Daniel Hood

1 week ago | accountingtoday.com | Daniel Hood

There are a great accounting firms of all sizes all over the country, but if you had to pick a capital for the profession, it would probably have to be New York City. Of all the states in the country, New York hosts the headquarters of the most Top 100 Firms, with 11, and all of those are based in the Big Apple. California comes second as a state, with eight T100 HQs, but Chicago comes second among cities, with eight.

1 week ago | accountingtoday.com | Daniel Hood

A small firm in Henderson, Nevada, Bush & Associates, topped the list of those with the most new Securities and Exchange Commission audit clients in 2024, followed by Big Four firm KPMG — but the audit firm that had what was likely the biggest impact on the market isn't on the list at all. Bush & Associates added 32 new SEC clients and netted 30 over the course of last year, while KPMG added 39 and netted 23.

1 week ago | accountingtoday.com | Daniel Hood

PrimeGlobal has added a major firm in Ireland; the Illinois CPA Society's charitable endowment named its new board of directors; and other firm and personnel news from across the profession. CALIFORNIA Sarita Bhakta, a tax partner and head of the commercial tax practice in the Los Angeles office of Ernst & Young, has been named a Leader of Influence by the Los Angeles Business Journal.

3 weeks ago | accountingtoday.com | Daniel Hood

Whether you think artificial intelligence will usher in a great new era in accounting, or signal the profession's imminent downfall, you can find someone who will agree with you. "We as a society are attaching all of our hopes and fears on AI," Bill Whyman, founder and principal of consultancy Tech Dynamics, told attendees at the AICPA's AI in Accounting & Finance Symposium, held last week in New York City.

3 weeks ago | accountingtoday.com | Daniel Hood

When discussing the post-COVID return to office, a great many accounting firm leaders talk about how important it is to have staff physically present so that they can be inculcated in the firm's culture. Most often, however, they are conflating the firm's culture with its processes and workflows, or its methods of training employees in technical matters.