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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

SEC Sues Marcum Partner Who Thinks Reviewing the Engagement Team’s Work Is For Chumps 3. Accounting Ranks First In Something Good For Once More 2. The answer is non-CPA owners are already a part of the profession, either disguised under the name of principal or some similar title, or wearing the label of partner.

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PwC Greece and Partner Get Punished For Running Out of F*cks to Give About This Awful Audit

Going Concern

The PCAOB today announced settled disciplinary orders sanctioning Greece-based PricewaterhouseCoopers Auditing Company SA (PwC Greece) and its partner Nicos George Komodromos for violations of PCAOB rules and standards in connection with the audit of the 2016 financial statements of Aegean Marine Petroleum Network Inc.

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So… what is carbon accounting?

Xero

Understanding the environmental impact of your business is critical in today’s business environment — and carbon accounting is a fundamental step in this process. With carbon accounting increasingly becoming another compliance measure mandated by regulators, businesses of all types and sizes need to get their emissions numbers in order.

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Big Clients B h to Big 4 Firms About Audit Fees, Get Pissy About Partner Pay

Going Concern

Across the pond, audit fees are up (22% in four years) and apparently the companies paying these fees are unhappy about it. Mind, the pay raises they’re complaining about are partner pay (reminder, in the UK they use “rise” not “raise”). A partner FT spoke to said the CFOs have a valid point.

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4 Steps to Building Your Client Advisory Services Practice With Passion & Purpose

Speaker: Amy Vetter, CEO of The B3 Method Institute

You’re passionate about what you do and that’s why you started or lead a client advisory practice. To become a “Cherished Advisor®” -- a highly valued strategic partner whom your business clients rely on to grow and thrive -- you need to have a solid business foundation yourself.

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Minnesota Accounting Firm Joins CLA Global

CPA Practice

Christianson PLLP joined has joined CLA Global Limited (CLA Global), an organization comprised of independent accounting and advisory firms, as an alliance member in the United States. Joel Gratz, Managing Partner of Christianson PLLP, said, “As a firm, we have explored the idea of joining an Alliance for a number of years.

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Accounting Standards Update 2023-09: New Income Tax Disclosure Rules

Cherry Bekaert

On December 14, 2023, the Financial Accounting Standards Board (FASB) expanded income tax disclosure requirements for public and private companies. The expanded disclosure requirements are detailed in Accounting Standards Update No. 2023-09 (ASU 2023-09) and increase transparency of a filer’s global taxes.