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Is your firm overpaying for external hires?

Accounting Today

With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent. My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions.

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Broker-dealer audit deficiency rates remain high

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. All rights reserved. Courtesy of PCAOB Results were consistent year to year across firms review engagements.

Auditing 147
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The next generation's view of risk management: career or steppingstone?

Accounting Today

EDT 4 Min Read Facebook Twitter LinkedIn Email A great benefit of my five-decade career in internal auditing and risk management is the opportunity to work with young people. One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession.

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The accountant's advantage over technology in fraud prevention

Accounting Today

According to the Association of Certified Fraud Examiners 2024 Report to the Nations , 29% of fraud cases occur due to a lack of internal controls. All rights reserved. EDT 2 Min Read Facebook Twitter LinkedIn Email Fraud drains billions of dollars from businesses annually, affecting economies around the world.

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Streamlining document security and workflow in accounting

Accounting Today

Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. million in 2024 , this has never been a more pressing issue. All rights reserved.

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Tax Fraud Blotter: Sick excuses

Accounting Today

He operated an online marketing business for software installation, earning several million dollars from 2013 through 2015. Fisher and Sinnott were convicted and sentenced to prison in January 2024.) Bui anticipated that the transactions would be audited. All rights reserved.

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Tax Fraud Blotter: Boundless energy

Accounting Today

1, 2024; and CPA Walter W. 20, 2024, and attorney Jason M. 10, 2024, and attorney Catherine E. 14, 2024, and CPA George O. 4, 2024; Enrolled Agent John A. All rights reserved. Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. Englander, Westlake Village, indefinite from Oct. Missouri: CPA William R.

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