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Attention, Soon-to-be-Accountants: Governments Need You

CPA Practice

By Girard Miller, Governing (TNS) S&P Global Ratings recently withdrew its credit ratings on 64 local governments after they failed to file financial updates on time because of staff shortages and delayed audits. So what’s changed in the supply chain for governmental accountants?

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Guy Proposes Not Terrible Ideas to Get People Into Government Accounting

Going Concern

For some time now municipalities have felt the crunch from the accountant shortage and unlike public accounting firms feeling the same, these entities don’t have the luxury of turning down work to ease it nor can they overwork their people with no overtime. Glad you didn’t ask!

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Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024. in Accounting from the University of Missouri – St. in Accounting from the University of Missouri – St.

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Understanding the FAQs Related to Overhead Rate Audits for Growing A&E Firms

Cherry Bekaert

For many architecture and engineering (A&E) firms, overhead rate audits are a critical aspect of financial management since they can be a great way for firms to recoup incurred costs necessary to run their business from the government. Overhead rate audits can put you in a better position to win contracts.

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ESG Reporting Now Common at Large Companies, But Report Quality Varies

CPA Practice

Steady increases in reporting and assurance are significant, yet more companies need to take the additional step to obtain assurance to build trust and confidence in what they report,” said Susan Coffey, AICPA & CIMA’s CEO of public accounting. 38% of non-accountant service providers use ISAE 3000, up from 34% in 2019.

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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

Under German law, Apas can only probe and sanction potential misconduct by active accountants who are enrolled in the country’s register of public accountants. These big companies are poaching some of our best and brightest public servants,” Pocock said. I Am Michelle Go’s Father.

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Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. Right now, they don’t.

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