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New PCAOB Rules Would Push Auditors to Assemble Final Documentation More Quickly

CPA Practice

The Public Company Accounting Oversight Board (PCAOB) approved a sweeping new standard on the general responsibilities of an auditor on May 13, including a provision that significantly cuts the maximum time period for the auditor to assemble a complete and final set of audit documentation from 45 days to 14 days.

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Top Remote Accountants of the Week | May 16, 2024

Going Concern

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? The post Top Remote Accountants of the Week | May 16, 2024 appeared first on Going Concern. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.

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Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? the auditor of Tesla Korea, about the company’s financial statements for last year.

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3 Strategies to Help CPA Firms Retain In-Demand Talent

CPA Practice

If employee retention isn’t already a priority focus for your CPA firm, you may want to make it one — and soon. Many employers are worried about staff retention going into 2024. The latest Salary Guide From Robert Half reports that the CPA is a credential in high demand. That may not sound like a significant percentage.

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How CPA Firms Can Compete for Top Talent in the Year Ahead

CPA Practice

CPA firm leaders outlining staffing plans for the coming year can’t help but worry if they will hit their hiring goals. This concern is not misplaced: Research for the 2024 Salary Guide From Robert Half found that organizations in both public and corporate accounting are grappling with an accountant shortage.

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KPMG Leads in IPO Audit Clients for Q1 of 2024

CPA Practice

KPMG audited the most newly listed companies in the first quarter of 2024, which saw 46 initial public offerings that raised a combined total of $8.9 The Big Four firm was the auditor for eight of the 46 IPOs, tops among the 20 different firms with at least one IPO audit client in Q1.

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AICPA Says it Has a Plan to Fix the CPA Talent Shortage

CPA Practice

There’s plenty of accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years. But the AICPA said today it has a framework in place to fill that CPA pipeline back up.

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