Top News
- IAASB offers global standard for auditing less complex entities December 7, 2023The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations.Michael Cohn
- Business leaders worry about risks from economy and inflation December 7, 2023Economic conditions, including inflationary pressures, topped the list of concerns cited by executives on a new survey.Michael Cohn
- Are special districts too special for meaningful financial data comparisons? December 7, 2023Municipal bond investors and government regulators could benefit from easier access to consistent, machine-readable financial data from government bond issuers.Christine Kuglin
- KPMG weighs merging UK and Swiss accounting arms to boost growth December 7, 2023Like other accounting firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.Bloomberg News
- M&A roundup: BDO, Sikich and other firms expand December 6, 2023BDO USA adds Flintech Holdings and Dynamics Beyond; Sikich acquires Golden Trail Advisers; BMSS Advisors & CPAs merges in Haddox Reid Eubank Betts PLLC; REDW adds Grove, Mueller & Swank; Dean Dorton merges in VonLehman; Eide Bailly adds RBTK; Savant Wealth Management acquires Peay & Associates and SwaimBrown Wealth Management; LGA merges in Sullivan; Ryan […]Michael Cohn
- AICPA proposes framework for stablecoins December 6, 2023The AICPA has proposed a framework for disclosures related to asset-backed cryptocurrencies, often called stablecoins, centered mainly on an issuer's assets versus outstanding tokens for them.Chris Gaetano
- IRS disallows 20K Employee Retention Credit claims amid crackdown December 6, 2023The Internal Revenue Service is continuing to combat scammers and promoters encouraging businesses to file claims for the pandemic tax credit.Michael Cohn
- Private sector added 103K jobs in November as wages grew December 6, 2023Annual pay rose 5.6% year-over-year, payroll giant ADP reported, seeing signs of a hiring slowdown for next year.Michael Cohn
- How to successfully adopt after-action reviews December 6, 2023Every service-based company — especially a CPA firm — needs to find a way to make after-action reviews a standard practice.Adam Hale
- Swiss bank Pictet to pay $123M to end US tax case December 6, 2023Federal prosecutors charged Pictet with conspiring to help taxpayers use 1,637 accounts to conceal assets and income from the IRS between 2008 and 2014.David Voreacos
More Top News
- Directly following the company pizza party December 7, 2023submitted by /u/Glorious_Infidel [link] [comments]/u/Glorious_Infidel
- Best doc scanner for tax office? December 7, 2023Hello! I’m an office manager for a small tax office. I got approval from my boss to update my scanner. Currently have a terrible Raven scanner that is slow and gets jammed up easily, esp. on docs thicker than normal copy paper. What is the best doc scanner for high volume work that can handle […]/u/BookLace
- SF or Tor? December 7, 20232 offers for a full time role starting Fall 2025. Audit Associate at SF (US) starting $82k with $5k bonus Toronto (CAN) same position $65k and no bonus I’m a Canadian Citizen and well aware of the tax implications of working in US as a Canadian resident but my long term goal is to move […]/u/throwaway59009bssbb
- Is my pay raise from my promotion low? December 7, 2023I am currently an experienced associate that got promoted to Senior in a public accounting firm. Current salary is 74k and the new salary as Senior will be $79.9k. That’s about an 8% increase. I was expecting closer to $85k. I am disappointed but I also don’t want to be ungrateful. I’m still happy that […]/u/ramenseason
- How much do you contribute to retirement? December 7, 2023Just curious, not necessarily looking for advice but it's welcome. Always see threads about salary so I figured one about 401k's would be interesting. So if you're willing to share what percentage do you put in 401k/IRA or other retirement accounts? How much does your employer contribute if any? And any other details you feel […]/u/probablyaloser1
- Anyone jumping out the windows? December 7, 2023submitted by /u/MonkeyyWrench69 [link] [comments]/u/MonkeyyWrench69
- Climbing the Corporate ladder at the big 4 December 7, 2023Hi there, Any tips on how to climb the corporate ladder quickly? Also for the managers or even juniors (trainees) what is considered being “good at your job”. What would that look like? submitted by /u/Rich-Establishment16 [link] [comments]/u/Rich-Establishment16
- Voided Check Clearing the Bank December 7, 2023I have a situation and I need someone to explain to me why this is bad. Check ABC issued Jan 1, 2021. Check ABC voided March 3, 2021 Check ABC clears the bank May, 23, 2021 Can someone explain why this is a problem/issue? Is it sloppy on the bank side, how do we fix […]/u/Domino6818
- Why is private glorified? December 7, 2023Seems like everyone burnt out or at a terrible firm views private as the panacea of high pay and low hours. I feel like there are some great local firms out there that the majority of people overlook and choose big4 torture as a resume builder. The highest paying jobs in private I would argue […]/u/Positive_Ad_8091
- Public accounting hires ANYBODY! * December 7, 2023*They'll hire anyone who hasn't been in a public job before. That way, it'll be less likely for them to leave as opposed to those with more public experience, as those with public experience know the ins and outs of how trashy busy season is! Anybody here agree/disagree??? submitted by /u/Hellstorm5676 [link] [comments]/u/Hellstorm5676
- Job Role inside- Analyst, Revenue & Accounts Receivable - questions; transitioning from Accounts Receivable Manager December 7, 2023I need to move out of accounts receivable; been stuck here too long. I've worked in F500 for nearly a decade managing in the Order To Cash arena (credit, collections, cash app, billing, S4 implementation....). While I've been involved in month end closing, j/e, etc. I am not an accountant. I haven't reconciled a bank […]/u/GixxerSi
- Is it true that people switch up in the office when you’re about to leave? December 7, 2023I told my boss that I’m starting another internship in a few weeks and now the people I’m cool with switched up on me. The operating manager, who I use to speak with a lot, distanced themselves and we don’t have those funny conversations like we use too. submitted by /u/Feisty_Pay6394 [link] [comments]/u/Feisty_Pay6394
- Anyone else struggle make the public to industry switch December 7, 2023I’ve been in big four tax for almost a year and a half and really trying to get out before the summer busy season. I have been on a good amount of interviews now but the farthest I get is second round. I have my CPA but am lacking in experience since I haven’t even […]/u/Historical_Mind_1706
- Data analyst to accounting. Am I insane? December 7, 2023Currently working as a senior data analyst with 5 years of experience, and I am so bored. I genuinely miss using Excel, power query, and working with data manually. Most of my days are spent programming in Python, SQL, Power BI. I have no problem with the Power BI stuff and I really do like […]/u/InevitableTraining69
- Can Your Current HR Dept See When You Update Linkedin to "Open to Finding a New Job"? December 7, 2023Just what the title says. I've been in my current position for almost a year. It was presented as "A fast paced environment", but what they meant was "Dumpster Fire". The accounting team is fine, at least the one that I'm on, but everyone from upper management down to the Staff Accts are just burned […]/u/OddPlunders
- Why Sam Bankman Fried got caught December 7, 2023submitted by /u/CeruleanHawk [link] [comments]/u/CeruleanHawk
- Former Jaguars employee accused of stealing more than $22 million from team December 7, 2023submitted by /u/SoFloMofo [link] [comments]/u/SoFloMofo
- I need HIS agent… (details in body) December 7, 2023Simu Liu, star of Marvel's blockbuster film 'Shang-Chi And The Legend Of The Ten Rings' says he owes his life to the company that laid him off ten years ago. In an Instagram post he explains: "I was lead into my managing partner’s office at Deloitte and told that they were terminating my employment effective […]/u/baquir
- I mean… December 7, 2023submitted by /u/GoldenGalore [link] [comments]/u/GoldenGalore
- What's one decision you made that negatively impacted your career? December 7, 2023Here's mine: after two years in public accounting, I took a job in internal audit at a F500. I did get a significant pay increase, but the hours were surprisingly bad, travel was much worse, and a year into the job, the director decided we should start filling out weekly timesheets. Senior management made it […]/u/DoritosDewItRight