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Friday Footnotes: RTO Isn’t Going So Great; KPMG Wins Something; What Auditors? | 5.19.23

Going Concern

ICYMI I Love Accounting. GC ] Benjamin Wann, CMA, CSCA, MBA, PMP, CPA wrote a little something about the thing we all love to hate. At its core, accounting is a challenging career that requires growth and learning and can usually pay pretty well. Chinese companies switch auditors to avoid U.S. So I Had to Leave. [

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No Breakup For UK’s Big Four Accountancy Firms

PYMNTS

’s Big Four accountancy firms — KPMG , PwC , EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardia n reported on Tuesday (Dec. ” “Most people will never read an auditor’s opinion on a company’s accounts,” he said.

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Letters to the Editor: CPAs Give Their Perspectives on Why No One Wants to Be an Accountant Anymore

Going Concern

It wasn’t until 2015 that a woman became CEO of a Big 4 accounting firm for the first time. 65% of new graduate new hires hired into accounting/finance functions of U.S. CPA firms are white. Starting I couldn’t take the kind of paycut to be a entry level field auditor or tax. Accounting is miserable.

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Armanino’s Former Crypto Team Has Left and Formed Their Own Shop, Allegedly

Going Concern

Members of the accounting firm Armanino’s digital-asset practice have departed and formed a new startup – The Network Firm – to carry on the business of providing audits, attestations and related work for crypto clients.

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UK Moves To Split Audit And Consulting Profits At Big Four

PYMNTS

The Big Four accounting firms will have to put their United Kingdom auditing and consulting practices in separate business units by 2024, but may keep them within the same parent companies, under regulations announced today by the Financial Reporting Council. The measures by the U.K.’s

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UK Changes Course On Big Four Accounting Breakup

PYMNTS

may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided against such action late last year. “For the big firms, audits seem too often to be the route to milking the cash cow of consultancy business.” audits for large businesses.

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How the CPA, CMA and EA Credentials Have Become Global Designations

CPA Practice

In the last few years there has been a shortage of critical skills with regards to the accounting profession and especially in the output of North American and European professionals with CPA, EA and CMA qualifications. This is where skilled CPA, CMA AND EA professionals shine. Certified Management Accountant (CMA).

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