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

MAY 13, 2024

We moved the requirements addressing the engagement partner’s responsibility for due professional care into a separate paragraph to highlight the important role engagement partners play and to help draw a distinction between the responsibilities applicable to all auditors and those that are incremental for engagement partners.

Oregon 82

Oregon Account accountant accounted 82

Going Concern

DECEMBER 8, 2023

Expand the accounting pipeline with a mentorship circle [ Journal of Accountancy ] At a time when the CPA pipeline is running slow, mentoring can be a powerful tool to recruit potentially interested students into accounting and guide them to careers in the profession. The SEC approved the standard on Dec.

cpas 107

cpas Account accountant accounted 107

Going Concern

SEPTEMBER 29, 2023

” The updated version, issued on September 28th, removes problematic language which could be construed as indicating that internal auditors are not inherently trustworthy and unable to exercise due care in the performance of their duties. And CPAs in this space know what that means in terms of legal exposure.

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auditor audit New York CPA 104

Going Concern

JUNE 23, 2023

Office Hours: CPA Firms Shift Toward More In-Person Collaboration and More Square Footage [ INSIDE Public Accounting ] Three years after accounting professionals were forced home by COVID and then back to the office, at least part of the time, firms are beginning to settle into a new normal. 31 is still not finished.

cpa firm 103

cpa firm CPA auditor North Carolina 103

Going Concern

NOVEMBER 11, 2022

‘There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ]. Many auditors responding to the FERF study noted an increase in effort by their teams (68%). Vatican’s former audit chief launches €9.3mn legal case over dismissal [ Financial Times ].

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audit auditor Louisiana cpas 91

Going Concern

APRIL 14, 2023

Investors are left to navigate a field of potential landmines in the enormous roster of clients that the Big Four boasts, where auditor independence is understandably in question. Auditors are tasked with reassuring investors that the companies they invest in are financially healthy, and warning them if they’re not.

Tax 103

Tax auditor audit accounting firms 103

Going Concern

MARCH 16, 2022

The big news in the accounting profession yesterday afternoon from Dave Michaels of the Wall Street Journal was that the SEC is investigating the Big 4 and other public accounting firms on whether the consulting and non-audit services they sell to clients is conflicting with their independence as the auditors of said clients.

audit 52

audit auditor bookkeeping accounting and finance 52

Going Concern

NOVEMBER 18, 2022

KPMG has been blocked from winning new audit contracts in Abu Dhabi after regulators removed the Big Four firm from the list of accountants authorised to sign off companies’ financial statements. After 1,600 auditors combed through DOD’s $3.5 Teaching Accounting Students an Alphabet Soup of Technology [ The CPA Journal ].

Technology 83

Technology audit auditor accounting and finance 83

Going Concern

SEPTEMBER 22, 2023

Michael Harlow to Lead Cannabis Practice at CohnReznick [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has named Michael Harlow as leader of its cannabis industry practice. Williams said in a news release.

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audit accounting and finance Virginia auditor 93

Going Concern

APRIL 15, 2022

CNN found that he received this money for businesses he classified as tax firms and related entities even though he wasn’t a certified public accountant and a court injunction had barred him from masquerading as one. auditors and for not aligning closely enough with recently-issued international rules. As a result, U.S.-based

accounting firms 52

accounting firms audit Account accountant 52

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline. Gehi to judge its responses and carry out the medical procedures.

Government 85

Government Gambling audit CPA 85

inDinero Accounting

MAY 5, 2021

Do you know what tips off PPP auditors and investigators to potential fraud? Auditors will need to see more information if a review of your business activity or liquidity assessment brings up red flags in the following areas: Permanent closure of your business. CFO role during a financial audit. Business performance test.

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audit auditor accounting and finance payroll 52

FraudFiles

NOVEMBER 5, 2020

Virtually all civil suits involve issues about money, and a certified public accountant is one of the best resources for sorting out the financial details. Practice talking about the types of matters that you can assist with by using well-known legal cases to illustrate your niche. Building a Practice.

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audit CPA income tax auditor 52

Going Concern

AUGUST 4, 2023

Early this year, PwC had more certified public accountants in Austin than anyone else, with 135. Previously she was a special advisor and associate counsel to President Obama, advising the President as his senior advisor on legal and constitutional issues. Its total headcount was around 600, up more than 40% from the year prior.

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cpa firm CPA accounting firms accounting and finance 97

Anders CPA

DECEMBER 7, 2023

In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton and guest co-host John Scott , Virtual CFO and legal industry leader, are joined by Terrell Turner , CEO of the TLTurner Group, to discuss the importance for non-finance professionals to understand financial metrics, specifically law firms.

Finance 52

Finance accounting and finance Start-ups Non-Profits 52