Going Concern

APRIL 30, 2024

It’s been almost six years since the Canadian government legalized recreational cannabis and ever since, a microcosm of financial reporting and auditing has been growing (no pun) beside it. Note that many companies switched auditors so not all fees listed went to the current auditor.) billion Canadian dollar ($3.7

auditor 105

auditor audit Legal Tax 105

Going Concern

MAY 19, 2023

How the tax leaks scandal forced PwC out of the shadows [ Australian Financial Review ] A brutal news cycle shredded any hope PwC had that this would be a circuit breaker. Labor senator Deborah O’Neill, who helped reveal the extent of the tax leaks, homed in on the review. Chinese companies switch auditors to avoid U.S.

auditor 103

auditor audit accounting and finance South Carolina 103

Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? Tesla Korea makes accounting errors [ The Chosun Daily ] Tesla Korea, the South Korean unit of U.S.

CPA 102

CPA auditor Tax audit 102

Going Concern

SEPTEMBER 16, 2022

EY fired auditor for not approving illegal transactions, says a new lawsuit [ Reuters ] Ernst & Young LLP has been sued by a former partner who says she was forced out of her job for refusing to sign off on client transactions that violated tax and securities laws. Accounting Firm M&A. PwC HK, KPMG to host U.S.

auditor 90

auditor Iowa audit Mississippi 90

Going Concern

APRIL 7, 2023

PwC offers cutting edge AI technology with ContractPodAi [ ERP Today Magazine ] PwC has entered into an alliance with ContractPodAi, allowing the firm to offer a cutting edge AI-powered legal contract management platform. and overseas” seeking further explanation about the auditor’s opinion. If Your Job Exposed to ChatGPT?

auditor 104

auditor chartered accountant audit accounting and finance 104

CPA Practice

FEBRUARY 17, 2023

accounting firms perform approximately 40,000 single audits for clients who receive federal grants. The single audit process is very complex, specific, and ever-changing,” said Piritta van Rijin, Global Head of Product, Accounting, Tax & Practice, Thomson Reuters. Each year, U.S.

auditor 52

auditor audit accounting firms financial statements 52

Going Concern

AUGUST 12, 2022

Hold Auditors Accountable for Complicity in Corporate Fraud [ Bloomberg Tax ] Unfortunately, since the fall of Arthur Anderson in the wake of the Enron scandal, the SEC and PCAOB have often failed to go after auditors playing fast and loose with the rules. So, how is tax season like a gallon of milk?

auditor 97

auditor Account accountant accounted 97

ThomsonReuters

DECEMBER 6, 2022

The spotlight on environmental, social, and governance (ESG) continues to intensify as businesses are increasingly being called upon to disclose more about their ESG performance and strategies. Then there’s the tax implications. More specifically, ESG-related tax incentives. What is the role of the auditor in ESG reporting?

auditor 59

auditor Account accountant accounted 59

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. PwC posted its summer 2025 internships for areas including tax and consulting in September, the earliest the firm has ever advertised internship positions, said Rod Adams, who leads hiring for the U.S.

auditor 110

auditor audit accounting firms accounting and finance 110

Going Concern

JANUARY 2, 2024

— Daily Tax Memes (@DailyTaxMemes) January 2, 2024 More than 16 thousand people sat for BEC before it went bye-bye , almost three times as many as the score release before it. For many accountants, this will mean increasing their prices. EY got a lawsuit for Christmas : Accountancy firm EY is facing a new lawsuit claiming 1.5

Government 64

Government Account accountant accounted 64

Going Concern

APRIL 26, 2024

One of the Big Four firms, KPMG, has become the first white-collar British business to employ former prisoners as part of the government’s new pilot programme. One of the Big Four firms, KPMG, has become the first white-collar British business to employ former prisoners as part of the government’s new pilot programme.

cpas 94

cpas auditor West Virginia accounting and finance 94

Going Concern

MAY 27, 2022

After many years of work by accounting leaders to improve the diversity, equity, and inclusion (DEI) in the profession, diverse representation at the partner level is growing. A split would be the biggest structural change at a Big Four firm since Arthur Andersen fell apart some 20 years ago. H&R Block? and Assurant Inc.

auditor 97

auditor audit accounting standards Technology 97

Going Concern

MARCH 10, 2023

And I oop– It’s true (Part II, Item 8 “Report of Independent Registered Public Accounting Firm”). KPMG has served as SVB auditor since 1994. deficit grows to $262 billion in February as tax refunds surge [ Reuters ] The U.S. So it really qualifies our students and gives them a leg up,” she said.

Tax 110

Tax auditor audit accounting and finance 110

Going Concern

MAY 16, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Accountingfly can help!

Real Estate 59

Real Estate Account accountant accounted 59

Going Concern

FEBRUARY 23, 2024

Top Remote Accounting Candidates: February 22, 2024 Law & Order Co-Owner of Media Brokerage Firm Sentenced for Filing False Tax Returns [ Department of Justice ] According to court documents and statements made in court, Susan K. Q: What advice would you give your student working on their first project as qualified auditor?

CPA 103

CPA Illinois auditor Iowa 103

Going Concern

NOVEMBER 24, 2023

KPMG extends pay freeze to 12,000 UK staff [ Financial Times ] Bosses at the Big Four accountancy firm told staff across its four divisions in recent weeks that they would not receive a pay rise this year unless they were promoted, according to people familiar with the matter. A recent Tax Court opinion demonstrates this point well.

auditor 113

auditor audit tax return cpas 113

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 100

Florida Tax North Dakota Account 100

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 114

auditor audit cpas Iowa 114

Going Concern

MAY 6, 2024

Bloomberg Tax drops a scary headline : End of Trump Media’s Auditor Jolts Hundreds of Other Companies The sudden shutdown of what the SEC dubbed a “sham audit mill” will force hundreds of companies, including Trump Media & Technology Group Corp., We’re aware. WE’RE AWARE.

auditor 82

auditor audit Account accountant 82

Going Concern

FEBRUARY 2, 2024

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Paul McNab, formerly tax partner for 22 years, is challenging a key clause in the firm’s retirement plan that denies pension payments to partners – which are worth around $140,000 a year – if they leave to work for a “major competitor”.

audit 115

audit Tax Texas Massachusetts 115

Going Concern

APRIL 14, 2023

Staffing Drama Signal Mountain Won’t Pay Accounting Firm For Extra Work On Audit [ Chattanoogan.com ] Clients are the worst The Signal Mountain Town Council has declined to pay an auditing firm extra money it said was due because of inadequate help from city employees in preparing the annual city audit.

Tax 104

Tax auditor audit accounting firms 104

Going Concern

NOVEMBER 10, 2023

” Wilkinson’s comments came in the wake of news reports saying the government paid KPMG nearly $670,000 to find ways to save money — and after the the Trudeau government announced an initiative to tighten spending and reduce its reliance on outside consultants. .”

audit 110

audit accounting and finance auditor Mississippi 110

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.

auditor 107

auditor audit New York CPA 107

Going Concern

JULY 17, 2023

” Partner pay figures were provided to the Senate as part of an inquiry related to the firm’s sharing of confidential government tax information. It’s understood PwC’s ex-CEO Tom Seymour was the highest-paid partner at the firm in the 2021-2022 financial year, with a salary of between $4.45 million and $4.5

Account 83

Account accountant accounted auditor 83

Going Concern

MAY 26, 2023

Among them was the Employee Retention Credit, a tax benefit that was created as part of the initial $2 trillion pandemic relief legislation. Although the public health emergency is over, taxpayers can continue to apply for the tax credit until 2025. The reshuffle goes into effect on July 1. ‘No

public accounting 92

public accounting Account accountant accounted 92

Going Concern

APRIL 5, 2024

Private Equity Why private-equity investors see a target-rich environment in Chicago’s accounting biz [ Crain’s Chicago Business ] Isn’t “target-rich environment” what Overwatch’s Soldier 76 says when he pops his ult and proceeds to melt the entire enemy team? Foreshadowing maybe.

auditor 89

auditor audit Oklahoma CPA 89

Going Concern

JUNE 23, 2023

Audit “When you are a hammer, the world is a nail” – SEC and PCAOB Senior Staff Signal Increased SEC and PCAOB Gatekeeper Enforcement [ Lexology ] SEC Enforcement and PCAOB Enforcement both are pursuing more significant sanctions against auditors, particularly with respect to civil money penalties. 31 is still not finished.

cpa firm 104

cpa firm CPA auditor North Carolina 104

CPA Practice

NOVEMBER 13, 2023

Top 50 accounting firm Cohen & Co. will be entering the Buffalo market when a deal to acquire Szymkowiak & Associates CPAs and its sister firm PEAR Consultants closes next month. The firm also provides outsourced corporate tax and accounting advisory services. after the deal becomes final.

CPA 110

CPA tax consultant auditor audit 110

Going Concern

MAY 13, 2024

Sabrina Sanders, AT&T’s chief accounting officer, is targeting graduate students for the company’s two-year-old, in-house training program. With our world rapidly changing, it’s just one of the ways that we’re trying to respond to everything going on across the industry,” Sanders said in an interview with Bloomberg Tax.

Oregon 82

Oregon Account accountant accounted 82

Going Concern

DECEMBER 11, 2023

In new research, Matthias Breuer, Anthony Le, and Felix Vetter find that when companies are required by the government to seek a third-party financial audit, they turn to lower quality auditors. As a result, the accounting industry grows, but touted benefits for markets and corporate stakeholders appear elusive.

auditor 104

auditor Account accountant accounted 104

Going Concern

APRIL 15, 2022

note: Happy almost Easter to those who celebrate, happy 11th birthday today to my cat Cash Money (no, I did not purposely track down a cat born on tax day when I adopted him from Humane Rescue Alliance in DC 11 years ago), and a very happy April 18th to those of you who have been working yourselves ragged leading up to this day.

accounting firms 52

accounting firms audit Account accountant 52

Going Concern

APRIL 22, 2024

Drawing in more underrepresented minorities — The accounting profession does not mirror the diversity within the US population, and NPAG seeks to increase the number of underrepresented minorities who choose a career in accounting.

auditor 95

auditor Account accountant accounted 95

Going Concern

APRIL 15, 2024

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. But what about the books of the auditor? Right now, they don’t.

audit 64

audit Account accountant accounted 64

Going Concern

DECEMBER 8, 2023

Expand the accounting pipeline with a mentorship circle [ Journal of Accountancy ] At a time when the CPA pipeline is running slow, mentoring can be a powerful tool to recruit potentially interested students into accounting and guide them to careers in the profession. The SEC approved the standard on Dec. Cohen & Co.,

cpas 109

cpas Account accountant accounted 109

Going Concern

FEBRUARY 16, 2024

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

Real Estate 105

Real Estate Iowa audit CPA 105

ThomsonReuters

MARCH 20, 2023

For tax and accounting firms, therein lies an opportunity. Forward-looking firms are increasingly moving beyond compliance by telling a compelling ESG story that sets their firm apart from the competition. Let’s start with the basics. What is ESG?

Tax 59

Tax Account accountant accounted 59

Going Concern

APRIL 1, 2022

ARB’s auditor Messrs BDO voluntarily resigns after failure to reach agreement on proposed increase of audit fees [ The Edge ] Expect to see a lot of this going forward: ARB Bhd on Friday (April 1) announced its auditor Messrs BDO PLT (BDO) has voluntarily resigned. Over the past year, average hourly earnings have increased 5.6%.

auditor 52

auditor accounting jobs accountant jobs accounts jobs 52