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Friday Footnotes: The Profession vs. Gen Z; CPA Firms Get Back to the Office; Deloitte Quits | 6.23.23

Going Concern

Audit “When you are a hammer, the world is a nail” – SEC and PCAOB Senior Staff Signal Increased SEC and PCAOB Gatekeeper Enforcement [ Lexology ] SEC Enforcement and PCAOB Enforcement both are pursuing more significant sanctions against auditors, particularly with respect to civil money penalties.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

As the accounting industry continues to move away from commoditized audit and tax services to value-based delivery of holistic business solutions, technology is key to enhancing this value through increased efficiencies and heightened support of our role as trusted business advisors. Trump business got at least $7.8

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Monday Morning Accounting News Brief: Small Firms Beg For Big 4 Knowledge; FreshBooks Leak; Tech in Lieu of Accountants | 4.10.23

Going Concern

Smaller accounting firms have asked Big 4 to share their expertise [ FT ]: Smaller rivals have called on the UK’s Big Four accounting firms to share their audit expertise and technology, but partners at the big firms say they fear being accused of breaking competition law if they do so. Here’s what’s going on.

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Monday Morning Accounting News Briefing: PwC India Hiring; CFO Expectations; EY’s Sales Pitch | 8.29.22

Going Concern

One day we could be in the Stamford, Connecticut office and the next we could be in the NYC office—or even at a client’s office. On top of the audit work, we go through trainings and webcasts and meet with various employees. Lastly, here’s some oddly satisfying background music to help you get through the week.

Sales 52
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Average Bookkeeper Salary in the United States

Snyder

Department of Labor’s Bureau of Labor Statistics (BLS), bookkeepers and accounting clerks will experience almost a 4% employment decline in the decade 2018-2028, compared to a projected 6,4% increase in accountants and auditors during the same period, which is shown in the table 1. for accountants and auditors, which is almost half fewer.

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Monday Morning Accounting News Brief: AI Will Save Your Job?; Compliance Gets Some Pipeline Blame | 12.18.23

Going Concern

I find that when exposure to restrictiveness is high, there are fewer students majoring in accounting, fewer CPA exam candidates, and fewer accountants and auditors overall. Stamford Advocate : “We are at the one-yard line here to get this audit across the finish line,” said Scott Bassett of RSM U.S. —

Georgia 57
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Smaller Firms Targeted For Big Hauls By Payments Fraudsters

PYMNTS

The action follows a review by auditors that found some sanctions were not followed. Travel expenses were not approved, the audits found, prior to trips being taken. In one case that showed how crime does not pay (and, in fact, can cost all parties dearly in Connecticut), a woman agreed to reimbursement to the tune of $1 million.