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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

We have further clarified that this responsibility provides the foundation for an objective and independent audit. We included additional clarification that an auditor’s professional skepticism extends to other information that is obtained to comply with PCAOB standards and rules. PCAOB Chair Erica Y.

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How the CPA, CMA and EA Credentials Have Become Global Designations

CPA Practice

The increased need for accountants and auditors is driven by factors such as globalization, an expanding economy, and a complicated tax and regulatory environment. In general, it is anticipated that the expansion of the accounting and auditing professions will be directly correlated with the state of the entire economy.

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