Your Daily Accounting Briefing – 2024-06-10

1 min read

Let’s see what’s in the news today.

AICPA Updates Practice Aid for Auditing Digital Assets

Guidance was added on auditing the valuation of digital assets and audit procedures regarding their existence, rights, and obligations.

Read the original article here

Lawsuit: ‘Grandfatherly tax accountant’ Joseph Pezzano scammed Peco retirees out of $18.5 million

The federal suit sheds new light on an expanding investment debacle affecting 70 or more clients in four states. They’d invested as much as $30 million with Collegeville accountant Joseph Pezzano.

Read the original article here

Auditors prioritize tech for fieldwork

A recent survey from Thomson Reuters said auditors find new technology that assists during the execution/fieldwork phase of an engagement to be most useful.

Read the original article here

CPA Business Execs Feel Less Optimistic About the Economy

After feeling extremely optimistic about the U.S. economy in Q1, that sentiment fell in Q2 due to a variety of factors, the AIPCA said.

Read the original article here

Mid-Year Marketing Checklist for Accounting Firms

Focusing on the middle of the marketing funnel, where potential leads are weighing their options and seeking more information, can significantly enhance your ability to convert prospects into engaged clients.

Read the original article here

Previous Story

Stay on top of your game with this marketing checklist.

Next Story

Top Challenge Facing CPA Firms: Finding Qualified Staff in 2024

Latest from Knowledge