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Research: Seniors Give Better Review Comments If They Think the Staff Will Stick Around

Going Concern

The paper “ Coaching Today’s Auditors: What Causes Reviewers to Adopt a More Developmental Approach? ” was published in Volume 112 of the journal Accounting, Organizations and Society and authored by Lindsay M. Schaefer (University of Missouri – Kansas City).

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Accounting Expertise In C-Suite Can Compromise Financial Reports

PYMNTS

It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports. ” Below, PYMNTS breaks down some of the key data points from the research.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

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. Louis, Missouri. Day to the role of director of technical activities. Talent Hey, you!

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Top accounting issues in 2023

ThomsonReuters

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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Professionals on the Move – Dec. 2023

CPA Practice

Nationally Ranked Accounting Firm Welcomes New Forensic and Litigation Principal Windham Brannon , an INSIDE Public Accounting Top 200 Firm, recently welcomed Kevin Bennett as a Principal for the firm’s Forensic and Litigation Services practice in October 2023. Johnny Welborn, Texas Tracy Willard, Maine Christophe Wilson, N.C.

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

115,000 worth of fraudulent payments were reportedly made by former leaders of a small town in Missouri , the New York Times recently reported. The individual, who pleaded guilty to one count of wire fraud, was accused of abusing his position as an accounts payable clerk within the company’s accounting department.

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Sales tax processes – beyond software’s promises

TaxConnex

In Missouri, for instance, one of the latest states to enact economic nexus, $100,000 in sales into the state in a year ignites economic nexus and your obligation to collect Missouri sales tax from customers and remit it to the state. Do you sell enough into a given state – and states’ rules all differ – to have economic nexus?

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