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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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IRS FIRE's going out for 2027 tax season

Accounting Today

Make sure you're getting it all 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. All rights reserved.

Tax 268
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Intuit debuts AI agents for QuickBooks

Accounting Today

Make sure you're getting it all 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. All rights reserved.

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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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RSM announces $1B agentic AI investment

Accounting Today

By Michael Cohn 5h ago Audit Climate risk could slash earnings 7% by 2035 Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% All rights reserved. by 2035, KPMGs 2025 Futures Report found. All rights reserved. © 2025 Arizent.

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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. Wolfe has served as acting chief accountant since January 2025. All rights reserved.

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In the blogs: Breathing room

Accounting Today

By Michael Cohn June 16 Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements. All rights reserved. By Paige Hagy June 16 Like what you see?