Going Concern

AUGUST 18, 2023

In total, the audit reportedly suggested that 20th Century underpaid TSG “by at least $40 million.” This is a strategy Leiter uses as a leader of the audit, tax and advisory services firm, which he joined from Ernst & Young over 20 years ago. “I Even auditing firms were struggling in how to quantitatively evaluate this stuff.”

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Going Concern

MARCH 8, 2024

Audit SEC Settlement Against Auditing Firm Serves as Reminder of Important Independence Rules [ JD Supra ] On February 29, the Securities and Exchange Commission (the SEC) announced that it settled an administrative proceeding against Lordstown Motors Corps’ former auditor, Clark Schaefer Hackett and Co.

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inDinero Tax Tips

NOVEMBER 15, 2021

However, if you’re claiming ineligible business expenses , you risk facing an audit. The IRS announced a plan to increase audits for small businesses by 50% for the 2020 tax year. Our CPAs Answer Your Top 5 Burning Tax Questions. You’ll also need to account for the costs of shipping, transportation, and storage fees.

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Going Concern

JULY 14, 2023

Offices and workplaces gradually becoming busier, EY study finds [ The Irish Times ] Offices and workplaces around the world are gradually becoming busier, leading to a noticeable increase in public transport usage, according to a study by EY.

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Steve Feinberg

DECEMBER 23, 2022

You never know when you might be subject to an audit, so tracking receipts is vital to proving certain expenses as well as simple inventory management. Not only can improper cash flow management lead to financial troubles and potential bankruptcy if mishandled, but poor accounting can also lead to big tax issues and even potential audits.

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Steve Feinberg

OCTOBER 31, 2022

Consider all the costs your landscaping business needs to operate: labor, equipment, repair fees, transportation costs, utilities, insurance, etc. Our Team of accountants, CPAs, and other business professionals can help with bookkeeping, payroll, taxes, and general business consulting so you can focus on what you do best.

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Going Concern

MAY 6, 2022

The authors posit that one significant factor driving the gender gap in the accounting profession originates with the Uniform CPA Examination. Accordingly, a discrepancy in CPA exam success would indicate a gender gap that arises early in one’s career. “The The report, Interim Results of the 2022 Filing Season (Rep’t No.

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Going Concern

APRIL 14, 2023

Staffing Drama Signal Mountain Won’t Pay Accounting Firm For Extra Work On Audit [ Chattanoogan.com ] Clients are the worst The Signal Mountain Town Council has declined to pay an auditing firm extra money it said was due because of inadequate help from city employees in preparing the annual city audit.

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Anders CPA

DECEMBER 1, 2023

Guillermo (00:02:04) – And like most CPAs, I think I had the opportunity to go into industry or public accounting when I graduated college and I decided to go into industry and got my CPA. And I was pretty fortunate in the sense that when I went into corporate, I was working for a company that liked to move people around.

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Ryan Lazanis

AUGUST 22, 2022

It’s nice to have an audit trail of the discussion and to be able to collaborate in-app versus in-email. Taxdome An all-in-one practice management software for accounting firms, bookkeepers, and CPAs. It has an accessible document audit trail that registers when the document was opened, the modifications made, and the user.

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Going Concern

APRIL 8, 2022

Polymetal International’s Auditor Deloitte Resigns Citing Russian Operations [ MarketWatch ] Polymetal International PLC said Friday that its auditor Deloitte LLP has resigned with effect from April 7 as it won’t be able to carry out the audit process as most of the company’s assets and operations are in Russia.

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Going Concern

AUGUST 25, 2023

The CONNECT event, held every five years since 2003, allows GCAS employees to stay current with the trends and best practices of the accounting and auditing industry, with intentional application to the needs of the Seventh-day Adventist Church. The event also allows networking and team-building opportunities for GCAS professionals.

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