Going Concern

SEPTEMBER 9, 2022

PLUS: KPMG is accused in a lawsuit of “appalling” audit work that allowed a U.S.-listed listed Chinese biotechnology company to carry out a “brazen” $400 million accounting fraud. Ex-Hillandale Farms accountant admits to $6.8 KPMG sued for $830mn over ‘appalling’ Chinese audit [ Financial Times ]. VP died in 2019.

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CPA Practice

OCTOBER 18, 2023

Are you going to be starting a new job at a public accounting firm in Chicago, Philadelphia, Dallas, Phoenix, or Portland, OR? Starting salaries in public accounting next year are projected to range between 5% lower and 33% higher than the national averages in these 10 cities as well as five others that are among the largest in the U.S.

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Going Concern

APRIL 24, 2023

Here are a few stories to whet your appetite for what promises to be a thrilling week in accounting ahead (obligatory /s). The study found that audit firms “are significantly more likely to remove” a partner from a continuing engagement when the partner issued an adverse internal control opinion in the previous year.

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CPA Practice

DECEMBER 12, 2023

Top 200 accounting firm REDW Advisors and CPAs added Salem, OR-based tax and accounting firm Grove, Mueller & Swank P.C. As part of the merger, REDW gains its first office in the Pacific Northwest, adding to its existing locations in Phoenix, Oklahoma City, and Albuquerque, NM. Terms of the deal were not disclosed.

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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.

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CPA Practice

JUNE 1, 2023

AICPA News is a round-up of recent announcements from the American Institute of CPAs. The coalition includes the following organizations: AICPA Latino Tax Pros National Association of Black Accountants, Inc. This award is granted to CPA candidates who obtain a cumulative average score above 95.50

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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. There’s certainly been a lot of interest and activity in the accounting space by private equity.”

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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.

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