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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

Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [ Financial Times ] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month.

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23

Going Concern

Consulting Consulting industry Big Four sees Great Resignation drag to close [ Consultancy.uk ] A slowdown in attrition at the UK’s top consulting firms is leaving fewer opportunities for new talent to advance. economy, including employment, labor income, and tax contributions to federal, state, and local governments.

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Cohen & Co. to Move Into Buffalo After Acquiring CPA and Consulting Firms

CPA Practice

With a team that has decades of previous experience working as government tax auditors, the tax consulting firm specializes in state residency services and audit defense for ultra-high-net-worth individuals. PEAR’s tax consulting work complements much of Cohen & Co.’s

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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

. “IRS tech is so ‘archaic’ the agency struggles to find people to work it” from The Washington Post : The Internal Revenue Service, which funds nearly everything the federal government does, uses information technology that is creaking with old age.

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Sales Tax Issues for Online Retailers

Withum

Second, the government issued stimulus checks which pumped more spending money into the economy for those not hurt financially by the pandemic. The third reason for higher sales tax revenue was the Wayfair decision in which the Supreme Court expanded the physical nexus requirement to include economic nexus (e.g., Let’s Talk.

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Friday Footnotes: More Bad News for PwC; Firm Leader Says AI Will Get People Back in the Office | 6.2.23

Going Concern

An audit contract worth A$1.6 The fund spent A$700,000 on non-audit services last year, according to filings. Malcolm Turnbull was Prime Minister when the laws at the centre of PWC’s scheme to sell government secrets took effect, he says breach and abuse of confidence are absolutely “shocking” Listen here.

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