Going Concern

SEPTEMBER 20, 2023

While starting salaries might appear modest compared to public accounting, the overall compensation package in government roles, when including benefits like health insurance, pension, and generous leave policies (that aren’t disguised as unlimited) are quite attractive. But in the halls of government auditing, the CPA is not all that common.

Government 124

Government audit CPA auditor 124

ThomsonReuters

DECEMBER 9, 2020

This year more than ever, auditors will have to be conscious of the possibility and adjust their audit procedures and fraud inquiries accordingly. The period in which revenue is recorded, for instance, is something auditors will have to pay special attention. It also means that fraud risk is increasing. Fraud risk goes up a lot.

audit 83

audit auditor Maryland cpas 83

Going Concern

DECEMBER 5, 2022

Cohen and Company, CPAs of Rockville, Maryland, merged into Marcum effective December 1, adding to Marcum’s presence in the Mid-Atlantic. They assume since management is doing the internal control evaluation themselves, the auditor opinion does not matter. Gen Z is ruining the public accounting meat grinder.

Account 52

Account accountant accounted audit 52

Going Concern

APRIL 6, 2022

With the ongoing Great Resignation across all industries and the critical pipeline problem contributing to a shortage of accountants , the profession is in a bit of trouble. Let’s start with the salary guide to beat all salary guides: the 2022 Accounting & Finance Salary Guide from Robert Half. Senior tax accountant: 1.4%.

accountant salary 72

accountant salary Account accountant accounted 72

Going Concern

JUNE 9, 2023

A March report by the New South Wales Auditor-General [ PDF ] breaks everything down by the numbers and is mentioned here because the PwC tax scandal went down on their side of the world. KPMG led the pack at $72 million , EY $70 million, PwC $57 million, and Deloitte $42 million.

Government 52

Government Maryland auditor accounting and finance 52

Going Concern

OCTOBER 6, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. At one point, Trump attorney Clifford Robert asked Bender to speak into the microphone and the accountant replied: “I am as close as I can be without kissing it.” Within weeks of Maximus’ Sept.

Maryland 109

Maryland audit accounting and finance accounting firms 109

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.

tax preparation 98

tax preparation CPA payroll tax Illinois 98