Going Concern
DECEMBER 2, 2022
Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. Crypto Exchange Binance Appoints Accounting Firm Mazars to Verify Reserves [ Wall Street Journal ].
Going Concern
OCTOBER 7, 2022
The focus groups are part of a “whipping operation” aimed at establishing support for the break-up within the partnership, identifying partners who may vote against the proposals so that they can be persuaded to change their minds, according to one person familiar with the firm’s strategy. Firm Watch. ?FRC stood at 3.18 trillion won.
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Basis 365
JUNE 29, 2023
If you're a small business with basic accounting needs, you may be able to get by with just a bookkeeper. Simple financial statements may be helpful and would help year-end tax returns. A good accounting firm can help you assess your needs and develop a customized solution that meets your goals.
Going Concern
AUGUST 25, 2023
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.
Going Concern
MARCH 25, 2022
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 Akazoo fired its CEO and saw its stock price tumble shortly thereafter, and investors have now filed a $40 million lawsuit against the accounting firm that audited the defunct company’s financials.
Going Concern
DECEMBER 23, 2022
Trump tax controversy fuels passage of presidential audits bill [ POLITICO ]. Democrats on the House Ways and Means Committee released a report Tuesday that showed Trump paid little or no federal income tax while he was in office and that the IRS delayed auditing his returns despite its policy of auditing all presidents.
Going Concern
AUGUST 5, 2022
Meet the accountants who may become the new power brokers of taxes. [ needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. China authorities have long been reluctant to let overseas regulators inspect local accounting firms, citing national security concerns.
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