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Rumor: Mid-Tier Firms Are Getting Out of the Public Company Audit Game

Going Concern

Another tipster said CBIZ was trimming staff in audit “in connection with that” though we didn’t get any numbers because no one ever talks about CBIZ, you probably forgot they existed until just now. The top ten firms collectively audit 68% of the total population. I’ll do some digging in the meantime.

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PCAOB Registration Isn’t a Seal of Approval, Regulator Tells Audit Firms

CPA Practice

A new rule proposed by the Public Company Accounting Oversight Board (PCAOB) on Tuesday would prohibit audit firms from making false or misleading statements regarding their registration status with the regulator to clients and potential clients.

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Navigating the maze of audit compliance

ThomsonReuters

In today’s rapidly changing business environment, firms need to stay on top of their audit compliance. In this blog post, we’ll provide some tips on how to ensure your firm is audit compliant and up to date with the latest industry changes. How do you ensure audit compliance? compatible.

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How IRS Auditors Learn About Your Business Industry

RogerRossmeisl

Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS Audit Techniques Guides (ATGs). A little-known fact is that these guides are available to the public on the IRS website.

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What IRS Auditors Know About Your Business Industry

RogerRossmeisl

In order to prepare for a business audit, an IRS examiner generally does research about the specific industry and issues on the taxpayer’s return. Examiners may use IRS “Audit Techniques Guides (ATGs).” A little-known secret is that these guides are available to the public on the IRS website. Unique issues IRS.

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KPMG U.K. Fined a Record £21 Million Over Carillion Audit Scandal

CPA Practice

million) over its failings in the audit of defunct construction and facilities management firm Carillion Plc by the U.K.’s The Financial Reporting Council said Thursday that the number of errors in the reporting were “exceptional” and “failed to adhere to the most basic and fundamental audit concepts.” s watchdog.

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Bookkeeping Tips for Construction Businesses

Steve Feinberg

Running a construction business isn’t like running other goods or services-centered businesses. Here are a few bookkeeping tips from the professionals at AppleTree Business Services for construction companies. Why Is Bookkeeping Important for the Construction Business? Construction Bookkeeping Tips.