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Friday Footnotes: No Foolin’ Here; 18,000 New Accounting Jobs; Skills Auditors Need NOW to Be Future-Ready | 4.1.22

Going Concern

public companies more than doubled in 2020, according to the 2021 U.S. Goodwill Impairment Study (“2021 Study”) released today by the Valuation Advisory Services practice of Kroll, the leading provider of data, technology and insights related to risk, governance and growth. Photo by Cristyan Bohn. appeared first on Going Concern.

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Friday Footnotes: AI Trash Talks Big 4 Firms, Academics Apologize; EY Partner Took $700k in Naughty Money | 11.3.23

Going Concern

How will AI affect accounting jobs? Thomson Reuters ] While 51% of accounting professionals believe that ChatGPT and generative AI should be applied to tax, accounting, and audit work, opinions are divided about the usefulness of AI tools.

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Are accounting firms keeping remote work positions?

ThomsonReuters

Are there still remote accounting jobs? The short answer is yes, remote accounting jobs are still being offered. Let’s take a closer look. It has been a few years since the onset of the pandemic, so where does the profession currently stand? And the benefits were not going unnoticed.

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Friday Footnotes: EY Money Troubles; Fast Food > Public Accounting; From Athlete to Associate; | 12.16.22

Going Concern

The 2021/22 payments include $14 million from an Industry department contract the Audit Office has found to have been “tailored” to company, and massive deals with the country’s cyber spy agency and Defence. In 2006, the average full-time weekly earnings for accountants were 35 per cent higher than the comparable figure for all workers.

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The Virtual Workplace Is Here To Stay

AccountingDepartment

Before the pandemic, only 6% of jobs were primarily remote. As of July 2021, 46% of management, business, and financial operations employees were working remotely. Glassdoor has also reported a surge in searches for remote positions continuing into 2021. Are You Looking for a Remote Accounting Job?

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Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

Job claimants are awaiting offer letters from one of the Big Four accounting firms, Deloitte, after getting placed in the company as early as October 2021, Business Today has learned. Another job claimant, who was placed in October 2021, has also not received an offer letter. It’s been more than one year now.”

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

Last year, the median salary for full-time entry-level accounting jobs was roughly $62,500, up from about $50,000 in 2020, according to Handshake data. Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S. Regulator Says [ Wall Street Journal ] Several U.S.

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