CPA Practice
APRIL 8, 2024
said in recent regulatory filings that it will keep BF Borgers, a Lakewood, Colorado-based accounting firm, as its auditor after starting to trade publicly late last month. A Canadian regulator said last year that BF Borgers violated its rules for auditors, while the U.S.’s Trump Media & Technology Group Corp.
Going Concern
APRIL 16, 2024
Over the past week or so, various media outlets have been picking on Trump Media auditor BF Borgers and their 100% PCAOB deficiency rate. BF Borgers has become one of the most prolific auditors of US public companies just 15 years after its foundation, and regulators have warned that it has taken on new clients faster than it can manage.
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TaxConnex
SEPTEMBER 7, 2023
Location, location, location 501(c)(3) organizations are exempt from sales tax on their purchases in Colorado and in Utah. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. How important are these certificates?
Going Concern
APRIL 28, 2023
The setback for auditor partners is especially severe when their ICOs are somewhat subjective and when they focus on more important clients, according to the study published last month by academics at the University of Arkansas, Colorado State University and the University of Kansas. There’s one problem.
Going Concern
APRIL 8, 2024
Bloomberg went digging around in Trump Media’s auditor’s PCAOB inspection reports: Trump Media & Technology Group Corp. said in recent regulatory filings that it will keep BF Borgers, a Lakewood, Colorado-based accounting firm, as its auditor after starting to trade publicly late last month.
Withum
SEPTEMBER 16, 2022
Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. For example, Colorado has 271 municipalities, but only 72 municipalities have opted to self-collect sales tax.
TaxConnex
OCTOBER 4, 2022
Are they experienced with auditors? If there’s an error, who’s responsible for the penalties and interest? Are they qualified (remember: sales and use tax practitioners usually aren’t regulated)? Will they assist you if you are ever audited? Their software was never designed and set-up to fulfill all aspects of the compliance process.
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