CPA Practice
FEBRUARY 9, 2023
AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews.
CPA Practice
MAY 21, 2024
In addition, some incoming associates at the Chicago-based firm posted on Reddit yesterday that their October start dates have now been delayed until January 2025, most likely due to Grant Thornton recently changing its fiscal year end from July 31 to Dec. It’s expected to be finalized in the second quarter of this year.
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CPA Practice
MAY 25, 2023
AuditClub, the Audit Service Center and creator of the auditors-as-a-service model, has announced new solutions to help accounting firms succeed in navigating and implementing the AICPA’s new quality management standards. AuditClub Compass gives firms a road map for the journey to audit quality compliance with the new standards.
Going Concern
MARCH 15, 2024
This was the brave part of the statement PwC boss Kevin Burrowes made on Wednesday as he announced another 366 partners and employees would be cut at the embattled firm to right-size the shrinking business. a company obtains milk from a dairy farm processor; the auditors audit the processor but not the dairy that supplies the milk).
Going Concern
MARCH 22, 2024
Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.
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. KPMG is believed to audit more US banks than any of the other big four accounting firms, for example.
Going Concern
AUGUST 4, 2023
Less than 1% of firms can find enough staff [ Accounting Today ] Relatively few CPA firms are able to find enough employees to fill their ranks and are resorting to strategies like hiring workers abroad, raising starting salaries, offering fully remote jobs, and hiring staff who haven’t graduated college, according to a new survey.
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