audit auditor Healthcare Tax 
Menzies
DECEMBER 6, 2023
Importance of an Audit A lot of business owners think audits are much of a muchness, however their quality can vary significantly. The annual audit is occasionally considered as a commodity purchase. Financial reporting council (FRC) The FRC is planning to tighten its ethical standards further to improve audit quality.
Going Concern
OCTOBER 14, 2022
Whistleblowers have accused EY of whitewashing suspicions of money laundering and tax evasion in an investigation it conducted this year for longstanding client Leonteq. Big Four Audit Giants Shut Down Legal Operations in China Following ‘Regulatory Raids’ [ Law.com ]. The deal breaks down to about $276 a square foot.
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Going Concern
MARCH 22, 2024
PwC chairman refuses to share tax leaks scandal investigation with Australian parliament [ The Guardian ] PwC’s global chairman, Bob Moritz, has refused to comply with a request from the Australian parliament to share a copy of an investigation used to contain the tax leaks scandal to Australia. This S**t Is Still Going On?
Going Concern
AUGUST 21, 2023
Someone who isn’t an auditor complains on Blockworks about using the word audit for things that aren’t audits and then explains in graphic detail the various audit-like things that one can engage in (that aren’t audits). I’ll leave this to my audit colleagues. Anyway, the news.
Going Concern
APRIL 29, 2022
4 Ways CPAs Can Explain the Tax Benefits of Direct Indexing to Clients [ Parametric ] Let’s unpack what CPAs should know about direct indexing from a tax perspective—and explore some unique and effective methods for explaining it to your clients. Less work for EY auditors? Ernst & Young Hit With U.K.
Going Concern
MARCH 22, 2023
Last spring, administrators for collapsed healthcare group NMC Health filed a big ole negligence lawsuit in London against EY, who audited NMC for 14 years and missed a billion and a half dollars that were inappropriately transferred into NMC founder Dr. Bavaguthu Raghuram Shetty’s bank account before NMC went bust.
Going Concern
SEPTEMBER 1, 2023
The professional and business service sector added 19,000 jobs, including 2,700 in accounting, tax preparation, bookkeeping and payroll services. EY Assurance teams now process over 775b lines of journal entry data each year, as part of the EY digitally transformed audit. Over the past 12 months, they’ve increased 4.3%.
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