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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business. Tupperware hired the Big Four auditor on Jan. According to EY, she resigned as partner and never worked on the Asda audit. Randy bunch, those EYers.

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Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23

Going Concern

In an article titled “Interactive Auditor-Client Negotiations: The Effects of the Accumulating Nature and Direction of Audit Differences” a team of researchers further examined what happens during these discussions and how the negotiations can affect the magnitude of audit adjustments made to financial statements.

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Sales Tax Issues for Online Retailers

Withum

Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax.

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Friday Footnotes: Accountants Are Into AI; KPMG Atlanta MP on ICE T; 150 Hour Inequity | 8.18.23

Going Concern

But after TSG noticed a declining return on its investments, the firm hired an independent auditor to look into how 20th Century was calculating its share, the suit says — and “what the auditors found in sampling just three of the 140+ films at issue was clear evidence of Hollywood Accounting.” I don’t focus on the short-term.

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What’s new in sales tax?

TaxConnex

It did, but the South Carolina Department of Revenue later audited Amazon and found that it had failed to adequately tax sales by third-party merchants. Auditors slapped Amazon with some $12.5 District judge in Alabama has declared the CTA unconstitutional, at least in the narrow context of the plaintiffs on the case on which he ruled.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

Adventist Auditors Gather in Copenhagen for Spiritual and Professional Renewal [ ANN ] Maryland legend Tom Hood was there! Alabama State University ] This kid is already on the partner track and hasn’t even started yet, check the quote. Big 4 COBA Student Wins Big Internship! note: spruik. / (ˈspruːɪk) / verb.

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Friday Footnotes: KPMG Client’s Spectacular Failure; PwC Gets Defensive; Kids Doing Taxes | 3.10.23

Going Concern

KPMG has served as SVB auditor since 1994. Iowa state auditor slams bill that would limit state watchdog [ The Gazette ] Limits would be placed on what personal information the state taxpayers’ watchdog could demand during an audit under legislation being advanced by state lawmakers. Check out the auditor.

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