Going Concern

OCTOBER 18, 2024

Firm Watch Accountancy firm BDO fined €1.3 million for work with Russian-held football club Vitesse [ NL Times ] The fine is regarding the work that BDO did as an accountant for football club Vitesse, and a holding company of the former owner of the club, Russian businessman Valeri Oyf, sources told FD.

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audit auditor New York accounting and finance 104

Going Concern

FEBRUARY 6, 2025

They said : A task force of the American Institute of CPAs Professional Ethics Executive Committee (PEEC) will seek public comment on its preliminary conclusions about revisions to independence rules related to alternative practice structures, changes driven by the increasing prevalence of private equity investment in accounting firms.

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audit auditor cpa firm CPA 90

ThomsonReuters

DECEMBER 27, 2024

Blog home With the introduction of Accounting Standards Update 2023-08, Subtopic 350-60, the landscape for accounting, audit, and assurance of cryptocurrency is evolving. Unique audit risks related to cryptocurrency What is an auditors responsibility in crypto audits? What can accountants do to prepare for crypto audits?

audit 52

audit auditor financial statements Technology 52

Accounting Today

JUNE 16, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. By Michael Cohn June 13 Like what you see?

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Going Concern

OCTOBER 21, 2024

ICYMI: American Institute of CPAs (AICPA) and the National Association of State Auditors, Comptrollers and Treasurers (NASACT) suggest state and local governments step it up to beat the talent shortage. But accountants who do government work face unique challenges that require more specialized solutions.

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Going Concern

NOVEMBER 4, 2024

Alongside the rise in burnout, respondents reported a decline in their overall well-being in 2024, noting a decline in key areas, including mental (32%) and financial (30%) health. Reports NL Times : The accountancy firm Ernst & Young (EY) is the latest accounting company to discover exam fraud.

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accounted Account accountant auditor 105

Accounting Today

JULY 18, 2025

One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession. The growing use of advanced technology, primarily artificial intelligence, promises significant changes in how accountants and internal auditors will work in the future.

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audit Technology accounting and finance Education 75

Going Concern

DECEMBER 24, 2024

Average annual training hours for partners, managers, and staff of the firm, combined, across the firm and on the engagement. Average number of years worked at a public accounting firm (whether or not PCAOB-registered) by senior professionals across the firm and on the engagement. Experience of Audit Personnel.

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audit accounting firms auditor financial statements 105

Going Concern

NOVEMBER 21, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

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Going Concern

OCTOBER 11, 2024

Remaining Downtown: While others move on, an accounting firm is expanding in the Golden Triangle [ Pittsburgh Post-Gazette ] At a time when many firms are downsizing their office space, Louis Plung & Company is going against the flow. Here are this week’s top remote accounting candidates for your browsing pleasure.

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audit Technology Texas financial statements 59

Going Concern

OCTOBER 25, 2024

Firm Watch Whistleblower says big accounting firm hid evidence that a Saudi co-defendant helped finance 9/11 [ Florida Bulldog ] So this is…a lot. The rankings were derived from Vault’s Summer 2024 Intern Survey, which polled almost 20,000 interns at nearly 300 companies. The number of U.S.

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Going Concern

NOVEMBER 22, 2024

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S.

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auditor audit accounting and finance financial statements 52

Going Concern

OCTOBER 14, 2024

Land an internship at a prestigious accounting firm. Fast forward to her sitting for the CPA exam 10 times and failing 9 while still in grad school… I had a glaring red flag in front of me that I was in the wrong profession, and yet, I clung to my career in accounting because it was a part of the plan. .”

Account 59

Account accounted accountant audit 59

CPA Practice

NOVEMBER 25, 2024

Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. He joined the Governmental Accounting Standards Advisory Council (GASAC) in 2011 as a representative of the Government Finance Officers Association (GFOA) and served as chair from 2015-2021.

Wisconsin 52

Wisconsin Colorado auditor Oregon 52

Going Concern

DECEMBER 2, 2024

Let's acknowledge the most important people behind the spectacular Silent Hill 2 remake: pic.twitter.com/GGquHgEVvq — Going Concern (@going_concern) November 30, 2024 Alright, enough chit-chat. Is the $750,000 fine for accounting fraud or deficiencies a material item?

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accounted Account accountant audit 59

Accounting Today

JULY 1, 2025

In fiscal year 2024, only 18 of 24 CFO Act agencies received clean (unqualified) audit opinions, reaching 20-year lows. Focusing on high-impact audits : The government will prioritize audits that reduce risk and improve accountability, while combining or ending audits that serve only compliance. The shortcomings are clear.

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audit North Carolina Technology Ohio 64

Accounting Today

JULY 15, 2025

The bonus depreciation went down to 80% in 2023 and in 2024 it went down to 60%. By Michael Cohn 11h ago Technology Deloitte gives its auditors more agentic AI capacities Deloitte said its auditors will now have enhanced agentic AI capacities within Omnia, the firms global cloud-based audit and assurance platform.

Tax 91

Tax Construction Technology tax planning 91

Going Concern

MAY 2, 2025

It is known that the Public Company Accounting Oversight Board has been at risk of getting DOGE’d under the Trump administration, starting with the nomination of known PCAOB-hater Paul Atkins to serve as chair of the SEC. In speeches, he spoke out against rules that limited audit firms ability to make professional judgments.

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Going Concern

NOVEMBER 25, 2024

Aprio, an Atlanta-based advisory and accounting firm, recently purchased Kirsch Kohn & Bridge (KKB) in Woodland Hills to continue its expansion efforts in the region. The top ranks of the world’s biggest accountancy firms jointly own and manage their firms — and share in its profits at the end of the year.

accounted 52

accounted Account accountant CPA 52

Going Concern

JUNE 16, 2025

Podcaster and observationalist David Leary has a prediction for the future of firms. The tweet : HOT TAKE: AI isn’t going to save accounting firms; it is probably going to kill them. What kind of hybrid monster will accounting firms be in the future? 43,000+ restaurants that do NOT serve Coca-Cola.

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accounted Account accountant Non-Profits 64

Accounting Today

JULY 8, 2025

We can now go back to the old provisions, especially for small businesses with under $31 million in revenue, and amend for 2022, 2023 and 2024. Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here.

Technology 126

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Going Concern

APRIL 7, 2025

billion accounting error, lawmakers are looking to move on from the outside independent auditor who would work with the state auditors office in reviewing the states financial records. billion accounting issue on the states books for years, but no one tried to fix it or figure out the origins of the listing.

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auditor South Carolina audit accounted 52

Going Concern

NOVEMBER 1, 2024

Audit Private Equity’s Ties to Companies’ Auditors Have Never Been Closer. accounting firms will have either sold an ownership stake or part of their business to private-equity investors, up from zero in 2020, said Allan Koltin, chief executive at advisory firm Koltin Consulting Group. That Worries Some Regulators.

audit 52

audit Florida auditor accounting firms 52

Going Concern

APRIL 28, 2025

Lynch, PhD, CPA did a little research on the ground to answer the question: During the 2024 spring semester, the authors surveyed 97 accounting faculty members from 45 different universities across 21 states. A CPA Journal article asks “ Did the CPA Evolution Leave Educators Behind? This could be implemented in numerous ways.

CPA 52

CPA auditor Utah accounted 52

Going Concern

MARCH 28, 2025

Andersen Global partners MMCA & Associates [ International Accounting Bulletin ] Andersen Global has broadened its presence in Canada through a collaboration agreement with MMCA & Associates, a full-service accounting firm. MMCA & Associates is headquartered in Calgary, with offices in Edmonton and Banff.

audit 59

audit accounting and finance accounting firms Tax 59

Going Concern

JANUARY 31, 2025

Firm Watch Accounting firm taps longtime employee to head up Charlotte office [ Charlotte Business Journal ] RSM US has named a 13-year veteran of the company as the new leader of its Charlotte operations. EYs ban took effect in March 2024, which means it is free to take on clients from the end of March 2026.

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Going Concern

JUNE 23, 2025

What’s funny is this paragraph they added to the article: AICPA leadership monitored the debate about the PCAOB’s future, showing general support for the role of the auditor in assuring public trust regardless of how supporting regulatory agencies are structured. Third quarter revenue was $17.7

Account 52

Account accounted accountant audit 52

Going Concern

JUNE 6, 2025

Audit Fraud culture was ‘pervasive’ at union, auditors say [ BBC ] There was a “pervasive fraud environment” at one of the UK’s largest trade unions Unite, an auditors’ report obtained by the BBC has concluded. Members of Congress Introduce Comprehensive U.S.

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audit auditor Tax Government 93

Going Concern

JULY 18, 2025

Private Equity Private equity is coming for accounting firms. While they invest money and resources, PE firms look for profits in relatively short timeframes, often achieved through cost-cutting. While they invest money and resources, PE firms look for profits in relatively short timeframes, often achieved through cost-cutting.

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audit South Carolina Missouri auditor 59

Accounting Today

JULY 15, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email A major merger with billion-dollar firm Marcum toward the end of 2024 put CBIZ firmly at the top of the list of new Securities & Exchange Commission audit clients for the first quarter of 2025. it also took first in new audit fees, thanks to $10.9 million from QuidelOrtho Corp.,

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audit Technology tax preparation corporation tax 59

Accounting Today

JUNE 9, 2025

Musk, the biggest political donor of the 2024 campaign, has threatened to help defeat anyone who votes for the legislation, but lawmakers seem to agree that staying in the presidents good graces is the safer path to political survival. Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S.

Tax 52

Tax Technology West Virginia audit 52

Going Concern

MAY 9, 2025

Wall Street Journal recently published a story about a pair of ER doctors who have shared a dire warning to accounting firms cozying up to private equity: Trust and quality will suffer. The analogy with accounting is perfect. If you compromise the auditors, then its a total coverup,” said Keaney.

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auditor accounted Account accountant 64

Going Concern

FEBRUARY 14, 2025

As noted by Bloomberg Law, the group composed of lawyer representing law firms, accounting firms, nonprofits, and private companies has stepped in to assist attorneys and law students find jobs. Accounting Firms Hire Growth Leaders as Dealmaking Shakes Up Industry [ Wall Street Journal ] Forty-nine of the 100 largest U.S.

Arizona 52

Arizona audit CPA Legal 52

Accounting Today

JULY 17, 2025

We have to play offense," said John McLaughlin, one of Trumps 2024 campaign pollsters. "We We need to let the voters know this is what Democrats stand for. If the bill had not passed, 95% of Americans would have seen their taxes rise."

Tax 72

Tax Technology audit tax planning 72

CPA Practice

AUGUST 28, 2024

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. Award winners and finalists are presented alphabetically.

Technology 124

Technology accounting firms accounted Account 124

Going Concern

AUGUST 9, 2024

We propose that from now on, all accountant shortage surveys require respondents to share pay figures for roles they're struggling to fill. The university hired accounting firm CliftonLarsonAllen to conduct the independent forensic examination into CapRadio, which is an auxiliary of Sacramento State.

accounting firms 104

accounting firms accounted Account accountant 104

CPA Practice

OCTOBER 8, 2024

According to a new report from top six accounting firm BDO USA, company finance leaders are expecting technology like artificial intelligence to be used by their external auditors now to enhance their audit engagement and consider it the second-most important factor when choosing an audit firm.

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