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. All rights reserved. By Michael Cohn June 13 Like what you see?

audit

Accounting Today

JUNE 23, 2025

In late 2023, GASB issued Statement 102 , "Certain Risk Disclosures," requiring state and local governments to provide financial statement users with information about specific risks when circumstances make a government vulnerable to a heightened possibility of loss or harm. That is effective for 2025 financial statements."

accounting standards

CPA Practice

AUGUST 1, 2025

Among many necessary tasks, founders looking to sell must ensure their books and records are properly maintained so the financial statements are able to withstand heightened due diligence. Meanwhile, the IPO market is at a standstill compared to prior years, and M&A activity remains more modest than many onlookers had hoped.

Sales

Accounting Today

JULY 24, 2025

If an online shipping company can inject that much personality into something as mundane as postage, whats stopping CPA firms from doing the same? Too often, accounting firms hide behind a veil of professionalism that borders on sterile. All rights reserved. It got me thinking.

cpas

Going Concern

MARCH 21, 2025

If your firm is hiring, check ’em out! The tax arrangements had been blessed by the other Big Four accountancy, EY, which has audited the drinks makers financial statements since 1921. Practice Management How accounting firms reinvent themselves [ CPA Canada ] In the past, accounting firm branding was simple.

Technology

Accounting Today

JULY 24, 2025

By Jeff Stimpson 1h ago Accounting IFAC welcomes new FOF chair The International Federation of Accountants welcomed Fiona Campbell as the new chair of the Forum of Firms, succeeding David Isherwood, effective July 23, 2025. By Michael Cohn 7h ago Practice management Who's most likely to leave your firm?

Tax

ThomsonReuters

JULY 10, 2025

These standards will reshape how firms approach engagement quality by implementing a more risk-based, system-focused (vs. Set to take effect, in part, on December 15, 2025, the new Quality Management Standards (QMS) provide guidelines that enhance the quality of services accounting firms deliver.

audit

Going Concern

JUNE 27, 2025

The watchdog found that audit teams in the Big Four firms — Deloitte, EY, KPMG and PwC — as well as BDO and Forvis Mazars were increasingly using this technology to perform risk assessments and obtain evidence. has plucked its new cloud finance chief from Oracle Corp., deepening a potential rivalry in the industry.

audit

Going Concern

JULY 10, 2025

The post Top Remote Tax and Accounting Candidates of the Week | July 10, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Reach out to her at liz@accountingfly.com.

Real Estate

Accounting Today

JULY 24, 2025

previously reported accounting errors and certain non-financial metrics, the company disclosed on Wednesday. "The The SEC sent a subpoena to CSX in October, asking the company to produce documents about accounting mistakes revealed in its prior quarterly financial statement. All rights reserved.

Account

Going Concern

NOVEMBER 4, 2024

Reports NL Times : The accountancy firm Ernst & Young (EY) is the latest accounting company to discover exam fraud. The fraud consisted of accountants sharing answers to mandatory tests, which is not allowed. EY expects the investigation to be complete in 2025 but admitted that it has taken longer than expected.

Account

Withum

MARCH 18, 2025

Doug Pallotta , CPA and Partner in Charge of the San Francisco office Annis significant contributions to the accounting industry include financial statement audits, revenue recognition, business combinations, complex financial instruments, and stock-based compensation.

CPA

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. For the second year in a row, New York-based accounting firm PKF O’Connor Davies took the #1 spot on Vault’s Best Overall Internships list.

accounting and finance

Going Concern

JULY 24, 2025

The post Top Remote Tax and Accounting Candidates of the Week | July 24, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Reach out to her at liz@accountingfly.com.

Real Estate

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. Graduate undergrad.

Account

Accounting Today

JULY 7, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email AI agents are rightly tipped as the next big stage in artificial intelligence, set to transform several industries, especially accounting. In finance and accounting, accuracy and accountability are paramount. © 2025 Arizent. All rights reserved. All rights reserved.

Technology

Accounting Today

JUNE 9, 2025

There may be a lawsuit filed or theres a lawsuit going on and we dont know if were going to win, but if we dont win, we anticipate we might have to pay X amount of dollars, which will have an impact and on the financial statements, and it has to be reported in the financial statements if you know about it Dan Hood (23:10): Actually.

Washington

Accounting Today

JULY 30, 2025

Accounting Payroll ADP Employment data MORE FROM ACCOUNTING TODAY Tax Corporate AMT proposed regs revised The IRSs Notice 2025-28 will affect applicable corporations with financial statement income attributable to investments in partnerships. All rights reserved. year-over-year.

Technology

CPA Practice

NOVEMBER 25, 2024

Scott to a five-year term on the Governmental Accounting Standards Board (GASB). His term begins July 1, 2025, and extends through June 30, 2030. Prior to joining the city of Brookfield, he served in similar financial management positions for Milwaukee Area Technical College and the cities of Franklin and Cedarburg, Wisconsin.

Wisconsin

Going Concern

DECEMBER 9, 2024

Accounting errors force US companies to pull statements in record numbers, writes FT : The number of US companies forced to withdraw financial statements because of accounting errors has surged to a nine-year high, raising questions about why mistakes are going unnoticed by auditors.

Account

Accounting Today

JULY 3, 2025

Users can parse, extract and classify data from diverse file types, including contracts, images, free text, invoices, financial statements, legal forms and more with accuracy, with the AI handling variations in layout, language and handwriting. © 2025 Arizent. All rights reserved. All rights reserved. All rights reserved.

Technology

Going Concern

APRIL 9, 2025

said Mark Ludwig, head of national trade advisory services at RSM, the largest US accounting firm outside the Big Four. pic.twitter.com/yqM1Gvy45S — Hudson Labs (@HudsonLabs) April 8, 2025 AP is maintaining a timeline of Trump’s tariff actions, posted here by PBS.

accounting and finance

Going Concern

MAY 15, 2025

Don’t hesitate to reach out to liz@accountingfly.com The post Top Remote Tax and Accounting Candidates of the Week | May 15, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly.

Real Estate

Accounting Today

JULY 30, 2025

Accounting Payroll Paychex Small business Employment data MORE FROM ACCOUNTING TODAY Tax Corporate AMT proposed regs revised The IRSs Notice 2025-28 will affect applicable corporations with financial statement income attributable to investments in partnerships. All rights reserved.

Technology

Going Concern

JULY 25, 2025

In a statement, the FRC said it has “commenced an investigation in relation to the statutory audits conducted by Deloitte of the financial statements of Glencore and Glencore Energy UK for the financial years ended 31 December 2013 to 31 December 2020”. appeared first on Going Concern.

Gambling

Going Concern

FEBRUARY 13, 2025

The post Top Remote Accountants of the Week | February 13, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.

Account

Basis 365

DECEMBER 9, 2024

As 2025 approaches, preparing your business budget should be a top priority. A well-crafted budget is more than just a financial planits a roadmap for navigating the fiscal year. However, effective budgeting starts with a strong foundation of accurate financial data. Why Start Budgeting for 2025?

Account

Withum

MARCH 22, 2022

The SEC will require registrants to disclose certain climate-related information, including information about climate-related risks that are reasonably likely to have material impacts on the business or consolidated financial statements and Greenhouse Gas (GHG) emissions metrics, which could help investors assess those risks. .

financial statements

CPA Practice

SEPTEMBER 7, 2023

I think we heard overwhelmingly from investors that allocate capital based on the use of financial statements that this will provide them better information to make their decisions.” The accounting rules will be mandatory for all companies—public and private—for fiscal years beginning after Dec.

accounting standards

Going Concern

MAY 8, 2025

Don’t hesitate to reach out to liz@accountingfly.com The post Top Remote Tax and Accounting Candidates of the Week | May 8, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly.

Real Estate

Going Concern

MARCH 15, 2024

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

auditor

Going Concern

SEPTEMBER 27, 2024

Providing the capital necessary to fund the retirement plans of the profession’s baby boomer and Gen X partners has been a major reason that accounting firms are turning to private equity — but that in itself will bring structural changes that make it easier to hold all members of the partner group accountable.

audit

CPA Practice

DECEMBER 11, 2023

Source: [link] Enhanced Financial Reporting and Auditing : AI will improve financial reporting and auditing processes. AI-powered algorithms will analyze large datasets and identify anomalies and potential risks more precisely, leading to more accurate and reliable financial statements. Predictions 3-10 are “By 2024.”

Technology

Going Concern

MAY 26, 2023

Instead, it has become a magnet for fraud, creating a cottage industry of firms that market themselves as tax credit specialists who can help clients — even those who don’t actually qualify for the money — reap huge refunds from the I.R.S. Marcum had audited Riot’s consolidated financial statements for the fiscal years between 2018 and 2022.

public accounting

Menzies

JUNE 5, 2024

Menzies LLP - A leading chartered accountancy firm. LATEST UPDATE Groups within the scope of Pillar 2 in the UK will need to register with HMRC within 6 months of the Group’s first accounting period starting on or after 31 December 2023. WHAT IS PILLAR 2?

Finance

Basis 365

JANUARY 6, 2025

Transitioning to outsourced accounting services in January can be a game-changer for businesses looking to better manage their budgets, streamline financial operations, and gain a clear view of their financial standing. By choosing the right outsourced accounting services this January, you set the tone for the entire year.

Account

Going Concern

MAY 24, 2024

PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande and some clients reconsider their relationship with the accounting firm. The DDB is considered first-wave AI by the GAO due to it having “ expert knowledge encoded into a computer system.”

audit