Going Concern

MAY 20, 2022

Boring No More: Accountants, Auditors See Themselves as Creative, Curious and Adventurous, Study Shows [ PR Newswire ] Creative, curious and adventurous may not be traits normally associated with accountants and auditors, but a recent study shows that’s just how a growing number of industry professionals see themselves.

auditor 52

auditor audit Hospitality accounting firms 52

Going Concern

JULY 1, 2022

Ernst & Young IPO Will Create a Lot of Sour Grapes [ Washington Post ] Big Four auditor Ernst & Young LLP’s potential IPO of its consulting activities could trigger stock windfalls of as much as $8 million each for the consulting partners, according to the Financial Times. In time, they could cash in their stock.

Tax 59

Tax Account accountant accounted 59

Going Concern

DECEMBER 11, 2023

Mandatory audits don’t provide protection the entities mandated them think they do according to new research. In new research, Matthias Breuer, Anthony Le, and Felix Vetter find that when companies are required by the government to seek a third-party financial audit, they turn to lower quality auditors.

auditor 105

auditor Account accountant accounted 105

Going Concern

MARCH 17, 2023

Johnson continues, “If accounting firms want to venture deeper into the world of financial planning or wealth management, I suspect they would not be able to find enough CPAs with the necessary skill set to easily step into the role. The best financial planners or wealth managers will set themselves apart with outstanding soft skills.”

Government 97

Government Gambling audit CPA 97

Going Concern

MAY 6, 2022

billion claim against Big Four auditor EY for alleged negligence. The claim, which relates to a seven-year period in which EY was engaged to oversee the hospital operator’s accounts, was filed at the High Court in London on Thursday, according to press reports. Alvarez & Marsal Launches $2.5B

auditor 52

auditor audit CPA Real Estate 52

Going Concern

APRIL 5, 2024

Private Equity Why private-equity investors see a target-rich environment in Chicago’s accounting biz [ Crain’s Chicago Business ] Isn’t “target-rich environment” what Overwatch’s Soldier 76 says when he pops his ult and proceeds to melt the entire enemy team? Foreshadowing maybe.

auditor 103

auditor audit Oklahoma CPA 103

Going Concern

DECEMBER 23, 2022

Hiring, travel for internal events, training and staff Christmas parties have been targeted as part of efforts to curb expenses at the audit and consulting firm ahead of the break-up known as “Project Everest”, people familiar with the matter told the Financial Times. The process, known as confirmation, is part of nearly every audit.

Tax 98

Tax auditor audit tax return 98