Cherry Bekaert

MARCH 15, 2023

We offer individualized portfolio valuation services to entities seeking an independent, third-party valuation of illiquid securities, providing fair value conclusions that satisfy the scrutiny of auditors, the SEC and other regulatory bodies.

auditor 52

auditor Real Estate income tax audit 52

Going Concern

SEPTEMBER 1, 2022

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.

cpas 96

cpas cma Real Estate accounting and finance 96

Going Concern

FEBRUARY 19, 2024

Underemployed staff at the Big Four auditors risk losing their jobs as firms step up their scrutiny of employee workloads in a downturn. EY and Deloitte are among firms that are letting inactive employees go at performance reviews outside of already announced job cuts, according to sources. and moving into the U.S.

auditor 59

auditor Account accountant accounted 59

Going Concern

JANUARY 30, 2023

Deloitte & Touche LLP partners and staffers failed to make financial disclosures required to ensure the independence of their audit work, according to new details from the firm’s 2018 PCAOB inspection. These are skills that AI simply cannot replicate.

Account 79

Account accountant accounted cpa firm 79

Going Concern

MARCH 11, 2022

SEC’s Top Accountant Warns of Bias Against Big Restatements [ Bloomberg Tax ] The SEC’s top accountant Wednesday questioned arguments used to justify stealth revisions to fix accounting errors, warning that companies and their auditors may be biased in making assessments to determine how to correct the mistakes.

auditor 66

auditor tax return audit Account 66

Going Concern

SEPTEMBER 22, 2023

“The job security and the ability to have a comfortable life motivated me at first,” said Khokhar, who served as a senior accountant at two construction firms and senior auditor at an accounting firm. But once I started, had some work and life experience, I realized there are better options out there.”

Account 115

Account accountant accounted CPA 115

Going Concern

MARCH 22, 2024

Top Remote Accountants of the Week | March 21, 2024 Practice The worst of times: Issues in accounting in 2024 [ Accounting Today ] It’s a great time to run an accounting firm — except for how hard it is. What Role Should Auditors Play in Corporate Compliance?

Minnesota 91

Minnesota cpas audit CPA 91

Going Concern

AUGUST 18, 2023

But after TSG noticed a declining return on its investments, the firm hired an independent auditor to look into how 20th Century was calculating its share, the suit says — and “what the auditors found in sampling just three of the 140+ films at issue was clear evidence of Hollywood Accounting.” PwC Will Appeal $65.5

Account 83

Account accountant accounted accounting and finance 83

Ryan Lazanis

MAY 24, 2023

For kicks, here’s the oldest Xero screenshot that can be found on record (from 2007): Here are some tips to leveraging cloud computing in accounting: Tip 1: Become Cloud Accounting Certified Master the popular cloud accounting systems , like Xero or QuickBooks Online, by becoming certified on their platforms.

Technology 98

Technology Account accountant accounted 98

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 99

auditor Account accountant accounted 99

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.

cpas 99

cpas Account accountant accounted 99

Going Concern

JUNE 2, 2023

M&A National Accounting Firm Weaver Announces Acquisition of Pasadena-based HKG [ Pasadena Now ] Weaver, a national accounting and advisory firm, said it has acquired Pasadena-based HKG, LLP, effective June 1. has merged with the firm. Gleba, CEO/Managing Partner of Porte Brown.

cpas 92

cpas audit auditor E-commerce 92

Going Concern

JANUARY 26, 2024

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. AI Is your firm keeping pace? How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations.

Account 115

Account accountant accounted audit 115

Going Concern

MARCH 17, 2023

Johnson continues, “If accounting firms want to venture deeper into the world of financial planning or wealth management, I suspect they would not be able to find enough CPAs with the necessary skill set to easily step into the role. The best financial planners or wealth managers will set themselves apart with outstanding soft skills.”

Government 76

Government Gambling audit CPA 76

Going Concern

MAY 6, 2022

billion claim against Big Four auditor EY for alleged negligence. The claim, which relates to a seven-year period in which EY was engaged to oversee the hospital operator’s accounts, was filed at the High Court in London on Thursday, according to press reports. The next big accounting firm merger?

auditor 52

auditor audit CPA Real Estate 52

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 102

Real Estate Iowa audit CPA 102

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. This report aims to guide accounting firm leaders towards effective strategies that we believe, when properly implemented, will enhance both retention and firm performance.”

cpas 84

cpas auditor West Virginia accounting and finance 84

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

tax preparation 90

tax preparation CPA payroll tax Illinois 90

Going Concern

JANUARY 13, 2023

The Abradin association said it was denouncing Americanas for what it called a “multi-billion fraud,” while also asking regulator CVM to investigate the retailer’s auditor, PwC. Trump’s family real estate business was ordered on Friday to pay a $1.6 Former President Donald J.

audit 99

audit Account accountant accounted 99