

Tax accountant accounted Account 52

Going Concern

JUNE 13, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

Going Concern

JUNE 21, 2024

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Real Estate 52

Real Estate accountant accounted Account 52

Going Concern

FEBRUARY 19, 2024

Underemployed staff at the Big Four auditors risk losing their jobs as firms step up their scrutiny of employee workloads in a downturn. EY and Deloitte are among firms that are letting inactive employees go at performance reviews outside of already announced job cuts, according to sources.

auditor 59

auditor accountant accounted Account 59

Menzies

JANUARY 20, 2023

Menzies LLP - A leading chartered accountancy firm. Menzies are often appointed by the Finance Directors of large companies and groups to work alongside their existing auditors. We can guide you through these reporting requirements and explain how these regulations will apply to your company.

Finance 52

Finance Tax tax return accounting and finance 52

Shay CPA

SEPTEMBER 18, 2024

SaaS, for example, isn’t subject to sales tax in California but is in New York. In a field audit, the auditor comes in person to look over your records. If you don’t have someone on your team to take this on, get in touch with your CPA or outside accounting firm. You can change the venue to your accounting firm’s office.

audit 52

audit auditor income tax payroll 52

Going Concern

JUNE 27, 2024

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Real Estate 52

Real Estate accountant accounted Account 52

CPA Practice

NOVEMBER 9, 2023

Thomson Reuters, a global content and technology company, has added several updates to its suite of tax, accounting and audit products, it announced at its annual customer event, SYNERGY. We’re also unveiling enhancements that will support auditors with automated detection of anomalies in audits,” van Rijn continued.

Technology 52

Technology corporation tax tax preparation auditor 52

Going Concern

AUGUST 15, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

Going Concern

MAY 6, 2022

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. billion claim against Big Four auditor EY for alleged negligence. The next big accounting firm merger? Alvarez & Marsal Launches $2.5B

auditor 52

auditor audit CPA Real Estate 52

Going Concern

NOVEMBER 14, 2024

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Real Estate 52

Real Estate accountant accounted Account 52

Going Concern

MAY 16, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

Going Concern

JULY 11, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

Going Concern

AUGUST 22, 2024

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Real Estate 59

Real Estate accountant accounted Account 59

ThomsonReuters

MARCH 19, 2024

Data breaches and unauthorized access are real risks, and acknowledging these concerns is the first step toward choosing professional AI-powered tax research solutions built specifically for tax professionals and backed by the highest standards in security. Make sure they come to you as a first point of contact.

Tax 52

Tax Technology Education auditor 52

Going Concern

MAY 2, 2023

We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing ? We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. In the U.S.,

auditor 111

auditor audit accounting degree Management Consulting 111

Going Concern

MAY 5, 2023

The models can read documents and pull-out information that auditors are looking for. “It It makes doing audits much faster, eliminating some of the human error, providing move value to some of the accounting audit work that we do for our clients,” he said. Richard Blumenthal (D-Conn.) and Ron Johnson (R-Wis.)

audit 111

audit cpas auditor Mississippi 111

Going Concern

JANUARY 26, 2024

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. AI Is your firm keeping pace? How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations.

accountant 119

accountant accounted Account audit 119

Going Concern

JUNE 17, 2024

ProPublica did a story on “how remote work and artificial intelligence are ushering in new kinds of fraud in state and local governments” and interviewed Washington state auditor Brandi Pritchard. The way our subject treated her staff compared to the way she treated the auditors felt off. ” Two EY partners, Alison G.

accountant 59

accountant accounted Account auditor 59

Going Concern

NOVEMBER 24, 2023

KPMG extends pay freeze to 12,000 UK staff [ Financial Times ] Bosses at the Big Four accountancy firm told staff across its four divisions in recent weeks that they would not receive a pay rise this year unless they were promoted, according to people familiar with the matter.

auditor 116

auditor audit tax return cpas 116

AdviceForTaxpreparers

JULY 29, 2019

Why was Janet Jackson’s accountant so upset when she had a wardrobe malfunction? Why did the accountant divorce the banker? Why did the auditor get hit by a car when he crossed the road? Why did the accountant wear New Balances? What’s an accountants favorite sport to play during busy season? Ultimate FASB.

tax preparation 212

tax preparation accountant accounted Account 212

ThomsonReuters

MARCH 5, 2025

AI toolsspecifically, generative AI (GenAI) are impacting the tax profession in many ways : how tasks are performed, how clients are served, and how skill sets need to change. Use cases: AI for tax work First, lets look at the ways AI can benefit tax and accounting practices.

Tax 59

Tax Technology accounting and finance Non-Profits 59

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

tax preparation 98

tax preparation CPA Illinois payroll tax 98

Going Concern

NOVEMBER 3, 2023

How will AI affect accounting jobs? Thomson Reuters ] While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools. billion in assets under advisement or management, the firm announced Wednesday.

financial statements 115

financial statements accounting firms Tax audit 115

Going Concern

JULY 12, 2024

Just some common themes: “Some enormous scandal will happen because of all this offshoring we do,” “The massive AI investments will fizzle as the limits of generative AI are found to not nearly match up with the costs, leading to reinvestment (in offshore workers),” “PE owned firms will go up in flames.”

audit 102

audit Kentucky Technology North Dakota 102