Litrivis CPA PLLC

In 2024, CMOs face budget challenges but can overcome them by speaking the language of finance, emphasizing direct impact on revenue and market share, adopting growth-oriented budget methodologies, and abandoning outdated frameworks like the marketing funnel. By initiating early conversations and using persuasive language, CMOs can secure support for their marketing initiatives.

Marketing in 2024 and Beyond In the world of marketing, January can be a tough month for Chief Marketing Officers (CMOs). They often find themselves handed a budget that doesn't quite meet their needs, leading to a year filled with compromises and disappointment. Many CMOs make resolutions to avoid this situation in the future,...

The accounting profession faces a crisis with a shortage of accountants, driven by declining student interest and a drop in CPA exam candidates. Proposed solutions include reconsidering the 150-hour requirement and introducing flexible alternatives tied to the upcoming CPA exam in 2024 to attract more students and ensure the profession's sustainability.

Addressing the CPA Crisis: Urgent Solutions Needed The accounting profession is in the midst of a significant crisis, grappling with a severe shortage of accountants. This crisis is underscored by a concerning decline in the number of students pursuing accounting majors, resulting in a 33% drop in first-time CPA exam candidates from 2016 to 2021. Th...

2022 Global Risk Report: Majority Acknowledge Rising Risks, Yet Only a Third Implement Complete ERM Processes.

4 Ways to Identify blind spots in your Organization With only 1/3 of companies implementing ERM processes, Litrivis CPA can help you open the lines of communication in order to mitigate the risks in your company. Form a comprehensive risk management strategy The 2022 Global State of Enterprise Risk Oversight report found that although a majority of r...

$1M+ AICPA Scholarships: Opportunities for Students and CPAs in 2023.

Over $1 Million in AICPA Scholarships available for students and CPAs in 2023 The Scholarships that make up the AICPA's Legacy Scholars Program are: American Woman’s Society of CPAs (AWSCPA) Scholarship Award AICPA John L. Carey Scholarship Award AICPA Scholarship Award for Minority Accounting Students AICPA Foundation Two-year Transfer Scholarship Award AICPA Foundation Sc...

Tech: A Game-Changing Tool for Talent Acquisition and Retention.

2023 and Beyond: 5 Trends That Will Reshape Accounting and Finance Although the core of accounting and finance will always be numbers and accountants as its gatekeepers, new trends are shifting how we perceive the industry. Here’s a look at the top five trends to expect from accounting and finance in 2023 and beyond. 1. Technology as Tool for Talent Acquisition a...

From Idea to IPO: Your Comprehensive Entrepreneurs' Guide.

A Comprehensive Entrepreneurs' Guide from Idea to IPO The first half of 2023 saw global Initial Public Offering (IPO) volumes drop by 5% from the previous half-year results, with proceeds falling 36% year-over-year (YOY). Understanding the roadmap from concept to IPO is crucial for navigating the complicated landscape of growing your company. Here is a...

The Accountant Shortage Crisis: A Looming Threat to Financial Reporting.

The Accountant Shortage Crisis: A Looming Threat to Financial Reporting The widening shortage of accountants has become a pressing issue, leading to significant concerns over the integrity of financial reporting in many U.S.-listed companies. Even larger companies, historically considered less susceptible to this challenge, are now grappling with material weaknesses due...

Coach and Michael Kors Owners Merge in $8.5B Deal, Creating a New U.S. Luxury Fashion Empire.

Coach and Michael Kors Owners Merge in an $8.5B deal to create a new U.S. Luxury Fashion Empire The luxury conglomerate Tapestry, Inc., which owns brands like Coach, Kate Spade, and Stuart Weitzman, is expanding its portfolio through an $8.5 billion acquisition of Capri Holdings Limited, the company founded by Michael Kors. This merger combines two American fashion groups and aims to create a....

Addressing the Accountant Shortage: Time to Rethink Education Requirements.

Addressing the Accountant Shortage: Rethinking Education Requirements In recent years, the accounting profession in the United States has been facing a significant shortage of qualified professionals. This shortage is not only affecting large accounting firms but is having a more profound impact on smaller firms in rural areas. The reasons behind this shortage are mul...

"Tackling the CPA Crisis: Seeking Urgent Solutions."

Addressing the CPA Crisis: Urgent Solutions Needed The accounting profession is in the midst of a significant crisis, grappling with a severe shortage of accountants. This crisis is underscored by a concerning decline in the number of students pursuing accounting majors, resulting in a 33% drop in first-time CPA exam candidates from 2016 to 2021. Th...

Big Four Alert: Soaring errors demand swift action. A critical wake-up call—reassess and reinforce precision now

Alarming Increase in Errors: A Wake-Up Call for the Big Four Accounting Firms In the world of finance and business, the Big Four accounting firms - Deloitte, PwC, KPMG, and EY - have long been considered the gold standard for auditing and financial verification. However, a recent report from the Public Company Accounting Oversight Board (PCAOB) has shed light on a concerning....

Revolutionize your Excel workflow with our groundbreaking AI tool – innovation at your fingertips!

See what our team has to say about an innovative AI tool for Excel spreadsheets One of the most frustrating challenges for an accountant is figuring out an excel formula to complete a spreadsheet. There is a love hate relationship that exists with formulas and there are only so many v lookups that one can accomplish. With the excel formula bot you can type in your excel request...