CPA Practice

FEBRUARY 27, 2023

Daniel Garigen, who holds a 40% stake in Dansa D’Arata & Soucia CPAs LLP, has accused managing partner Eric Soucia of financial and workplace misconduct in a lawsuit filed this month in New York Supreme Court that seeks to force Soucia to give up control of the company.

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cpa firm CPA Non-Profits cpas 52

Going Concern

NOVEMBER 11, 2022

There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ]. The 2020 and 2021 FTX US audits were performed by New York City-based firm Armanino, according to documents viewed by CoinDesk. Accounting Firm M&A.

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audit auditor Louisiana cpas 98

Going Concern

MAY 26, 2023

Long Read How a Pandemic-Era Program Became a Magnet for Fraud [ New York Times ] Amid the onset of the pandemic in 2020, as large swaths of the economy went into lockdown, Washington set up various programs to help keep businesses and their workers afloat. Have a safe Memorial Day. Here’s the problem: The meaning has become muddled.

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public accounting Account accountant accounted 104

CPA Practice

NOVEMBER 3, 2023

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. In addition, the top 60 accounting firm said it is shifting to an alternative practice structure “ensuring the firm’s independence and strength.”

New Jersey 58

New Jersey cpas cpa firm New York 58

CPA Practice

SEPTEMBER 20, 2024

CPA firms constantly seek ways to boost efficiency, enhance client satisfaction, and drive growth. While technology and strategies play crucial roles, one often overlooked element can be the key to unlocking your firm’s full potential: document management.

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CPA Practice

NOVEMBER 2, 2023

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. In addition, the top 60 accounting firm said it is shifting to an alternative practice structure “ensuring the firm’s independence and strength.”

New Jersey 52

New Jersey cpas cpa firm New York 52

CPA Practice

FEBRUARY 28, 2023

The American Institute of CPAs (AICPA) and CPA.com announced its 2023 Startup Accelerator cohort at a kick-off meeting held at AICPA headquarters in New York. This year’s participants include five early-stage companies pursuing a variety of solutions in audit, accounting, tax and e-commerce.

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E-commerce Technology Texas accounting and finance 52

Going Concern

MAY 15, 2023

Virginia Society of CPAs is tackling the question “ is 150 too many? ” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a barrier to becoming a CPA?

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CPA Practice

JULY 19, 2024

It exists to take the pain out of processes and let professionals working in CPA fi rms and businesses comply with regulations, drive productivity, and better engage with key stakeholders. IRIS has over 100,000 UK and international customers, with 80% having a tenure of five or more years.

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Rhode Island West Virginia South Dakota North Dakota 52

RitaKeller

JANUARY 13, 2021

NEW YORK (Jan. 13, 2021) –The American Institute of CPAs (AICPA) expects the federal government to open up the application process for all lenders participating in the latest round of the Paycheck Protection Program by Friday, and encourages CPA firms to advance the application process for small business clients seeking relief. “We

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cpa firm CPA cpas New York 40

Going Concern

MAY 31, 2023

With their leadership, I look forward to our continued journey creating the advisory CPA firm of the future, today.” Ackerman, CPA Assurance – Real Estate and Construction (Washington, D.C.) Nachenberg, CPA Tax (Encino, California) Joseph C. Polizzano , JD, LLM Tax – Commercial (Manhattan, New York) Claire E.

Wisconsin 52

Wisconsin Real Estate Pennsylvania Illinois 52

Going Concern

MARCH 17, 2023

“A proposal like this could allow for the reinstatement of credit for more than 15,000 CPA candidates and re-open the door for those candidates to complete their journeys to becoming licensed CPAs. The best financial planners or wealth managers will set themselves apart with outstanding soft skills.”

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Government Gambling audit CPA 97

CPA Practice

NOVEMBER 4, 2024

CBIZ, which is a publicly traded accounting services provider (NYSE: CBZ), has acquired the non-attest business of Marcum, while Kansas City, MO-based CBIZ CPAs (formerly Mayer Hoffman McCann), the national independent CPA firm with which CBIZ has had an administrative service agreement for more than 25 years, has acquired Marcum’s attest business.

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Kansas cpa firm cpas New York 52

CPA Practice

MAY 2, 2024

And they’ve been working with CPA and accounting firms for about 20 years, with about 1200 people focused in that area. So you know, with the 150 or so CPA firms that they’re already working with it, you get some things with this team that you might not get otherwise. I’ve, I think this shortage of CPAs is out there, too.

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Technology Account accounted accountant 105

RitaKeller

FEBRUARY 2, 2021

The Association also announced that it will acquire the Business Learning Institute, strengthening its commitment to continuing education and delivering value to businesses and CPA firms. Hood will continue to provide leadership in supporting BLI’s clients, products and services throughout BLI’s integration with the Association.

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accounting and finance CPA cpa firm Real Estate 40

CPA Practice

JULY 8, 2024

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. Shortly before his passing, he became the first African American and youngest chair of the North Carolina Association of CPAs board of directors.

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cpas North Carolina Illinois Texas 120

Going Concern

FEBRUARY 3, 2023

BDO’s culture attracts KPMG auditing veteran from New York [ Australian Financial Review ] An inability to easily visit family in New Zealand during the COVID pandemic led to auditing veteran Fiona Narielwalla moving to Sydney after almost a decade in New York. From the press release: CBIZ, Inc.

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cpas quickbooks accounting and finance North Carolina 112

Going Concern

MARCH 22, 2024

Rising through the ranks at the firm, his career path later took him to London, New York, and Munich serving as EY Global’s director of capital markets, as well as EY’s US chief accountant. Atlas CPAs and Advisors undercut the Utah-based auditing firm by $12,000. Louis, Missouri.

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Minnesota cpas audit CPA 114

Going Concern

OCTOBER 1, 2022

Firm Watch. Years-long trend of consolidation reaches city’s largest accounting firms [ Crain’s New York Business — subscription ]. What is important to remember is that all public accounting firms are not the same. 5), which merged with Friedman in September.

Non-Profits 98

Non-Profits audit auditor public accounting 98

Going Concern

JANUARY 29, 2024

This is part of why New York Governor Kathy Hochul’s recent signing of “non-CPA ownership” into law is such a big deal. More on the New York non-CPA ownership bill. In the column he referenced this ancient document (August 1993) entitled “The case for non-CPA owners in CPA firms.”

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auditor cpa firm Account accountant 52

Going Concern

JANUARY 26, 2024

The declining birth rate also plays a role into the low supply of accountants, according to Henry Grzes, lead manager for tax practice and ethics with the American Institute of CPAs. “It This survey reflects many of the challenges that professionals in CPA firms of all sizes are currently facing.

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Account accountant accounted audit 120

Going Concern

APRIL 8, 2022

CPA firms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPA firms who are ethnically diverse. in 2018 to 34.7%

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Iowa auditor cpa firm CPA 52

Going Concern

AUGUST 26, 2022

KPMG to Cut Manhattan Office Space in Move to New U.S. Headquarters at Hudson Yards [ Wall Street Journal ] The global audit and consulting firm KPMG LLP is shrinking its New York office space by more than 40%, becoming the latest big company to cut back on real estate as it embraces hybrid work. Firm M&A.

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CPA cpas audit cpa firm 98

Going Concern

FEBRUARY 23, 2024

Bowers CPAs & Advisors Makes a Pair of Rochester Moves [ Central New York Business Journal ] Syracuse–based Bowers CPAs & Advisors says it has acquired a Rochester accounting firm and has also relocated its Rochester office. That is in the 19-story KPMG Plaza.

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Going Concern

MAY 19, 2023

Mergers & Acquisitions Another Chicago accounting firm merges in private equity-related deal [ Crain’s Chicago Business ] Private equity-backed consolidation of the accounting industry is making further inroads in Chicago. Additionally, Dan Cruice is joining Copper Advisors to manage the Greer office.

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auditor audit accounting and finance South Carolina 106

Going Concern

AUGUST 25, 2023

Louis Business Journal ] One of the region’s largest accounting firms has named Missy Kelley, the former head of downtown booster organization Downtown STL Inc., to the new position of chief growth officer. “I have noticed in my 20-plus-year career as a partner that productivity has consistently continued to drop.

tax preparation 98

tax preparation CPA Illinois payroll tax 98

Going Concern

MARCH 15, 2024

The New York-based company extended its 125,000-square-foot lease at 55 Second St. Audit The auditor’s role in supply chain due diligence [ Compliance Week ] A recent New York Times report detailed alleged examples of migrant children working for U.S. through September 2026, a spokesperson confirmed.

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auditor cpas audit Iowa 116

Going Concern

DECEMBER 9, 2022

But the chair did direct both the SEC and the PCAOB,” said Diana Stoltzfus, a deputy chief accountant in OCA said at the 17th Annual Audit Conference hosted by the Baruch College Zicklin School of Business in New York on Nov. FRC introduce new measures to support smaller audit firms and ‘improve competition’ [ AccountancyAge ].

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CPA Florida auditor audit 98

Going Concern

JANUARY 13, 2023

Trump’s Company Gets Maximum Punishment for Evading Taxes [ New York Times ]. Are midcareer CPAs happy in your firm? With baby boomers reaching retirement age and fewer accounting graduates choosing to enter public accounting, the pool of talent available to CPA firms is shrinking at both ends.

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audit Account accountant accounted 106

Going Concern

DECEMBER 2, 2022

Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. Report Suggests Tax Audits of Trump Foes Were Random, but Leaves Questions [ New York Times ]. Trump’s chief enemies — the former F.B.I.

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public accounting audit Account accountant 98