News and resources to help you thrive in a changing profession.
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.
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.
Disruptive startups are eyeing the audit space, and their impact could be as transformative as Uber's was for the taxi industry. In my latest article for Accounting Today, I spoke with auditor turned tech expert Rob Valdez about how non-CPA firms are already automating and streamlining SOC 2 audits, foreshadowing upheaval in our profession.
