Going Concern

JANUARY 9, 2023

Heller takes some of his strategy cues from Big Four accounting firms—which law firm leaders increasingly view as potential competitors. The smartest service businesses in the country are accounting firms,” Heller said. They get it. They understand they need to diversify the revenue streams of the company.

accounting firms 105

accounting firms Account accounted accountant 105

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. Adding other technologies to the mix only increases the potential value.

Technology 124

Technology accounting firms Account accounted 124

Going Concern

MARCH 16, 2023

Firms have to pay talent so much more, in fact, that many of them share the concern of Glen Swanson, CFO at MHCS in Iowa, about “maintaining profitability while having to significantly increase salaries.” Like automation, succession planning, and how to get more Papa John’s coupons.

accounting firms 123

accounting firms Technology Iowa Account 123

CPA Practice

AUGUST 6, 2024

Keeping Your Team at the Top of Their Game So, you’ve built a high-performing team—congratulations! Keeping your team at the top of their game requires ongoing effort and attention. A culture of agility and resilience enables teams to embrace change, bounce back from setbacks, and find new opportunities amidst challenges.

accounting firms 105

accounting firms Account accounted accountant 105

CPA Practice

AUGUST 14, 2023

the sixth-largest public accounting firm in the U.S., said on Monday that it is establishing an employee stock ownership plan (ESOP)—which would allow its more than 10,000 professionals to buy a shared stake in the CPA firm—that is expected to become effective later this month. BDO USA P.A.,

Gaming 98

Gaming accounting firms public accounting cpa firm 98

CPA Practice

AUGUST 28, 2024

As in 2023, AI systems were again dominant among the winners of the 2024 Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. “ Instead also provides an all-in-one platform for accounting firms called Instead Pro.

Technology 124

Technology accounting firms Account accounted 124

ThomsonReuters

MARCH 12, 2021

We’ve seen the impact the COVID-19 pandemic took on succession planning for accounting firms. In this episode of Pulse of Practice “Setting Course for the Next Chapter”, Paul Miller, CPA from Business by Design , and I discuss the importance of accounting firm leaders to continue to build out their succession plan.

accounting firms 98

accounting firms Account accounted accountant 98

CPA Practice

APRIL 25, 2024

One critical factor to improving retention at accounting firms is focusing on the “whole person”—personalizing each professional’s reason to stay, PICPA said. When employees feel appreciated and valued for their efforts, they will not only stay with your firm, but they will also become brand ambassadors.

accounting firms 89

accounting firms Pennsylvania Account accounted 89

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

Accounting Today

OCTOBER 19, 2023

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

Gaming 138

Gaming accounting firms accounted Account 138

CPA Practice

NOVEMBER 12, 2024

Navan, a major provider of travel and expense management reporting, has launched the Navan Accountant Console, a centralized dashboard that streamlines spend management for accounting firms supporting multiple clients, users, and products. There are more than 86,000 CPA and accounting firms in the U.S.

Expense Management 52

Expense Management accounting firms Technology Account 52

Accounting Insight

FEBRUARY 27, 2023

If growth is on the agenda for your accounting firm, then marketing is going to help. Do this first, and your marketing will rise above the noise and help you to win the right type of clients for your firm. Skip this, and you risk your marketing lacking focus and results.

accounting firms 64

accounting firms Account accounted accountant 64

Going Concern

SEPTEMBER 21, 2023

But don’t be fooled—email is secretly a sinister beast, hiding in the shadows as it plots to destroy businesses—including your accounting firm. If your accounting firm still relies heavily on email for client communication and document management, you’re not in the fast lane—you’re on the road to ruin.

accounting firms 59

accounting firms Account accounted accountant 59

CPA Practice

JANUARY 11, 2024

Scott Scarano, superintendent of Accounting High and owner of Padgett North Carolina, talks AI and creativity in the accounting profession. The episode highlights Scott’s journey from traditional accounting with creative pursuits to offering valuable insights into running a successful accounting firm.

accounting firms 52

accounting firms North Carolina Account accounted 52

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.

accounting firms 52

accounting firms Account accounted accountant 52

Going Concern

JANUARY 13, 2025

There is enough data to show most WFH people are not as productive unless they have ownership in the business because quite frankly [link] — Eric Pierre, CPA (@yourfavecpa) January 12, 2025 Venture capitalists are excited about accounting firms according to WSJ : Venture capitalists are known for betting on risky, moonshot technology.

accounting firms 52

accounting firms Account accounted accountant 52

ThomsonReuters

MAY 24, 2023

Faced with increased client expectations and strained bandwidth, today’s accounting firms are in critical need of greater automation and streamlined workflows. Teribery added, “It is pre-built so [firms] don’t need the IT resources. Is it achieving what you want?’

accounting firms 52

accounting firms Technology Account accounted 52

CPA Practice

AUGUST 1, 2024

Top 25 accounting firm Carr, Riggs & Ingram (CRI) CPAs and Advisors has added ProSport CPA—a New Kent County, VA-based firm that specializes in tax and accounting services within the sports and entertainment niche—to CRI’s family of companies.

CPA 105

CPA Entertainment Sports cpas 105

Going Concern

AUGUST 28, 2023

Accounting firms across the pond are ditching Zoom interviews, writes Sunday Times : Zoom calls became the norm for business meetings during the pandemic — but accountancy firms, among the biggest graduate recruiters, are going back to face-to-face interviews when hiring, saying it is easier to assess candidates’ characters.

accounting firms 52

accounting firms CPA Account accounted 52

Going Concern

JUNE 7, 2022

Nothing at all like the luxurious gaming chair your firm WFH stipend covered, though let’s be honest that one is harboring some ghost farts too. But is working from home really a savings game-changer for most workers? Their chairs. Gross, old, shared-space, contains-the-farts-of-coworkers-past chairs.

Gaming 124

Gaming Georgia California Start-ups 124

CPA Practice

APRIL 22, 2024

Client Appreciation Events: Host an event specifically for thanking clients, such as a barbecue or a day at a local baseball game. These can be done over a casual coffee or even a lunch. These events show appreciation and foster loyalty. Send Customized Gifts: Consider sending mid-year gifts that are thoughtful and useful.

accounting firms 52

accounting firms Account accounted accountant 52

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. million) in damages from accounting firm EY for its role in auditing the books of Wirecard before its collapse in 2020, a shareholder group said. Don’t hesitate to reach out.

auditor 111

auditor audit accounting firms accounting and finance 111

CPA Practice

MARCH 14, 2023

She recommends creating the perfect game for your life, selecting your rules, and working on the theme of your game. All these items should be summarized in a budget, even though our Accounting Firm Operations Technology survey shows that a large percentage of CPA firms don’t manage technology from a budget.

Technology 116

Technology Gaming cpa firm Construction 116

Going Concern

SEPTEMBER 15, 2023

A number of accounting firms,1 public companies, professional membership associations and other key stakeholders raised concerns. In addition, in a rare occurrence, PCAOB board members Christina Ho and Duane DesParte — the only two certified public accountants on the board — issued public dissents when the PCAOB issued the proposal.

Colorado 111

Colorado audit CPA Texas 111

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.

auditor 111

auditor audit New York CPA 111

Going Concern

MAY 18, 2023

Is it reallyyyyy a question about why those young whipper-snappers aren’t flocking to join accounting firms anymore, especially those renowned for their abuse? Ben Benjamin Wann, CMA, CSCA, MBA, PMP, CPA Follow me through My blog The post I Love Accounting.

Account 111

Account accounted accountant cma 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. Nice dig at accounting firms’ self-fellating press releases there.

audit 116

audit accounting firms accounting careers auditor 116

Menzies

DECEMBER 19, 2022

Menzies LLP - A leading chartered accountancy firm. However, with seasonal scaling up bringing unique challenges, in particular those relating to taking on staff, firms that fail to plan ahead risk significantly damaging potential margins and missing out on the financial opportunities that this time of year can bring.

Gaming 40

Gaming Retail chartered accountant Start-ups 40

ThomsonReuters

NOVEMBER 8, 2022

From increasing accuracy to optimizing tax workflow to freeing up time for more value-added activities, technology has transformed the accounting industry—for the better. Accounting firm technology trends. Today, automation is the name of the game. So how does automation work at an accounting firm?

Technology 98

Technology Account accounted accountant 98

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

CPA Technology accounting and finance cpas 122

Going Concern

SEPTEMBER 23, 2024

The SEC’s actions should be warning signs to accounting firms regardless of their involvement in the cryptocurrency or blockchain industry. There’s a nice little chart of firms that have taken or are considering private equity investment: Source: Forbes Ah, I’d been wondering if CRI inked a deal yet.

auditor 104

auditor Account accounted accountant 104

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

JULY 11, 2023

And here’s their game plan: As an initial step in remediation of this material weakness, we are engaging temporary third-party resources with the appropriate level of knowledge and experience in accounting and internal control matters to complement the existing organizational structure.

Account 139

Account accounted accountant financial statements 139

Xero

MAY 30, 2022

Accounting advisory services have long been bespoke, expensive, and difficult to resource. This means they’re often only offered to the top 10-20% of clients in a typical accounting firms. For example, XETA – an innovative accounting firm – saw 300% growth every quarter in the company’s first three years.

Technology 111

Technology bookkeeping accounts payable accounting and finance 111

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.

audit 19

audit Gaming accounting firms Account 19

Going Concern

AUGUST 5, 2022

I play GTA V after all, I expect my accounting firm metaverse meeting spaces to at least top the graphics of an almost ten year old video game that’s persisted through three entire generations of consoles. All that to say, I was not initially impressed with this metaverse thing. Just, you know, without the griefing.

Maryland 105

Maryland cpas Gaming CPA 105

CPA Practice

SEPTEMBER 6, 2023

Several AI systems were among this year’s winners of the Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. And email efficiency is only the beginning. Digits AI truly represents the future of business finance.

Technology 122

Technology accounting and finance Tax CPA 122