ThomsonReuters

FEBRUARY 5, 2024

The accounting profession is currently navigating through a transformative era. An aging workforce, a dwindling number of new college graduates entering the profession, and a lack of desire to pursue the partner path among existing employees make it challenging to attract new talent and retain experienced professionals. This talent shortage impacts individual firms and leads to systemic problems in the broader business and financial world.

Technology 40

Technology Tax cpa firm audit 40

Going Concern

FEBRUARY 5, 2024

The Aussie Corporate ( Insta ) recently shared some uniquely Deloitte motivation attempts and we must warn you, it’s bad. Why are firms like this? HAHAHAHA because we make you work too much LOL aren’t we funny!! But wait! There’s more! Ten posters to be exact, nine of which are terrible. View this post on Instagram A post shared by The Aussie Corporate (@theaussiecorporate) This set includes: Don’t “circle back” Do Talk straight [Take your own advice here, Big

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Accounting Today

FEBRUARY 5, 2024

PwC US has elected Paul Griggs as its next senior partner, succeeding Tim Ryan after Ryan retires on June 30.

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Summit CPA

FEBRUARY 5, 2024

A Conversation with Jeff Bartsch Someone wants something: love, money, success, happiness. To get that thing, they overcome obstacles: dragons, villains, natural disasters, the doubting voices in their head. At the end of the day, they get the thing and go home, a changed person. That’s the recipe for a story: Desire, conflict, transformation. When Jeff Bartsch – founder of Story Greenlight – spells it out like that, suddenly a story is not just an anecdote you share at the dinner table.

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CPA accountant accounted Account 105

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

Accounting Today

FEBRUARY 5, 2024

The IRS is pushing back payment and filing deadlines for those impacted by storms and flooding in Maine.

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Maine Tax 120

Insightful Accountant

FEBRUARY 5, 2024

Murph says, "if you have multi-entity clients using QuickBooks Desktop or Online, you need to take an hour out of your busy schedule to attend this 'free' webinar.

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quickbooks 104

CPA Practice

FEBRUARY 5, 2024

Ashley V. Johnson, CPA, EA – 2023 “40 Under 40” Honoree Founding Partner J&F Advisors, PLLC www.jandfadvisors.com Career Highlights Ashley Johnson, a Founding Partner and strategic leader at J&F Advisors, PLLC, is committed to advancing the firm’s mission and elevating it among the top CPA firms in Detroit. In her capacity, she effectively oversees revenues, manages cash flow, and directs credit operations.

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CPA Non-Profits accounting careers cpa firm 98

Accounting Today

FEBRUARY 5, 2024

The Top 25 Firm based in New York has added a firm headquartered in Wakefield, Massachusetts, expanding Marcum's government client base in New England.

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Massachusetts New York Government accountant 98

CPA Practice

FEBRUARY 5, 2024

Marcum LLP has entered a merger with Wakefield, Massachusetts-based Powers & Sullivan, LLC, effective February 1, 2024. Massachusetts-based Powers & Sullivan has a portfolio of services spanning accounting, auditing, and management consulting, with a specialized practice focused on auditing governmental entities. Four partners and 26 associates from Powers & Sullivan are now integrating into Marcum’s team.

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Massachusetts Management Consulting audit Government 81

Accounting Today

FEBRUARY 5, 2024

The gift outlays — and the many rules and potential duties tied to them — can affect clients' long-term trail toward RMDs, Roth IRAs, the FAFSA and other areas.

Tax 97

Tax 97

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Technology

Cherry Bekaert

FEBRUARY 5, 2024

Project Hunt Forest Products and Tolko Industries Ltd., two of the nation’s leading wood product companies, partnered to remediate a brownfield site for the development of a new sawmill located in the non-metropolitan Bienville Parish, Louisiana. Located in a Persistent Poverty County, the new site will replace an old mill in the unincorporated community of Taylor that has been closed for 15 years.

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Louisiana Tax Construction Transportation 78

Accounting Today

FEBRUARY 5, 2024

Baker Tilly US LLP is receiving an infusion of funding from a pair of private equity firms, Hellman & Friedman and Valeas Capital Partners, making it the biggest accounting firm to date to accept PE funding.

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accounting firms Account accountant accounted 87

CPA Practice

FEBRUARY 5, 2024

Baker Tilly said on Monday it has received a “significant investment” from private equity firms Hellman & Friedman and Valeas Capital Partners in what the top 10 accounting firm says is the largest private equity investment in the CPA sector thus far. Financial terms of the deal, which is expected to close in early June, weren’t disclosed. The Financial Times reported that H&F and Valeas would take an equity stake of about $1 billion for just over 50% of the Chicago-based accounting and

Legal 64

Legal CPA public accounting accounting and finance 64

Accounting Today

FEBRUARY 5, 2024

The American Institute of CPAs has sent a letter to the Treasury Department and the Internal Revenue Service asking them to postpone the effective date of their final regulations on donor-advised funds.

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cpas Tax 81

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

payroll

Accounting Insight

FEBRUARY 5, 2024

Accountants are the most trusted outside advisors most small businesses have. This leads to conversations about far more than just “the books”. Good accountants can use this advisory time to lock in strong relationships with their clients. And a big issue coming down the pipe for businesses is some sort of accounting of their carbon emissions. Why accounting for emissions is on the up There is currently no regulatory requirement for smaller firms to audit or report on their emissions.

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audit Manufacturing Maine Legal 59

Accounting Today

FEBRUARY 5, 2024

ADM shook the commodity world last month after it suspended CFO Vikram Luthar and cut its earnings outlook pending an outside counsel inquiry into its accounting practices involving its troubled nutrition segment.

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Account accounted accountant Agriculture 75

Withum

FEBRUARY 5, 2024

In this two part video series, Withum Partner and E-Commerce Practice Co-Leader, Lonnie Bloom , sits down with Sharebite’s Co-Founder and CEO, Dilip Rao , to discuss the FoodTech ecosystem. Nourishing Insights – Part 1 In Part 1 of this interview, Withum Partner and E-Commerce Practice Co-Leader, Lonnie Bloom , sits down with Sharebite’s Co-Founder & CEO, Dilip Rao , discuss Sharebite and its leading meal benefits platform that was built exclusively for companies to feed employee

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E-commerce Technology 59

Accounting Today

FEBRUARY 5, 2024

Prosecutors sought a five-year prison sentence along with a fine on charges of stock-price rigging and accounting fraud.

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accounted Account accountant 75

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Finance

Anders CPA

FEBRUARY 5, 2024

Assistant controller David Henroid, CPA , was named a St. Louis Small Business Monthly (SBM) Top Business Advisor. The advisors included on the list were nominated by SBM readers as the best advisors for business owners in the St. Louis region. David discussed the biggest challenge facing business owners and offered them his best advice. Many small business owners want to be involved with all or most aspects of their business, but they cannot do it all as business needs can quickly surpass their

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Missouri Real Estate accounts payable public accounting 59

Accounting Today

FEBRUARY 5, 2024

The House Freedom Caucus suggested Congress pay for emergency aid to Israel by cutting funding for the United Nations, repealing the IRS expansion, rescinding the Department of Commerce "slush fund," or ending what it called climate-change tax credits.

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Tax 61

CPA Practice

FEBRUARY 5, 2024

Top 20 accounting firm CohnReznick admitted 24 professionals—18 men and six women— to its partnership on Feb. 1. The newly admitted partners and principals bring expertise across advisory, assurance, and tax, and play integral roles in the firm’s industry groups. “CohnReznick’s ability to deliver world-class client service is driven by our commitment to recruit, develop and reward outstanding individuals who demonstrate the capability to lead our firm into the future,” CohnReznick CEO David Kess

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New York accounting and finance Tax accounting firms 52

Reckon

FEBRUARY 5, 2024

Guest post by Maya Kirianova Managing fixed expenses is essential for individuals, families, and businesses when it comes to management. These expenses refer to the recurring costs that remain relatively stable in terms of their amount. Examples of fixed expenses include rent or mortgage payments, utility bills, insurance premiums, loan repayments, and more.

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accounting and finance Finance Expense Management Start-ups 52

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

CPA Practice

FEBRUARY 5, 2024

Members of the New Jersey Society of Certified Public Accountants (NJCPA) visited 65 high schools in the state during the fall of 2023 to inform students about the benefits of having a successful career in accounting and how to become a certified public accountant (CPA). Through the NJCPA Career Awareness Program, more than 60 NJCPA members made presentations throughout New Jersey.

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New Jersey accounting careers cpas Account 52

Insightful Accountant

FEBRUARY 5, 2024

Changes to the AICPA Statements on Standards for Tax Services (SSTS) are potentially impacting CPAs. While these changes do not govern EAs and other tax preparers, CPAs who offer even a small amount of tax services should be paying attention.

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Tax cpas tax preparation tax services 52

CPA Practice

FEBRUARY 5, 2024

By Adam Lean. It used to be that all an accountant had to do to earn respect, win over new clients, and have a growing firm was simply be a great accountant. Those days are over. They’re over for a few reasons: Reason #1: Most clients don’t value accounting as much as we think they should. Reason #2: Most clients (especially business owners) would rather their accountant give them advice (instead of simply being a recorder of the past).

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Account accounted accountant tax return 52

Withum

FEBRUARY 5, 2024

DOL CAP Audit Series While CAP audits can examine any financial, business and compliance aspects of a Union, there are a handful of topics that tend to be examined frequently among unions. Officer and Employee Expenses and Compensation – For example, the method for approving officer salaries, adherence to DOL documentation requirements and Union policies for expense reimbursements and credit card charges, reporting of gifts on LM-30, background checks, etc.

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audit Expense Reimbursements accounting firms accountant 52

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

CPA Practice

FEBRUARY 5, 2024

Randy Johnston and Brian Tankersley, CPA, explored CES 2024 in Las Vegas in January. In this podcast, they highlight some of their favorite personal tech they saw on display. Use the podcast player below to listen to the podcast. Transcript (Note: There may be typos due to automated transcription errors.) SPEAKERS Brian F. Tankersley, CPA.CITP, CGMA, Randy Johnston Randy Johnston 00:03 Hey, welcome to Technology Lab.

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Technology Account accounted accountant 52

Anders CPA

FEBRUARY 5, 2024

Reserve Your Spot Now! Register Now Financial metrics are an important asset for growing a Cannabis business. In this webinar, you will discover how much cash your business should have in the bank, what a forecast is and why you need one, how metrics can serve as levers to increase profitability, and how to measure your pipeline. You’ll also learn how to compare your metrics to other businesses in the industry.

CPA 52

CPA 52

CPA Practice

FEBRUARY 5, 2024

Terrell Turner, CPA – 2023 40 Under 40 Honoree Founder & CEO TLTurner Group www.TLTurnerGroup.com Career Highlights In the past year I have been featured in a NY Times Square ad as a top CFO, was selected to be the Chair of the Law Firm finance committee for the American Bar Association, been recognized as a top 20 global finance influencer, I’ve been invited to speak for over 13 public events in one year.

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CPA accounting and finance Finance accountant 52

Anders CPA

FEBRUARY 5, 2024

At the first year anniversary of recreational cannabis in Missouri, the state industry is healthy. The transition from medical to recreational cannabis went smoothly, with licenses issued quickly. While demand far outstripped supply in the early weeks of the transition, supply is now up. With sales at the $2 billion mark in the first year, the industry is full of promise — but despite those encouraging numbers, there was still a fall in retail prices throughout the year, indicating that un

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Missouri Education Sales Retail 52

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