Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
Accounting January 14, 2025
"These pain points emphasize AI's potential to enhance efficiency, accuracy, and insight generation in finance by addressing time-consuming and error-prone tasks," accounting automation platform Trullion says in a new report.
Auditing January 14, 2025
"While Excel's versatility has made it a staple for decades, it's limitations—such as version control issues, manual data entry errors, and collaboration bottlenecks—are becoming increasingly problematic," accounting automation platform Trullion says in a new report.
Accounting January 13, 2025
One hundred fifty hours will no longer be required to obtain a CPA license in the state of Ohio after Gov. Mike DeWine signed legislation on Jan. 8 that provides two alternate pathways for accountants pursuing the credential.
Taxes January 10, 2025
Currently, only individuals and households that reside or have a business in Los Angeles County qualify for tax relief. However, the same relief will be offered to any counties designated by FEMA in the coming days or weeks.
Taxes January 10, 2025
The IRS expects more than 140 million individual tax returns to be filed ahead of the April 15 federal deadline, with more than half of all tax returns filed this year with the assistance of a tax professional.
Firm Management January 10, 2025
The Grant Thornton global network of accounting firms pulled in a record $8 billion in revenue during its most recent financial year that ended Sept. 30, 2024, a 6.6% increase in U.S. dollars and 8.8% in adjusted constant currency terms over its 2023 revenue of $7.5 billion.
Firm Management January 10, 2025
KPMG finished its 2024 financial year with global revenue of $38.4 billion, a 5.1% increase in local currency terms and 5.4% growth in U.S. currency over the previous year, the Big Four firm said last month.
Accounting January 9, 2025
The open positions include chair and members of the Financial Accounting Foundation board of trustees, FAF executive director, a Financial Accounting Standards Board member, and chair of the Financial Accounting Standards Advisory Council.
Mergers and Acquisitions January 9, 2025
The top 10 accounting firm said Thursday it will be adding 48 professionals to its management consulting practice from Blue Beyond Consulting, a San Francisco-based firm focused on the people side of business, in a merger that is expected to close on March 1.
Mergers and Acquisitions January 9, 2025
The top 20 accounting firm is merging in HDA Accounting Group, a Greenwood Village, CO-based firm that specializes in services exclusively to dental practices, in a deal expected to close in early 2025.
Technology January 9, 2025
The integration, announced on Jan. 9, streamlines and automates accounting processes to help shared customers close the books more quickly and accurately.
Firm Management January 8, 2025
Siegel, who has been CEO of Grant Thornton since August 2022, announced on LinkedIn Wednesday that he was stepping down from his post and will transition to a senior advisor role with the firm.
