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Friday Footnotes: Deloitte Partner Scammed By Other Deloitte Partner; Big 4 Legal Grows; A $3.5 Billion Error | 2.17.23

Going Concern

KPMG to cut about 200 staff amid consulting work slowdown [ Australian Financial Review ] This is separate from KPMG US layoffs announced earlier this week. The firm, which increased its staff headcount by more than 2000 last year, will begin a business-wide review to determine the exact number and roles that will be targeted.

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Friday Footnotes: XOXO, Accountants; PwC Wants Tax Cuts; KPMG Stacks Partners | 7.1.22

Going Concern

Marking a Half-Century of Capital Markets Integrity [ Barron’s ] Former chair of the Financial Industry Regulatory Authority and trustee and chair of the Financial Accounting Foundation John J. GAAP, or generally accepted accounting principles. Brennan writes: The bedrock of that reporting regime is U.S.

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