Accounting April 16, 2024
Deloitte’s Time as the Most Prestigious Accounting Firm in the U.S. Has Run Out
After Deloitte ended PwC's 14-year streak as most prestigious firm in Vault's 2024 ranking, PwC took that title back for 2025.
Technology April 16, 2024
Most Accounting Firms Are Shying Away From Using AI—For Now, Survey Finds
While 35% of firms surveyed by Rightworks have no plans to use AI, 38% not using AI technology now might consider it down the road.
Accounting April 15, 2024
PwC Locks Down Top Spot in Vault’s Best Accounting Firms Ranking for 2025
PwC has been ranked the No. 1 best accounting firm to work for by Vault for the last 12 years.
Taxes April 15, 2024
IRS Adds More Census Tracts For EV Charger Tax Credit
These additional census tracts were determined to meet the description of eligible census tracts in Notice 2024-20, the IRS said.
Accounting April 12, 2024
RightTool Wins 2024 Accountant Bracket Challenge
The QuickBooks automation tool defeated CPA Jason Staats, host of the Jason Daily podcast, in the final by a score of 355-110.
Auditing April 11, 2024
PCAOB Really Flexed Its Enforcement Muscles in 2023
Total enforcement activity reached its highest level since 2017 and monetary penalties doubled compared to the record set in 2022.
Accounting April 11, 2024
Fortune Includes 7 CPA Firms in 2024 ‘100 Best Companies to Work For’ List
The same seven public accounting firms that made Fortune’s list for 2023 also made this year’s ranking—just their positioning changed.
Auditing April 10, 2024
PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics
The proposal would direct firms to provide more information, like involvement of partners and auditor turnover, to investors.
Auditing April 10, 2024
PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating
Rampant cheating on internal training exams occurred from 2017 to 2022 and the firm lied about its knowledge of it, the PCAOB said.
Accounting April 10, 2024
Jason Staats Set to Face RightTool in 2024 ABC Tournament Final
Voting for the championship match between CPA Jason Staats and QuickBooks automation tool RightTool ends April 12.
Taxes April 9, 2024
IRS Proposes Regs For Stock Repurchase Excise Tax
The new guidance pertains to the Inflation Reduction Act's 1% excise tax owed on corporate stock repurchases or buybacks.
Taxes April 9, 2024
IRS Adds Security Steps For Tax Pros to Receive Transcripts
The IRS told tax professionals last week it’s making changes that will impact how practitioners obtain a client's tax transcripts.
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
