Going Concern

DECEMBER 1, 2023

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. How Is Deloitte Making Accounting Accessible To Diverse Young Talent? Only 10.8%

cpas 106

cpas audit auditor CPA 106

Going Concern

FEBRUARY 12, 2024

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We

auditor 72

auditor Account accountant accounted 72

Going Concern

MAY 12, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

CPA 111

CPA Account accountant accounted 111

Going Concern

DECEMBER 9, 2022

Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant Matt Jacques, according to a Dec. The Justice Department has accused Rikesh Thapa of defrauding his startup tech firm of more than $1 million in U.S. Firm Watch. Something’s up.

CPA 88

CPA Florida auditor audit 88

Going Concern

JANUARY 29, 2024

Accounting Ranks First In Something Good For Once More 2. Grant Thornton Gets Downgraded to a Tier 2 Firm, That’s Probably a Good Thing 1. We are in the midst of a transformation, if not a revolution, whereby the role of an “accountant” is no longer confined to ledgers and balance sheets, but extends to realms previously unimagined.

auditor 52

auditor cpa firm Account accountant 52

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 Paul Munter Named Chief Accountant [ SEC ].

audit 103

audit Account accountant accounted 103

Going Concern

AUGUST 11, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Talent After a pandemic-era hiring binge, consulting firms are cutting back [ Crain’s Chicago Business ] There’s a paywall but you kids are internet savvy.

Account 86

Account accountant accounted Tennessee 86

Going Concern

JULY 5, 2023

This is the first time a company has been directly linked to the national scandal involving the “big four” accounting firm that was first revealed in January, they said. The Florida State Fire Marshal is investigating a suspicious fire at Orange Park CPA in the Jacksonville burbs.

auditor 52

auditor Tax Account accountant 52

Going Concern

JULY 1, 2022

Accountants are voted the best kissers in Britain ahead of doctors and nurses while civil servants, bankers and lawyers are rated as the worst [ Daily Mail ] Often ridiculed as boring beancounters, accountants have surprisingly been voted the best kissers – ahead of doctors, nurses and engineers. Enjoy the holiday weekend maybe? .”

Tax 59

Tax Account accountant accounted 59

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. Firm Watch. Rehmann merges in Vestal & Wiler [ Accounting Today ].

Non-Profits 96

Non-Profits audit auditor public accounting 96

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. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown.

Technology 88

Technology Colorado audit cpa firm 88

Going Concern

APRIL 6, 2022

With the ongoing Great Resignation across all industries and the critical pipeline problem contributing to a shortage of accountants , the profession is in a bit of trouble. Let’s start with the salary guide to beat all salary guides: the 2022 Accounting & Finance Salary Guide from Robert Half. Senior tax accountant: 1.4%.

accountant salary 55

accountant salary Account accountant accounted 55

Going Concern

SEPTEMBER 9, 2022

Although New York, Texas, and California dominated the number of jobs being offered for the roles analyzed, Florida was the only state to appear in the top five in each of the four positions reviewed. Accounting department has record year at annual Meet the Firms event [ St. Who says interest in accounting is down these days!

audit 89

audit chartered accountant auditor New York 89

Going Concern

MARCH 13, 2023

PwC is the accounting firm that tabulates the votes. Infamously, in 2017, a PwC accountant handed Warren Beaty and Faye Dunaway the wrong envelope, resulting in the “La La Land”/“Moonlight” best picture fiasco. A former Deloitte partner is suing Metropolitan Life Insurance Co.

audit 52

audit Account accountant accounted 52

PYMNTS

NOVEMBER 26, 2018

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.

auditor 51

auditor managerial accounting Account accountant 51

Going Concern

OCTOBER 6, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Relatable Consulting firms’ problems fuelled by pursuit of growth [ Australian Associated Press via Yahoo! .” Within weeks of Maximus’ Sept.

Maryland 93

Maryland audit accounting and finance accounting firms 93

Going Concern

AUGUST 4, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Practice How one small firm drastically cut its busy-season hours [ Journal of Accountancy podcast ] Johanna Sweaney Salt, CPA, CGMA, used to work 100 hours a week during busy season.

cpa firm 96

cpa firm CPA accounting firms accounting and finance 96

Going Concern

FEBRUARY 24, 2023

What’s at risk: A legal review of the proposed changes has been conducted by the National Association of State Boards of Accountancy (NASBA). As the member organization for all state boards of accountancy in the United States, NASBA spelled out key consequences for Minnesota licensees and firms.

Minnesota 97

Minnesota Illinois cpas CPA 97

Going Concern

MARCH 6, 2023

And in the UK, KPMG auditors got an email from the boss: No mid-year promotions for KPMG audit staff [ The Times ] KPMG has cancelled the now-regular round of mid-year promotions for its thousands of auditors. An accountant’s biggest weakness is caring too much, so they never raise their rates. Have a great week!

auditor 17

auditor Account accountant accounted 17

Anders CPA

DECEMBER 7, 2023

In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton and guest co-host John Scott , Virtual CFO and legal industry leader, are joined by Terrell Turner , CEO of the TLTurner Group, to discuss the importance for non-finance professionals to understand financial metrics, specifically law firms.

Finance 52

Finance accounting and finance Start-ups Non-Profits 52