Going Concern

APRIL 7, 2023

[ Wall Street Journal ] A tap story from WSJ says accountants and writers are among the jobs that could be most affected by AI tools (*gulp*) Big 4 March people moves: KPMG, Deloitte, PwC make senior hires [ AccountancyAge ] Musical chairs across the pond. and overseas” seeking further explanation about the auditor’s opinion.

auditor 102

auditor chartered accountant audit accounting and finance 102

Going Concern

JANUARY 8, 2024

Both the city and county utilize the services of Porter, Muirhead, Cornia and Howard (PMCH) — a certified public accountant based in Casper — for their audits. The firm works with the local governments to compile information for the audit throughout the year.

Wyoming 122

Wyoming audit Government Montana 122

Going Concern

JANUARY 2, 2024

However, accountants all too often seem to get the numbers wrong when it comes to calculating their worth and charging their clients according to the value they provide. For many accountants, this will mean increasing their prices. EY got a lawsuit for Christmas : Accountancy firm EY is facing a new lawsuit claiming 1.5

Government 64

Government Account accountant accounted 64

ThomsonReuters

DECEMBER 6, 2022

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. What is the role of the auditor in ESG reporting? The future of ESG accounting. The Rise of ESG. Then there’s the tax implications.

auditor 59

auditor Account accountant accounted 59

Going Concern

APRIL 30, 2024

It’s been almost six years since the Canadian government legalized recreational cannabis and ever since, a microcosm of financial reporting and auditing has been growing (no pun) beside it. Note that many companies switched auditors so not all fees listed went to the current auditor.) billion Canadian dollar ($3.7

auditor 99

auditor audit Legal Tax 99

Going Concern

AUGUST 12, 2022

Hold Auditors Accountable for Complicity in Corporate Fraud [ Bloomberg Tax ] Unfortunately, since the fall of Arthur Anderson in the wake of the Enron scandal, the SEC and PCAOB have often failed to go after auditors playing fast and loose with the rules. Cordes, EA (@cordes_tax) August 11, 2022.

auditor 95

auditor Account accountant accounted 95

Going Concern

JUNE 7, 2023

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! That last part is a bit much, my guy.

Government 52

Government accounting clerk Account accountant 52

ThomsonReuters

JUNE 28, 2023

Let’s take a look at some best practices accounting firms can use to help clients overcome the challenges of ESG data collection and management. When you look at ESG through the lens of a tax and accounting firm, reporting on environmental, social, and governance factors is enabled by data.

Tax 98

Tax auditor audit Technology 98

Going Concern

DECEMBER 22, 2023

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. million) in damages from accounting firm EY for its role in auditing the books of Wirecard before its collapse in 2020, a shareholder group said. Don’t hesitate to reach out. As CIO, Ms.

auditor 106

auditor audit accounting firms accounting and finance 106

Going Concern

FEBRUARY 3, 2023

We are here to talk about how Hindenburg sniffed out Adani’s audit firm and what it found. From the report: The independent auditor for Adani Enterprises and Adani Total Gas is a tiny firm called Shah Dhandharia. All our auditors have been appointed in compliance with applicable laws.” “The

audit 120

audit auditor accounting firms Government 120

Going Concern

APRIL 1, 2022

ARB’s auditor Messrs BDO voluntarily resigns after failure to reach agreement on proposed increase of audit fees [ The Edge ] Expect to see a lot of this going forward: ARB Bhd on Friday (April 1) announced its auditor Messrs BDO PLT (BDO) has voluntarily resigned. Over the past year, average hourly earnings have increased 5.6%.

auditor 52

auditor accounting jobs accountant jobs accounts jobs 52

Going Concern

APRIL 15, 2022

Accounting watchdog investigates Deloitte over Go-Ahead audits [ The Guardian ] One of the UK’s biggest accounting firms, Deloitte, is under investigation by regulators for its audits of Go-Ahead, after the bus and rail operator was embroiled in a scandal for wrongly withholding £50m of taxpayers’ money. As a result, U.S.-based

accounting firms 52

accounting firms audit Account accountant 52

Going Concern

JULY 17, 2023

” Partner pay figures were provided to the Senate as part of an inquiry related to the firm’s sharing of confidential government tax information. It’s understood PwC’s ex-CEO Tom Seymour was the highest-paid partner at the firm in the 2021-2022 financial year, with a salary of between $4.45 million and $4.5

Account 76

Account accountant accounted auditor 76

Going Concern

APRIL 29, 2022

Less work for EY auditors? What about more accountability [ Financial Times ] “Quality before growth, quality before margin.” Launches Inaugural Impact Plan Affirming Commitment to Transparency and Accountability [ PR Newswire ] KPMG LLP1 published its inaugural U.S. have quit or stopped all client work.

auditor 52

auditor audit Account accountant 52

Going Concern

NOVEMBER 24, 2023

KPMG extends pay freeze to 12,000 UK staff [ Financial Times ] Bosses at the Big Four accountancy firm told staff across its four divisions in recent weeks that they would not receive a pay rise this year unless they were promoted, according to people familiar with the matter. .”

auditor 108

auditor audit tax return cpas 108

Going Concern

MAY 13, 2024

Sabrina Sanders, AT&T’s chief accounting officer, is targeting graduate students for the company’s two-year-old, in-house training program. We included additional clarification that an auditor’s professional skepticism extends to other information that is obtained to comply with PCAOB standards and rules. PCAOB Chair Erica Y.

Oregon 76

Oregon Account accountant accounted 76

PYMNTS

AUGUST 5, 2019

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. EY has been the bank’s independent auditor for 13 years. The country’s big four banks paid their auditors more than $110 million last year.

auditor 43

auditor audit accounting firms Government 43

Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? Tesla Korea makes accounting errors [ The Chosun Daily ] Tesla Korea, the South Korean unit of U.S.

CPA 97

CPA auditor Tax audit 97

Going Concern

SEPTEMBER 29, 2023

The London-based global accounting firm officially known as PricewaterhouseCoopers International is in talks to lease three floors at a new office building at 3155 Olsen Drive, across from Santana Row in West San Jose, the San Jose Mercury News reported, citing unidentified sources.

auditor 101

auditor audit New York CPA 101

Going Concern

APRIL 15, 2024

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? Right now, they don’t.

audit 64

audit Account accountant accounted 64

Going Concern

MAY 2, 2023

We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing ? We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. In the U.S.,

auditor 109

auditor audit accounting degree Management Consulting 109

Withum

NOVEMBER 2, 2023

As a firm that leads with integrity, this milestone is a testament to Withum’s commitment to handle sensitive data responsibly. The SOC 2 Type 1 examination is a rarity among accounting firms today, and I am extremely proud of our Team’s hard work and dedication to achieve this accomplishment and set Withum apart from the rest.

audit 111

audit auditor cpa firm CPA 111

Going Concern

MAY 26, 2023

PwC to remove staff involved in Australia tax leak scandal from govt work [ Reuters ] PricewaterhouseCoopers (PwC) has agreed to remove staff with links to the leak and use of confidential Australian tax plans from government work, a senior government official told an inquiry on Thursday. Big four consultancies win $1.4

public accounting 85

public accounting Account accountant accounted 85

Cherry Bekaert

AUGUST 9, 2023

View all Government Contracting Podcasts Questions? If you have any questions specific to your situation, we are available to discuss your situation with you. Contact Us The post Insights Into DCAA’s Report to Congress for Fiscal Year 2022 appeared first on Cherry Bekaert.

audit 97

audit auditor Government public accounting 97

CPA Practice

MAY 18, 2023

One of the biggest questions currently being asked by many throughout the accounting profession is, “How can we make accounting more appealing to students?” There’s plenty of accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years.

CPA 98

CPA auditor cpas cpa firm 98

PYMNTS

DECEMBER 19, 2018

’s Big Four accountancy firms — KPMG , PwC , EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardia n reported on Tuesday (Dec. ” “Most people will never read an auditor’s opinion on a company’s accounts,” he said. ”

accounting firms 46

accounting firms cma Account accountant 46

CPA Practice

NOVEMBER 13, 2023

Top 50 accounting firm Cohen & Co. will be entering the Buffalo market when a deal to acquire Szymkowiak & Associates CPAs and its sister firm PEAR Consultants closes next month. All professionals of Szymkowiak and PEAR Consulting, which share an office in Buffalo, will join Cohen & Co. after the deal becomes final.

CPA 110

CPA tax consultant auditor audit 110

CPA Practice

APRIL 10, 2024

The Public Company Accounting Oversight Board (PCAOB) issued a pair of proposals on April 9, one of which would require audit firms to publicly disclose several metrics —including the involvement of partners and managers on an audit, auditor workload, and auditor turnover—on a new form that would be accessible to investors.

audit 52

audit auditor public accounting accounting firms 52

Going Concern

FEBRUARY 15, 2023

For example, Adani Enterprises has had 5 chief financial officers over the course of 8 years, a key red flag indicating potential accounting issues. The independent auditor for Adani Enterprises and Adani Total Gas is a tiny firm called Shah Dhandharia. The last auditors to touch Adani were the prodigy partners mentioned above.

audit 110

audit auditor accounting firms Government 110

Going Concern

DECEMBER 1, 2023

Mergers and Acquisitions VonLehman CPA & Advisory Firm merges with top 100 company Dean Dorton [ Cincinnati Business Courier ] One of Greater Cincinnati’s largest accounting firms has paired up with another regional firm that’s even bigger. The combined firm will operate under the Dean Dorton name.

cpas 104

cpas audit auditor CPA 104

Going Concern

FEBRUARY 5, 2024

Financial Advisor says many accounting firms want to get on the wealth management bandwagon “to serve clients better” but of course really “ wealth management practices can be quite profitable when done well. These senior partners are responsible for their firm’s wealth management efforts. ” Guess what?

Account 64

Account accountant accounted auditor 64

Going Concern

JANUARY 16, 2024

Accountants claimed the top spot in FlexJobs’ annual ranking of the top remote jobs in the U.S., thanks to increasing demand for these skilled professionals across several industries, including finance, health care and government. A shortage of accountants in the U.S. To date only 93 convictions have been overturned.

Account 103

Account accountant accounted audit 103

CPA Practice

FEBRUARY 28, 2023

Additional Key Findings Use of Sustainability Accounting Standards Board (SASB) standards and the Task Force on Climate-Related Financial Disclosures (TCFD) framework have increased significantly between 2019 and 2021: there was a 29% increase for SASB standards usage and 30% for the TCFD framework.

auditor 80

auditor cpas Government accounting standards 80

Going Concern

FEBRUARY 24, 2023

Bloomberg reports : Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a landmark deal to allow US audit inspections on hundreds of Chinese firms listed in New York.

audit 97

audit auditor accounting and finance Washington 97

Going Concern

MAY 5, 2023

The models can read documents and pull-out information that auditors are looking for. “It It makes doing audits much faster, eliminating some of the human error, providing move value to some of the accounting audit work that we do for our clients,” he said. Richard Blumenthal (D-Conn.) and Ron Johnson (R-Wis.)

audit 106

audit cpas auditor Mississippi 106

Going Concern

AUGUST 30, 2022

It ’s quite possible Munter was thinking about the whole EY situation when he wrote, “ Auditor Independence and Ethical Responsibilities: Critical Points to Consider When Contemplating an Audit Firm Restructuring ,” on Aug. Is he talking about EY here without actually talking about EY?

auditor 59

auditor Account accountant accounted 59

Going Concern

MAY 18, 2023

The issue has produced countless unflattering headlines and even government inquiries questioning the ethics of this prestigious professional services organization. In an email to select retired partners, acting CEO Kristin Stubbins apologized deeply and promised to fix the firm’s tattered reputation.

auditor 105

auditor Government Tax Start-ups 105