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What Auditors Do

Withum

In two weeks, I will be teaching a graduate course on audit concepts and methods to accounting students at Fairleigh Dickinson University. However, my role is not just to teach the material but to excite them about accounting as a profession and auditing in particular and share my pride in the vital role auditors play in our ecosystem.

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Monday Morning Accounting News Brief: The Least Amount You’ll Make at Big 4; Carmine Gets a Sword Show | 4.22.24

Going Concern

To top it all, Stuart Gregory, a rising star in the UK firm, just warned the remaining partners that profits could fall by as much as 15 per cent this year. Thomson Reuters writes about the National Pipeline Advisory Group (NPAG), one of the AICPA’s multi-faceted initiatives to address the accounting talent crisis.

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New Approaches to Audits Gain Ground

CPA Practice

For many accounting firms this will mean increased opportunities, to sell not only M&A diligence services and financial statement audits, but broader services that allow for ongoing, regular reviews of financial data. As accounting firms begin 2023 they have one thing top of mind — how to effectively recruit and retain talent.

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Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations. More than the number, auditors are exiting big names, which used to be a rarity. I mean, those are questions that need to be asked,” he said.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

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. AI Is your firm keeping pace? company, in a process riddled with conflicts of interest.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

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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

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

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