The PCAOB is positioned at the nexus of headwinds that both it and multiple accounting industry members told Fortune are negatively impacting the profession. Although they aren’t uniform across all companies, and they can partially be chalked up to a pandemic-era hangover, the increase in mistakes the PCAOB is finding are souring firms’ public image. A drop in young people taking the CPA exam is creating a looming “talent crisis” for firms that have traditionally relied on high turnover rates and cheap, young staffers. After approaching IBN with a complex and bespoke requirement, I’ve been impressed with the professionalism and knowledge of Rajat, my technical contact, and others.

• With a robust line of ever-expanding advisory, audit, and tax services, we are continuously evolving to exceed client expectations.
• Between 2008 and 2022, Aggarwal was an internal auditor at KBS Realty Advisors and was the department director.
• Their commitment to building long-lasting relationships has resulted in them retaining clients for generations, and their team merges innovation and experience to fulfill all accounting needs.
• We view our relationship with you as a partnership and truly believe that our success is a result of your success.
• We’ve had the opportunity to work with IBN Tech for over a year now and really enjoy the services they provide.

Included in its line of services are general ledger maintenance, tax preparation, tax planning, income statement preparation, and bank reconciliation. The professionals also offer strategic business planning and part-time CFO services for company owners. Gutierrez & Anderson CPA, which is a member of the American Institute of Certified Public Accountants, gives back to the community and supports nonprofit organizations like the Bresee Foundation. Luttrell Wegis LLP is a highly specialized public accounting firm, headquartered in Irvine, California.

Tax Audit & Advisory Services

Mr. Wegis has worked in public accounting since 2000, focusing his career in forensic accounting and business valuation. He worked on highly complex litigation and valuation engagements at a Top-10 ranked national accounting firm. Jason was promoted rapidly to the level of Managing Director at that firm and then founded Jason P. Wegis Accountancy in 2014; a distinguished forensic accounting firm focused on complex, high asset litigation matters.

• From development stage startups to revenue-generating accelerated public company filers, Marcum has the breadth of experience to deal with the challenges companies face.
• The team is incredibly responsive and the quality of work is wonderful – they are just an overall pleasure to work with.
• Our tax and business consultation services are designed to make your job easier and provide you with more time to focus on building your business and your personal net worth.
• Marcum’s Tax & Business Services Group provides a comprehensive offering of tax advisory and regulatory compliance services as well as specialization in a variety of areas.
• Although they aren’t uniform across all companies, and they can partially be chalked up to a pandemic-era hangover, the increase in mistakes the PCAOB is finding are souring firms’ public image.

Marcum LLP is a national accounting and advisory services firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Since 1951, clients have chosen Marcum for our insightful guidance in helping them forge pathways to success, whatever challenges they’re facing. Jason P. Wegis is a Certified Public Accountant and founding partner of Luttrell Wegis LLP.

Bookkeeping and Accounting Services

Vertical Advisors provides a full range of accounting, consulting, and tax planning services. Michael A. Ross, CPA, CFE, CVA, CFF is a public accountancy firm with offices in Plano, TX, and Irvine, CA. The irvine bookkeeping firm focuses on financial forensic and investigative accounting matters, fraud detection and examination matters, business valuations, damages calculations, business financing, and accounting and taxation.

Marcum provides auditing, accounting and financial reporting services to a broad spectrum of governmental entities. Marcum offers industry expertise and a commitment to provide a wide array of services within the financial institution industry. With a robust line of ever-expanding advisory, audit, and tax services, we are continuously evolving to exceed client expectations. Mr. Abregov is a Certified Public Accountant with 30 years of public accounting experience in the areas of financial statements, taxation, and business consulting. Mr. Abregov received his Bachelors of Science Degree in Accounting from San Diego State University.

Outsourced Bookkeeping

Jenny S. Park provides custom-tailored accounting and tax services for individuals and small businesses in the Irvine area. She and her team are committed to delivering professional and expert advice along with maximizing the earnings of each client by helping them to understand their overall financial situation. They focus on building long-lasting relationships while developing long-term financial solutions. Jenny S. Park has over 15 years of accounting and tax experience as a certified public accountant along with a degree in accounting from George Mason University. She offers a full range of services including small business accounting, payroll management and bookkeeping, tax preparation and planning, and IRS audit representation.

• Our team of seasoned professionals empowers clients to navigate their most challenging situations through proactive guidance and strategic insights.
• The firm focuses on financial forensic and investigative accounting matters, fraud detection and examination matters, business valuations, damages calculations, business financing, and accounting and taxation.
• We partner with all types of businesses to create personalized accounting and tax solutions.
• At our Irvine CPA firm, you can trust us to explain all of your options plainly and offer services tailored to meet your immediate needs.

In 2016, a board member left after he was found to be having an affair with a staff member. In 2018, the SEC found that former PCAOB officials had leaked confidential inspection information to audit firm KPMG in order to allegedly help the firm cheat on its inspections. After several companies were approved, Aggarwal then submitted false invoices for consulting services, https://www.bookstime.com/ or for work at inflated prices. Those payments would then be funneled to his own bank accounts without Aggarwal informing the vendors that the invoices and subsequent payments were for his own benefit. Aggarwal received more than $2.7 million from the scheme and resigned in January 2022 when the invoices were being investigated, according to court documents.