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Sorry, Private Equity, RSM Doesn’t Want Your Money

Going Concern

FT published an interview today with Brian Becker , RSM US CEO and managing partner since 2022, in which he states RSM will not be jumping on the private equity train that some firms have embraced this decade. It made us into a national firm, which was great. Who says the old partnership model is dead? ” See?

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Generative AI: considerations for small businesses

Xero

Soon-Ee kicked off by asking us to think about what these technologies mean and their limits. When using generative AI in business, we should have a sense of how confident we need to be in its outputs. At this point, Maribel pointed out that generative AI proposes answers without allowing us to interrogate the underlying data.

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The Audit Profession’s Inability to Retain Talent Poses a Serious Threat to Audit Quality

Going Concern

Just about every e mployer in corporate America is singing the blues about talent shortages caused by the Great Reset and the Great Resignation. Wh en the moderator shared my observation with the audience , she conveniently omitted my view that audit firm mismanagement of human capital was the problem. Denial of reality?

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Now the Profession Is Losing Experienced Accountants Too

Going Concern

Here we are again talking about the accountant shortage. Mark Maurer at Wall Street Journal wrote today about a young man named Omer Khokhar who realized after six years in accounting that he was done. About 82% of workers who exited accounting this year through Sept. Don’t blame me, blame WSJ. ” Ruh-oh.

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Telenav Partners With Amazon For Alexa-Powered Navigation

PYMNTS

Drivers can use voice commands to interact with the map, add a stop en route, request points of interest and more. Expanding our work with Alexa’s voice-based services to work offline allows us to provide consumers with technology-aided benefits at all times. Financial results for the Telenav’s fiscal quarter that ended Sept.

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Guy Who Works at a Firm Actually Named FML on Why Accounting Is a Great Career

Going Concern

.” Let me preface everything that is about to be said here with this: Accounting is a fantastic career and I sincerely believe that or I wouldn’t have spent the last 15 years painstakingly and often obnoxiously pointing out things that are wrong with it. Because people started quitting en masse if they couldn’t get it.

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. With a nod specifically to Libra, the report noted that the digital offering could be embraced by Facebook users en masse.