Monday Morning Accounting News Brief: Gen Z Ruins Accounting; EY Hammers Out Some Deets; Internal Control Controversy | 12.05.22
Going Concern
DECEMBER 5, 2022
Not only is the cost high, but firms don’t feel it has value. They assume since management is doing the internal control evaluation themselves, the auditor opinion does not matter. On Monday, the exchange also announced that it was engaging with the accounting firm Mazars to provide a third-party “factual findings” report.
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