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Baker Tilly Set to Buy Hayflich CPAs in West Virginia

CPA Practice

The top 10 accounting firm is planning to expand its presence in the Mid-Atlantic region saying Thursday it's intending to acquire Huntington, WV-based Hayflich CPAs.

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Managing strained accounting firm capabilities

ThomsonReuters

Rising client expectations , an ever-changing regulatory environment , and the ongoing war on talent have left many of today’s firms grappling with strained bandwidth. In fact, a 2022 survey by the Virginia Society of CPAs (VSCPA) found that the greatest challenges facing firms are being overworked and understaffed.

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Friday Footnotes: PwC Slashes Partner Class; Accounting Firm Rescues Dog; Do We Still Need CPAs? | 4.19.24

Going Concern

consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines. The Big Four accounting firm is considering adding about 85 U.S. Ardoino stated, “None of the Big Four firms are willing to audit us.”

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Virginia Accountant Admits to Stealing Over $1 Million From Client

CPA Practice

By Stacy Parker, The Virginian-Pilot (TNS) A Virginia Beach, VA, accountant pleaded guilty April 12 to stealing more than $1 million from a client and using an additional $250,000 in COVID-19 small business relief money for personal bills. Maria Reich, 45, former president of On Call Accountants, pleaded guilty in U.S.

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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

Investors Wooed By Big Accounting Firm And Law Firm – It Was All False [ Lexology ] Investors were assured not just by Mr. Ridall but the documents he furnished. Over 30 SCAD graduates are now employed by Deloitte as UX designers, service designers, media creators, and more. He never worked at PriceWaterhouseCoopers.

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How the Accounting Community is Rallying Around Victims of Hurricane Helene

CPA Practice

3 that was attended by members from the Georgia Society of CPAs, North Carolina Association of CPAs, South Carolina Association of CPAs, Tennessee Society of CPAs, and the Virginia Society of CPAs on disaster recovery. Florida Institute of CPAs FICPA hosted a webinar on Oct. The webpage can be found here. The webpage can be found here.

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Cherry Bekaert Acquires DeBlanc, Murphy & Murphy in Maryland

CPA Practice

Top 25 accounting firm Cherry Bekaert has acquired DeBlanc, Murphy & Murphy, a Waldorf, MD-based CPA firm specializing in accounting, tax, and advisory services. Financial terms of the deal weren’t disclosed. The combined team will operate under the Cherry Bekaert brand.