TaxConnex

FEBRUARY 27, 2024

For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%). million accountants and auditors in the U.S.

Sales 219

Sales Tax Account accountant 219

Going Concern

JANUARY 12, 2024

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. Tingo paid $1.6

audit 94

audit auditor Illinois CPA 94

Going Concern

MAY 20, 2024

Today the EY organization has announced new technology capabilities and a global Artificial Intelligence (AI) Assurance framework for EY professionals as part of a multi-year, technology driven audit transformation program which is supported by plans to align approximately 9,000 Technology Risk professionals to the Assurance service line.

audit 93

audit auditor Account accountant 93

Going Concern

MARCH 17, 2023

When evaluating the decision to pursue legislation, the MNCPA board focused on attracting students to the accounting degree and, ultimately, CPA certification. A decline in CPAs is affecting smaller cities, counties and school districts that are unable to find a CPA to perform their audits.

cpas 97

cpas Education Minnesota accounting degree 97

Going Concern

MARCH 25, 2022

PCAOB cautions firms on use of outside service providers for audit confirmations [ Accounting Today ] The Public Company Accounting Oversight Board issued a Spotlight publication Monday containing some observations and reminders for auditing firms about relying on outside service providers for electronic audit confirmations.

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Going Concern

APRIL 20, 2022

This latest iteration of the report covers university data reported to the Integrated Postsecondary Education Data System (IPEDS) for the 2019–20 academic year in addition to abbreviated university responses regarding enrollment expectations for both the 2019-20 and 2020-21 academic years. of new hires are non-accounting grads.

Account 52

Account accountant accounted CPA 52

Going Concern

FEBRUARY 24, 2023

Facts to consider: A survey of MNCPA members shows an increase in the number of new hires who hold accounting degrees with 120 credit hours. note: we’ve written about that study before, see: The 150-Hour Rule is Kinda Bullsh*t, Says Guy ] A working paper published in 2020 by Brian Meehan and E.

Minnesota 96

Minnesota Illinois cpas CPA 96