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EY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps

Going Concern

EY subsequently assigned a different partner to perform the role of lead audit partner with respect to the audits and concluded that no changes to the previously issued financial statements for the applicable years are necessary. Get in there KPMG, now’s your chance.

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AICPA News – July 2025

CPA Practice

Rosen is a member of the AICPA Tax Section and is a past member of the AICPA Trust, Estate and Gift Technical Resource Panel and Tax Reform Resource Task Force and has more than 43 years of experience in public accounting, speaks locally and nationally on tax planning and related issues and has published more than 100 articles.

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Navigating the new quality management standards: What your firm needs to know 

ThomsonReuters

Use the new quality management standards as an opportunity The world of professional accounting and auditing continues to evolve as the profession seeks greater transparency, accountability, and quality. These standards will reshape how firms approach engagement quality by implementing a more risk-based, system-focused (vs.

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New GASB Members Named

CPA Practice

With over 35 years of professional experience auditing, reviewing, and preparing local government financial statements, he brings both a technical and practical understanding of the role accounting plays in advancing transparency and accountability in government.” Suzanne Lowensohn to the role of vice chair for the GASAC.

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SEC Alert: Enhancement and Standardization of Climate-Related Disclosures for Investors

Withum

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. .

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Friday Footnotes: BDO Blows It; PwC Blazes a Trail in New Audit Fines; Using AI For Tax Research | 8.16.24

Going Concern

Those are some of the many careers available to a certified public accountant (CPA). Unfortunately, however, interest in the accounting profession is waning. We need to come together as public accounting firms, public and private companies, industry associations and CPA societies to sell a career in accounting differently.

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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24

Going Concern

. — but for less than three years [ San Francisco Chronicle ] Accounting giant KPMG has renewed its lease at its longtime San Francisco office building after considering other locations. through September 2026, a spokesperson confirmed. The New York-based company extended its 125,000-square-foot lease at 55 Second St. in that time.