Accounting firms zero in on efficiences
CFO Dive
FEBRUARY 17, 2023
The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms.
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CFO Dive
FEBRUARY 17, 2023
The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms.
CFO Dive
DECEMBER 5, 2022
Tax and accounting firms are becoming more comfortable tapping technology as a driver of success as they seek to grow revenue and profit and improve employee effectiveness for 2023.
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CFO Dive
MAY 7, 2024
Accountants should respond to the rapid pace of generative AI adoption by embracing it and delving into experimentation, the AICPA said.
Doing More With Less: The Modern Finance Miracle
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
CFO Dive
JANUARY 3, 2025
A new rule could trigger withdrawal of PCAOB registrations beginning in the fall of 2026, the SEC said.
Speaker: Mark Gilham, FCCA, CPP
📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Finance used to be the function that counted, now it's the one that’s counted on.
CFO Dive
JANUARY 3, 2024
To stem a talent shortage, accounting firms need to reach out to potential CPAs well before they select their college majors, according to a CPA association.
CFO Dive
NOVEMBER 3, 2022
Missteps at large accounting firms threaten to undermine investor confidence in financial information, according to Paul Munter, the SEC’s acting chief accountant.
Future CFO
NOVEMBER 14, 2024
The accounting industry in Singapore is experiencing a talent shortage. This is exacerbated by the rapid pace of technological advancement that demands a workforce skilled in both traditional accounting practices and new digital tools. Singapore also tapped into going digital to improve overall work efficiency.
CFO Dive
MAY 15, 2023
The blurring lines between software and business processes is a boon for big-four firms looking to managed service providers to expand client offerings.
Speaker: Joe Wroblewski, Sales Engineer Manager
But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession.
CFO Dive
DECEMBER 3, 2024
The tech company probe’s findings come on the heels of Big Four firm EY resigning in October from its position as Super Micro’s registered public accounting firm.
CFO News
APRIL 27, 2023
The positive hiring intent can be attributed to high demand of multiple services delivered by these firms such as taxation, business consulting, risk advisory, deal advisory, technology services, ESG services.
CFO Dive
APRIL 16, 2025
Despite a rise in agents that are being piloted, full-scale deployment of the technology has remained flat, a survey by the Big Four accounting firm found.
CFO Dive
NOVEMBER 27, 2024
The new GAAP guidance stems from a request made by Big Four accounting firms and comes as the convertible bond market is regaining steam.
CFO Dive
OCTOBER 18, 2024
The Big Four accounting firms are now all signalling varied degrees of support for a CPA licensure option that would require 30 fewer college credit hours.
CFO Dive
DECEMBER 7, 2023
Since early 2021 SEC Chair Gary Gensler has called on the PCAOB to more aggressively oversee the accounting firms that audit publicly listed companies.
CFO Dive
DECEMBER 7, 2022
The PCAOB cracked down against KPMG for several alleged violations in the latest sign of tougher oversight of the accounting firms that audit publicly listed companies.
CFO Dive
APRIL 12, 2023
Back in September, the Big Four accounting firm announced plans to split its auditing and consulting arms into two entities. Now, ‘Project Everest’ has been halted.
https://trustedcfosolutions.com/feed/
OCTOBER 3, 2022
Many growing businesses have recognized and harnessed the benefits of outsourcing their accounting services. Rather than hiring full or part-time accountants or bookkeepers as permanent staff members, it often makes more sense to simply outsource —from both a monetary and scaling perspective. Up-to-Date Software & Technology.
CFO Dive
JUNE 12, 2024
The board has pursued an aggressive agenda under Williams, with record fines against accounting firms.
CFO Dive
SEPTEMBER 30, 2022
Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.
CFO Dive
AUGUST 3, 2023
Many accounting firms lacking qualified staff have had to turn away work, according to alliantTalent.
CFO Share
JANUARY 2, 2025
For years, we have struggled to compete with Bench’s war chest as they invested millions into digital marketing, crowding out small firms like us. But four days before year-end the busiest time of year for accounting firms they ran out of cash and ceased operations. Here’s how it happens.
CFO News
JULY 30, 2024
In this insightful article, Ashok Haldia, seasoned finance expert and Chartered Accountant, explores the evolution of India's accounting profession, its challenges, and the path to achieving global prominence.
CFO Dive
APRIL 29, 2025
The disruption to inspections of public accounting firms while a new program gets up and running could last years, PCAOB Chair Erica Williams said.
CFO News
NOVEMBER 24, 2023
India managing partner Bharat Dhawan says after the combination with US firm Forvis, Mazars overall would become a global network of about $5 billion in revenue, resulting in significant revenue for Mazars India.
PYMNTS
JUNE 26, 2020
Ernst & Young ( EY ), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German payment processor claimed it had up to 1 billion euros ($1.1 The big question for me is what on earth did EY do when they signed off the accounts?”
Global Finance
JULY 30, 2024
Mid-tier accounting firms have found new paths to finance their growing needs. Last November, US accounting firm Forvis purchased the US unit of French Mazars to create a robust audit and advisory network. Tower Brook Capital invested in advisory and accounting expert EisnerAmper.
https://trustedcfosolutions.com/feed/
OCTOBER 20, 2022
Start doing what you love rather than burning the midnight oil by outsourcing your accounting. A small, in-house finance team may start to feel the pressures of a growing business, and if you are still doing your own accounting, you could be losing hours of time —and money. The Hidden Advantages of Outsourced Accounting.
CFO News
JANUARY 28, 2025
"In this insightful article, Ashok Haldia, former Secretary of ICAI, asks: Can India finally establish its own international accounting networka long-felt need, but with no worthwhile initiative so far? He explores the challenges and possibilities.
The Charity CFO
APRIL 28, 2023
Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Grant Accounting Many nonprofit organizations rely on grants to fund their programs and services.
Beacon CFO Plus
NOVEMBER 30, 2023
How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.
PYMNTS
DECEMBER 11, 2020
Manual accounts receivable (AR) processes are a headache for any administrative professional. In the accounting profession, manually having to determine the fiscal value of services provided, and creating physical documents to bill clients, is a significant use of valuable time that could otherwise be spent on driving revenue for the firm.
CFO Dive
MARCH 12, 2025
The audit watchdog imposed fines as high as $700K on nine KPMG member firms for failing to disclose other accounting firms involved in audits, among other quality control violations.
PYMNTS
JUNE 29, 2020
As the fallout from Wirecard ’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial Times reported. Its founder and CEO Markus Braun, 51, resigned and was later arrested on charges of misrepresenting Wirecard’s accounts and market manipulation.
The Charity CFO
JANUARY 21, 2022
And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? .
CFO Talks
APRIL 5, 2023
Written by Leigh Schaler In a recent interview on the CFOTalks podcast, Zebediah Marewangepo a Senior Business Consultant at Taxdirect, shared his insights on the accounting profession in Zimbabwe and South Africa. but somewhere along the line I ended up doing accountancy and I then finished college in 1994.
PYMNTS
FEBRUARY 2, 2020
Accounting software providers MYOB and Xero are exploring invoice finance solutions while retaliation ensues in the background regarding products that charge fees to small businesses in exchange for faster access to unpaid accounts. It’s attractive to lenders because the invoices act as collateral.
PYMNTS
MARCH 1, 2020
s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte, EY, KPMG and PwC , according to the Financial Times. The regulator issued letters to those firms, known as the Big Four, Thursday. The Financial Reporting Council (FRC), the U.K.’s
PYMNTS
OCTOBER 29, 2020
A number of large accounting groups have turned down requests to audit Greensill Capital as the SoftBank -backed firm mulls a stock market listing, the Financial Times (FT) reported. The United Kingdom-based organization has become one of the most highly valued private finance firms in the nation as of its 2011 establishment.
CFO News
APRIL 28, 2025
accounting firms are increasingly turning to India to address a critical shortage of accountants at home. This surge in recruitment is boosting enrollment in specialized commerce courses in India, potentially establishing the country as a hub for accounting talent.
Future CFO
MARCH 14, 2024
Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.
PYMNTS
JANUARY 25, 2019
San Francisco-based HostBooks is stepping into the small business (SMB) accounting software industry, announcing Thursday (Jan. “Being a CPA, I am aware of all the issues holding down the accounting industry,” said HostBooks Founder Kapil Rana in a statement. 24) that its solution officially launched over the weekend.
E78 Partners
JUNE 12, 2023
The leaders of Outliers bring significant experience as CFOs of private equity portfolio companies and understand the complexities of upgrading finance and accounting functions post-transaction close,” said John Signa, founder and CEO of E78 Partners. ” More information about E78 can be found at E78partners.com.
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