Going Concern

JUNE 22, 2022

The PCAOB adopted a new audit standard yesterday (AS 1206, Dividing Responsibility for the Audit With Another Accounting Firm ) to ensure that lead auditors are properly supervising the outside auditors they use. PCAOB Adopts New Requirements for Lead Auditor’s Use of Other Auditors [ PCAOB ].

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Going Concern

MAY 23, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? The post Top Remote Accountants of the Week | May 23, 2024 appeared first on Going Concern. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.

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CPA Practice

JANUARY 13, 2024

The Dynamic Duo of Randy Johnston and Brian Tankersley, CPA, attended CES 2024 in Las Vegas, sending back updates on the top new tech of interest to the accounting community. AI has been the hot topic of 2023, and if the Consumer Electronics Show (CES 2024) is any indication, AI will continue to be hot in 2024. Zinwell ATSC 3.0

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LSLCPAs

FEBRUARY 27, 2024

However, the feeling is often eased with familiarity of the process, familiarity with your Agency’s operations, and familiarity with your auditors. We (the auditors) like to think of them as even enjoyable! Urgent Audit Compliance Deadline March 31, 2024 appeared first on LSL CPAs.

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CPA Practice

APRIL 25, 2024

So you know, in terms of Brian, I know you’ve introduced yourself for years as a recovering auditor. And I can tell you that we’ve worked for years trying to hire additional internal auditors, we had the budget, we couldn’t find the people. And, you know, along the line, then, if it’s an audit related piece, they’re in it.

Technology 111

Technology audit Account accountant 111

Going Concern

MARCH 22, 2024

Top Remote Accountants of the Week | March 21, 2024 Practice The worst of times: Issues in accounting in 2024 [ Accounting Today ] It’s a great time to run an accounting firm — except for how hard it is. What Role Should Auditors Play in Corporate Compliance? 19 request under the Freedom of Information Act.

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Going Concern

MAY 2, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? The post Top Remote Accountants of the Week | May 2, 2024 appeared first on Going Concern. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 57

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Going Concern

MAY 16, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? The post Top Remote Accountants of the Week | May 16, 2024 appeared first on Going Concern. Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 57

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CPA Practice

MAY 3, 2024

By Chris Morris, Fast Company (TNS) The auditor of Donald Trump’s Trump Media has been charged with “massive fraud” by the Securities and Exchange Commission (SEC), which says the company “undermined trust and confidence in our markets.” The company had also been approved as the auditor of the upcoming 2024 report.

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audit auditor accounting firms financial statements 116

Going Concern

MAY 19, 2023

Each received the same set of questions, aimed at measuring what share of crypto’s upper echelon employs a third-party auditor and has an independent board. Around half of the businesses surveyed currently engage an independent auditor to assess their finances, the findings showed. Chinese companies switch auditors to avoid U.S.

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CPA Practice

JANUARY 13, 2024

The Dynamic Duo of Randy Johnston and Brian Tankersley, CPA, attended CES 2024 in Las Vegas, sending back updates on the top new tech of interest to the accounting community. AI has been the hot topic of 2023, and if the Consumer Electronics Show (CES 2024) is any indication, AI will continue to be hot in 2024. Zinwell ATSC 3.0

Technology 65

Technology auditor Healthcare Transportation 65

Going Concern

JANUARY 27, 2023

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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Going Concern

JANUARY 20, 2023

HSBC announced on Friday that it had decided to reappoint PwC following a tender process that was required because the Big Four firm will have served for 10 years by the time it signs the 2024 accounts. PwC took over from KPMG in 2015 and was eligible to serve until 2034 subject to a competitive tender at the 10-year mark.

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auditor Technology audit financial statements 96

CPA Practice

APRIL 8, 2024

said in recent regulatory filings that it will keep BF Borgers, a Lakewood, Colorado-based accounting firm, as its auditor after starting to trade publicly late last month. A Canadian regulator said last year that BF Borgers violated its rules for auditors, while the U.S.’s Trump Media & Technology Group Corp. United Cannabis Corp.

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audit accounting firms auditor Account 112

Going Concern

APRIL 30, 2024

Here’s a snapshot from 2019 that shows how much cannabis companies were paying to which auditors: A look at 40 Canadian cannabis companies and what they paid to their auditors over their past fiscal year. Note that many companies switched auditors so not all fees listed went to the current auditor.)

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auditor audit Legal Tax 100

Cherry Bekaert

MAY 9, 2024

A: An independent third-party auditor typically conducts an overhead rate audit. The auditor should be a qualified accounting professional who is experienced in auditing overhead rates and familiar with the intricacies of A&E accounting. Q: Who conducts an overhead rate audit?

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CPA Practice

MAY 8, 2024

Given the severe auditor shortage in the USA, many CPA firms have expanded their adoption of outsourced auditors, increasing from 6% pre-pandemic to more than 40% at present. May 02, 2024 CPA firms are facing the twin challenges of managing a high volume of audit engagements and coping with the industry-wide talent shortage.

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CPA Practice

APRIL 10, 2024

Professionals newly joining the workforce in 2024 can expect an active hiring market, according to research from talent solutions and business consulting firm Robert Half. Advice for the Class of 2024 Robert Half offers the following tips for professionals new to the workforce: Know your worth.

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auditor accounting and finance Legal Finance 98

Going Concern

MAY 24, 2024

link] pic.twitter.com/yegGRtXHFN — Going Concern (@going_concern) May 23, 2024 News PwC faces crisis in China over audit of failed property giant Evergrande [ Financial Times ] The Ls just don’t stop for PwC. Check out this week’s top remote accounting candidates and fill those open roles today. Grant Thornton.

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Going Concern

DECEMBER 29, 2023

While you’re here, let us say thanks for reading and we’ll see you in 2024. Kill the Audit Industry, Says Ex-Auditor published June 1, 2023 #4. Deloitte Auditors Got Caught Changing Their Computer Clocks to Backdate Workpapers published November 1, 2023 Great job, Deloitte, you came in #1 yet again. Now, the list. #10.

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Going Concern

JANUARY 12, 2024

And take our 2024 Predictions for the Accounting Profession survey ! Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. Tingo paid $1.6 million in audit fees in 2022.)

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Going Concern

MARCH 25, 2024

The professional services firm Accenture has cut its revenue forecast for 2024, according to its quarterly report. “Consulting firms are cutting projections and tightening their belts as demand for their work slows,” Business Insider March 23, 2024 Perhaps related to this, perhaps not, Deloitte Australia is making some cuts.

Account 88

Account accountant accounted auditor 88

CPA Practice

APRIL 9, 2024

The 2023 number is also roughly 17% higher than the combined total for 2022, showing that this trend will likely continue into 2024. What does all of this mean for 2024? Sales taxes on services don’t seem likely for 2024. But the numbers only tell part of the story. The short version is more of the same. Despite half of U.S.

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CPA Practice

APRIL 22, 2024

The 10 accounting firms that had the most public company audit clients in 2023 are the same 10 firms atop the table in auditor market share so far in 2024, with EY leading the way as of Jan.

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audit auditor accounting firms Account 69

CPA Practice

FEBRUARY 6, 2024

For a more in-depth overview of the status of all of the initiatives, download the Winter 2024 update. The AICPA and NASBA will continue to pilot the program in the spring, summer and fall 2024 semesters. The following sections provide a high-level overview of a few initiatives outlined in the Plan.

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Going Concern

MAY 20, 2024

The resulting 2024 Insight Special Feature, “Re-Decoding the Decline: An Updated CPA Pipeline Report,” reveals respondents’ perceptions of CPAs and the CPA credential, along with the top challenges and deterrents driving their decisions to pursue the CPA credential or not. TL;DR It’s about time! There were 8.5 million in March 2022.

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audit auditor Account accountant 98

CPA Practice

AUGUST 4, 2023

The home energy auditor must provide a written audit report to the taxpayer. Starting in 2024, taxpayers will need to substantiate that a qualified auditor conducted their home audit. of this notice. of this notice, at the time of the home energy audit. of this notice, at the time of the home energy audit.

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audit auditor Tax Start-ups 98

Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? the auditor of Tesla Korea, about the company’s financial statements for last year.

CPA 98

CPA auditor Tax audit 98

ThomsonReuters

JANUARY 29, 2024

 In many cases, businesses are engaging third-party assurance auditors to in their ESG reporting. And The post Climate risk a 2024 top priority for ESG investors appeared first on Tax & Accounting Blog Posts by Thomson Reuters. That’s the way the wind is blowing for most large businesses seeking investors—and customers.

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audit Technology Government auditor 52

CPA Practice

MAY 1, 2024

The deadline to submit nominations is Friday, June 28, 2024. Those interested in nominating a candidate for consideration should provide the candidate’s name, title, and (if available) resume or biography using the FASAC nomination form. Candidates who are not selected for the upcoming class may also be considered for future FASAC classes.

financial accounting 111

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CPA Practice

FEBRUARY 6, 2024

Investing in technology is a key priority for accounting firms as they move into 2024, while m itigating the ongoing talent shortage and keeping pace with new laws continue to cause challenges for many within the profession. Caseware explores worldwide perspectives within the accounting and audit professions annually.

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accounting firms Technology Account accountant 65

Accounting Today

DECEMBER 12, 2023

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards.

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audit auditor 68

Going Concern

MARCH 1, 2024

pic.twitter.com/FQcm4AXSdg — Barbara Pocock (@BarbaraPocock) February 27, 2024 Chartered Accountants mistakenly let ex-PwC partner avoid investigation [ Financial Review ] Speaking of Peter Collins, AFR is still on the beat like a tick on a dog’s ass. These stats don’t include the up to 1000 partners (mostly men) on huge incomes.

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Going Concern

MAY 6, 2024

Bloomberg Tax drops a scary headline : End of Trump Media’s Auditor Jolts Hundreds of Other Companies The sudden shutdown of what the SEC dubbed a “sham audit mill” will force hundreds of companies, including Trump Media & Technology Group Corp., WE’RE AWARE. Borgers had clients ranging from American Rebel Holdings Inc.,

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auditor audit Account accountant 77

Going Concern

FEBRUARY 23, 2024

Sadly, I had to argue with them over their own language in black and white on how… — Eric Pierre, CPA (@yourfavecpa) February 22, 2024 Deloitte’s Adam Powick wrestles with the complaints of former staff and directors about the pressure to perform in a gruelling corporate culture. in last 12 months.

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CPA Illinois auditor Iowa 99

Going Concern

JANUARY 16, 2024

1 in-demand remote job companies are hiring for—it can pay over $100,000 a year ,” CNBC Make It January 14, 2024 Speaking of remote work, fully remote workers were promoted 31% less frequently than their in-person peers last year, according to Live Data Technologies. “ The No. BBC explains : What is the Post Office scandal?

Account 104

Account accountant accounted audit 104

Going Concern

MARCH 15, 2024

The NYT report’s focus was that private auditors from large firms failed and consistently missed child labor law violations. Auditors moved quickly and left before children arrived for overnight shifts, or they were not sent where minors worked. Fifty-one percent oppose the proposal, compared with 43% who are in favor. Education Sen.

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