Remove 2020 Remove auditor Remove institute of chartered accountants
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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

Auditors are required to include a going-concern warning if they believe there is a risk that the company may go bankrupt, rather than making a prediction that it will. The quality control standard represents the give and take of a decade’s worth of consideration on how to improve audit quality among auditors of public companies.

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Tuesday Morning Accounting News Brief: A New Kind of Audit Quality Report; Merger Mania; Skilled Talent, Not Newbies | 5.28.24

Going Concern

The Institute of Chartered Accountants in England and Wales (ICAEW) has published a report called Evolution of Mid-Tier Accountancy Firms. … In 2015, EY Canada was hired as an outside auditor to investigate “irregularities” among the hospital’s procurement practices. – More than 1.2

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Monday Morning Accounting News Brief: EY Didn’t Have a Labor Permit; Deloitte Partners Allegedly Suffer But Not Really | 9.30.24

Going Concern

Publications around the world continue to discuss the tragic sudden death of a young auditor at EY India and dirt keeps making its way to the surface. They opened up testing centers all around India in 2020 and Philippines in 2024 and allowing people there without any US college credits to sit for exams. Hello and happy Monday!

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Tuesday Morning Accounting News Brief: Forget the Layoffs, RSM Got Foosball!; Whistleblower Op-Ed Begs For the PCAOB’s Life | 5.27.25

Going Concern

The boards continued vigilance is crucial, as many of the systemic risks that necessitated its creation such as the inherently conflicted relationship between auditors and their clients and the temptation of fraud still endure. This failure to check the books since 2020 will cost the city an estimated $330,000.