Going Concern

OCTOBER 18, 2024

SEC’s Dropped Auditing Charges Shows Damage of Jarkesy Decision [ Bloomberg Law ] The Securities and Exchange Commission’s recent decision to drop misconduct charges against a handful of auditors proves the SEC v. Sign up for Always-On Recruiting to get more great candidates like these in your inbox every week.

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Going Concern

JANUARY 1, 2025

The AICPA’s admonishment of honest CPAs to adhere to Circular 130 when it was being flouted for 2 years by fraudsters with no repercussions. Add on a CPA cert that takes a year to study for and obtain. People need to go to prison. The likelihood of another Arthur Anderson/Enron blowup. FASB changes Elitism. It’s not enough.

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CPA Practice

NOVEMBER 11, 2024

The Future Of AI For Productivity In Public Practice Is Brighter Than Ever Our K2 Enterprises team continues to teach practical AI courses for public practice professionals and industry CPAs. In the coming months, my K2 organization and this column will continue to cover useful AI tools for Client Accounting Services (CAS), tax, and audit.

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CPA Practice

OCTOBER 17, 2024

Here’s how to attract them to accounting: Make the education requirements for CPAs less onerous and expensive. Pay a more attractive entry-level accounting salary. The potential for accounting roles to require long hours for low compensation is not appealing to many possible entrants to the profession.

Technology 124

Technology Account accounted accountant 124

TaxConnex

NOVEMBER 21, 2023

In the world of accounting and tax, CPAs, accounting firms, and advisory firms play a vital role in helping individuals and businesses manage their finances and stay within the rules. As a trusted advisor to your client, it’s important to be prepared for the eventuality of an equity event or even an audit. Audit notices.

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CPA Practice

APRIL 18, 2025

Emerging technologies are rapidly changing auditing. From enhanced accuracy to streamlined workflows, these innovations are transforming the way CPAs and auditors work. But how can you harness the potential of these tools to stay ahead of the curve?

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MyIRSRelief

OCTOBER 28, 2022

The most frustrating method is the audit and if you receive an exam notice in the mail, you better take it seriously. This should include your right for CA FTB Audit representation. Our tax representation firm can help you get the best possible outcome from your audit. Reasons why you should have FTB Audit Representation.

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California audit Tax income tax 130

LSLCPAs

MARCH 18, 2025

The post Financial Audits Are Essential in Business Succession Planning appeared first on LSL CPAs. While sellers focus on maximizing value and ensuring a smooth transition, potential buyers or successors are busy assessing risks and long-term potential.

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MyIRSRelief

JULY 3, 2023

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

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Going Concern

FEBRUARY 6, 2025

They said : A task force of the American Institute of CPAs Professional Ethics Executive Committee (PEEC) will seek public comment on its preliminary conclusions about revisions to independence rules related to alternative practice structures, changes driven by the increasing prevalence of private equity investment in accounting firms.

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Going Concern

JUNE 9, 2022

Those employers with a history of mismanaging their human capital , like the largest audit firms, are being hit the hardest. Enrollments in accounting majors and the quantity of newly minted CPAs are both down. Of course, this means audit fees are going up. On what planet does this make sense? Looking for solutions.

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CPA Practice

SEPTEMBER 13, 2023

Celebrating its 100 th birthday in 2023, the Arizona Society of CPAs works to create opportunities for its members, while working to promote the interests of Arizona CPAs with governments and regulatory agencies and organizations. We represent the voice of the CPA profession at the Arizona Capitol,” says Yandle. “We

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Arizona cpas CPA Louisiana 105

CPA Practice

MAY 14, 2024

As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent.

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MyIRSRelief

MAY 22, 2023

Chicago, Illinois is home to numerous businesses and individuals who may face tax-related challenges such as tax audits, back taxes, and payroll tax problems. The process of resolving tax issues can be overwhelming and stressful for taxpayers, and seeking professional (EA, CPA, Lawyer) tax help can be a wise decision.

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payroll tax payroll audit Tax 147

Going Concern

NOVEMBER 4, 2024

Given the demands CPAs face — often, they serve on understaffed teams due to a shortage of accounting talent, while also needing to obtain continuing professional education credits in order to maintain their certified public accounting licenses — some experts were not surprised to hear about the multi-tasking practice. “If

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Going Concern

JULY 15, 2024

Thomson Reuters has another survey to share with the world and that’s the 2024 Audit Survey Report from the TR Institute. The current state of audit technology is not static. It would be beneficial to have tools to increase the efficiency of audits.” It’s 2024 so of course generative AI comes up a lot.

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audit Technology auditor New Jersey 114

Going Concern

NOVEMBER 8, 2024

The report also recommends that these private firms be limited to 400 partners, and that they be prevented from offering both audit and non-audit work – like consulting services – to the same client. It’s free! Lovesac to settle accounting violation suit brought by SEC for $1.5

Florida 98

Florida Mississippi audit auditor 98

BuildYourFirm

MARCH 31, 2020

Her affiliations include Massachusetts Society of CPAs, National Conference of CPA Practitioners, and Chair, Mass. Society of CPAs South Shore Breakfast Networking Forum. Block chain is going to change the way we do agreed upon procedures and audits.”. Irene graduated with a B.S. from Babson College.

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cpas Tax Massachusetts CPA 178

Withum

MARCH 8, 2023

CPAs will be influential in assisting private companies in adopting proposed EC ESG Reporting Standards. Withum identifies opportunities for CPAs to assist private companies with their ESG strategy development and execution. How Will CPAs Lead Effective Adoption of ESG Reporting? Are you looking for investors?

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CPA Practice

OCTOBER 18, 2024

So for our auditing friends on the call, talk to me a little bit about accounting memos. There actually are the the American Institute of CPAs actually went through, and they have a startup accelerator that they do. So Brian, I know that from your perspective, you often introduce yourself as recovering auditor. Yeah, Brian F.

Technology 111

Technology Account accounted accountant 111

Withum

JANUARY 25, 2024

Withum is proud to share that Steven Cohen , Partner, has been selected to chair the Audit and Accounting Committee for the Massachusetts Society of CPAs (MassCPAs). With over 26 years of experience, Steven specializes in the audits of government entities , auto dealerships , and higher education and not-for-profit organizations.

Massachusetts 105

Massachusetts audit CPA Account 105

TaxConnex

NOVEMBER 2, 2023

Most CPAs use the fourth quarter of the year for audit and tax planning for clients, strategic planning for the firm and of course, CPE. October 15 th ended the last major income tax due dates in 2023. Look out for our December webinar for an additional CPE credit!)

Sales 263

Sales Tax income tax tax planning 263

CPA Practice

AUGUST 9, 2023

billion between April 1 and June 30, according to a recent analysis from Audit Analytics. billion, while six special purpose acquisition company (SPAC) IPOs raised total proceeds of $980 million, according to Audit Analytics. PwC is the company’s audit firm, according to Kenvue’s Form 8-K. Withum audited Ares Acquistion Corp.

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Going Concern

MARCH 17, 2023

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs. We welcome your feedback and questions.

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Accounting Today

NOVEMBER 30, 2023

Ark Pro CPAs topped the league tables in the third quarter, with five new SEC clients, all in China.

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Going Concern

OCTOBER 21, 2024

In a matter of weeks, we should be hearing that the Pentagon has failed yet another audit. Defense One argues this is a good thing : Far from a mere compliance exercise, the cultural and technological changes required to pass an audit are the same ones necessary to keep U.S. forces dominant.

Account 59

Account accounted accountant South Dakota 59

Going Concern

DECEMBER 1, 2023

The measure targets the non-audit departments of each city branch in China, including consulting, financial advisory, risk advisory and assurance. As I sat under the Commencement tent, I expected to hear messages about working hard to build a company and achieve revenue growth,” Christopher Hill ’23, an audit associate at PwC, says. “I

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cpas audit auditor CPA 111

CPA Practice

FEBRUARY 12, 2024

Once upon a time, tax preparation was a document-heavy practice, requiring people to send their sensitive documents to their CPAs. It also introduces unique challenges that CPAs and tax professionals can’t ignore. It also introduces unique challenges that CPAs and tax professionals can’t ignore. Those days are long gone.

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CPA Practice

MAY 25, 2023

BDO USA, LLP Molly Griffiths, RSM US LLP Rose Jardim, CPA, Jardim & Marotta LLC Adnani Johari, CPA, CGMA, MBA, Brighthouse Financial, Inc.

Massachusetts 98

Massachusetts cpas cma CPA 98

Accounting Today

NOVEMBER 20, 2024

The album provides an enjoyable way for CPAs to earn continuing professional education credit.

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audit cpas Education Account 111

Going Concern

APRIL 19, 2024

CPAs Have a Branding Problem for the Younger Generation [ CPA Journal ] By Jason L. Ackerman, CPA, CFP, CGMA Probably the hottest topic in the profession over the past few years has been the pipeline problem: Firms can’t find qualified individuals to handle the increasingly complex world that CPAs deal with on an ongoing basis.

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Going Concern

JULY 7, 2023

Back to the reason why we’re here, the AICPA has posted a call to all CPAs to help set passing scores for the 2024 CPA exam. If you answered yes to all the above, you can volunteer and participate in determining the passing score for the 2024 CPA Exam. Candidates, please do not blow that inbox up with your CPA exam gripes.

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cpas CPA New Jersey Education 98

Accounting Today

MAY 16, 2024

The American Institute of CPAs' Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.

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CPA Practice

AUGUST 15, 2023

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. 11 for breaking various auditing rules. Snodgrass, Mancera S.C.,

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CPA Practice

NOVEMBER 19, 2024

5 Benefits of Stacked Credentials The decision to stack the CPA and CMA credentials may be the most important decision of your professional career. Do your research, talk with your mentor, observe the trajectory of other CPAs and CMAs, and reflect carefully on what you want out of your career.

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Going Concern

APRIL 21, 2022

For example, the AICPA’s idea of expanding its membership by opening the certified in financial forensics (CFF) certification to non-CPAs runs counter to the exclusivity of the CPA brand. Also, improvements in technology have had a major effect on information systems design, internal control procedures, and auditing methods.

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cpas CPA Virginia Education 98

Going Concern

JUNE 13, 2022

As I’m sure you’ve heard by now the profession is having trouble recruiting future CPAs. Auditors are constrained without their CPA, and studying nights and weekends, can be a difficult, frustrating experience,” said Becky Sproul, Talent and Culture Leader – Audit. Why only Audit? See, I was half right.

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