Remove accounting and finance Remove accounting standards Remove auditor Remove Government
article thumbnail

The rise of ESG accounting and what it means for auditors

ThomsonReuters

The spotlight on environmental, social, and governance (ESG) continues to intensify as businesses are increasingly being called upon to disclose more about their ESG performance and strategies. Given the increased focused on ESG, this blog marks the first in a series dedicated to ESG and its impacts on the accounting profession.

auditor 59
article thumbnail

Guy Proposes Not Terrible Ideas to Get People Into Government Accounting

Going Concern

For some time now municipalities have felt the crunch from the accountant shortage and unlike public accounting firms feeling the same, these entities don’t have the luxury of turning down work to ease it nor can they overwork their people with no overtime. Glad you didn’t ask! Let’s see what you’ve got, Girard.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Friday Footnotes: How to Add ChatGPT to Excel; RSM Wins Awards; Auditor Independence Pitfalls | 4.7.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Build ChatGPT into Excel [ Journal of Accountancy ] Note that this process currently works in Microsoft Excel 365, Microsoft Excel 365 for Mac, and Excel for the web. I can imagine it.

auditor 104
article thumbnail

Overcoming the Five Stages of Lease Accounting Grief

Going Concern

When Thomson Reuters reported late last year that the Financial Accounting Standards Board (FASB) had proposed an eighth round of changes to lease accounting rules 1 , accounting and finance execs around the country channeled their inner Charlie Browns with a collective, “Good grief!”

Account 104
article thumbnail

Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. But what about the books of the auditor? Regulations need to change to match.

audit 62
article thumbnail

Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned

PYMNTS

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

auditor 52
article thumbnail

Friday Footnotes: Firms Get a Jump on Hiring; RTO Firms Outsourcing ?; BDO Settles 401(k) Suit | 12.22.23

Going Concern

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. One key reason: PwC is trying to compete for top talent amid a dwindling number of accounting majors. Tips are still welcome , nay, encouraged , and we’ll be monitoring the tipline. and Mexico.

auditor 109