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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

PwC said on Monday that it had identified 129 breaches of independence rules affecting 74 clients and PCAOB inspectors had found a further one themselves while inspecting audit work in 2022. The figures were included in an update to PwC’s audit quality report, published on its website.

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How to enhance the audit experience

Menzies

Menzies LLP - A leading chartered accountancy firm. Importance of an Audit A lot of business owners think audits are much of a muchness, however their quality can vary significantly. The annual audit is occasionally considered as a commodity purchase.

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Friday Footnotes: Where the Audit Jobs Are; Big BDO Hires; A New Gig For PwC Alum | 9.9.22

Going Concern

Accountants in high demand as average earnings hit almost €120,000 [ The Irish Times ] A survey by industry group Chartered Accountants Ireland in conjunction with accounting firm Barden shows that the average salary package commanded by these professionals rose by €7,000 or 6 per cent to €119,270 last year.

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A day in the life of an Audit Senior

Menzies

Menzies LLP - A leading chartered accountancy firm. HONOR, AUDIT SENIOR I graduated from the University of Portsmouth in 2020 after achieving a First in Accounting with Finance. I start my day by looking at the planner to see what audit I am booked to and then making a list of things I need to accomplish during the day.

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A day in the life of an Audit Junior

Menzies

Menzies LLP - A leading chartered accountancy firm. JENSON, AUDIT JUNIOR I graduated from the University of Portsmouth in 2021 with a 2:1 in Accounting with Finance. I joined Menzies this year as an Audit Junior, after working for a different accounting firm previously. Interested in a career at Menzies?

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Expected changes to company size thresholds from 1 October 2024

Menzies

Menzies LLP - A leading chartered accountancy firm. The changes are intended to reduce the complexity and administrative burden for companies and will directly impact the type of accounts a company is required to prepare and whether the company is required to have a UK statutory audit.

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

pic.twitter.com/FQcm4AXSdg — Barbara Pocock (@BarbaraPocock) February 27, 2024 Chartered Accountants mistakenly let ex-PwC partner avoid investigation [ Financial Review ] Speaking of Peter Collins, AFR is still on the beat like a tick on a dog’s ass. Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S.

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