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Friday Footnotes: PwC Makes Things Harder For Firms in China; AICPA Fights Against New PCAOB Reporting Rule; Accounting < HR | 12.20.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. We believe accounting is among the most important and foundationaland might happen the fastest.

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Special Report: 2025 Readers’ Choice Awards

CPA Practice

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.

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On the move: RRBB adds partner

Accounting Today

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan. All rights reserved.

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In the blogs: Here to stay

Accounting Today

Tax Foundation ( [link] ): The Senate Finance Committees draft bill to address Tax Cuts and Jobs Act expirations and make other changes to the Tax Code, including ones to international taxation, promises a key feature of sound tax policy: permanence. When updating partner compensation systems at accounting firms, how to make real change.

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ACFE hosts fraud fighters

Accounting Today

She became the first woman to serve as Nigerias foreign affairs and finance minister, and during that time, she oversaw reforms to fight corruption in the country and help negotiate a multibillion-dollar write-off of Nigerias national debt, giving the country a much needed financial rebound. All rights reserved.

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Monday Morning Accounting News Brief: Oh Man, the Deloitte Hack Is Bad; Grant Thornton’s $2.31 Billion in Debt PE Deal | 12.16.24

Going Concern

Rather than making acquisitions, a key element of our growth strategy is to open offices where there are experienced talent pools and outstanding undergraduate and graduate accounting programs, said Vicken Haleblian, HCVTs CEO and managing partner. For example, a $50-million accounting firm might attract $100 million from a PE firm.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.