Firm Management August 21, 2023
15 Accounting Firms Are Now Members of the ‘Billion-Dollar Club’ in the U.S.
According to INSIDE Public Accounting, 15 firms made $1 billion or more in revenue during their most recent fiscal year.
Firm Management August 21, 2023
PwC Admits 258 New Partners and Principals
The Big Four firm unveiled its newest class of rainmakers on July 1, a group that includes 142 principals and 116 partners.
Accounting August 18, 2023
PCAOB Gives CPA Firm AJ Robbins the Heave-Ho
AJ Robbins' PCAOB registration was permanently revoked, its owner was barred for life, and the firm was fined $150,000 for audit failures.
Accounting August 18, 2023
SEC Fines Crowe U.K. $750,000 For Poor Auditing of Music Streaming Service
In addition, Crowe U.K. CEO Nigel Bostock will pay a $25,000 penalty and senior auditor Matthew Stallabrass will fork over $10,000.
Firm Management August 18, 2023
Plante Moran Adds 35 New Partners
“There is no doubt this group of leaders will continue to add value to our firm,” said Plante Moran Managing Partner Jim Proppe.
Firm Management August 18, 2023
Crowe Introduces 44 New Partners and Principals
The promotions were the highest in audit and assurance with 16 new partners and principals, followed by 11 in tax and 10 in consulting.
Firm Management August 17, 2023
Top 200 Firm Smith + Howard Merges with Tennessee’s Market Street Partners
Founded in 2016, Market Street Partners provides accounting and advisory services to businesses and individuals in the Chattanooga area.
Auditing August 17, 2023
PCAOB Sees Glut of Faulty Broker-Dealer Audits
More than half of the audits of brokers and dealers inspected by the PCAOB last year had mistakes, according to a new report.
Taxes August 15, 2023
IRS Gives Taxpayers New Faxing Option to Request Relief on Late International Forms
The IRS says this electronic option removes a step in the paper process, which saves time and eases the burden on international taxpayers.
Auditing August 15, 2023
PCAOB Has Handed Out a Slew of Punishments to Audit Firms Recently
The audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug. 11 for breaking various auditing rules.
Firm Management August 14, 2023
BDO USA Calls Its New ESOP ‘a Game-Changer’ for the Profession
The sixth-largest public accounting firm in the U.S. said on Monday its ESOP would be among the largest in the country.
Taxes August 11, 2023
IRS Warns Employers About Abusive ESOP Schemes
The IRS has concerns that employee stock ownership plans are being used by some wealthy taxpayers as a tax avoidance tool.
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
