Going Concern

MAY 20, 2024

PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. Auditors are required to include a going-concern warning if they believe there is a risk that the company may go bankrupt, rather than making a prediction that it will.

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audit auditor Account accountant 95

Going Concern

FEBRUARY 12, 2024

Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We And we don’t,” said Jenni Merrell, a CPA in Chico, California. How did one American firm gain 20 net new auditor engagements? Do you have room?’

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auditor Account accountant accounted 70

Going Concern

JANUARY 6, 2023

So customers have filed more than a half-dozen proposed class actions against the NFL’s Tom Brady, accounting firm Prager Metis and Bankman-Fried as an individual, among others. Bureau of Labor Statistics reported Friday, but employment in accounting and bookkeeping services fell by 1,100 jobs.

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cpa firm CPA New Hampshire Ohio 52