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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. That is a far broader calculation than the old rules, which were based on losses expected imminently.

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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. The professional and business service sector added 19,000 jobs, including 2,700 in accounting, tax preparation, bookkeeping and payroll services. The “big four” accounting firm reported revenue of A$3.4 billion ($2.21

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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

Don’t feel bad, MY job ranked #3 most exciting and I assure you it absolutely is not, I write about accounting after all. “I ” Climate Plan Puts SEC in Rare Role as Accounting Rule-Writer [ Bloomberg Tax ] The U.S. And here’s a bit of positive encouragement from Twitter. .

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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. Regardless of a candidate’s chosen discipline, this model leads to full CPA licensure, according to the AICPA.

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