CPA Practice

OCTOBER 11, 2023

Public accounting starting salaries for 2024 are expected to range between 7% and 38% higher than the national averages in eight of the top 10 cities in the U.S. with the highest cost of living. Last week, specialized staffing firm Robert Half released its 2024 Salary Guide , and an analysis of the pay data by CPA Practice Advisor revealed a 3.6% average increase in starting salaries for tax roles in public accounting next year and a 3.8% average increase in starting salaries for positions in au

public accounting 95

public accounting accountant salary Account accountant 95

Accounting Today

OCTOBER 11, 2023

A University of Denver professors suggests replacing the 150-hour rule with a four-year degree and two years of work experience.

cpas 129

cpas Education CPA accounted 129

Insightful Accountant

OCTOBER 11, 2023

Murph has once again compiled a synopsis of some of the key pieces of 'Business News' impacting both our US and international readership.

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Accounting Today

OCTOBER 11, 2023

The median growth rate hit 9.1% in net revenue in fiscal year 2022, according to a new survey, over double the 4.2% growth rate of fiscal year 2020.

cpa firm 126

cpa firm CPA 126

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Spend Management

Going Concern

OCTOBER 11, 2023

Us olds are sitting this one out. The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and other stakeholders, has launched a survey to figure out why modern day accounting students and professionals are so uninterested in pursuing the CPA credential. ICPAS tackled the issue before in 2020’s A CPA Pipeline Report: Decoding the Decline but things have changed since then and young people who graduated into the pandemic may have unique pe

CPA 111

CPA accounting and finance Illinois cpas 111

Accounting Today

OCTOBER 11, 2023

New best practices to help practitioners prepare for the inevitable are just some of the new developments going on at the service, according to NCCPAP.

Tax 126

Tax 126

Accounting Today

OCTOBER 11, 2023

Nearly half the directors on corporate boards would like to see one of the other members replaced, but few changes are happening, according to a new survey.

Government 122

Government accounted accountant Account 122

CPA Practice

OCTOBER 11, 2023

A Top Technology Initiative Article. One blessing of traveling, volunteering to serve on committees, consulting, and teaching CPE to so many accounting professionals is the ability to learn continuously. During the September 26-28 AICPA Executive Roundtable event in New York City, it was a pleasure to see 45 products presented and to meet with top executives representing these products.

Technology 107

Technology New York Education Account 107

Accounting Today

OCTOBER 11, 2023

A group of lawmakers is pushing tax officials to move up the start date for crypto brokerages and exchanges to report on clients' transactions.

Tax 122

Tax Start-ups 122

CPA Practice

OCTOBER 11, 2023

Case studies are an effective way to demonstrate your ability to meet client needs. It is a solid measuring ground for the outcomes and advantages of your team’s knowledge, experience, and expertise. Studies highlighting triumphs are a best-practice marketing method to capture the attention of prospective clients and nurture their conversion to loyal clients.

bookkeeping 106

bookkeeping cpas New Jersey B2B 106

Advertisement

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

Withum

OCTOBER 11, 2023

Businesses of all sizes and across industries face many challenges. In recent years, they have faced a global pandemic, natural disasters that include massive wildfires and hurricanes, rising costs of benefits, rising interest rates and workforce shortages. We know these challenges as national news outlets report on them daily. There is one area of concern for businesses that is not on this list, and it is cyber risks.

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CPA Practice

OCTOBER 11, 2023

Mark Anthony Gyetvay, a former CPA in Naples, Florida, has been sentenced to 86 months in prison for a scheme to hide millions of dollars of income in undisclosed Swiss bank accounts and submitting a false filing to the IRS. Gyetvay was also ordered to serve three years of supervised release and to pay a $350,000 fine and approximately $4,021,074 in restitution to the United States.

Florida 97

Florida Tax tax return CPA 97

Accounting Today

OCTOBER 11, 2023

The changes aim to make the ESG rules more relevant to a global audience.

accounting standards 81

accounting standards Account accountant accounted 81

CPA Practice

OCTOBER 11, 2023

October is National Financial Planning Month, making it the perfect time to consider your family’s future financial well-being, including your decision of whether you need life insurance. If, and how much, life insurance you may need varies depending on the stage of life you’re in. For instance, a new marriage or birth of a child tend to be top reasons for purchasing new or increasing one’s existing life insurance.

Illinois 95

Illinois Education CPA cpas 95

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Finance

Withum

OCTOBER 11, 2023

The Internal Revenue Service (“IRS”) released Notice 2023-63 , on September 8, 2023, providing guidance surrounding the requirement to capitalize Section 174 research and experimental (“R&E”) expenditures for the 2022 taxable year.While many tax accountants and business professionals welcome the additional guidance, the timing was not ideal. The guidance was issued seven days before the 2022 calendar year federal tax extended deadline for S corporations and partnerships, and 38 days before t

income tax 80

income tax Tax accounting standards accounting and finance 80

CPA Practice

OCTOBER 11, 2023

Xero , a maker of small business management and accounting tools, has implemented a generative AI (GenAI) solution in Xero Central to help deliver accurate support answers faster for its millions of customers and users. In partnership with Coveo and powered by GenAI, generated answers are available in Xero Central – Xero’s customer support and learning site – and the feature is just one of Xero’s GenAI experiments announced recently at Xerocon Sydney.

bookkeeping 94

bookkeeping accountant accounted Account 94

Accounting Today

OCTOBER 11, 2023

In this week's Vendor Spotlight, we hear from Ilya Radzinsky, co-founder and CEO of TaxDome.

Technology 78

Technology Tax 78

CPA Practice

OCTOBER 11, 2023

By Amanda Wilkie. Change is the only constant. In today’s fast-paced accounting profession, staying agile and ahead of the curve requires firms to adopt new processes and technology. While we know such changes can drive efficiency and productivity, it’s not uncommon for technology and firm leaders to be met with apprehension, confusion and even resistance.

Start-ups 91

Start-ups Technology Account accounted 91

Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

payroll

Accounting Today

OCTOBER 11, 2023

Negotiators presented a legal text that sets out who can levy the profits of the world's biggest corporations in order to prevent a resurgence of trade tensions.

Legal 75

Legal Tax corporation tax 75

CPA Practice

OCTOBER 11, 2023

By Michael Bernard. State and local jurisdictions have increasingly turned to introducing new fees as they continue to hunt for additional revenue in response to federal COVID funding drying up and borrowing becoming prohibitively expensive. And while fees aren’t exactly sales and use taxes, they do greatly increase compliance complexity for indirect tax teams.

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Minnesota Colorado Tax Oregon 87

Accounting Today

OCTOBER 11, 2023

When Caroline Ellison asked the former CEO in 2020 whether the line of credit would show up in FTX's audit, he said, "don't worry, the auditors aren't going to look at that," she testified.

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audit auditor 75

Going Concern

OCTOBER 11, 2023

Reuters reported yesterday that according to an internal memo someone slipped to them Deloitte is acquiring PwC’s Maldives and Sri Lanka network firms. After the deal, one of the largest such combination deals in the region, Deloitte will have 28 partners and 800 people, a person with direct knowledge of the matter said. PwC’s Sri Lanka and Maldives firms will join Deloitte with effect from Oct. 28, the memo said.

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Technology audit 64

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Account

Accounting Today

OCTOBER 11, 2023

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

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audit Government accounted accountant 75

CPA Practice

OCTOBER 11, 2023

Now in its twelfth year, the AICPA & CIMA’s Women’s Global Leadership Summit is scheduled to take place from November 13 to 15 in Phoenix, AZ. The summit provides the opportunity for both women and men allies to engage in sessions on leadership, diversity and best practices to enhance the skills and potential of women leaders within the accounting and finance community.

accounting and finance 64

accounting and finance Arizona Finance accountant 64

Accounting Insight

OCTOBER 11, 2023

Introducing Alex, an industry thought-leader. Alex is the CEO and Founder of multi award winning digital growth business, Soaring Falcon. They set up businesses online and eliminate most of the processing and typical pain points, while specialising in SaaS and UK Set Up’s. She is also a speaker, ACCA International Assembly Member, Xero’s MVP and APPG Advisor.

Start-ups 64

Start-ups accounting firms accountant accounted 64

Menzies

OCTOBER 11, 2023

Menzies LLP - A leading chartered accountancy firm. The business world has seen a surge in women-led businesses in recent years. The Rose Review , which first started charting the numbers of women in business in 2019, tells us that, in the UK: Over 150,000 new all-women led companies were founded in 2022 – more than ever before; 20.5% of new incorporations in 2022 were all-female led, up from 16% in 2018, all this despite the tough conditions of 2022; The biggest increase was among 16-25 year-ol

chartered accountant 64

chartered accountant Start-ups Education accounting firms 64

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Account

Accounting Insight

OCTOBER 11, 2023

As the accounting industry continues to evolve in an era of digital transformation, it’s crucial that we look into what is impacting practices today and tomorrow. From advancements in technology to shifts in work culture and regulatory changes, these trends are not only reshaping the way accountants work but redefining their role as trusted advisors in an increasingly complex financial world.

Account 64

Account accountant accounted Gaming 64

CPA Practice

OCTOBER 11, 2023

With increasing corporate belt-tightening, finance leaders are focused on boosting the productivity of lean AP teams and taking measures to cut costs. According to a new survey, many are turning to automation to achieve this goal. The 8th annual State of the AP Report, from MineralTree , a Global Payments (NYSE: GPN) company and accounts payable (AP) and payment automation solution provider, looked at progress in modernizing back-office finance processes for businesses amid the impact of multipl

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Finance AP Automation AP Processes Approval Workflows 59

Withum

OCTOBER 11, 2023

On October 7, 2023, California Governor Newsom signed SB 253 and SB 261 , collectively known as the “California Climate Accountability Package,” into law. This law sends a clear message to corporations operating in the state: transparency in carbon emissions and climate risks is non-negotiable, and greenwashing will not be tolerated. Continue reading to delve deeper into the implications of these groundbreaking bills, their effective dates, and how they align with global climate disc

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California payroll Start-ups accounting and finance 59

CPA Practice

OCTOBER 11, 2023

CohnReznick LLP has acquired the Public Sector Advisory Group from Exiger, a technology-focused risk and compliance services firm. CohnReznick is one of the leading advisory, assurance, and tax firms in the United States. The staff and contracts are being absorbed into CohnReznick’s rapidly expanding government advisory practice. Terms of the agreement were not disclosed.

Construction 59

Construction audit Government Tax 59

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales