Why fines don't deter auditor misconduct
A small audit firm with only one CPA on the website takes on a multi-billion dollar client. The client turns out to be a fraud. And the auditor? They face a measly $65,000 fine, less than the fees they earned from the audit. It's a true story that David and I shared on The Accounting Podcast. And it's just the tip of the iceberg when it comes to the lack of accountability in the auditing profession.
Why you should be very skeptical of that auditor’s report
I'm honored to be quoted by Gene Marks, CPA, in his latest piece on The Hill, in which he brilliantly unpacks why investors should approach audit reports with a healthy dose of skepticism.
The burden of success in public accounting
There’s something about public accounting I’ve never understood – as you rise up the ranks, you work more, not less. Shouldn’t it be the other way around? In Episode 378 of The Accounting Podcast, we dive into the numbers. And the numbers do not paint a pretty picture.
How modern pricing models drive higher accounting firm valuations
This week on the pod, we dive into valuations with accounting firm M&A expert Charles Bedard. Learn why moving to modern pricing models could mean big money for your exit strategy.
Why the new beneficial ownership reporting law won't stop money laundering
The federal government's latest attempt to catch money launderers is doomed to fail. Here's why.
Small businesses are not a niche
Most CPA firm owners don’t understand what a niche is. Here’s what it is, and how to identify the right one for you.
How to sell your accounting firm
Are you considering selling your accounting practice? Navigating the complex process of valuing, marketing, and transitioning your business can be daunting. That's why I'm excited to invite you to join me and serial acquirer Michael Ly for an insightful webinar that will provide you with the tools and knowledge needed to sell your accounting firm successfully.
Accountants and QuickBooks Live: Collaborating for client success
As an accountant, you may have questions or concerns about QuickBooks Live and how it impacts your practice. In this discussion, I speak with Itai Jeczmien, VP of Product at Intuit, about the evolution of QuickBooks Live and how it can complement the work of accounting professionals.
The race to automate audits
In this bonus episode of The Accounting Podcast, we explore the rapidly evolving world of audit automation with AJ Yawn, partner at Armanino LLP. We discuss their groundbreaking tool, Audit Ally, which is set to disrupt the SOC 2 audit landscape.
Hollywood accounting: A CPA's journey into entertainment
Join me on the Earmark Podcast as we pull back the curtain on Hollywood Accounting with Kendale King, CPA. Kendale shares his journey from Big Four auditor to studio accounting operations: