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outlook & analysis

2020 outlook: top 5 emerging risks for cpas

young businessman walking on bungee cord between question mark and dollar signand the top five emerging opportunities, if you handle them right.

by ken mackunis
executive vice president
aon affinity, professional firms

risk can come from unexpected places. as cpas look to capitalize on economic and industry trends to grow their business in 2020, they need to be vigilant in identifying and mitigating the risks that go hand in hand with the expansion of capabilities and capacity.

here’s a look at the top five areas that can pose the most risk – and reward – for cpas in the new year. read more →

cannabis

‘high times’ at aicpa

click here for the full report (pdf)

aicpa embraces opportunities and warns of risks.

by 卡塔尔世界杯常规比赛时间
the cannabis cpa

not long ago, the last thing you’d expect to see on the cover of an aicpa report would be images of marijuana leaves and cash, along with a rather edgy headline: “marijuana and forensic accounting—high time for cpas?”

more on cannabis: 5 do’s and don’ts of marketing yourself as a cannabis accountant  |  cannabis: thc vs. cbd critical differences  |  cpa cathro goes 90% cannabiz in the bay state  |  cannabis cpa readies for when maine ‘goes recreational’  |  new to cannabis? maybe a joint venture is an answer  |  formulating new guidance for cannabis clients  |  integrity wins in cannabis accounting  |  cannabiz meets intellectual property protection |  more > > >

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the quarterly “aicpa forensic and valuation services” report is dedicated exclusively to the provision of services to businesses committing a federal felony, though at the state level, it’s not a crime…it’s an opportunity.

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international

mgi and cpaai to merge

cpa firm associations combine 250 firms with $1 billion in revenues.

left to right: jim holmes, international chairman of cpaai; michael parness, president of cpaai; clive viegas bennett, ceo of mgi worldwide, and roger isaacs, chairman of mgi worldwide, celebrating the merger agreement at mgi worldwide’s annual global meeting in dubai, uae.

卡塔尔世界杯常规比赛时间

mgi worldwide, a global network of independent audit, tax, accounting, and advisory firms, headquartered in the u.k., and cpa associates international, headquartered in the u.s., have announced that they will merge, effective jan. 1, 2020.

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charts & graphs

survey: nonprofits report bottom line growth

source: marks paneth llp nonprofit pulse survey

with demand for services increasing, agencies see tougher times ahead.

by 卡塔尔世界杯常规比赛时间

facing more need among the neediest, nonprofit organizations are reportedly planning ahead for even leaner times.

they worry most about obtaining experienced talent and legislation negatively impacting funding, according to a new survey by new york-based marks paneth cpas.

still, many organizations are reporting an improvement in their bottom lines.

read more →