Remove accounting firms Remove financial statements Remove forensic accounting Remove Manufacturing
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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

AI Is your firm keeping pace? How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. But federal monitoring is making a comeback under new leadership. million from the federal government.

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Monday Morning Accounting News Brief: Every Day Is Fools’ Day For Some Accounting Employers; McKinsey Now Paying People to Leave | 4.1.24

Going Concern

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

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