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2 days ago · The latest accounting news & information for the public accounting profession, along with practice management advice.
AICPA wants bigger safe harbor for CAMT | Accounting Today
1 day ago · In a comment letter to the Treasury and the IRS on their proposed regulations, the AICPA asked them to increase the $500 million safe harbor for purposes of determining applicable corporation status.The AICPA also requested a simplified methodology that would be available to non-applicable corporations and/or applicable …
FASB proposes codification changes - Accounting Today
1 day ago · The Financial Accounting Standards Board released a proposed accounting standards update containing a set of targeted improvements to the FASB Accounting Standards Codification. The amendments in the proposed ASU involve incremental changes to the codification and would affect a wide range of topics ...
Accounting in 2025: The year ahead in numbers
Dec 20, 2024 · The overwhelming majority of firms (87%) expect tax season in 2025 will be better or the same as tax season in 2024, which is roughly the same as what they expected going into the beginning of this year — but this year's tax season was reportedly easier than 2023's, so that means improved expectations all around.
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Oct 10, 2019 · Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.
The most-read stories of 2024 in accounting | Accounting Today
Jan 2, 2025 · Reshaping the pyramid. Article by Daniel Hood. Consider the pyramid. For much of its modern history, the public accounting profession has relied on the pyramid — at least metaphorically — in building both the ownership and management structures of CPA firms, and it has proven a remarkably enduring model, to the point where it was effectively the only model from the 1930s up until the late ...
Inside the Top 100 Firms for 2024 - Accounting Today
Apr 5, 2024 · Consulting accounts for a plurality of the Top 100's revenue, but that's largely because that's the case among the billion-dollar firms, where it accounts for 46%; the smaller cohorts are much less interested, with consulting representing only 23% of revenue at firms with between $100 million and $1 billion in revenue, and a mere 15% at firms with less than $100 million; they much prefer tax ...
Five trends that will redefine finance and accounting in 2025
Jan 7, 2025 · According to a survey by Accounting Today, 84% of accounting firms reported an increasing demand for client accounting services in 2024.As expectations soar, F&A leaders will lean on digital solutions to achieve more with fewer resources. The latest technology, with its data-rich environment, not only significantly reduces efforts in the old normal, it creates massive opportunities for new ...
Art of Accounting: Changes to make in 2025
Dec 30, 2024 · 2. Staffing: Training and retention have been identified in a recent survey posted in Accounting Today as the most critical issue confronting medium and large practices. I do not understand why small practices don't agree with this. Before we merged with Withum, my partners and I felt the single area that held back our growth the most was the dearth of qualified staff, but we did something ...
Reports and Rankings - Accounting Today
Nov 3, 2024 · All of Accounting Today's profession-defining lists, awards, rankings and special reports, from the Top 100 Firms and Most Influential People to the Best Firms to Work For, and a regular succession of issue-driven deep dives into the topics that matter most to accounting.