Audit & Accounting

Accountants are at risk of not keeping up with the new breed of more digital, demanding and design-conscious consumers, warned technology leader Jon Baron of Thomson Reuters.

The International Federation of Accountants has launched its annual survey of small and midsized accounting practices around the world to gain insights into the issues facing the global profession.

BDO USA’s recent addition of SS&G staff and partners, which bolstered its presence in the Midwest, came with a healthy serving of SS&G’s restaurant practice. “This deal is huge for us,” Wayne Berson, CEO of BDO USA, said during an interview with Accounting Today.

CPAs are expanding the range of specialties and advisory services they are offering clients, according to Carl Peterson, vice president of small firm interests at the American Institute of CPAs.

The accountants' broader role in society

The International Ethics Standards Board for Accountants has released a new paper proposing to restructure the code of ethics for accountants.

On Monday, Jeff Phillips, CEO of accounting careers website Accountingfly, addressed GroPro 2014 on how to best handle modern-day recruiting for the accounting profession. His presentation, entitled "Recruit Like the Big Four," emphasized a larger focus on investing in technology and talent in hiring top-notch candidates.

On Monday, the second day of events at the 5th Annual Growth + Profitability Summit in Boca Raton, Fla., Peter Burke, President of Best Companies Group gave the first of three presentations on key lessons taken from Accounting Today’s “Best Firms to Work For.”

Despite Sarbanes-Oxley requirements, audit committee influence over hiring the outside auditor and setting the audit fees remains more of a hope than a reality, according to a new study.

The majority of CPA firms experienced modest revenue increases in 2013, reflecting either stable or higher profits, according to a new survey by the American Institute of CPAs and the Texas Society of CPAs.