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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. In the four-count suit filed Aug. Accountingfly can help!

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Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.

CPA Practice

Now, Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped. accountancy arm, was seeing fewer staff hand in their notices than normal. There are also fewer open roles this year as accounting firms tighten their purses. Bain & Co.

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BDO Says It Is No Longer Doing Business In Russia and Belarus

Going Concern

The latest top accounting firm to turn its back on Russia and Belarus is No. noted today that Unicon is not currently a part of BDO’s global network after BDO divorced itself from the Russian firm last year due to a conflict of interest. Founded in 1997, BDO Belarus was previously part of the KPMG network.

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. million over its failure to prevent cheating on internal exams.

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Monday Morning Accounting News Brief: PwC Picks a Global Chair; Guy Cusses Out KPMG | 10.30.23

Going Concern

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. Kande’s selection by PwC’s global board was revealed to the firm’s partners on Monday, according to people familiar with the internal message.

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Blockchain in accounting – what does the future hold?

Reckon

But what do you know about the emergence of blockchain in bookkeeping and accounting? Blockchain accounting is one such service. It all comes down to accuracy, accountability and the erasure of errors and manipulations. How can blockchain be used in accounting? Getting your firm ready for blockchain accounting.

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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

In case you missed it and weren’t reading accounting news on the weekend which I sincerely hope you weren’t because that makes me sad for you if you were: FORVIS may be announcing a big merger soon. And EY news from elsewhere: the Texas Board of Accountancy has fined EY $3 million for cheating. Good morning and _ Monday.

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