Going Concern

MARCH 22, 2024

The decision will likely set up another showdown with Australian politicians who have strongly criticised the firm for not sharing the report, and frustrate government departments that have believe it should be shared. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St.

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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

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Following is a summary of the key areas of comment.

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Going Concern

MAY 19, 2023

Special Report: KPMG Canada beats Big Four accounting rivals in net new client gains [ Canadian Accountant ] For the second year in a row, KPMG Canada has surpassed its Big Four rivals in net new audit client gains, helping to offset the loss of a controversial company as an audit client.

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Going Concern

OCTOBER 1, 2022

Ernst & Young Wants to Be ‘The Best on Earth at Ethereum’ Says Firm’s Blockchain Lead [ Decrypt ]. KPMG junior in Carillion forgery case should have questioned orders, tribunal says [ Financial News ]. PCAOB seeks comments on interim attestation standards [ Journal of Accountancy ]. Accountant Life.

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Going Concern

APRIL 7, 2023

Big Four Auditors and Consultants Need Liability—And a Divorce [ Bloomberg Tax ] Part of the problem is the revolving door of personnel between the major accounting firms and the banks they purport to audit. ’s accounts drew scrutiny from regulators, the firm’s plan to secure a U.K.

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Going Concern

JUNE 17, 2022

While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL. Do mid-sized firms not know how to use email? It’s a tidal wave that’s going to hit a lot of firms if they’re not paying attention.”.

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