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Monday Morning Accounting News Brief: Semper Fi-nancial; EY Gets a D in Auditing; Deepfake CFOs Are a Thing | 2.26.24

Going Concern

Check out the last one LOL: During its inspection, EY Canada disclosed to the PCAOB a number of potential areas of non-compliance related to independence, particularly related to financial relationships. Some related to non-audit services (such as legal services) to the audit client. ” Pennsylvania Auditor General Timothy L.

audit 57
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2023 Changes for First Year Expensing of Business Property

Dent Moses

Qualifying property also consists of some types of improvements made to non-residential real estate, including roofs, HVAC, and qualified leasehold improvements. The remaining 20% is depreciated using normal tax depreciation methods based on the type and life of the asset. This becomes very important as you get close to year-end.

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Chancellor's Spring Budget 2023

Inform Accounting

Similar to the budgets, autumn statements and ‘non-budget’ statements of the last few years we knew most of the details in advance. What was hoped was that the chancellor was going to stop the planned corporation tax rise from 19% to 25% for businesses earning between £50k and £250k in profits. by the end of 2023.