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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. 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 108
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GE Accused Of $38B Accounting Fraud

PYMNTS

General Electric has been targeted in accusations of massive accounting fraud by the whistleblower that called out Bernard Madoff’s Ponzi scheme, reports in CNBC said on Thursday (Aug. In 2015, BMO Financial Group acquired GE Capital’s transportation finance unit, and Capital One acquired its healthcare finance operations.

Account 50
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Spear-Phishing fraud: are you protecting your business from internet attacks?

Menzies

Menzies LLP - A leading chartered accountancy firm. Gavin Cunningham – Forensics Partner The fastest growing fraud risk for business today is remote attack. More about Menzies Forensic accounting services. For more information on the above please contact a member of the Menzies Forensic Accounting team.