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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

As the accounting industry continues to move away from commoditized audit and tax services to value-based delivery of holistic business solutions, technology is key to enhancing this value through increased efficiencies and heightened support of our role as trusted business advisors. Trump business got at least $7.8

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Accountants Behaving Badly: Egg Accountant Finally Cracked, and Lots of Embezzlement

Going Concern

PLUS: KPMG is accused in a lawsuit of “appalling” audit work that allowed a U.S.-listed Weston, a former accountant at Hillandale Farms, engaged in the scheme with his late secretary and bookkeeper — known in court records only as VP — to steal $6.8 KPMG sued for $830mn over ‘appalling’ Chinese audit [ Financial Times ].

Account 52
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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

The demand for virtual bookkeeping assistants are on the rise, as these professional independent contractors can remotely manage the day-to-day finances of a firm, such as preparing balance sheets. creating general ledgers, organizing financial statements, and handling pricing and invoicing. The firm was fined about 212 million yuan ($30.8