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State CPA Society News & Updates – Dec. 2023

CPA Practice

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The West Virginia Society of Certified Public Accountants (WVSCPA) is offering an Introduction to Crypto Currency and Tax Planning. investments and U.S.

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Monday Morning Accounting News Brief: Accounting Firms Ditch Zoom Interviews; Mississippi’s Best CPA Exam Candidates | 8.28.23

Going Concern

Two Mississippi State University grads were recognized for getting the highest CPA exam scores in their state : Karis Pannel, of Tupleo’s Byrne Zizzi CPAs, received the MSCPA’s Fred T. We are very proud of Karis and Gelsey and their performance on the CPA exam,” said MSU College of Business Dean Scott Grawe. Dead silence.

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Seize the Opportunity Around California and the SEC’s New Carbon Reporting Requirements

Cherry Bekaert

Timeline for Compliance: Prepare for Reporting on 2025 Activities in 2026 Impacted companies will need to begin reporting in January 2026. Although that may seem a long way off, planning and preparation should begin now. You’ll need to have your reporting systems in place so you can begin collecting emission data in 2025. “You

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Tuesday Morning Accounting News Brief: EY and PwC Get a New Scandal; Stop Trying to Make Sexy Accountants Happen | 1.16.24

Going Concern

Under new transparency rules implemented by CPAB in 2023, Borgers is the second American accounting firm to have its ban publicly disclosed by the audit watchdog. In January 2023, CPAB similarly censured Marcum LLP, a public accounting firm based in New York, when CPAB began to publicly disclose its enforcement actions.

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Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

Compliance requirements for SB 253 are as follows: Beginning in 2026 (for reporting year 2025), reporting entities are required to annually report their Scope 1 and Scope 2 greenhouse gas emissions. and professional services (CPA, consulting and wealth management firms). More guidance on this is forthcoming.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

Certified Public Accountants (CPAs) are the trusted providers of most companies for financial auditing and have been supporting the assurance of non-financial ESG and climate information for decades. Firstly, auditing has always been one of the cornerstone services of accounting firms.

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Friday Footnotes: The PCAOB-to-Practice Pipeline and Audit Quality; Ball Extension; Tim Ryan’s Replacement | 1.12.24

Going Concern

Dunckley’s decision to step down came as a surprise to many, as he was expected to remain in his role until the end of 2026. Jack Fisher, a certified public accountant (CPA) who began selling units in his abusive tax shelters at least as early as 2008, was sentenced to 25 years in prison.

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