DAILY BRIEFING

View in browser

June 10, 2021

Prepared for Voornaam

Armanino and Brown Smith Wallace to merge

By Daniel Hood       4 min read

The combination of the two Top 100 Firms continues Armanino’s national expansion. View story →

Big Four’s share of public co. audits dips

By Daniel Hood      

The top 10 firms grew their share of the SEC audit market slightly, but the increase didn’t go to the biggest firms. View story →

RELATED

AICPA offers audit guidance on use of specialists and pricing info →

The institute's Auditing Standards Board amended its standards Tuesday to include guidance in two areas.

QuickBooks prices increase

By Ranica Arrowsmith       2 min read

Intuit is also launching a new discount program dubbed ProAdvisor Preferred Pricing. View story →

Indiana Society of CPAs awards 2021-22 student scholarships

By Sean McCabe       1 min read

Five local students received $8,500 via the Indiana CPA Educational Foundation Scholarship, providing financial assistance on their road to CPA licensure. View story →

Top House Republican to probe Duhnke's firing from PCAOB

By Robert Schmidt       1 min read

Rep. Patrick McHenry called the move "partisan," and called on the board and the SEC to preserve all relevant documents. View story →

SPONSOR CONTENT

Advances in Technology

Learn about the newest technology innovations advancing the accounting community. Advances in Tech brings together some of the top technologies that are helping the industry move forward. Explore the Demos →

Exit signs? Tax pros ponder early retirement

By Jeff Stimpson       3 min read

A tough season has some preparers considering taking down their shingle, but many still plan to hang on. View story →

Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis.

Twitter

Facebook

LinkedIn

Deadline extended: Accounting Today's 2021 VAR 100

By Ranica Arrowsmith       1 min read

Submissions will be accepted until June 14. View story →

SASB and IIRC complete merger to form Value Reporting Foundation

By Michael Cohn       5 min read

The Sustainability Accounting Standards Board and the International Integrated Reporting Council finalized their merger to unite their ESG reporting frameworks. View story →

IRS chief asks Congress for authority to get cryptocurrency data

By Allyson Versprille       1 min read

Commissioner Rettig told the Senate Finance Committee that the value of the cryptocurrency market now tops $2 trillion. View story →

AI is everywhere, and other tech stories you may have missed

By Gene Marks      

Square eyes checking and savings for small businesses, DailyPay offers early access to wages, and more. View story →

CAS: A live reality show of your client’s business

By Hitendra Patil       4 min read

Telling your clients the story behind the numbers is critical to client accounting services. Read story →

In the blogs: The fine print

By Jeff Stimpson       4 min read

Capital gains at death; ounces of prevention; extremely dark money; and other highlights from our favorite tax bloggers. Read story →

AICPA offers audit guidance on use of specialists and pricing info

By Michael Cohn       3 min read

The institute's Auditing Standards Board amended its standards Tuesday to include guidance in two areas. Read story →

Audit fees expected to rise this year

By Michael Cohn       3 min read

Clients anticipate that audit fees will increase in 2021 due to the impact of inflation, COVID-19, acquisitions and divestitures, according to a survey by Gartner. Read story →

Attracting marquee clients is a marathon, not a sprint

By Dom Esposito       4 min read

CPA firms should look at their client base as if it were a bell curve.  Read story →

RESOURCES

WEB SEMINAR

Transforming audit by embracing digital

Tuesday, June 15, 2021 2:00 PM EDT

The digital revolution is here. The potential benefits for accounting firms are significant. Firms leveraging cutting-edge digital technologies and navigating new ways of working are adding value to their clients and staff. Learn More →

SPONSOR CONTENT FROM INFLO

REPORT

7 bill pay must-haves for high-net-worth clients

Adhering to these seven tips will help you build trust and long-lasting relationships with HNW clients to build a profitable and sustainable business.  Learn More →

SPONSOR CONTENT FROM BILL.COM

WHITEPAPER

Visibility, control and scalability: Why wealth management firms and family offices should offer bill pay services now

Learn why you should consider accounts payable / bill pay automation today for your high-net-worth clients and how it can help you support your clients’ bill pay needs. Download Now →

SPONSOR CONTENT FROM BILL.COM

More resources →