Going Concern

MARCH 16, 2022

The big news in the accounting profession yesterday afternoon from Dave Michaels of the Wall Street Journal was that the SEC is investigating the Big 4 and other public accounting firms on whether the consulting and non-audit services they sell to clients is conflicting with their independence as the auditors of said clients.

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CPA Practice

APRIL 11, 2023

Brian Yujuico has been named vice president and senior chief auditor at AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model. In this newly created role, Yujuico, a Certified Public Accountant, will oversee day-to-day activities of the growing team of chief auditors, crew and cadets.

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Going Concern

APRIL 19, 2024

The Big Four accounting firm is considering adding about 85 U.S. The figures include both partners and principals, which are partners who aren’t certified public accountants. consulting partners effective July 1, down from 174 a year earlier and more than 200 two years earlier, people familiar with the matter said.

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cpas accounting firms Account accountant 96

Going Concern

SEPTEMBER 29, 2023

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. It helped offset the “increased caution” among more cash-strapped clients and a slowdown in merger and acquisition activity in the months that followed.

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Going Concern

APRIL 5, 2024

The Early Career Rising Star honoree is Vivian Newton, who received both her bachelor’s (2016) and master’s (2017) degrees in accounting, along with an Honors College Degree. She is serving a two-year rotation as a manager in Grant Thornton’s SEC Regulatory Matter Group in Washington, D.C.

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Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

CPA 109

CPA Account accountant accounted 109

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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Going Concern

AUGUST 19, 2022

Audit Watchdog Fines KPMG Korea for Quality Control Failures [ Wall Street Journal ] The Public Company Accounting Oversight Board on Tuesday fined KPMG LLP’s Korea unit $350,000 for failing to set up adequate quality controls to prevent improper changes to work papers. Audit: U.K. The fine was the U.S. 5, the FRC said.

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Going Concern

APRIL 6, 2022

Let’s start with the salary guide to beat all salary guides: the 2022 Accounting & Finance Salary Guide from Robert Half. According to trusty ole Bob, starting pay in each of the 10 public accounting roles included in the 2022 salary guide is expected to rise by an average of between 1.4% Senior tax accountant: 1.4%.

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accountant salary Account accountant accounted 56

Going Concern

OCTOBER 27, 2023

They also expressed doubt IRS would deliver on its promise to not increase audits on those making less than $400,000 per year, promising to hold IRS Commissioner Danny Werfel accountable. “My noting the Democrats’ signature tax and climate law “dumped” $80 billion into IRS accounts. Lisa McCalin, R-Calif.,

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Going Concern

JULY 15, 2022

Audit watchdog to overhaul UK corporate governance code [ Financial Times ] The UK’s corporate governance code will be overhauled for the first time in four years with new rules to make boards more responsible for fraud and their company’s finances, and strengthen accountability for bad behaviour. stock exchanges. Williams. “We

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Going Concern

AUGUST 11, 2023

Accounting and advisory firm Grant Thornton trimmed about 3% of its ranks in June. Firm Watch SingerLewak Grows in Pacific Northwest With Acquisition [ INSIDE Public Accounting ] Los Angeles-based IPA 100 firm SingerLewak (FY22 net revenue of $89.6 million) is merging in Hearthstone CPA Group of Bremerton, Wash.

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Going Concern

AUGUST 4, 2023

Early this year, PwC had more certified public accountants in Austin than anyone else, with 135. 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. Sound convoluted?

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