Going Concern

JUNE 23, 2023

Audit “When you are a hammer, the world is a nail” – SEC and PCAOB Senior Staff Signal Increased SEC and PCAOB Gatekeeper Enforcement [ Lexology ] SEC Enforcement and PCAOB Enforcement both are pursuing more significant sanctions against auditors, particularly with respect to civil money penalties.

cpa firm

Going Concern

SEPTEMBER 29, 2023

The company expects each of its roughly 1,300 Orrville, Ohio-based corporate workers to be on site for 22 “core” weeks a year. Deloitte UK said revenue grew 14% to £5.6bn in the year to May, as buoyant markets in the first six months of its financial year bolstered demand for audit and advisory work.

auditor

CPA Practice

JULY 1, 2025

With experience in a Big 4 public accounting firms, a corporate tax department and as a state auditor, she understands the full range of tax issues most businesses face. and provides the specialized audit, tax, advisory and consulting services they require. Mergers and Acquisitions July 1, 2025  UHY Adds Flynn & Co.

Technology

Going Concern

MAY 31, 2024

Municipal Dumpster Fires Woonsocket city council respond to auditors abruptly quitting [ WLNE Providence ] Shout-out Mary Sahady who finally had enough of this b t and told this messy client to get bent. Woonsocket officials are hoping city auditors will change their mind, after they abruptly quit this past week.

auditor

Going Concern

MAY 28, 2024

Blue Ash-based tax, advisory and audit firm Cassady Schiller CPAs & Advisors will become part of Katz, Sapper & Miller in a transaction that will be completed May 31. The deal will be Katz, Sapper & Miller’s entry into the Ohio market. Terms were not disclosed. he asked Gyandoh.

audit

Going Concern

APRIL 21, 2023

Professor Laura Empson of Bayes Business School retells how these audit firms were beguiled by the glamour and big fees of corporate advisory work. The withdrawal is “catastrophic,” said Miranda Meginness, Marion’s auditor. Performance-related separations (a.k.a. It’s hard for us to figure out how to go forward.” KPMG faces $1.4-billion

Account

Going Concern

AUGUST 14, 2023

When you woke up this morning did you let out a big yawn and then ask yourself “how can audit firms respond to ongoing regulatory scrutiny?” PCAOB staff expects approximately 40% of the audits reviewed in 2022 will have one or more deficiencies, up from 34% in 2021 and 29% in 2020. Who’s gonna tell them?

audit

Withum

SEPTEMBER 16, 2022

For example, New York, Ohio, Pennsylvania, and Washington have increased their efforts to find online retailers who are not complying with the sales tax rules. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax. More Enforcement.

Sales

Going Concern

NOVEMBER 21, 2022

From Jan Bouwens, Professor of Accounting, Amsterdam Business School, University of Amsterdam, The Netherlands to Financial Times : “EY splitting its consulting activities from auditing is the consequence of the EY business model. Audit teams are typically comprised of auditors and consultants.

Ohio

Going Concern

NOVEMBER 17, 2022

As Forbes reported, in May 2020, a mistake by Deloitte led to personal information of as many as 240,000 unemployment insurance applicants in Colorado, Illinois, and Ohio leaking on government benefits websites. Deloitte said at that time it would offer free credit monitoring services to all PUA applicants in Ohio for a year.

Rhode Island

Going Concern

AUGUST 29, 2022

” A former chief accounting officer of two businesses in Ohio gave herself a $36 per week raise and extra bonuses of $600 and $1,200, signing the checks with a rubber stamp of her boss’s signature. On top of the audit work, we go through trainings and webcasts and meet with various employees. Be well, everyone.

Sales

Going Concern

MARCH 25, 2022

PCAOB cautions firms on use of outside service providers for audit confirmations [ Accounting Today ] The Public Company Accounting Oversight Board issued a Spotlight publication Monday containing some observations and reminders for auditing firms about relying on outside service providers for electronic audit confirmations.

tax return

Going Concern

OCTOBER 14, 2022

Big Four Audit Giants Shut Down Legal Operations in China Following ‘Regulatory Raids’ [ Law.com ]. The Big Four auditing giants have quietly shut down their legal affiliations in China following intense regulatory scrutiny, according to an investigation by Law.com International, in a major development for Asia’s legal industry.

auditor

Going Concern

NOVEMBER 10, 2023

“Financial reporting leaders, but also investors, regulators, and other stakeholders in the capital markets expect AI to drive audit quality. . “Financial reporting leaders, but also investors, regulators, and other stakeholders in the capital markets expect AI to drive audit quality.

audit

CPA Practice

DECEMBER 14, 2023

Denise Buettner, Ohio Frank Calise, Ariz. Shane Kamban, Ohio Joanne Kopanski, N.C. 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. Daniel Blamer, Mich. Edward Bonaccorsi II, Mass.

Texas

CPA Practice

DECEMBER 15, 2023

So you know, some of our friends are from Ohio, where you can have chili, you know, to a three way four way? But if you’re a fairly aggressive group running cch engagement and doing prep company review and audit, probably not right now. And many of the OCR products across. Wolters Kluwer cch family, is they’re now doing OCR two ways.

Technology

Going Concern

AUGUST 4, 2023

Audit Fireside Chat with PCAOB Chair Erica Y. Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns [ Bloomberg ] Special-purpose acquisition company Digital World Acquisition Corp. said in a filing Tuesday that its auditor Marcum LLP — which has been riddled with regulatory problems of its own — abruptly resigned.

cpa firm

Going Concern

JULY 15, 2024

An Ohio firm, Payne Nickles & Co. After finding fault with Canadian audit quality in recent years — not only with regional accounting firms but with members of the Big Four in Canada — the US audit watchdog found little fault in its most recent reports. to “How can I make money online?”

Account

Going Concern

MARCH 14, 2025

Audit Empowering auditors: A key to protecting investments [ Phys.org ] Many investors have wondered at some point whether businesses are doing what they promised with their money, or whether they are just saying one thing and doing another. PCAOB Looking Busy PCAOB fines KPMG units $3.4M, PwC Singapore $1.5M

Gaming