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7 Ways a Business is Selected for Audit

TaxConnex

sales tax audits ?were sales tax audits to become more common over the next two years. of respondents said they believe audit levels?will already seen an increase in the number of audits in the past two years. ramping up audits remains?anecdotal,?but How does a business get selected for an audit? anecdotal,?but

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Research: Seniors Give Better Review Comments If They Think the Staff Will Stick Around

Going Concern

Fresh academic research has found that audit seniors are more likely to offer better constructive feedback and coaching to their juniors via review comments if the seniors think they’ll be working with that staff again. The paper “ Coaching Today’s Auditors: What Causes Reviewers to Adopt a More Developmental Approach?

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Don't Test Your Luck with Non-Compliance

TaxConnex

sales tax audits ?are sales tax audits to increase over the next two years.? already seen an increase in audits over that same time. Even the only two states with a state-wide sales tax that have held out from enacting economic nexus – Florida and Missouri – may be edging toward making sellers collect and remit sales tax.

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Rumor: There Might Be a Big Merger in the Works For FORVIS

Going Concern

The bulk of Praxity firms are overseas (to us) excepting Toronto’s MNP which requires no sea travel to get to from Springfield, Missouri. Those firms are: IPA Rank Firm Revenue 9 CliftonLarsonAllen $1.7 billion 10 Baker Tilly $1.6 billion 11 Crowe $1.3 billion 12 CBIZ + MHM $1.2 billion 13 Marcum $1.2 billion 14 Moss Adams $1.1

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

Going Concern

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. Louis, Missouri. Audit City Of Rawlins Opts To Select New CPA’s For City Audits [ Bigfoot99 News ] Here’s how much a city audit costs in Wyoming. It’s not easy but it’s worth it.”

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Accounting Expertise In C-Suite Can Compromise Financial Reports

PYMNTS

A new report suggested a surprising correlation between executives’ accounting expertise and the risk of those misstatements, and researchers said the findings could be key to auditors , financial regulators and corporate directors. In their “Do Auditors Recognize the Potential Dark Side of Executives’ Accounting Competence?”

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Professionals on the Move – Dec. 2023

CPA Practice

Bennett is a Certified Fraud Examiner and a member of the American Bar Association Institute of Internal Auditors, Institute for Internal Controls and the Association for Corporate Growth. He earned his bachelor’s degree in business administration from the Principia College and completed accounting courses at the University of Missouri (St.

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