Going Concern

OCTOBER 25, 2024

Other accounting firms in the Top 10 Best Overall Internships are Texas-based Weaver, Alabama-based BMSS, and Wisconsin-based Wipfli. We received news that our external auditor that is assigned to our annual audit is resigning and the firm does not have sufficient staffing to take over our 2022-2023 audit,” Gates-Shult said.

accounting and finance

Accounting Today

JULY 10, 2025

Mobile, Alabama: Tax preparer Kenneshia Davis has been sentenced to a year and a day in prison for filing fraudulent returns. Birmingham, Alabama: Tax preparer Geta Barr has been sentenced to 18 months in prison for preparing false returns for clients. All rights reserved.

Tax

Going Concern

JANUARY 2, 2023

While the PCAOB has been on a mission to scare the pants off of auditors everywhere in the past year with record fines and scary speeches, the Financial Accounting Standards Board took a much more chill approach to 2022. The FASB’s record breaking year for the past two decades took place in 2010 with 29 new standards issued.

accounting standards

Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

tax preparation