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Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

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.

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The Search for Talent in Firms

CPA Practice

“Since we are a relatively small firm with aggressive growth targets, there’s no room for quiet quitting. Accounting firm owners and accountants in the QuickBooks survey said the ability to work from home or create a flexible schedule is the most desirable job attribute when hiring, and 35% said it is among the top traits for retention.

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Monday Morning Accounting News Brief: PwC Picks a Global Chair; Guy Cusses Out KPMG | 10.30.23

Going Concern

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. Kande’s selection by PwC’s global board was revealed to the firm’s partners on Monday, according to people familiar with the internal message.

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Friday Footnotes: EY Can’t Hire Tech; John Doe Sues the PCAOB; Auditors Can’t Find Torpedoes and Missiles | 1.20.03

Going Concern

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves.

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Accounting Automation: The Definitive 2023 Guide

Ryan Lazanis

Some parts might need automation, but overall accounting jobs will still require a human being in order to properly do the task. elimination of manual accounting data entry and human error). The extracted financial data syncs with your cloud accounting software. 3) Payroll. Manual processes calculating the net pay.

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Monday Morning Accounting News Brief: PwC Is Turning Work Down?; TIL the President of Nigeria Worked at Deloitte | 9.11.23

Going Concern

Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now : Stephanie Heredia’s promotion came a year too late and more than a few dollars short. Simon Dolan made a lot of money from owning his own accounting firm.

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Future of Accounting: The 2022 Annual Guide

Ryan Lazanis

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future.

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