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Audits Are a Joke and Here’s Why According to a Salty Old Industry Veteran

Going Concern

Industry OG and commentator Gene Marks has written an opinion piece for The Hill about what audits actually are that is less opinion and more brutal fact: Why you should be very skeptical of that auditor’s report. So they might catch a fine from the audit regulators. The devil’s in the details, people. I dunno, you guys.

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Preparing for Your First Audit – Steps to Follow for Consumer Products Companies

Withum

Although an independent financial statement audit may not gain the day-to-day attention of management the same way as growing revenue or projecting cash flows; for many, there will come a time when an audit becomes a vital part of the company’s lifecycle. When will audit fieldwork commence ?

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Top Remote Accountants of the Week | May 23, 2024

Going Concern

FTE Senior Tax and Accounting | Candidate ID #20455103 Certifications: CPA in progress Education: BA, Accounting & Business Administration Experience (years): 4+ years in public accounting Work experience (highlight): Staff Accountant at a CPA firm Full client care including accounting, bookkeeping, tax and audit In 2024 completed 100+ returns, (..)

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Top Remote Accountants of the Week | May 16, 2024

Going Concern

FTE Senior Accounting and Tax | Candidate ID #5311425 Certifications: CPA, QB ProAdvisor Education: BA Accounting, MS Accountancy Experience (years): 10+ years public accounting Work experience (detail): 2+ with national firm 10 years working with large C-Corp clients 5+ years with SMB and HNWIs tax prep and advisory 4 years with own practice with (..)

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Here Are Even More 2024 Accounting Salary Projections

Going Concern

To keep things simple, we’ll stick to the tax and audit roles. The most lucrative of these is being a CFO in Boston ($302,309 versus national average of $261,739). The worst is being a data entry specialist…anywhere.

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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

She’s spent more than two decades at AT&T, steadily working her way up to the C-suite from a role as an accounting manager. We have further clarified that this responsibility provides the foundation for an objective and independent audit. On June 4, Cherry Bekaert is holding a Employee Retention Credit updates webinar.

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Elevating Vendor Oversight: The Crucial Role of Performance Guarantees

Withum

For instance, a service provider handling claims processing assumes responsibility for various PGs, spanning account management, enrollment, claims processing, cost containment, and customer service. Audits often uncover significant discrepancies that may have otherwise gone unnoticed.

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