Going Concern

SEPTEMBER 15, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Happy National Leave Your Accountant the F**k Alone Day , everyone! The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, September 19, 2023, at 10:00 a.m.

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Going Concern

DECEMBER 9, 2022

Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant Matt Jacques, according to a Dec. Accounting, tax audit, and business advisory firm BDO is investing €5m in a new office as it creates 100 new jobs. 7 report from the Wall Street Journal.

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CPA Practice

APRIL 21, 2023

In the case of an external audit, having this information readily available and up-to-date saves both time and money instead of paying one or more people to trace records from months or even years prior. Even if no fraud was committed, the initial suspicion can linger, leaving a potential negative mark on an otherwise clean account.

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Going Concern

SEPTEMBER 16, 2022

Sayantani Ghose filed a complaint in Manhattan federal court on Wednesday claiming EY punished her for exhibiting “professional skepticism,” even after the accounting firm had paid tens of millions of dollars in fines and settlements over its auditors’ alleged misconduct in recent years. Accounting Firm M&A.

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Going Concern

JULY 21, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. News Battle accountancy firm urges others to offer opportunities to Ukrainian professionals after successful placement [ SussexWorld via Yahoo! Six new search filters, including Part I.A

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CPA Practice

MAY 18, 2023

Victoria Saravia Bazoberry (New York), a graduate of the University of Notre Dame with a Bachelor of Business Administration in accountancy, is employed with KPMG LLP in New York, NY. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role in advancing education within the profession.

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Going Concern

JUNE 24, 2022

FASB preps to revamp ‘outdated’ accounting for software [ CFO Dive ] “The models are outdated,” FASB member Gary Buesser said at the meeting, lending his support to the project and commending the staff for its work. In response to the issuance of Staff Accounting Bulletin No. In response to the issuance of Staff Accounting Bulletin No.

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CPA Practice

JUNE 1, 2023

AICPA & CIMA Now Offers New Learning Tools for Accounting Professionals The AICPA & CIMA recently announced the offering of anew online learning platform to help accounting and finance professionals improve and update their skills to take advantage of a digital accelerating business environment.

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inDinero Accounting

DECEMBER 5, 2023

The IRS defines a qualified trade or business as any field other than the following: Health Law Engineering Architecture Accounting Actuarial science Performing arts Consulting Athletics Financial services Brokerage services Farming Hotels Motels Restaurants Finally, businesses reliant on the reputation of an owner or employee, don’t qualify.

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Snyder

DECEMBER 6, 2022

While some states fell into a bucket of rolling conformity, meaning to adopt the most recent IRC as it became available, others – such as New Jersey, Mississippi, and Arkansas – decided to selectively pick and choose the provisions to adopt at the state level. Keep all the records accurate in case your forgiveness application gets audited.

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