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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24

Going Concern

The whole point of hiring a big four audit firm such as PwC is to attach your financial results to a brand whose reputation is beyond question. Audit The auditor’s role in supply chain due diligence [ Compliance Week ] A recent New York Times report detailed alleged examples of migrant children working for U.S.

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Friday Footnotes: Screw the Office; Auditor Sues EY For Doing Her Job; IRS Levels Up | 9.16.22

Going Concern

EY fired auditor for not approving illegal transactions, says a new lawsuit [ Reuters ] Ernst & Young LLP has been sued by a former partner who says she was forced out of her job for refusing to sign off on client transactions that violated tax and securities laws. PwC HK, KPMG to host U.S. Accounting Firm M&A.

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Friday Footnotes: Rettig Is Out at IRS; KPMG and Deloitte Suck at Auditing; Desperate For Accountants | 10.28.22

Going Concern

Iowa addresses accountant shortage, expands eligibility for state jobs [ KCRG ]. Accountants and auditors with the Office of Auditor of State no longer need a four-year degree. Regulator Warns Hong Kong Companies About Auditor Resignations [ Wall Street Journal ]. Our newsletter is always on time.

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Friday Footnotes: CPA Says Stop ERC Fearmongering; Deloitte Cussed Out For ‘Grueling Culture’; Worst Books Ever | 2.23.24

Going Concern

Q: What advice would you give your student working on their first project as qualified auditor? An EY audit shows that KPMG investigated the wrong Paladin entity,” O’Neill told officials from Chartered Accountants Australia and New Zealand, an oversight body. AuditAudits matter.’ in last 12 months.

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The Accountant Shortage Makes One Office Get Really Desperate

Going Concern

In early October, local KCCI in Des Moines ran a story about a shortage at the Iowa State Auditor’s Office. From the first KCCI story : The Iowa State Auditor’s Office is looking at college graduates with 2-year degrees to help fill open accounting positions. Yes, we know. asked Sand.

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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

Bill would let private CPAs, not state auditor’s office, audit state agencies [ Radio Iowa ] Senator Mike Bousselot, a Republican from Ankeny, IA seems to think letting CPA firms audit government books instead of the state auditor will fix the accountant shortage somehow? Year-on-year growth of 16.4%, including 13.3%

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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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