Going Concern

FEBRUARY 9, 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. It also signals that most partners don’t want a top executive to shake up the firm.

Technology 102

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Going Concern

MAY 15, 2023

” 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? Is it time to reimagine how we prepare CPAs for an increasingly evolving profession?

Account 52

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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.

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Going Concern

NOVEMBER 4, 2022

Footnotes is a weekly wrap-up of all the news in and around the accounting profession, published every Friday at 5 p.m. I guess it was a big leap going from balloon animals into accountancy, said 51-year-old Stapleton. Hungary picks PwC partner to lead new anti-graft body overseeing EU funds [ Reuters ].

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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

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Going Concern

JANUARY 22, 2024

They made the intermediate accounting curriculum harder than it needed to be and used junior professors who weren't as experienced to make the class even harder. Paul-based Anton Group comes at a critical time for charter schools, which are contending with a shortage of firms capable of navigating their complex finances.

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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

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.

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Going Concern

JUNE 23, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Talent How Can the Accounting Profession Attract a Diverse Generation Z? [ Attracting and retaining these diverse young workers thus represents the next great challenge for firms.

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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 117

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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. Scott Johnson, Ph.D., Scott Johnson, Ph.D.,

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Going Concern

JANUARY 27, 2023

Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [ Financial Times ] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month.

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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.

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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. The Justice Department has accused Rikesh Thapa of defrauding his startup tech firm of more than $1 million in U.S. Something’s up.

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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.

Iowa 52

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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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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

APRIL 22, 2022

In honor of the one day a year we recognize the detrimental impact humans have on our home rock, we’re including a couple relevant links on performative environmentalism as it relates to the accounting industry and financial reporting below. This is an accounting firm, not a drive-thru. Thought tax season was over?

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Going Concern

MARCH 15, 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. Accounting giant renews lease in downtown S.F. —

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