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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

Cheaters What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million million to settle exam cheating scandal [ Canadian Accountant ] The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45

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TIGTA Does Some Digging on the Revolving Door Between the IRS and Large Accounting Firms

Going Concern

to evaluate employees moving between large accounting firms and the IRS, a.k.a The Congressional request specifically noted interest in large accounting firms. The request noted that the review should include “the extent to which large accounting firms and their employees are taking advantage of the revolving door [i.e.,