article thumbnail

Monday Morning Accounting News Brief: ‘Auditors Are Not Lawyers’; Big 4 Break Up? | 7.31.23

Going Concern

Former partner Wayne Plummer told PwC partners in December that the firm had made an in-principle agreement with the Tax Office to settle on a no-admissions basis in return for a 50 per cent reduction in penalties that totalled several hundred thousand dollars. Such suggestions are false.

auditor 97
article thumbnail

Top Remote Accountants of the Week | May 16, 2024

Going Concern

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Accountingfly can help!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

PCAOB Has Handed Out a Slew of Punishments to Audit Firms Recently

CPA Practice

The Public Company Accounting Oversight Board (PCAOB) has not been in a jovial mood lately. Shortly after criticizing audit firms for the number of errors they made on public company audits reviewed by PCAOB inspectors last year, the audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug. 8: KG Somani & Co.

audit 98
article thumbnail

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. Note: We’re skipping Footnotes next Friday to unveil a surprise. Footnotes will return as scheduled on November 24.

audit 109
article thumbnail

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.

article thumbnail

Jay Shepulski to Lead Private Equity Practice at Withum

Withum

Building off the substantial growth in financial services, including the SPAC sector, Withum, a top 25 advisory and accounting firm, announced the promotion of partner Jay Shepulski to the National Leader of its Private Equity Practice.

auditor 98
article thumbnail

Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting problems in Signal Mountain began in 2021 and increasingly got worse, he said. What was not done by the town had to be done by the accountants.

Tax 103