Firm Management
Latest News
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
GASB Proposes Guidance on Subsequent Events
FASB Issues Post-Implementation Review Report for Its Revenue Recognition Standard
Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit
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.
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.
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.
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.
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.
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.
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 ...
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.