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Professor Accuses Professional Accountant Body of Hoarding Fines Like Smaug Hoards Gold

Going Concern

It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed Sheffield University’s Richard Murphy over the edge. The Professor of Accounting Practice at Sheffield’s Management School issued a new report chastising the group for hoarding funds.

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Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

Institute of Chartered Accountants in England and Wales (ICAEW) is hoarding the funds paid to it as a result of fines , writes Richard Murphy on his blog Funding the Future. It is time for the Institute of Chartered Accountants in England and Wales to put the fines paid by to [sic?]

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Would Mobility Go Away Without the 150-Hour Rule?

Going Concern

Interestingly, NASBA has entered into Mutual Recognition Agreements (MRA) that allow professional accountants from other countries to practice in the United States without having to re-credential. The educational requirement under the MRA is a baccalaureate degree and completion of the SAICA post graduate qualification.

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Professionals on the Move – June 19, 2023

CPA Practice

In the near decade since Kern joined Chatham, he’s served in several roles and functions in the practice, most recently leading Chatham’s European Hedge Accounting team. In addition, Grant Thornton has hired Jeanna Shapiro as its new chief people and community officer — a position held by Michael Monahan since December 2019.

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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

Canadian Accountant explains it better than anyone here could : The move comes exactly 10 years after the former Institute of Chartered Accountants of Ontario announced the creation of Chartered Professional Accountants of Ontario. The terms of the accord are up for discussion every five years.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Racial diversity in accounting has been treated as a “box-ticking exercise”, Atul said to The Mail on Sunday in December, even when professions are a magnet for minorities. The Town Board of Trustees originally requested that the State Auditor and Inspector’s Office perform an investigative audit of municipal court transactions.