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Global organizations that set corporate reporting standards failed to keep pace with the ESG boom, opening the door to greenwashing, mispricing and bubbles, according to one such group. Correcting the situation “will take some time,” said Erik Thedeen, chairman of the Sustainable Finance Task Force at the International Organization of Securities Commissions, whose members regulate […]
We frequently observe that accounting firm owners care a lot for their clients. Still, many individuals who change firms believe they didn’t receive the appropriate care from their previous accountant. There is a clear disconnect regarding the accounting professional’s intent. This is a phenomenon that we directly experience with some new clients. They typically tell […]
I have been talking about accounting firm transformation for so many years now that sometimes it seems like I’m on repeat. What was “radical” five or ten years ago — the cloud, for example — is now a reality for pretty much every firm. The beauty of the radical movement is that it’s always been […]
President Joe Biden is on the cusp of his first legislative win with the House ready to give final passage to his $1.9 trillion COVID-19 relief plan, the second-biggest economic stimulus in U.S. history. After the Senate passed the legislation on a party-line 50-49 vote on Saturday, House Majority Leader Steny Hoyer said it will […]
Overpromising and missing deadlines is a guaranteed way to disappoint clients. However, this can be a self-inflicted wound if not handled properly. We set the deadlines and make the promises. Many times we succumb to urges and pleas by clients to set an unrealistic due date based upon the scope of what needs to be […]
CalCPA adds new membership category; Maxwell Locke Ritter celebrates 30 years; and more CPA news.
Whenever anyone asks me how long I’ve been with Ernst Young LLP, I’m always tempted to answer, “Since I was 14.” While that response isn’t 100 percent accurate, there’s more than a little truth behind it. My history with EY dates back to my days as a high school student at Norman Thomas High School […]
Senate Democrats passed the latest version of the $1.9 trillion stimulus bill after a more than 24-hour voting session that included the longest single vote in the chamber’s history. The plan includes a wave of new spending, an extension of jobless benefits, another round of direct household payments, money for state and local governments and […]
Franklin University, in Columbus, Ohio, is partnering with the Ohio Society of CPAs, on online training for CPAs. The university’s International Institute for Innovative Instruction will create online training modules for Ohio CPAs throughout the state. The partnership combines OSCPA continuing education topics with Franklin University’s templates, content and exam questions for online courses. Training […]
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