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Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

The tax and audit practice, through affiliate BSR & Co, will be excluded from the merged entity and could be made into a separate entity, though that is still under discussion, the people said requesting anonymity. Governance Overhauls After Failed Split Ernst & Young is stepping up its U.S. will fall into the sea.

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Ethical Concerns in Using Tax Planning Software

CTP

What are my ethical responsibilities when I use software to produce a tax plan? In the world of taxes, there are many ethical issues that can come into play. And according to the same research firm, the use of AI in the accounting and tax industry will likely grow more than 50 percent by the year 2030.

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Deloitte’s Prized Playground Might Be Getting Even Larger

Going Concern

Tarrant County commissioners next week will consider a new tax abatement proposal for an addition to the more than 700,000-square-foot facility. Deloitte’s expansion plan includes a 2030 sustainability plan of achieving net-zero emissions. Deloitte wants to start construction next year, with an estimated completion date in 2026.

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Monday Morning Accounting News Brief: The Diversity-est Big 4 Firm; An EY Record; PCAOB Stream | 10.17.22

Going Concern

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. Bothering tax professionals on or near October 15 is always a bad idea. Crunching some numbers on partner promotions.

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Technology: Spring Budget 2024 Predictions & Wishlist

Menzies

Tax rates With income tax thresholds still frozen there have been rumours of a 2% cut to the income tax rate, however the Chancellor has downplayed these rumours so we are not expecting to see any dramatic changes to income tax this time around.

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RSM’s Global Revenue Reaches Record High of $9.4 Billion in 2023

CPA Practice

Powered by our 2030 Global Strategy—Taking Charge of Change—RSM has worked collaboratively as a global organization more than ever before to innovate and better serve clients across borders,” RSM International CEO Jean Stephens said in a statement. Global revenue for accounting and audit services rose by 13% to $3.6

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Grant Thornton ESG Report Highlights Sustainability and DEI Progress

CPA Practice

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its fifth annual Environmental, Social and Governance (ESG) Report , which highlights the firm’s progress toward achieving key milestones in its sustainability goals and diversity, equity and inclusion (DE&I) aspirations.