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Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

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. Talent Attn accounting employers: your talent woes are over!

Florida 98
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Lovesac to Pay SEC $1.5 Million to Settle Claims of Hidden Expenses

CPA Practice

million to settle a Securities and Exchange Commission lawsuit that alleges that two former executives committed accounting fraud at the Stamford-based company. The accounting problems came to light in April 2023, when Lovesac’s finance team found that approximately $2.2 (TNS) Nov.

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Monday Morning Accounting News Brief: PwCers Will Fight You For Their AI; Federal Prison For Jilted Lover Who Swatted the IRS | 5.12.25

Going Concern

In Milwaukee, a Catholic charity is suing a former employee as well as Baker Tilly , the latter because they didn’t notice almost $2 was missing: Catholic Charities of the Archdiocese of Milwaukee is suing its former finance director, alleging she funneled hundreds of thousands of dollars into her own pocket.

Kansas 52
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Special Report: 2025 Readers’ Choice Awards

CPA Practice

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.

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Inside GASB's far-reaching agenda

Accounting Today

EDT 18 Min Read Facebook Twitter LinkedIn Email GASB headquarters in Norwalk, Connecticut Courtesy of GASB Enjoy complimentary access to top ideas and insights — selected by our editors. All rights reserved. But in todays environment, its at least something they have to consider."

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On the move: HCVT hired CAS co-leader

Accounting Today

ARIZONA The Association for Accounting Marketing Hall of Fame celebrated the 35th anniversary of the annual AAM Summit in Phoenix May 12-14. CALIFORNIA Janet Shepard Janet Shepard was hired as a business management partner and co-leader of the client accounting services practice at HCVT, Irvine. All rights reserved.

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Understanding NYC’s 401(k) Rules for Startups: A Guide for Small Employers

Shay CPA

Employer Contribution Deduction: Any matching contributions or other employer contributions to employee retirement accounts are tax-deductible as a business expense. Auto-Enrollment Tax Credit: Adding an auto-enrollment feature to your 401(k) plan may qualify you for an additional tax credit (up to $500 per year for up to three years).