auditor financial statements public accounting Washington 
Going Concern
MAY 26, 2023
Long Read How a Pandemic-Era Program Became a Magnet for Fraud [ New York Times ] Amid the onset of the pandemic in 2020, as large swaths of the economy went into lockdown, Washington set up various programs to help keep businesses and their workers afloat. million to federal political parties from July 2012 to June 2022, and when KPMG ($1.1
Going Concern
JULY 31, 2023
With days to go before the end of a consultation period on the proposal from the Public Company Accounting Oversight Board, (PCAOB) they are trying to sign up their clients to oppose the plan, saying that audit fees will soar if the changes go through. Such suggestions are false. and Congressman Jason Smith, R-Mo.,
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Going Concern
MARCH 15, 2024
KPMG layoffs by u/corpslave_1998 in Big4 Deloitte fights for another shot at $789M SHARKCAGE cyber contract [ Washington Technology ] Deloitte wants back into the competition for a $789 million Navy contract that was captured by Accenture. The SEC is working on proposals that would enhance disclosures to better protect investor interests.
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.
Going Concern
AUGUST 19, 2022
Biggest Stablecoin Issuer, Tether, Switches Accounting Firm to BDO Italia [ Wall Street Journal ] Tether Holdings the issuer of the world’s largest stablecoin, said on Thursday it switched the accounting firm that signs off on its attestation reports to BDO Italia, the Italian member firm of BDO. Audit: U.K. ” Oh, Reddit.
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.
Going Concern
JULY 15, 2022
SEC’s Gensler Casts Doubt on Prospects for China Audit Deal [ Wall Street Journal ] Securities and Exchange Commission Chairman Gary Gensler expressed doubt Wednesday that negotiators in Washington and Beijing will reach an agreement over audits that is necessary to prevent Chinese companies from being delisted by U.S. stock exchanges.
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