article thumbnail

Friday Footnotes: KPMG’s ESG Conflict; PwC Fails to Deliver; FASB Turns Attention to AI | 3.3.23

Going Concern

Specifically, they erred in the method they used to determine whether the value had dropped so they could book impairments, accounting calculations that ding earnings. Tax Tax tips for influencers are everywhere. Couples with 10 or more children may pay no property tax at all, according to the bill. billion accounting.

article thumbnail

Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

News Pride Toronto repaying over $505K after federal grant controversy [ CBC ] Pride Toronto is repaying just over $505,000 in grant funding after an accounting firm found the organization could not prove that it completed several projects despite receiving $1.85 There’s a shortage of accountants in the U.S. Good Luck With That!

Account 117
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Monday Morning Accounting News Brief: Big 4 Consulting Salaries; Accounting For Dummies; PwC Boomerangs | 3.27.23

Going Concern

South Carolina’s comptroller quits after a $3.5 billion accounting error Alright, here are some other headlines for ya. Deloitte, Accenture, McKinsey: Who Are The Top Consulting Firms For B-School Students? They just had to use this picture, didn’t they?

article thumbnail

Professionals on the Move – May 17, 2023

CPA Practice

FORVIS Adds Aaron Schaal as Tax Partner in New York FORVIS recently announced the hiring of Aaron Schaal as a partner with its tax team in New York. tax planning experience as well as considerable international tax and transfer pricing experience to FORVIS. Schaal brings significant U.S. He also earned a J.D.

article thumbnail

AICPA News – June 2023

CPA Practice

The coalition includes the following organizations: AICPA Latino Tax Pros National Association of Black Accountants, Inc. NSBCPA) National Society of Tax Professionals (NSTP) Padgett Business Services The Diverse Organization of Firms (DOF) H&R Block Prosperity Now.

article thumbnail

Friday Footnotes: Big 4 Nixes Legal Practices; EY Looks the Other Way; Auditors Get Lectured Again | 10.14.22

Going Concern

Whistleblowers have accused EY of whitewashing suspicions of money laundering and tax evasion in an investigation it conducted this year for longstanding client Leonteq. KPMG and EY have also closed, according to people with knowledge of the matter, and both no longer have operational local law firm websites. Talent and Hiring.

auditor 94
article thumbnail

Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

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., The firm is relocating from Grosvenor Place.

CPA 109