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Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Check out this week’s top remote accounting candidates. Check out this week’s top remote accounting candidates. The “big four” accounting firm reported revenue of A$3.4 EY Assurance teams now process over 775b lines of journal entry data each year, as part of the EY digitally transformed audit.

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Friday Footnotes: Big 4 Pride; KPMG Gets Snubbed; EY Goes on a Poaching Spree | 6.3.22

Going Concern

The Financial Accounting Standards Board adopted CECL in 2016, prompted by criticism that banks had booked losses too slowly in the run-up to the 2008 financial crisis. partnership that she wouldn’t seek reelection in October, the Financial Times said.

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

PCAOB cautions firms on use of outside service providers for audit confirmations [ Accounting Today ] The Public Company Accounting Oversight Board issued a Spotlight publication Monday containing some observations and reminders for auditing firms about relying on outside service providers for electronic audit confirmations.

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Number of CPA Exam Takers Continues to Dwindle

CPA Practice

Starting in 2024, the redesigned CPA exam places a greater emphasis on technology and analytical skills, as well as on tax, accounting, and audit. There are 12 initiatives —some considered near-term, some mid-term, and others long-term—the AICPA said it’s focusing on to fix the accountant shortage.

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