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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day Named Technical Director of the Financial Accounting Standards Board [ FASB ] The Financial Accounting Standards Board (FASB) on March 20 announced the appointment of Jackson M. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue. 1, 2024, the Financial Accounting Foundation said.

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Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals. Lewis, also a partner in KPMG’s audit practice, succeeds Paul Croston, who will retire on Sept.

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Friday Footnotes: Why Private Equity Loves the Profession; A Very Naughty KPMG Employee; WTF PwC Guy | 4.5.24

Going Concern

Finance ] Aitzarelys Negrón, certified public accountant (CPA) and founder of Strategies and T.E.A., said, “I had been working at a [major] accounting firm since 2015 before being laid off in the fall of 2020. The aim is to provide real-time visibility and traceability of blood products throughout the healthcare system.

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