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Monday Morning Accounting News Brief: No One Plans to Hate Accounting; PwC Was Cheating!? | 10.14.24

Going Concern

I held onto my accounting career until I was white in the knuckles because I had invested too much energy, time, and money into the profession. We don’t view AI as a substitute for auditors,” Shimek explained. I was so unhappy, but it was unfathomable for me to do anything else. Audits will always require human judgment.

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Friday Footnotes: How Are Firms Actually Using Data Analytics?; KPMG and BDO on the Move | 9.15.23

Going Concern

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Every year, the accounting area buys 200 football tickets to a game,” Koharki says. “So

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