CPA firm practice management news and resources

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December 9, 2024

Engagement quality reviews: What auditors should know

Firms with A&A practices should be aware that the new quality management standards include changes to engagement quality reviews.

December 9, 2024

Growth in client advisory services set to continue rapid increase

Firms in CPA.com’s CAS Benchmark Survey report a significant increase in median revenue and project an increase of nearly 100% over the next three years.

December 4, 2024

More return-to-office mandates? Report looks beyond the headlines

While some large companies have recently made news by making their employees return to the office, another trend is making bigger gains across the employment landscape.

December 1, 2024

How to not lose sleep over NOCLAR

CPAs can be at risk of a claim related to a client’s non-compliance with laws and regulations, or “NOCLAR.” Learn what to do should you encounter suspected NOCLAR.

November 18, 2024

PKF O’Connor Davies strikes a deal with private equity

The top 30 firm announces investment by two entities in the continuation of an industry trend.

November 13, 2024

Employers focusing on starting salaries and workload to ease pipeline pain

Accounting graduates are seeing higher initial pay, and a majority of large firms plan to address workload issues in the next six months. These trends are welcomed, but more is needed, writes Sue Coffey, CPA, CGMA, CEO–Public Accounting for the Association of International Certified Professional Accountants.

November 7, 2024

A new top 10 firm? Two top 15 firms band together

CBIZ completed its acquisition of Marcum, a deal that creates a team of 10,000-plus and revenue that could land CBIZ in the top seven.

November 1, 2024

Missed due dates: Diligence and the lurking danger

The IRS’s increased enforcement efforts come at a time when claims related to late or missed filings are increasing. A docket system can help avoid these errors, but it can’t do it alone. It needs your diligence.

November 1, 2024

Offshoring for CPA firms: The hows and whys

Offshoring can open the door to a global talent pool, but firms should follow best practices and avoid common pitfalls.

October 31, 2024

Reinforcing DEI accountability

Even as the climate for diversity, equity and inclusion remains volatile, the near- and longer-term impacts of DEI on the accounting profession amplify shared accountability.

October 18, 2024

How firms can score the right talent mix

Want to build an employee roster that hits all the right notes? These 3 tips are key.

October 1, 2024

10 tips to help avoid wire fraud scams

CPA firms can protect themselves from falling victim to a wire fraud scheme by taking these actions before, during, and after payment processing.

September 19, 2024

JofA highlights: Tackling accounting’s talent shortage, ChatGPT tips

The JofA’s editor-in-chief highlights the news, features, and advice that CPAs will find useful in recently published and upcoming issues of the magazine. Listen to the podcast episode or read the transcript.

September 9, 2024

Increasing appetite for M&A, AI driving growth, survey finds

Leaders at private and newly public companies are optimistic about growth opportunities, although many view the pivotal role that artificial intelligence plays to be a double-edged sword.

September 6, 2024

A profitable path powered by AI: Benefits of becoming a ‘data master’

Research reveals how a comprehensive plan related to the relationship between data and artificial intelligence can pay dividends.

September 1, 2024

Outsourcing and professional liability

CPA firms that outsource services need to understand what professional liability risks exist and what actions they can take to help mitigate those risks.

September 1, 2024

Rewriting accounting’s employment narrative

Firms and finance departments implement changes to improve the employee experience and create more career accountants.

September 1, 2024

How academia is tackling the accounting talent shortage

Tactics include second-chance test taking, expanded curricula, extra help for at-risk students, and more. Early results are encouraging.

September 1, 2024

Scaling with offshoring

Nick Sinclair, founder, TOA Global, discusses why forward-thinking firms are adopting a blended talent model, integrating onshore, offshore, and on-demand teams.

August 1, 2024