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Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

The city’s audit committee, a monitoring body that tracks the findings and recommendations of Montreal’s auditor general, comptroller general and external auditors, makes the observation in its latest annual report. Firms also annually share information such as a list of their public-company audit clients and the addresses of their offices.

CPA 98
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Number of CPA Exam Takers Continues to Dwindle

CPA Practice

Starting in 2024, the redesigned CPA exam places a greater emphasis on technology and analytical skills, as well as on tax, accounting, and audit. So, current CPA candidates remain under the existing rules until the state board of accountancy to which they applied approves the test-taking extension.

CPA 116
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Vocabulary Guide

Accounting Seed

However, a flexible accounting system will provide for other groupings. A historical aging report is used for audit purposes. Street Definition A report that showed which customers you should have firebombed for not paying at the end of a specific Accounting Period. A historical aging report is used for audit purposes.