Going Concern
FEBRUARY 26, 2024
Marine Corps passed a full financial audit for the first time, with the service announcing Friday its fiscal 2023 financial audit received an “unmodified audit opinion” after a rigorous two-year review. The US audit watchdog also inspected four EY Canada audits in 2020 and found deficiencies in half the engagements.
Going Concern
APRIL 15, 2024
The audit opinions they issue typically have meaning and value because the firms operate with public trust. In the public company audit arena, this transparency is maintained through PCAOB inspections of auditors. In the public company audit arena, this transparency is maintained through PCAOB inspections of auditors.
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Going Concern
MARCH 15, 2024
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.
Going Concern
DECEMBER 8, 2023
Auditors say accountant shortage ramps up work pressure: CAQ [ CFO Dive ] A shortage of accountants has intensified pressure and ramped up workloads for accounting teams at U.S. companies while hindering recruitment and retention, according to 78% of audit partners surveyed by the Center for Audit Quality. Cohen & Co.,
Going Concern
DECEMBER 27, 2022
The PCAOB added six audit firms —three international, including a KPMG affiliate, and three in the U.S., BDO RCS Auditores Independentes – $30,000 civil money penalty and censure. Grant Thornton Auditores Independentes Ltd. – $20,000 civil money penalty and censure. including Grant Thornton—to its 2022 naughty list on Dec.
Going Concern
AUGUST 8, 2023
The below essays reflect the author’s opinion not necessarily the opinion of The Pennsylvania State University nor that of Going Concern. On June 28 of this year the SEC announced its largest penalty ever levied against a large accounting firm because E&Y had many of its audit professionals cheating on ethics exams.
Going Concern
MAY 5, 2023
Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Accountingfly is connecting audit professionals at all experience levels with forward-thinking firms for strictly REMOTE audit roles. Don’t sweat it. Pajamas forever!
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