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Here’s How Mid-Tier Accounting Firms Are Feeling About Private Equity and M&A

Going Concern

As mentioned in this week’s news brief, the Institute of Chartered Accountants in England and Wales (ICAEW) put together a snazzy little report on the state of mid-tier firms based on a survey of managing partners. The public accounting model is shitty enough already without adding another layer of profit bloodletting to it.

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Friday Footnotes: How Much Big 4 Spent on Lobbying Last Year; Super Bowl Bets; CFOs Feeling Good | 2.9.24

Going Concern

Three of the firms also joined industry efforts to designate accounting as a science, technology, engineering, and math—or STEM—field, according to federal lobbying disclosures. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown. “Win big?

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CPE Webinar December 12, 2023: Take the Stress Out of Tax Season with Bite-Size Benchmarks

CPA Practice

Field of Study: Business Management and Organization Register Today Presented by Colin Dunn is a Chartered Accountant with extensive experience in working with accountants to provide them with the tools they need to develop and implement strategies to build better firms. TM Program level: Basic (no prerequisites required).

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Friday Footnotes: Look What You Did, PwC; No Lakehouse This Year; India Wants Its Own Big 4 | 5.3.24

Going Concern

Many firms are seeing increased demand for their services and are navigating hybrid/remote teams, rapidly changing technology and are looking to hire more staff. Deloitte said in January that its AI Academy will teach over 120,000 people and spend $2 billion in technology learning to improve AI and associated capabilities.

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Friday Footnotes: KPMG Pays High Schoolers 20 Bucks an Hour; Deloitte Cyberattacked Too; IRS on ERC | 7.28.23

Going Concern

INSIDE Public Accounting Releases Its Annual Rankings and Analysis of the Nation’s Largest, Fast-Growing Public Accounting Firms [ INSIDE Public Accounting ] “The labor shortage is a major driver behind the behavior of the IPA 100 firms,” says Charles Hylan, managing director at The Growth Partnership, IPA’s parent company.

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Monday Morning Accounting News Brief: Offshoring Frustrations; Generative AI Generates Big Billable Hours | 7.1.24

Going Concern

Contrary to what is taught in accounting programs across the country, the final stages of a career in finance and accounting aren’t only a life sentence on a partner track at a public accounting firm. But when it comes to how to use the technology, many companies are directing their inquiries to consulting firms instead.

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Friday Footnotes: EY Can’t Hire Tech; John Doe Sues the PCAOB; Auditors Can’t Find Torpedoes and Missiles | 1.20.03

Going Concern

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. But that doesn’t appear to be the case. appeared first on Going Concern.

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