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Vulnerability is the new strength for firm leaders

Accounting Today

I said, I can fix this; Im a CPA — this is what I do. And with so many of his colleagues benefiting from being able to take on new roles, Crabtree began building a new role for himself, as a champion of mental health in the accounting profession. I fix things. For the next two years, I left it up to me," he said. Bad decision."

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SEC taps new chief accountant

Accounting Today

Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement. Hohl has close to 40 years of accounting and auditing experience. In 2023, he founded Corallium Advisors, which helps businesses with auditing, regulatory compliance, risk management, and initial public offerings.

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Firms seeing more profits and clients

Accounting Today

Some 85% of firms now offer client advisory services, a big spike from 41% in 2023, indicating a strategic shift toward delivering forward-looking financial guidance that clients increasingly expect. AI adoption is also reshaping the profession, with 80% of firms confident it will positively affect their practice.

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What careers can you pursue with an accounting degree?

Intuit

Steady growth : The Bureau of Labor Statistics (BLS) states that accounting careers will grow 6% from 2023 to 2033 , a faster rate than most careers. Diverse career options : There are several available careers with a bachelors in accounting. Every business or organization needs someone to oversee their financial statements.

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Tax Fraud Blotter: Prep perps

Accounting Today

CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. In February 2023, Trifilo sought to obtain a $1.36 From November 2017 to December 2023, Rhew defrauded at least 117 investors of at least $24 million. Washington, D.C.:

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Bonadio Group adds Dalle Accounting

Accounting Today

In 2023, it added Howard LLP , a firm based in Dallas and Webber CPA , a forensic accounting and financial consulting firm in Rochester, New York. Together, we can offer our clients more resources and our team greater opportunities, all while preserving the personalized service that has defined our approach."

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M&A roundup: Meaden & Moore; Platform Accounting expand

Accounting Today

In 2023, the firm acquired and rebranded several firms in California, including Alpert & King and R.O.A.D Last December, it added Midwest Advisors, formerly known as Philip+Rae & Associates, in Naperville, Illinois, and Crossroads Advisors, formerly Peachin Schwartz + Weingardt, in Indianapolis. in Modesto.