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Monday Morning Accounting News Brief: Big 4 Better Be Ready to Get Regulated Hard; A Firm Playing Hot Potato With a Data Breach | 5.6.24

Going Concern

While that’s going on, BerryDunn and their vendor Reliable Networks are playing hot potato with whose fault it is : BerryDunn, a prominent Portland accounting firm, says one of its vendors, Reliable Networks of Biddeford, got hacked. The notification followed an investigation by BerryDunn, according to the letter.

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Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

public-sector consulting business of Big Four accounting firm PricewaterhouseCoopers for an undisclosed price and rebranded it as Guidehouse. governance overhaul efforts, a bid to give partners there a greater voice in firm strategy, following the failed separation of its audit and advisory businesses earlier this year.

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Monday Morning Accounting News Brief: Pissed Off Wipfli Employee Got the Office Shut Down; New PwC Flight Rules | 12.11.23

Going Concern

PwC UK has new rules about flying business class, says FT : PwC told senior UK staff in October that only people travelling on long-haul night flights or those flying for “business-critical” reasons would be allowed to sit in business class, people familiar with the matter told the Financial Times.

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Monday Morning Accounting News Brief: Every Day Is Fools’ Day For Some Accounting Employers; McKinsey Now Paying People to Leave | 4.1.24

Going Concern

It’s Joy Merriner’s job as an independent auditor with the firm BDO to go through the city’s financial statements and make sure they are fair and accurate. who founded and runs the accounting technology community Realize.

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

Withum

In fact, a Center for Audit Quality (CAQ) analysis found that 90% of US companies that trusted their non-financial auditing to a publicly traded auditor used the same firm for their financial auditing. Future-looking information: Financial statements usually just look at the previous fiscal years’ balance sheets.

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Focusing on Sustainability for UK Hospitality & Leisure Businesses

Menzies

Menzies LLP - A leading chartered accountancy firm. CO2E Reporting Large entities are already required to report on their CO2 emissions within their financial statements. Communicating these goals: You should consider communicating them to stakeholders either on your website or in your financial statements (or both!)

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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

No doubt, as time goes on, AI will get better and more positions may be replaced by AI but do you, the accountant, have to worry about your job? Haven’t they been saying for at least ten years now that 95% of accountants will be replaced by 2030? We’re still going to have debits and credits, financial statements, and audits.

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