Remove accounting firms Remove auditor Remove forensic accounting Remove New York
article thumbnail

Monday Morning Accounting News Brief: The Least Amount You’ll Make at Big 4; Carmine Gets a Sword Show | 4.22.24

Going Concern

According to the US Office of Foreign Labor Certification data, EY entry-level accountants and auditors earn $54,000 a year and up. Deloitte discusses AI in auditing and necessary upskilling for auditors current and future: The evolution of skills for auditors is imperative in the era of AI integration.

auditor 87
article thumbnail

Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

Sierra, a 23-year-old associate in New York is feeling “horrible” pressure to perform so she is not laid off. These new employees will be focused on higher-income and complex tax areas like partnerships, not average taxpayers making less than $400,000.” Is there some kickback from that telemarketing group in Arizona?

audit 62
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: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

He will be starting as an investment-banking analyst for the technology, media and communications team in New York City at Lincoln International this summer. As a firm we have had to be proactive in our response to attracting candidates, addressing workforce planning and aligning our recruitment strategy to reflect this.”

CPA 108
article thumbnail

Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. But federal monitoring is making a comeback under new leadership. AI Is your firm keeping pace? This survey reflects many of the challenges that professionals in CPA firms of all sizes are currently facing.

Account 114
article thumbnail

Wirecard Seeks Forensic Investigation Into Its Collapse

PYMNTS

Once worth $28 billion before it collapsed last month, Wirecard has contracted with Alix Partners, the New York-based forensic accounting firm, to explore the two missing deposits in Philippines banks totaling more than $2 billion uncovered by its auditor Ernst & Young and nearly $4 billion it owes creditors.

article thumbnail

Friday Footnotes: EY Cancels Christmas; A Very Sucky PwC Report; Should We Tax Robots? | 12.23.22

Going Concern

UK companies brace themselves for escalating battles with auditors [ Financial Times ]. UK companies are gearing up for conflicts with auditors next year as economic and political uncertainty add to the difficulty of signing off accounts and forecasting financial outlooks. Current rules don’t require this.

Tax 83
article thumbnail

Friday Footnotes: Consulting Gets Bumpy for New Hires; Cities Sans Accountants; PCAOB Priorities | 4.21.23

Going Concern

. “silent layoffs”) are on the menu B4 Layoffs – USA by u/additional_cats in Big4 KPMG is diversifying its partner rank through sponsorships and succession planning [ Fortune ] Partners are among the most senior-level roles at accounting firms and some of the highest paid. KPMG faces $1.4-billion

Account 102