Withum
JANUARY 25, 2024
Why a Forensic Accountant? Using a forensic account is essential in developing a strategy to handle and defend the findings of a cash-based audit. However, before delving into how they can assist counsel and the client, it’s essential to define what a forensic accountant is.
CPA Practice
JUNE 15, 2023
Weirich, PhD, CPA, as the recipient of the 2023 Distinguished Achievement in Accounting Award for his outstanding teaching, research and service throughout his 50-year career. It is an honor to present this lifetime achievement award to Dr. Weirich. Academic in Residence and Senior Director, Academic and Student Engagement at the AICPA. “We
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Going Concern
SEPTEMBER 18, 2023
The hiring will be for higher-graded revenue agents, which are specialized technical positions that generally focus on audits. This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations.
Going Concern
NOVEMBER 27, 2023
They do so using the concept of substantial equivalency, which is defined in Section 23 of the Uniform Accountancy Act (UAA). These are (1) pass the CPA exam, (2) work for one year under a licensed CPA, and (3) obtain 150-hours of education. This Act sets forth three pillars of equivalency. Quantity Over Quality?
Going Concern
APRIL 22, 2024
Then, its top brass were tearing themselves apart over the demise of Project Everest, the code name given to the firm’s ambitious plan to split its vast consulting and auditing practices. EY was not so convivial this time last spring. In a Friday order by U.S.
Going Concern
JANUARY 26, 2024
Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. AI Is your firm keeping pace?
Going Concern
APRIL 21, 2023
Professor Laura Empson of Bayes Business School retells how these audit firms were beguiled by the glamour and big fees of corporate advisory work. ” Audit PCAOB reveals priorities for 2023 inspections [ Journal of Accountancy ] The PCAOB shared its list of priorities for 2023 audit inspections in a staff report released Monday.
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