Going Concern

OCTOBER 27, 2022

.” The administrators, whose job it is to find some funds to repay NMC creditors, say EY auditors did not detect that NMC’s accounts were fraudulently misstated to the tune of a couple billion dollars. “Whose statements are these? EY charged NMC $14 million for audit work performed over a period of about seven years.

audit 102

audit auditor Legal Transportation 102

Going Concern

APRIL 15, 2022

Accounting watchdog investigates Deloitte over Go-Ahead audits [ The Guardian ] One of the UK’s biggest accounting firms, Deloitte, is under investigation by regulators for its audits of Go-Ahead, after the bus and rail operator was embroiled in a scandal for wrongly withholding £50m of taxpayers’ money.

accounting firms 52

accounting firms audit Account accountant 52

Going Concern

JULY 28, 2023

Nonetheless, Fulton knowingly laundered Nix’s illegal gambling proceeds by continuing to provide financial services to Nix and providing access to the financial system. The IRS audit rate for large partnerships has dropped to less than 0.5% About 80% of audits conducted don’t find tax noncompliance. since 2007.

Gambling 97

Gambling audit Technology accounting firms 97

Going Concern

NOVEMBER 14, 2022

Deloitte has been awarded a $199,600 contract to work on a public transportation system plan for the Cayman Islands. PwC Deals Director Orla Fisher, who switched from Audit to Deals in 2007, tries to explain what she does for a living : “Deals is essentially helping people to buy and sell companies. .”

Account 57

Account accountant accounted auditor 57

Cherry Bekaert

MAY 9, 2024

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. Q: What is an overhead rate audit? Q: What are the benefits of an overhead rate audit?

audit 115

audit auditor Transportation Government 115

Going Concern

MARCH 8, 2024

Audit SEC Settlement Against Auditing Firm Serves as Reminder of Important Independence Rules [ JD Supra ] On February 29, the Securities and Exchange Commission (the SEC) announced that it settled an administrative proceeding against Lordstown Motors Corps’ former auditor, Clark Schaefer Hackett and Co.

audit 93

audit auditor New York Legal 93

PYMNTS

FEBRUARY 19, 2020

We’re referring to transport, of course – and tourism , sporting events and one-off gatherings that are now shuttering. Those mounting costs could make it challenging to meet ongoing operating goals, in a ripple effect that may extend well beyond supply chains , dependent as they are on people gathering together.

Hospitality 56

Hospitality Real Estate auditor Sports 56