Going Concern

NOVEMBER 30, 2022

27-year-old senior auditor Aishwarya Venkatachalam told a friend before she died in August that things weren’t going so great at EY Sydney. Venkatachalam received her accounting degree in India and had only been in Australia since November 2021. We’ll take their word on that. ” Ms. . ” Ms.

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CPA Practice

NOVEMBER 1, 2023

As I noted in an earlier post , 95% of hiring managers in finance and accounting surveyed by Robert Half said they find it challenging to locate skilled candidates available for hire. And unemployment rates for in-demand roles, like accountants and auditors, are typically well below the national average.

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Going Concern

FEBRUARY 12, 2024

Someone you know spoke to NPR’s Marketplace for this story: Some accountants are turning away new customers this tax season Tax filing season is here and if you’ve been putting off finding a CPA, good luck. How did one American firm gain 20 net new auditor engagements? We get calls all the time saying, ‘Hey, my CPA just retired.

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Going Concern

JANUARY 6, 2023

Bureau of Labor Statistics reported Friday, but employment in accounting and bookkeeping services fell by 1,100 jobs. Money Diary: A Senior External Auditor On 54k [ Refinery29 ]. “I’m 27 years old and currently working as a senior external auditor at an accounting firm in London.

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Going Concern

SEPTEMBER 1, 2023

Check out this week’s top remote accounting candidates. Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals.

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Going Concern

MARCH 25, 2022

The new publication includes some observations from PCAOB staff about how firms are leaning on such providers and suggests procedures for auditors to follow as they plan and perform audits. Louis also held himself out to be an accountant who prepared tax returns for pay or as a favor to friends. PCAOB Spotlight PDF here.

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Going Concern

JUNE 24, 2022

Institutions are exploring the space — KPMG Canada crypto team [ Cointelegraph ] The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members.

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Going Concern

APRIL 20, 2022

By 2014 however, the benevolent overlords at the AICPA noticed a troubling statistic: despite record enrollments, this abundance of accounting students did not appear to be pursuing the CPA exam as expected. In other words, more people than ever were graduating with accounting degrees but CPA exam candidate numbers stayed the same.

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Going Concern

FEBRUARY 24, 2023

Facts to consider: A survey of MNCPA members shows an increase in the number of new hires who hold accounting degrees with 120 credit hours. When entities can’t find qualified auditors, will audit thresholds be raised, which increases the risk to communities?

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Going Concern

JANUARY 12, 2024

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. Tingo paid $1.6

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Angry Accountants

SEPTEMBER 9, 2009

Bureau of Labor Statistics estimates that government accountants and auditors averaged the following yearly salaries in 2008: Federal executive branch: $84,520 Local government: $56,160 State government: $52,560 The starting salary of junior accountants and auditors with the federal government was $28,862 in 2007.

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Going Concern

NOVEMBER 10, 2022

Well that’s pretty much what’s happening in accounting right now. In early October, local KCCI in Des Moines ran a story about a shortage at the Iowa State Auditor’s Office. The problem isn’t unique to the Iowa Auditor’s Office. And it’s only just begun. Yes, we know.

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Going Concern

OCTOBER 11, 2022

They have learned nothing about the needs of small business with minimal (if any) coverage of financial statement preparation without an audit, working for clients without an internal accounting department, or the realities of being a small business advisor. June 17, 2019. These are the companies leading our education programs.

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Going Concern

JUNE 28, 2024

Internal auditors must assess that robust risk management systems are in place. Auditors should verify that high-quality data is used, appropriate documentation is maintained, and applicable record-keeping practices are followed. High-risk AI systems are subject to stringent requirements under the AI Act.

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