PYMNTS

MARCH 16, 2018

Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By

Account 53

Account accountant accounted accounts payable 53

PYMNTS

NOVEMBER 26, 2018

It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports.

auditor 51

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PYMNTS

MAY 21, 2018

have been chosen to lead the inquiry into the nation’s accounting watchdog and assess whether the body is effective at identifying and preventing accounting issues. Reports said no current executives from the so-called Big Four accountancy firms — PwC , Deloitte , EY and KPMG — are in the group.

Account 40

Account accountant accounted audit 40

ThomsonReuters

FEBRUARY 9, 2024

Societal concerns: The act underscores broader societal concerns about income inequality and corporate accountability, urging tax firms to engage in discussions aligned with financial goals and ethical responsibilities.

Tax 110

Tax tax return Technology income tax 110

Going Concern

OCTOBER 21, 2022

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. Accounting Firm Mergers. Understaffed?

audit 77

audit CPA accounting firms accounting and finance 77

Going Concern

SEPTEMBER 22, 2023

As leader of the Division of Finance, Miller oversees the university’s accounting and financial reporting, procurement and surplus property, budget and financial planning, capital budgeting, financial management, debt and cash management, financial information technology, risk management, and university bursar functions.

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PYMNTS

DECEMBER 27, 2019

’s so-called Big Four accounting giants — PwC, Deloitte, KPMG and EY — have reportedly set aside more than $212 million in preparation for potential fines ahead as auditing scrutiny grows. Reports in the Financial Times said the U.K.

auditor 52

auditor Account accountant accounted 52

PYMNTS

AUGUST 1, 2018

A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. The survey found that only 33 percent of sole practitioners and 26 percent of small accounting firms have updated their tax software in the last five years.

Technology 40

Technology Account accountant accounted 40

CPA Practice

JANUARY 17, 2024

CPAClub has launched new solutions designed to transform the landscape of accounting, advisory, audit and assurance services for private and public companies. Innovative Solutions for Modern Challenges Corporate accounting and internal audit departments are navigating an increasingly complex and high-pressure business environment.

CPA 40

CPA cpa firm audit auditor 40

RitaKeller

JANUARY 17, 2022

Usually, they get the message and move on to work in corporate accounting leaving a significant void in the firm. Historically, firms have even said, “We are a CPA firm, we need CPAs.” Firms need to change. One firm has taken a step to solve this problem. ” Yes, that is true.

cpas 49

cpas cpa firm CPA corporate accounting 49

Going Concern

MARCH 22, 2024

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. Look no further, Accountingfly’s top remote accounting candidates of the week are here.

Minnesota 99

Minnesota cpas audit CPA 99

PYMNTS

NOVEMBER 5, 2018

s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. s auditing market as some policymakers have called on the government to break up the nation’s Big Four accounting firms.

corporate accounting 51

corporate accounting Construction Government audit 51

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

cpas 60

cpas CPA Technology accounting standards 60

PYMNTS

FEBRUARY 24, 2017

Australia-based corporate accounting firm MYOB reached a deal to acquire corporate payments company Paycorp, reports said Thursday (Feb. MYOB will buy up the company for just over $37 million, the firms revealed, and the merger is expected to be completed by April 1 of this year.

corporate accounting 40

corporate accounting accounting firms Account accountant 40

PYMNTS

DECEMBER 17, 2018

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. Only 6 percent of respondents said they aren’t using digital payments to pay their corporate clients’ bills. In an announcement on Thursday (Dec. In an announcement on Thursday (Dec.

B2B 63

B2B accounts payable accounting firms Account 63

PYMNTS

NOVEMBER 13, 2018

Parliament will commence an inquiry into the nation’s corporate auditing market, which is currently dominated by the Big Four accounting firms Deloitte, PwC, EY and KPMG, adding new pressure on an industry already being probed by other policymakers. Reports in Reuters on Sunday (November 11) said the U.K.

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audit cma auditor Construction 49

PYMNTS

JUNE 18, 2019

Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. government’s Public Company Accounting Oversight Board. .” government’s Public Company Accounting Oversight Board. Both auditing firms deny any wrongdoing. In the U.K.,

audit 46

audit Government accounting firms Account 46

Snyder

MARCH 6, 2023

Our fast-paced world has transformed many jobs, but few seem to have changed as much as what accountants typically did even 20 years ago compared to today, next year, or the next decade. So, let’s look at the accountant roles of today and the current trends that influence what the roles of an accountant of tomorrow will entail.

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forensic accounting Account accountant accounted 52

PYMNTS

JANUARY 10, 2019

Now, analysts at the International Federation of Accountants (IFAC) are urging ERM to move beyond the c-suite. Professional accountants are well-positioned to better serve the organizations they work for by enabling effective enterprise risk management that identifies both risks and opportunities for the business,” the CEO noted.

Finance 74

Finance auditor accounting and finance corporate accounting 74

CPA Practice

APRIL 8, 2024

White, and Amanda Iacone, Bloomberg News (TNS) Donald Trump’s social-media company just became the most valuable publicly traded client of an accounting firm that has more experience auditing companies traded over-the-counter and has had a string of regulatory issues, including a 100% deficiency rate on audits reviewed by a U.S.

audit 111

audit accounting firms auditor Account 111

Going Concern

NOVEMBER 10, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Now’s the time so check out Accountingfly’s top remote accounting candidates of the week. Note: We’re skipping Footnotes next Friday to unveil a surprise.

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Going Concern

JANUARY 5, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

tax return 109

tax return Virginia accounting and finance audit 109