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Client demand, and their own perceptions of the areas clients need help in, are the main drivers of new business service offerings at accounting firms, according to a new study. The research, part of the monthly Accountants Confidence Index study that Accounting Today conducts in partnership with ADP, also found that the overwhelming majority of […]
Details: HBK IT LLC, a member of the HBK family that includes Top 100 Firm HBK CPAs Consultants, has acquired Unicom Solutions Group, a technology consulting firm in Mountainside, New Jersey. Unicom, established in 1991, offering services to small and midsize private companies, nonprofits and government agencies. Financial terms of the deal were not disclosed. […]
The consulting practices of accounting firms saw their revenues increase 15.9 percent in 2018 to surpass $2 billion for the first time ever, reaching $2.1 billion, according to a new report. The report, by Source Global Research, found that accounting firms now generate more than a third of all consulting revenues in China. China’s overall […]
Engagement letters’ fine line; 382 requirements eliminated; owing California; and other highlights from our favorite tax bloggers. Poor it on IRS Mind (https://www.irsmind.com/): How fewer IRS resources mean disproportionately more audits on lower-income taxpayers. Procedurally Taxing (https://procedurallytaxing.com): How a late return was a late return in the eyes of a judge despite the taxpayer being […]
BKD has released a new lease accounting solution embedded with artificial intelligence. BKD LeaseVision is designed to improve the process of businesses implementing GASB 87 and FASB Accounting Standards Codification 842 on lease accounting. The three key features of the software are a standards implementation roadmap, AI software to read lease documents, and Microsoft Excel […]
Woodard Events, which puts on the annual Scaling New Heights accounting conference, will offer a second, online show this year in partnership with QuickBooks maker Intuit, titled “Scaling New Heights Online.” The two-day, online event will be held Nov. 19-20, 2019. The event is patterned after Woodard’s on-premise conference conducted each June. The online version […]
Details: Marcum LLP, a Top 200 Firm based in New York, added CPA Consulting Group LLC, a firm based in Nashville, effective Nov. 1. The deal will bring two partners and 15 associates to Marcum’s Nashville office, and CPACG President Cathy Werthan will become managing partner of Marcum’s Nashville office. Financial terms of the deal […]
Every year, there are enough changes in the Tax Code and accounting standards to warrant a whole new set of reference materials. As we do every year for our Tax and Accounting Research Comparison Guide, we asked vendors to detail their product offerings (see the full comparison table here) , what new features and products […]
The University of Hawaiʻi–West Oʻahu held its third annual Student Accounting Night on Oct. 21, 2019, in Kapolei, Hawaii. The event brought together 62 local accounting professionals and 126 students for networking opportunities and career advice. Accounting professionals representing various industries — including hospitality, CPA firms, government, insurance and private companies — were in attendance […]
Crowe appoints first CIO; Katz, Sapper Miller names seven to director; and more personnel news.
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