Consulting

The finance and accounting outsourcing market is expected to rebound this year, with 10 to 15 percent growth, following a slowdown last year.

Deloitte finalized its acquisition of CRG Partners on Monday, to enhance the firm’s financial restructuring, turnaround management and bankruptcy reorganization services.

Lattimore Black Morgan & Cain has launched a new service line to safeguard information exchanged over mobile devices.

From week to week, we see occasional reports that banks aren’t lending to businesses, and that businesses can’t get the money they need to grow and to create jobs. Whether that’s true remains a little murky, but frankly, I worry more about businesses borrowing too much money.

Investors are continuing to challenge corporate boards to further improve their oversight and disclosure around topics such as environmental sustainability and social responsibility.

Baker Tilly Virchow Krause and cloud accounting and financial technology provider FinancialForce.com have inked an agreement to deliver FinancialForce Professional Services Automation implementation and best practices to Baker Tilly’s Professional Services Organization clients looking to improve service execution and resource effectiveness.

Deloitte has acquired CRG Partners, expanding the firm’s financial restructuring, turnaround management and bankruptcy reorganization capabilities.

Only 16 percent of tax and finance departments are actively involved in corporate sustainability efforts, according to a new survey by Ernst & Young.

PricewaterhouseCoopers has unveiled an online risk management tool in conjunction with the release of an annual report on reviewing risk management trends.

Accounting firm Skoda Minotti has acquired Core Information Management, a Cleveland-based IT auditing and IT security management firm, and is launching a new industry practice, Skoda Minotti Financial Institutions Services Group, built around the acquisition.

Certain industries in which clients operate increase an accountant’s risk exposure and those with high risk scores are especially precarious.

Forty percent of senior finance executives at midsize companies say that lack of bargaining power with customers and suppliers is their biggest obstacle in improving cash and working capital management.

Corporate audit giant Ernst & Young operates a lobbying firm in Washington, D.C., that has been hired in recent years by several corporations that were at the same time E&Y audit clients, prompting two senior lawmakers to demand closer regulatory scrutiny.

IMGCAP(1)]If you have clients whose company customer concentration as a percentage of sales looks anything like the 80/20 rule—that is, 80 percent of revenue comes from 20 percent of customers—their company’s value could be in the tank.

For most major accounting firms, the Enron era set profitability back decades when they were forced to abandon their highly lucrative consulting arms in an effort to shed even the vague appearance of a conflict of interest.

As corporate responsibility and sustainability becomes more ingrained in financial reporting among U.S. companies, a number of CPA firms are seizing opportunities to meet rising investor demand for that non-financial information - specifically dealing with a company's environmental and social and governance footprint.

Every business owner knows the drill: We made a profit this year so we need to spend our cash to save on taxes. I want to challenge you to think differently this year to “save cash,” not “save taxes.”

Forensic accountants must perform their services with the utmost professionalism, whether they have been hired by a trustee to assist in the preservation of the remaining assets of a bankruptcy estate, or by a receiver to investigate potential financial malfeasance on behalf of a debtor company.

Boomer Consulting and Engineered Tax Services have teamed up to introduce The Specialty Tax Circle to help firms improve their growth and profitability by leveraging specialty tax services.

IMGCAP(1)][IMGCAP(2)]Microsoft Excel is, without a doubt, the most commonly used software program in today’s finance department, from the CFO down to the staff accountant.