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Monday Morning Accounting News Brief: Big 4 Better Be Ready to Get Regulated Hard; A Firm Playing Hot Potato With a Data Breach | 5.6.24

Going Concern

Borgers with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January 2021 through June 2023. Last weekend’s weekend discussion: It’s Mental Health Awareness Month. We’re aware.

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Friday Footnotes: Firms Get a Jump on Hiring; RTO Firms Outsourcing ?; BDO Settles 401(k) Suit | 12.22.23

Going Concern

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. One key reason: PwC is trying to compete for top talent amid a dwindling number of accounting majors. Tips are still welcome , nay, encouraged , and we’ll be monitoring the tipline. and Mexico.

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eSports Industry Trends

Withum

Among the most dramatic has been in the eSports and online gaming arenas which boasted a market value, for the first time in its short history, of over $1 billion at the end of 2020 and is expected to double to just over $2.1 For more information on this topic, please contact a member of Withum’s Sports and Entertainment Services Team.

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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24

Going Concern

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. Accounting giant renews lease in downtown S.F. —

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Taking Aggressive Tax Positions in Light of the Expected IRS Hiring Binge

Withum

Before this new funding, taxpayers of all stripes and income brackets enjoyed a period of very low audit rates due to the IRS’s shrinking workforce, which further exacerbated the audit statistics. As a result, the chances of getting audited became about the same as the odds of winning the Power Ball lottery.

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Accounting Firm Names: 1000+ Ideas for Modern Firms

Ryan Lazanis

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Choosing an accounting firm name is all about branding and how you want the outside world to perceive you. Future-Proof: Remain meaningful and relevant as your accounting firm grows.

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Friday Footnotes: Tim Ryan Is Leaving PwC; Ditch the Deloitte Polo; KPMG Gung-Ho on RTO? | 10.13.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. It will not meet CPAB’s target for an audit firm to have significant findings in less than 10 per cent of its 2023 examined audits. The same firm also failed to meet the target in 2022.

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