Remove Accounting Firms Remove Compliance Remove Marketability
article thumbnail

Statement by Chair Gensler on PCAOB’s Determinations Regarding Public Accounting Firms in China

Harvard Corporate Governance

Today, the Public Company Accounting Oversight Board (PCAOB) announced that it was able, in 2022, to inspect and investigate completely issuer audit engagements of PCAOB-registered public accounting firms headquartered in China and Hong Kong. standards, as required under the Sarbanes-Oxley Act.

article thumbnail

Why accounting firms should become business advisors

ThomsonReuters

As accounting firms look to differentiate themselves from the competition, one trend is leading the way: business advisory. From advising on mergers and acquisitions to specializing in accounting and advisory in your clients’ specific industry, there are many ways to take advantage of this unique opportunity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Year-end tax planning strategies: How to set your accounting firm up for success

ThomsonReuters

In an era of staffing shortages and scarcity of technical tax professionals , accounting firms must increasingly look outside the box to fill gaps in talent. Many firms are shifting their hunt for talent beyond the traditional accounting background.

article thumbnail

Expanding your client base for accounting firm growth: How did your firm score this tax season?

ThomsonReuters

If 80 percent of your time is spent managing clients who represent 20 percent of your revenue, getting rid of that 20 percent can free up a lot of time that is better spent on better clients,” said Greg Pope, Vice President of Marketing at SurePrep. Eliminating the frustration is a meaningful benefit to the firm.”.

article thumbnail

Valuing an Accounting Firm

Peak Business Valuation

The accounting industry has experienced rapid growth in recent years. As businesses suffered the effects of COVID , many turned to accounting firms for financial advice and consulting. However, competition is intense and increasing in the accounting industry. We work with accounting firms throughout the country.

article thumbnail

What attracts investors to accounting firms?

ThomsonReuters

For firms looking to sell, or ink deals with investment partners , how they leverage technology can have a major impact. M&A market heats up The M&A market is seeing an increase in activity. This is due, in part, to a growing number of private equity firms entering the accounting market. As Allan D.

article thumbnail

Why accounting firms should improve their tech stack

ThomsonReuters

Today, a growing number of private equity investors are entering the accounting market as they’ve discovered that investing in accounting firms can yield great returns. That is, if the firm is a good fit and has the right appeal. Why is an accounting firm’s tech stack important to private equity?