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. Mr. Day will begin his new duties at the FASB this July. Louis, Missouri.

Minnesota 95

Minnesota cpas audit CPA 95

Going Concern

JANUARY 29, 2024

Accounting Ranks First In Something Good For Once More 2. NYSSCPA CEO Calvin Harris, CPA said in a column for CPA Journal : But the winds of change have long been upon us. This is part of why New York Governor Kathy Hochul’s recent signing of “non-CPA ownership” into law is such a big deal. Why the Question?

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auditor cpa firm Account accountant 52

Going Concern

MARCH 11, 2024

We’ll be doing an article shortly, in the meantime here are some quotes from INSIDE Public Accounting : Bob Cedergren, MNCPA board chair added, “I can tell you from my own experience, through conversations with colleagues throughout the country and the members of the MNCPA, that we have a significant shortage of CPAs.

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audit Minnesota Account accountant 62

Going Concern

FEBRUARY 3, 2023

An email sent on Thursday to retired partners of the Big Four accounting firm, seen by the Financial Times, said US executives were considering a request to boost pension payouts or hand the retirees shares in the new consulting business. Grant Thornton were auditors until McCann became Ergo’s chairman in 2015.

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Going Concern

SEPTEMBER 29, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. CPA Exam Friendly reminder, deadlines to apply for BEC before the new exam in 2024 are quickly approaching. What CPAs can learn from Smucker’s [ Accounting Today Voices ] J.M.

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auditor audit New York CPA 102

Going Concern

MAY 26, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Have a safe Memorial Day. million over a decade.

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public accounting Account accountant accounted 87

Going Concern

MAY 15, 2023

Virginia Society of CPAs is tackling the question “ is 150 too many? ” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a barrier to becoming a CPA?

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Account accountant accounted cpas 52

Going Concern

NOVEMBER 25, 2022

FRC to fine Deloitte £440k over 2018 audit [ Accountancy Today ]. According to the FRC, it found serious failings in the reviewed audit, which demonstrated a “significant departure from the standards expected of a registered auditor”. KPMG Australia appoints first-ever head of metaverse future [ Accounting Today ].

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audit Account accountant accounted 92

Going Concern

MARCH 8, 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. District Court for the Southern District of New York said.

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audit auditor New York Legal 77

Going Concern

FEBRUARY 23, 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. Accountingfly has a ton of talented professionals ready to get onboarded right away.

CPA 99

CPA Illinois auditor Iowa 99

Going Concern

JULY 7, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting is the language of business: If you understand this language, you can work creatively across the world of finance.

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audit Account accountant accounted 98

Going Concern

JANUARY 26, 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. But federal monitoring is making a comeback under new leadership. KPMG’s U.S.

Account 116

Account accountant accounted audit 116

Going Concern

JULY 10, 2023

New to Crain’s top 25 is New York-based KPMG. Other leading accounting firms such as New York-based Deloitte and Ernst & Young also reported upticks in their Chicago headcounts. The post Monday Morning Accounting News Brief: Deloitte Goes Big in Boston; Advisory Readies For Pain | 7.10.23

Account 84

Account accountant accounted CPA 84

Going Concern

NOVEMBER 11, 2022

note: if you like accounting news, which you clearly do because you are reading this, we encourage you to sign up for our newsletter for even more accounting news. There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ].

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Going Concern

APRIL 5, 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. Education School of Accounting will honor alums at Wilton T. Foreshadowing maybe.

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auditor audit Oklahoma CPA 84

Going Concern

OCTOBER 9, 2023

A key focus of this survey is to understand why a growing number of accounting students and young professionals in accounting and finance careers don’t finish the CPA exam or elect to never take it at all. A three-judge panel of the New York-based 2nd U.S. Who says accounting doesn’t pay??

Account 67

Account accountant accounted Iowa 67

Going Concern

JANUARY 13, 2023

A group representing minority shareholders on Friday filed a complaint with Brazil’s securities regulator against Americanas SA after the retailer uncovered “accounting inconsistencies” totaling 20 billion reais ($3.89 Trump’s Company Gets Maximum Punishment for Evading Taxes [ New York Times ].

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audit Account accountant accounted 101

Going Concern

DECEMBER 9, 2022

The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto. BDO Ireland creates 100 jobs as it moves to new office in Dublin [ RTÉ ]. Check out these remote accounting jobs at Accountingfly.

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CPA Florida auditor audit 88

Going Concern

AUGUST 18, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Law & Order ‘Avatar: The Way of Water’ financier accuses Disney of self-dealing in new lawsuit [ Los Angeles Times ] Walt Disney Co. is facing labor agitation on two fronts.

Account 89

Account accountant accounted accounting and finance 89

Going Concern

APRIL 8, 2022

CPA firms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPA firms who are ethnically diverse. in 2018 to 34.7%

Iowa 52

Iowa auditor cpa firm CPA 52

CPA Practice

FEBRUARY 28, 2023

The American Institute of CPAs (AICPA) and CPA.com announced its 2023 Startup Accelerator cohort at a kick-off meeting held at AICPA headquarters in New York. This year’s participants include five early-stage companies pursuing a variety of solutions in audit, accounting, tax and e-commerce.

E-commerce 52

E-commerce Technology Texas cpa firm 52

Going Concern

DECEMBER 5, 2022

In an article for CoinDesk , Francine McKenna took a crack at why the FTX debacle happened, and like she always does when there ’s really bad accounting at a company going through a financial crisis, who are/were the auditors: It’s not clear why FTX commissioned two different audit firms to audit its 2020 and 2021 financial statements.

audit 52

audit auditor financial statements public accounting 52

Going Concern

OCTOBER 1, 2022

Partners at Deloitte in the UK and Switzerland will receive an average income of more than £1m each for the second year in a row, after the accountancy firm enjoyed another successful year. KPMG junior in Carillion forgery case should have questioned orders, tribunal says [ Financial News ]. Firm Watch.

Non-Profits 96

Non-Profits audit auditor public accounting 96

Going Concern

JULY 28, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. News Obituary of Jerome A. According to his family, he originally had planned to become a chemical engineer but changed to accounting because of ongoing prejudice against Jews.

Gambling 87

Gambling audit Technology accounting firms 87

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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audit accounting and finance Virginia auditor 89

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

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Going Concern

DECEMBER 23, 2022

We will be out of office next week but have scheduled some things to run while we’re gone for those individuals who are severely addicted to accounting shitposts and simply cannot go without. Brits hoping for a new-year salary bump to offset soaring food and energy costs may be disappointed. Current rules don’t require this.

Tax 86

Tax auditor audit tax return 86

Going Concern

MARCH 4, 2022

Pandemic has exacerbated tax-season anxiety, accountant says [ Global News ] No s**t? Meanwhile on Twitter, our friend Sam Antar is still roasting the KPMG auditors (well, technically Peat Marwick) who let the Crazy Eddie fraud slip through their horny little fingers: Two hookers and an auditor.

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audit Kansas auditor bookkeeping jobs 69

Going Concern

JANUARY 6, 2023

So customers have filed more than a half-dozen proposed class actions against the NFL’s Tom Brady, accounting firm Prager Metis and Bankman-Fried as an individual, among others. 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. Employers added 223K jobs in December, but cut 1,100 in accounting [ Accounting Today ].

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cpa firm CPA New Hampshire Ohio 52

Going Concern

MAY 6, 2022

Mesa grandma, 25-year-old accountant share love of Phoenix Suns [ Arizona’s Family ] JoAnne Ralph and Ben Barchilon have a special bond, and it all started with their love of the Phoenix Suns. The authors posit that one significant factor driving the gender gap in the accounting profession originates with the Uniform CPA Examination.

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auditor audit CPA Real Estate 52

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline. Scott Johnson, Ph.D., Scott Johnson, Ph.D.,

Government 82

Government Gambling audit CPA 82