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A Closer Look at Your 401(k) Plan

Withum

Now that the ink has dried on your corporate tax return, it is time to consider your next important tax filing. Recently, the requirement that determines when audited financial statements are required changed. The DOL expects this change to reduce the number of audits by 20,000 annually.

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What’s Hot on Checkpoint for Accounting, Audit, and Corporate Finance Professionals?

ThomsonReuters

Some of the latest additions that customers may find useful include: A Special Report on tax jurisdictional perspectives that addresses current trends in corporate tax transparency to align with ESG reporting. The post What’s Hot on Checkpoint for Accounting, Audit, and Corporate Finance Professionals?

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Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

The audit opinions they issue typically have meaning and value because the firms operate with public trust. In the public company audit arena, this transparency is maintained through PCAOB inspections of auditors. .” If finalized by the Board, the proposed chapter would become Chapter 6 of FASB Concepts Statement No.

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Monday Morning Accounting News Brief: What Do Big 4 Firms Pay These Days?; EY Gets Sued | 4.8.24

Going Concern

A Canadian regulator said last year that BF Borgers violated its rules for auditors, while the US’s Public Company Accounting Oversight Board found multiple deficiencies in every audit it reviewed from the firm over the past two annual checks. The Financial Reporting Council fined Grant Thornton £40,000 for not showing their homework.

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Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

Williams made the following statement today at a virtual press conference: Since 2021, the PCAOB has sanctioned nine registered firms for exam cheating. Audit firms currently must publicly identify the lead partner on the audits they perform and the other firms that helped with that work. Tesla Korea was subjected to 25.1

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Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Staffing Drama Signal Mountain Won’t Pay Accounting Firm For Extra Work On Audit [ Chattanoogan.com ] Clients are the worst The Signal Mountain Town Council has declined to pay an auditing firm extra money it said was due because of inadequate help from city employees in preparing the annual city audit.

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5 indirect tax trends shaking up corporate landscapes

ThomsonReuters

Greater government scrutiny: Aggressive indirect tax audits are expected as soon as this year. Governments seeking to bolster their revenue streams also are likely to increase the number and intensity of indirect tax audits, LeCompte noted. “We’ve Corporate Tax Technology: Stepping into the Future.

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