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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [ Financial Times ] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month.

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Cohen & Co. to Move Into Buffalo After Acquiring CPA and Consulting Firms

CPA Practice

Top 50 accounting firm Cohen & Co. will be entering the Buffalo market when a deal to acquire Szymkowiak & Associates CPAs and its sister firm PEAR Consultants closes next month. All professionals of Szymkowiak and PEAR Consulting, which share an office in Buffalo, will join Cohen & Co.

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Monday Morning Accounting News Brief: The Real Reason 150 Hours Exists; KPMG Pensioners Call Partners Immoral, Despicable | 1.22.24

Going Concern

They made the intermediate accounting curriculum harder than it needed to be and used junior professors who weren't as experienced to make the class even harder. They made the intermediate accounting curriculum harder than it needed to be and used junior professors who weren't as experienced to make the class even harder.