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Friday Footnotes: Consulting Gets Bumpy for New Hires; Cities Sans Accountants; PCAOB Priorities | 4.21.23

Going Concern

. “silent layoffs”) are on the menu B4 Layoffs – USA by u/additional_cats in Big4 KPMG is diversifying its partner rank through sponsorships and succession planning [ Fortune ] Partners are among the most senior-level roles at accounting firms and some of the highest paid. KPMG faces $1.4-billion

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

Many firms turn to third-party service providers to send and receive electronic audit confirmations to and from “confirming parties,” including banks, financial institutions, investment and brokerage firms, and law firms. In some cases, auditing firms may be relying too heavily on such outside companies.

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Monday Morning Accounting News Brief: Eff You, Pay Us; Let’s Complain About Auditing Again; RIP to a Real One | 8.14.23

Going Concern

Indeed, regulators have historically taken the approach of where there is one, there are many —whether it is financial services firms, technology companies, or now audit firms, once one major breach of misconduct occurs, regulators take a closer look at the industry at large to understand how deep and wide an issue may be.

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