Remove accounting firms Remove audit Remove auditor Remove Utah
article thumbnail

Grant Thornton and Five Other Firms Got Coal in Their Stockings From the PCAOB

Going Concern

The PCAOB added six audit firms —three international, including a KPMG affiliate, and three in the U.S., These six firms must have forgotten to do that or something and, as a result, were fined and censured by the PCAOB: KPMG Samjong Accounting Corp. – $30,000 civil money penalty and censure.

Utah 64
article thumbnail

In the Trenches: My Three Least Favorite Audit Rooms

Going Concern

Audit rooms come in all shapes and sizes—usually small, often windowless, sometimes with chairs you can actually sit on, and almost always as far away from the finance/accounting department as possible. After eight years in public accounting, I have loads of unforgettable audit room experiences. Here are just a few.

audit 64
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.

Minnesota 113
article thumbnail

Friday Footnotes: A (Fake) Day in the Life at Deloitte; DYNAMIC Merger For Grant Thornton; CPA Awareness | 12.9.22

Going Concern

Accounting, tax audit, and business advisory firm BDO is investing €5m in a new office as it creates 100 new jobs. The 100 new jobs in Dublin will be across all service lines – audit, tax, advisory, consulting, business services and recruitment. Check out these remote accounting jobs at Accountingfly.

CPA 98
article thumbnail

Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

An FBI investigation was initiated in December 2021 after an accounting firm was hired to liquidate a client’s property upon his death in 2020 and found the piece of art. Tupperware hired the Big Four auditor on Jan. According to EY, she resigned as partner and never worked on the Asda audit.

auditor 52
article thumbnail

Professionals on the Move – Dec. 2023

CPA Practice

Johnny Welborn, Texas Elite 25 Teresa Barton, Utah Jeri Beckham, Texas Frank Calise, Ariz. Teresa Barton, Utah Farooq Bawa, Ill. Amie Fuller, Utah Michelle Gillespie, Pa. He earned his bachelor’s degree in business administration from the Principia College and completed accounting courses at the University of Missouri (St.

Iowa 52
article thumbnail

Friday Footnotes: EY Doesn’t Regret a Return to Office; Consulting Cut Backs; AI Will Not Replace Accountants | 8.11.23

Going Concern

MCM is the Southeast region’s eighth-largest accounting service provider based on Accounting Today’s Top 100 Firms ranking with ~370 employees and approximately $72 million in annual revenue. Also, the report said, the whereabouts of as many as 168 cartridges from a processing center in Ogden, Utah, are unknown.

Account 97