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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

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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These Are the ‘Best of the Best’ Accounting Firms (Allegedly)

Going Concern

Fresh off the big reveal of the 2024 Top 500 list , INSIDE Public Accounting has released another one of their yearly lists that tends to get less play than the big T100: Best of the Best. Of these “best” firms they say: What all the Best of the Best have in common is a focus on operational and financial excellence.

Insiders

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Friday Footnotes: The Metaverse’s First CPA Firm Gets Sued; CPA Exam Blueprints; Mad Mergers | 1.6.23

Going Concern

“When you have a massive financial collapse like FTX, there are going to be many, many institutions—and perhaps individuals—who allegedly profited improperly along the way,” said Samuel Issacharoff, a New York University law professor. ” California Program Offers Black Students Path to Accounting [ Bloomberg Tax ].

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The Hidden Gem to Firm Growth and Smoother Operations

CPA Practice

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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Building CPA Practice From Scratch: Luke Gheen

BuildYourFirm

Would you leave a safe and comfortable controller position at a large company to start your own CPA firm? in Colorado Springs, did – in his early 30s and without any public accounting experience. CPA in 2011 to help business owners simplify their accounting, save substantial money in tax, and grow their wealth long-term.

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Armanino to Merge in Top 200 Firm Janover

CPA Practice

Garden City will be Armanino’s second location in New York; the firm has had an office in New York City since 2021. It is the 106th biggest public accounting firm in the U.S. The 19th largest public accounting firm in the U.S. The transaction is expected to close on Nov.

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CBIZ Reaches Deal to Acquire Fellow Top 15 Firm Marcum

CPA Practice

billion-dollar megadeal in public accounting was announced this morning, as top 15 firm CBIZ said it’s acquiring another top 15 firm, New York-based Marcum, which would put the combined firm among the seventh largest in the U.S. by revenue after the transaction closes later this year.

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