Firm Management September 21, 2023
Revived Andersen Accounting Firm Sees Revenue Up 19% This Year
The consultancy, created by former partners of Arthur Andersen, expects revenue to exceed $1.9 billion, CEO Mark Vorsatz said.
Accounting September 21, 2023
Partners at PwC in Australia Brace for Pay Cut as Tax Scandal Hits Profit
The Big Four firm will cut partner pay by 30% next year following the tax document leaking scandal that wiped out profit for 2023.
Auditing September 20, 2023
Total Audit Fees Paid by S&P 500 Clients Reached All-Time High in FY 2022
However, the nearly 4% increase in audit fees over FY 2021 was less than the year-over-year inflation rate in 2022 of 6.5% in the U.S.
Accounting September 20, 2023
Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.
Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.
Firm Management September 20, 2023
Deloitte Set to Cut More Than 800 Jobs in the U.K.
The move by the Big Four firm is in response to a slowdown in demand and an easing in the pace of workers choosing to leave.
Firm Management September 19, 2023
CLA Expands in New York Via Acquisition
The top 10 accounting firm now has its second location in New York after acquiring Long Island-based Richards, Witt & Charles.
Auditing September 19, 2023
PCAOB Looks to Amend Rule on Auditors’ Liability for Audit Firm Violations
The proposal would hold auditors and others more accountable when they negligently cause their firm to violate auditing standards.
Firm Management September 19, 2023
4 Tips on Managing a Multigenerational Workforce
It’s already tough hiring and retaining CPAs, and the risk of losing staff at all levels of experience is high. But you can improve your chances of holding onto valued talent by ...
Taxes September 18, 2023
IRS Looks to Hire 3,700 Agents to Pursue Wealthy Tax Dodgers
The agency is ramping up compliance efforts against high-income earners, partnerships, large corporations, and promoters.
Technology September 16, 2023
Lessons From the Tech World that Apply to Accounting Firms
The more we can learn from each other and leverage different business strategies the stronger we’ll all be in the future.
September 15, 2023
Webcast: Sept. 27: Proactive Tips to Future-Proof Your Firm with Automation, AI, and CAS
"Future proofing” has been a ubiquitous post-pandemic buzzword. But how can you actually set your firm up for success? The answer is two-fold: automation/AI and client advisory services (CAS).
Accounting September 14, 2023
Marcum’s Ex-Quality Control Overseer Was Fined By the SEC for Bad Quality Control Oversight
Marcum audit partner Alfonse Gregory Giugliano was slapped with a $75,000 fine for failing to fix problems in the firm's QC system.