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How the Accountant Shortage Is Rippling Through the Startup World

CPA Practice

It’s a tougher economy today,” says Ben Richmond, a certified public accountant who manages the U.S. client base for the small business accounting software platform Xero. The challenge is a lot of the firms aren’t either resourced with the right technology or enough people to get to that.”

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College Accounting Programs Are Taxpayer-Funded Training Programs for the Big 4 and Other Such Muckraking

Going Concern

The lack of new entrants comes from two factors: first a nationwide decline in accounting students (none of whom get hired by small firms); and second because small firms charge too little for their services to be able to pay comparable salaries. A required college curriculum that ignores small business to the tune of lunacy.

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The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

1%) Sovos Tax Solutions 0.5%) * Use tools built-into accounting software (34%) * Use state sales tax agency websites (21.3%) * Other: (8.3%) ————– – Sales & Use Tax Exemption Certificate Management Insight : One of the most easily scrutinized areas by sales tax auditors are exemption certificates, which are often poorly managed by businesses.

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The Best Tech for Accounting Firms: The 2024 Tax and Accounting Innovation Awards Announced!

CPA Practice

The advent of artificial intelligence and machine learning have also started to have a dramatic impact on the practice of public accounting and business management, and we are continuing to see an increased adoption of practical operational uses for these professionals.

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Monday Morning Accounting News Brief: Should Partner Pay Be Tied to Audit Quality?; Capital Markets Cry Out for Accountants | 7.8.24

Going Concern

It’s a tougher economy today,” says Ben Richmond, a certified public accountant who manages the U.S. client base for the small-business accounting software platform Xero. ” On the topic of the accountant shortage wreaking havoc on capital markets, the Robert H.

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