Accounting Today
JANUARY 3, 2025
Carvana was accused by short-seller Hindenburg Research of impropriety in a report alleging the auto retailer's subprime loan portfolio carries substantial risk.
CPA Practice
JANUARY 3, 2025
Biden announced his formal decision on Friday after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.
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Going Concern
JANUARY 3, 2025
Psst, take our 2025 Predictions for the Accounting Profession survey. To see 2024 survey results, check out this post. Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday.
CPA Practice
JANUARY 3, 2025
The Financial Accounting Standards Board published aninvitation to comment on Jan. 3 that gives stakeholders the opportunity to provide feedback on the board's future standard-setting agenda.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Accounting Today
JANUARY 3, 2025
Grant Thornton Advisors LLC in the U.S. and Grant Thornton Ireland have combined, bringing together two members of the Grant Thornton International network.
CPA Practice
JANUARY 3, 2025
The trend of southern states netting larger numbers of one-way U-Haul customers continued during 2024, with South Carolina topping the U-Haul Growth Index for the first time. Texas, North Carolina, Florida and Tennessee round out the five leading growth states.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
JANUARY 3, 2025
The top 30 accounting firm has expanded into the Chicago market after acquiring CPA firm KRD Ltd., which has offices in Chicago and Schaumburg, IL, as well as Burkett & Beattie, a CPA firm based in Libertyville, IL.
Accounting Today
JANUARY 3, 2025
RSM welcomes 2025 class of partners and principals; CPAacademy.org honors 2024 Top Presenters; and more from across the profession.
Patriot Software
JANUARY 3, 2025
When you own a small business, its important to have extra cash on hand to use for investing or paying your liabilities. But with money constantly coming in and going out, it can be difficult to monitor how much is leftover. Use a retained earnings formula to track how much your business has accumulated.
CPA Practice
JANUARY 3, 2025
Jan. 2 was a big day at top five accounting firm RSM US, as its new partner and principal class of 2025 was officially announced.
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Accounting Today
JANUARY 3, 2025
The former U.S. Army sergeant shared strange similarities with a suspect in the Las Vegas terror attack, but the FBI says there is no link between them.
CPA Practice
JANUARY 3, 2025
Xeros U.S. small business customers will be able to pay their teams seamlesslywithin the Xero platform, giving them greater visibility into their finances and operations.
Accounting Today
JANUARY 3, 2025
The CFO role is becoming an increasingly vital position within corporations, with many now seeing it as a stepping stone to the CEO position.
CPA Practice
JANUARY 3, 2025
Shamsud-Din Jabbar joined the Big Four firm in 2021, according to a statement from Deloitte, and was working as a senior solution specialist. He also had previously worked at EY after his service in the U.S. Army concluded.
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FraudFiles
JANUARY 3, 2025
With the challenging economy were experiencing, people are constantly asking me how business is going. The assumption is that people and companies dont have money for litigation, and so my business is probably suffering. Add to that the long-term shutdown of various courts, and youd think that business would be slow. But Ive been doing [.
CPA Practice
JANUARY 3, 2025
The company said this gives companies a secure, near-instant alternative to compensate contract talent in the way that suits them best while Remote maintains compliance at home and abroad.
Accounting Today
JANUARY 3, 2025
The traditionally static field of auditing is on the edge of an industry-changing transformation, thanks to artificial intelligence.
CPA Practice
JANUARY 3, 2025
The new platform of roughly 12,000 professionals will include a united Trans-Atlantic advisory and tax practice, as well as independent audit practices.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Randal DeHart
JANUARY 3, 2025
We are witnessing a remarkable transformation driven by Artificial Intelligence (AI) and automation. While these advancements promise to enhance efficiency and speed, business owners must recognize the enduring importance of soft skills in their teams for long-term success and competitiveness. The construction industry has also experienced a significant transformation in recent years, driven by technological advancements.
CPA Practice
JANUARY 3, 2025
Under the new rules, the PCAOB can address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered, as demonstrated by its failures to file annual reports viaPCAOB Form 2 and pay annual fees for at least two consecutive reporting years.
Accounting Today
JANUARY 3, 2025
President-elect Donald Trump has announced members of his senior leadership team at the Treasury Department, who'll work alongside Scott Bessent, his pick for secretary.
CPA Practice
JANUARY 3, 2025
Kies, a longtime Republican lobbyist, will be assistant secretary for tax policy, placing him as a point person at Treasury working on tax cuts Trump has touted as a signature policy issue for 2025.
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Accounting Today
JANUARY 3, 2025
President-elect Donald Trump's threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed boost after a disappointing year.
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