Accounting June 12, 2024
EY to Invest $1 Billion in Effort to Attract New Accountants
The firm said the investment includes a boost in compensation for entry-level accountants as well as other tech-related initiatives.
PCAOB June 11, 2024
Erica Williams Gets Second Term as PCAOB Chair
Williams, who was sworn in as PCAOB chair in January 2022, will begin her second term on Oct. 25, lasting through Oct. 24, 2029.
Payroll June 11, 2024
Small Businesses Increased Hiring for Fourth Consecutive Month, CBIZ Index Shows
The Small Business Employment Index from top 15 accounting firm CBIZ reported hiring gains in every region in the U.S. last month.
Accounting June 11, 2024
Here Are the 40 Elijah Watt Sells Award Winners for 2023
Forty out of more than 86,000 candidates who sat for the CPA exam last year were recently honored for their high scores.
Auditing June 10, 2024
PCAOB Fines Florida-Based Firm L&L CPAs $75,000 for Auditing Blunders
The firm and three people were sanctioned for violations related to quality control, auditing failures, and missing Form AP deadlines.
Firm Management June 10, 2024
CLA Global Names Paul English as CEO
He succeeds Sancho Simmonds and Joseph Kask, who have co-lead CLA Global since the network was formed in 2022.
Firm Management June 10, 2024
Cohen & Co. Admits 7 to Partnership
The top 50 firm announced its new partner class for 2024 on June 6, as well as two new members of its board of managers.
Firm Management June 7, 2024
Finding Qualified Staff Is the Top Issue Facing Most CPA Firms In 2024
The AICPA revealed topline results of the PCPS CPA Firm Top Issues Survey during a Town Hall at ENGAGE 2024 this week.
Taxes June 6, 2024
Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut
An academic study tried to identify the correlation between corporate tax positions and the projected IRS budget for the following year.
Accounting June 6, 2024
CPA Business Execs Feel Less Optimistic About the Economy
After feeling extremely optimistic about the U.S. economy in Q1, that sentiment fell in Q2 due to a variety of factors, the AIPCA said.
Auditing June 6, 2024
AICPA Updates Practice Aid for Auditing Digital Assets
Guidance was added on auditing the valuation of digital assets and audit procedures regarding their existence, rights, and obligations.
Taxes June 5, 2024
IRS Urges Clean Fuel Producers to Apply Now for Tax Credit
Fuel producers eligible to claim the Clean Fuel Production Credit starting Jan. 1 should apply for registration ASAP, the IRS said.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
