Firm Management June 25, 2024
Number of the Day: 320%
Public accounting firms are adding far more nonequity partners to its ranks than equity partners over the last 15 years.
Auditing June 25, 2024
Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures
Vancouver-based De Visser Gray was sanctioned for failing to comply with U.S. quality control standards from April 2019 to January 2024.
Auditing June 25, 2024
PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules
KKM CPA Associates in New York and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively.
IRS June 24, 2024
Number of the Day: $5.7 Billion
As of March 31, the IRS has spent $5.7 billion, or 10%, of the $57.8 billion it will receive from the Inflation Reduction Act, TIGTA says.
Accounting June 24, 2024
High Schoolers Get a Taste of What It’s Like to Work at CLA
Interns this summer look even younger than the usual fresh-faced college students who man the cubicles at the top 10 firm.
Firm Management June 24, 2024
Weaver Admits 17 to Partnership
“[They] truly reflect the diversity of experience and geographical reach of our practices and industry groups," CEO John Mackel said.
Firm Management June 20, 2024
PAAST Combines With Fellow Florida CPA Firm SKJ&T
SKJ&T now operates under the PAAST banner, and the combined firm will work out of their Coral Gables and Miami offices.
IRS June 18, 2024
IRS Releases FAQs on Sec. 127 Educational Assistance Programs
If provided under an educational assistance program, certain educational assistance benefits can be excluded from gross income.
Firm Management June 18, 2024
RKL to Merge in Kauffman CPA Co.
The top 60 firm is merging fellow Lancaster, PA-based firm Kauffman CPA Co. into its RKL Virtual Management Solutions subsidiary.
Firm Management June 18, 2024
Clark Schaefer Hackett to Add CPA Firm Rolfes & Swisher
The top 70 accounting firm is set to acquire fellow Cincinnati firm Rolfes & Swisher in a deal that will become effective July 1.
Firm Management June 17, 2024
Dennis Duncan and Torchon Formed After Accounting Firms Merge
This new CPA firm in California is the result of a union between Torchon and Associates and Dennis Duncan and Covington.
Auditing June 17, 2024
PCAOB Adopts New Rules for Auditors on Technology-Aided Analysis
The revised rules provide detail and clarity for auditors when performing procedures using technology-assisted analysis.
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
