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Why small CPA firms should care about fraud

ThomsonReuters

But what does this mean for small CPA firms who don’t perform audits? In this episode of Pulse of Practice “Should a Small Firm Care?”, Together, we dive into the perception of accounting firms considering some auditing struggles and the reasons why even small, non-audit firms need to be concerned with fraud.

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Advising accounting clients through bankruptcy

ThomsonReuters

There have been regulation changes around bankruptcy, and as small to medium size businesses face shutdowns and various other factors, indebtedness is a real issue that several businesses are facing. In North Carolina, a small town of about 4,000 people, there is a department store that has been in business or 117 years.

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Three ways small CPA firms can support mental health

ThomsonReuters

From a small CPA firm perspective, the intensity of the workload during this extended tax season is like nothing we’ve seen before, compounding already heightened stress levels. From shifting tax laws and COVID-19 relief packages, to the disruption of in-person activities, to balancing life at home (ha!) Don’t forget yourself .

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Advising accounting clients through bankruptcy

ThomsonReuters

There have been regulation changes around bankruptcy, and as small to medium size businesses face shutdowns and various other factors, indebtedness is a real issue that several businesses are facing. In North Carolina, a small town of about 4,000 people, there is a department store that has been in business or 117 years.

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Accounting advisory: What you need to know

ThomsonReuters

Instead, they can shift their focus to more value-added activities like providing financial insights and helping clients navigate the complexities of tax law. What makes advisory services so important is that your unique expertise becomes the centerpiece of your value proposition.

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COVID-19 and the Wayfair impact on CPA advisory

ThomsonReuters

In this episode of Pulse of Practice “Second wave of Wayfair”, Paul Miller, CPA from Business by Design , and I are joined by Shaun Hunley, Executive Editor at Thomson Reuters. They’re going to do so under these economic nexus laws, which was what we were seeing with the Wayfair case with South Dakota’s economic nexus law.