Going Concern

JANUARY 31, 2025

Firm Watch Accounting firm taps longtime employee to head up Charlotte office [ Charlotte Business Journal ] RSM US has named a 13-year veteran of the company as the new leader of its Charlotte operations. Moving forward, the New York team will continue to serve its business and tax clients. Accountingfly can assist you!

cpa firm

Accounting Today

JULY 15, 2025

billion from video game and electronics retailer GameStop Corp. Accounting firm Net engagements in Q1 2025 New engagements in Q1 CBIZ CPAs 21 22 Deloitte & Touche 12 19 KPMG 12 20 Enrome 7 7 Assentsure PAC 6 6 Boladale Lawal & Co. it also took first in new audit fees, thanks to $10.9 million from QuidelOrtho Corp.,

audit

Going Concern

SEPTEMBER 19, 2024

When I say “everyone” I mean crypto bros and accounting firms trying desperately to be cool with their PS2-era metaverse avatars, the rest of us forgot about it pretty much right off the bat. It’s technically a game, but it seems about as fun as hanging out in a doctor’s office. Or an accounting firm office.

accounting firms

Going Concern

AUGUST 9, 2024

The university hired accounting firm CliftonLarsonAllen to conduct the independent forensic examination into CapRadio, which is an auxiliary of Sacramento State. Accountancy firm rebrands to “bravely showcase our true identity” [ Prolific North ] Sweet, can’t wait to see this powerful redesign!

accounting firms

CPA Practice

AUGUST 28, 2024

As in 2023, AI systems were again dominant among the winners of the 2024 Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. “ AuditFile AI is like the self-driving car of auditing.

Technology

CPA Practice

JANUARY 18, 2023

The season and games are longer today, but beyond that, not much else has changed in more than 120 years of professional baseball. After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.

public accounting

Going Concern

SEPTEMBER 29, 2023

The London-based global accounting firm officially known as PricewaterhouseCoopers International is in talks to lease three floors at a new office building at 3155 Olsen Drive, across from Santana Row in West San Jose, the San Jose Mercury News reported, citing unidentified sources. KPMG offered video game training to some employees.

auditor

ThomsonReuters

JANUARY 3, 2023

Too many of today’s auditors are stressed and overworked. Therefore, firms need to ensure that auditors can access the tools they need and achieve the greater work-life balance they desire should they wish to retain top talent. . Auditors are no exception. What challenges do auditors face today?

auditor

Going Concern

DECEMBER 22, 2023

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. million) in damages from accounting firm EY for its role in auditing the books of Wirecard before its collapse in 2020, a shareholder group said. Don’t hesitate to reach out.

auditor

Going Concern

MARCH 15, 2024

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

auditor

Going Concern

AUGUST 16, 2024

Projections indicate a growth in employment opportunities for accountants and auditors, while roles focused on bookkeeping and data entry are expected to decline. With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

audit

Going Concern

JULY 11, 2023

And here’s their game plan: As an initial step in remediation of this material weakness, we are engaging temporary third-party resources with the appropriate level of knowledge and experience in accounting and internal control matters to complement the existing organizational structure.

Account

Going Concern

FEBRUARY 10, 2023

Talent As tax season approaches, accounting firms are short on staff [ Marketplace ] Oh hey! Audit Americanas’ $4 Billion Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record [ Bloomberg ] A $4 billion accounting shortfall would typically raise alarm bells for an auditor.

Florida

Going Concern

AUGUST 8, 2023

Edward Ketz Written for Accounting Education News , not published. On June 28 of this year the SEC announced its largest penalty ever levied against a large accounting firm because E&Y had many of its audit professionals cheating on ethics exams. Also see my essay “ The Myth of Auditor Independence.”)

auditor

Going Concern

AUGUST 22, 2022

PwC is being sued by a 28-year-old auditor who claims he suffered a serious head injury after attending a work event that involved an “excessive” drinking game of pub golf. A little housekeeping: Here’s your weekly reminder to sign up for our newsletter to get accounting headlines delivered to your inbox twice a week.

auditor

Going Concern

SEPTEMBER 9, 2022

Accountants in high demand as average earnings hit almost €120,000 [ The Irish Times ] A survey by industry group Chartered Accountants Ireland in conjunction with accounting firm Barden shows that the average salary package commanded by these professionals rose by €7,000 or 6 per cent to €119,270 last year.

audit

Going Concern

MAY 12, 2023

As a firm we have had to be proactive in our response to attracting candidates, addressing workforce planning and aligning our recruitment strategy to reflect this.” Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Where’s your sense of adventure?

CPA

Going Concern

MAY 24, 2024

PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande and some clients reconsider their relationship with the accounting firm.

audit

Going Concern

SEPTEMBER 13, 2024

SEC as EQCF: Statement on Public Company Accounting Oversight Board; Notice of Filing of Proposed Rules on a Firm’s System of Quality Control and Related Amendments to PCAOB Standards [ Statement by SEC Commissioner Hester Peirce ] Auditors play a critical role in maintaining healthy capital markets.

Kansas

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Table of Contents How to Choose a CPA Firm Name? Choosing an accounting firm name is all about branding and how you want the outside world to perceive you.

accounting firms

Going Concern

MARCH 21, 2023

Accountants who can best work with ChatGPT will thrive, those who don’t will ultimately be out of a job. It isn’t just another game, it’s a different sport. It will also allow them to go after smaller clients and those with simple business models currently being audited or tax advised by small and medium-sized firms.

Account

Going Concern

JUNE 30, 2022

Here’s an excerpt from an email Grier sent to all EY employees the day before the Super Bowl: During a year unlike any other, I’m looking forward to one tradition that holds strong this weekend – watching Sunday’s Big Game! She ended the email by saying, “Please tune in on Sunday and enjoy the game!” That commercial? Not so much.

Gaming

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? This, of course, leads to a significant drain on staff time and firm efficiencies. Security Accounting firms are the gatekeepers to a treasure trove of sensitive data.

Technology

Going Concern

JULY 7, 2022

There’s a story in the New York Times today about how EY “devised an elaborate arrangement” for nonprescription drugmaker Perrigo to avoid more than $100 million in taxes, an arrangement that was questioned by Perrigo’s then-auditor BDO. That’s not the role of an independent auditor.”. Quick aside: LYNN TURNER.

auditor

Going Concern

JUNE 17, 2022

eFinancialCareers reports that despite accounting firms everywhere struggling to recruit and retain any talent not just the best and brightest PwC is being picky about who it brings in: There’s been no shortage of applications for PWC’s student jobs this year. ” But not so much work as to settle for any old candidate.

Gaming

CPA Practice

AUGUST 9, 2023

“In the midst of an unprecedented talent shortage gripping our profession, private companies are struggling to find a trusted auditor and often turn to their tax or non-attest accounting firm for guidance,” says Brian Yujuico, vice president and senior chief auditor of AuditClub.

audit

Going Concern

JUNE 24, 2024

And, some of it is trust, and some of it is compliance, and that’s why we have auditors come in and check our trust,” said Brigham. We began to dig into why weren’t the numbers reconciled, why weren’t they timely…which led to our discovery,” said the auditor at a Board of Commissioners meeting. .

Account

Accounting Insight

MARCH 19, 2024

Introducing Inflo, who have been leading accounting firms’ evolution by modernising audit practices. Our innovative cloud-based audit management platform is trusted by many of the world’s largest firms and global networks, offering a fully end-to-end, scalable, digital solution. How did you get started?

audit

Going Concern

SEPTEMBER 5, 2023

BDO is now among the largest ESOPs in the country and is the first large public accounting firm to transition to ESOP ownership. Wipfli is upping its risk management game : Wipfli LLP (Wipfli) announced today it has acquired Sheshunoff Consulting + Solutions’ risk management and loan review services divisions.

Account

Menzies

DECEMBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. Even so care is needed in the implementation of any changes to ensure SMEs are not the victims of unintended consequences, this has been given a cautious welcome by some auditors. keep to the game plan Once the audit has started, this planned approach should be followed.

audit

CPA Practice

JANUARY 31, 2024

Top 20 accounting firm Armanino today released Audit Ally, a proprietary tool designed to automate and improve the efficiency of Service Organization Control 2 (SOC 2) examinations for both the client and the auditor.

auditor

Going Concern

MAY 6, 2022

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. Barchilon bought Ralph a ticket and they went to the game in style–in a stretch limousine. billion claim against Big Four auditor EY for alleged negligence.

auditor

Going Concern

APRIL 1, 2024

It’s Joy Merriner’s job as an independent auditor with the firm BDO to go through the city’s financial statements and make sure they are fair and accurate. Early reviews indicate Copilot could be a powerful new force for accountants and other knowledge workers. “Is Is it hype or reality? It’s definitely reality.

Account

FraudFiles

MARCH 5, 2021

The executives were playing games to inflate the revenue and profits of the company to keep Wall Street happy. Changes to or unusual relationships with a company’s auditors, attorneys, or banks merit some scrutiny. Firm-hopping in general is also a cause for concern. Problems with Professional Service Providers.

auditor

CPA Practice

NOVEMBER 9, 2023

We are excited to bring new product capabilities to customers utilizing AI to automate tax preparation so they can focus on what matters – serving clients, growing their practices and creating better workplaces,” said Piritta van Rijn, Head of Accounting, Tax & Practice, Thomson Reuters.

Technology

Going Concern

JUNE 24, 2022

The firm’s consulting partners would receive shares worth as much as seven to nine times annual income, estimated by the Financial Times to be worth as much as $US8 million ($11.6 UPS, Dell, Others Call on SEC to Retool Climate Accounting Plan [ Bloomberg Tax ] Audit firms and companies including United Parcel Service Inc.

CPA

Going Concern

AUGUST 7, 2023

The AICPA-NASBA initiative, called the Experience, Learn and Earn (ELE) program, is designed to help resolve some of the financial hurdles to college graduates’ pursuit of the CPA license by integrating relevant online study with work experience through a participating accounting firm. Alright, that’s plenty for today.

Account