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Monday Morning Accounting News Brief: PwC Canada Admits to Layoffs; Why Audit? | 11.27.23

Going Concern

Also LOL: Canadian Accountant has their own article on the layoffs : Anxiety over potential layoffs began building earlier this month when some PwC employees received meeting requests (“Important Business Update”) with “relationship leaders” (RLs). Every year over five million workers mistakenly pay too much income tax to HMRC.

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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

During this two-year audit, the Marine Corps had independent third-party auditors from Ernst and Young vet the value of all its assets listed on financial statements. The PCAOB inspected four EY Canada audits — three in which the firm was the principal auditor — and found deficiencies in two (50% with Part I.A deficiencies).

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How to comply with the complexities of interim tax reporting

ThomsonReuters

By ensuring that interim tax provisions are properly recorded and reported, companies can enhance the credibility and transparency of their financial information. It is the company’s expected income tax expense for the year divided by expected pretax income for the year.

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Tax Provision Services (ASC 740)

Cherry Bekaert

Offering Simple Solutions to Complex Requirements Growing businesses are challenged when complying with financial statement tax reporting requirements. At Cherry Bekaert, we tailor our solution to your unique situation in order to best support your finance team.

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Accounting Jokes, Videos, Puns and Humor

AdviceForTaxpreparers

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Accounting Jokes, Videos, Puns and Humor. If you are going to be an accountant then you have to be able to laugh at yourself. Accounting and CPA Puns. Short Accounting and CPA Jokes. Famous Accounting Quotes.

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Defending IRS Cash Based Audits – Guilty Until Proven Innocent: The Case for Using a Forensic Accountant

Withum

Why a Forensic Accountant? Using a forensic account is essential in developing a strategy to handle and defend the findings of a cash-based audit. However, before delving into how they can assist counsel and the client, it’s essential to define what a forensic accountant is.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

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. company, in a process riddled with conflicts of interest. AI Is your firm keeping pace?

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