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Great Resignation workers less satisfied than before

Workers who quit their job during the Great Resignation are significantly less satisfied than their colleagues who stayed, according to a new survey by The Conference Board. Their overall job satisfaction is down 5.6 percentage points.

Report: Businesses off target on FP&A processes

Businesses are automating the wrong financial planning and analysis processes, leading to FP&A staff being overextended and burned out, according to a recent report from Gartner.

IRS warns about more tax scams

The IRS said scams involving the fuel tax credit, the sick and family leave credit, and household employment taxes led thousands of taxpayers to file inflated refund claims.

New SSAE caps standards related to quality management

The statement offers new definitions of “other practitioner” and completes the suite of standards that firms performing A&A services are required to use to design and implement a QM system by Dec. 15, 2025, and to perform A&A services in accordance with for engagements beginning on or after that date.

Regulations finalize PTIN fees for tax return preparers

The IRS was required to reduce the charge for preparer tax identification numbers after a federal court found the previous amount excessive. The final regulations adopt the text of interim final and proposed regulations issued in 2023 without change.

PCAOB updates general auditor responsibilities, quality control rules

PCAOB updates general auditor responsibilities, quality control rules
AS 1000, General Responsibilities of the Auditor in Conducting an Audit, replaces AICPA-provided standards, and QC 1000, A Firm’s System of Quality Control, considers the AICPA’s new quality management standards.

FROM THIS MONTH'S ISSUE

Building a better CPA firm: Stepping up service offerings

A key step in business model modernization is determining how to implement services that satisfy clients and employees.