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Monday Morning Accounting News Brief: Semper Fi-nancial; EY Gets a D in Auditing; Deepfake CFOs Are a Thing | 2.26.24

Going Concern

Marine Corps passed a full financial audit for the first time, with the service announcing Friday its fiscal 2023 financial audit received an “unmodified audit opinion” after a rigorous two-year review. The US audit watchdog also inspected four EY Canada audits in 2020 and found deficiencies in half the engagements.

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Friday Footnotes: Big 4 Culture Gets Slammed Again; Audit Leads the Way in AI; Small Firm Gripes | 11.10.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. “Financial reporting leaders, but also investors, regulators, and other stakeholders in the capital markets expect AI to drive audit quality. .

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Eide Bailly and Apple Growth Partners to Join Forces Next Month

CPA Practice

One hundred and twenty-five staff and 24 partners from top 300 accounting firm Apple Growth Partners will join Fargo, ND-based Eide Bailly on June 24, expanding the top 20 firm’s footprint across the Great Lakes region. We could tell immediately that both firms really meant what we said and would be a great fit.”

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Monday Morning Accounting News Brief: PwC Didn’t Screw Up the Oscars; Deloitte India Doubles in Size; ‘Sham Audits’ | 3.13.23

Going Concern

EY’s US boss Julie Boland blindsided the global leadership when she announced in a webcast to US partners on Wednesday that the plan would be put on “pause” to resolve an international row over how much of the tax practice would stay with EY’s core audit business. Boland was not talking off the cuff, people at the firm said.

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ATA CPAs + Advisors Merges in Memphis Firm Whitehorn Tankersley & Davis

CPA Practice

Top 200 accounting firm ATA CPAs + Advisors has expanded its presence in western Tennessee after combining with Memphis-based Whitehorn Tankersley & Davis PLLC on Jan. With this merger, ATA now has 240 employees and 16 locations across four states—Tennessee, Arkansas, Kentucky, and Mississippi.

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Friday Footnotes: RSM Layoffs; The Leader Who Cried On His First Day; Advisory Pays Better (Duh) | 5.5.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Nearly all firms in the survey raised fees.

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Friday Footnotes: Accountants Are Into AI; KPMG Atlanta MP on ICE T; 150 Hour Inequity | 8.18.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. In total, the audit reportedly suggested that 20th Century underpaid TSG “by at least $40 million.” The accounting firm said it will challenge the finding. “We

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