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Paul Munter to Take Over as SEC Chief Accountant

CPA Practice

As chief accountant, Munter will continue to lead the Office of the Chief Accountant and serve as the principal advisor to the SEC on accounting and auditing matters. I look forward to continuing to support work that improves the quality of financial reporting and auditing domestically and internationally.

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Miami Businessman Charged With Hiding Millions in Swiss Bank Accounts, Evading Taxes

CPA Practice

By Jay Weaver, Miami Herald (TNS) A wealthy South Florida businessman was arrested over the weekend on charges that he defrauded the U.S. government by hiding millions of dollars in Swiss bank accounts and lying to the IRS about his foreign assets for decades, according to federal authorities. He’s not going to flee.”

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

The Asian country recently urged state-owned enterprises to phase out Big Four contracts and hire locally instead in a bid to rein in foreign accountants amid what it called data security concerns. KPMG, PwC and Deloitte got less than 4% each, according to data from the Chinese Institute of Certified Public Accountants analyzed by Bloomberg.

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Friday Footnotes: Opinions!; EY’s Blockchain Aspirations; KPMG Junior Reprimanded | 9.30.22

Going Concern

Unlike anybody else, we’re actually building tools and applications in this space, so we built, for example, our own blockchain audit platform, where we can do on-chain and off-chain transaction reconciliation,” said Paul Brody,blockchain lead at EY. Rehmann merges in Vestal & Wiler [ Accounting Today ]. Accountant Life.

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Friday Footnotes: XOXO, Accountants; PwC Wants Tax Cuts; KPMG Stacks Partners | 7.1.22

Going Concern

Marking a Half-Century of Capital Markets Integrity [ Barron’s ] Former chair of the Financial Industry Regulatory Authority and trustee and chair of the Financial Accounting Foundation John J. GAAP, or generally accepted accounting principles. Brennan writes: The bedrock of that reporting regime is U.S.

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Friday Footnotes: EY Doesn’t Regret a Return to Office; Consulting Cut Backs; AI Will Not Replace Accountants | 8.11.23

Going Concern

This has been a very successful decision with KPMG doubling in size since then assisting our growing client base in areas including audit services, advisory and business and tax advisory.” Auditors today disclose critical audit matters. billion sale of the Commanders to Harris and his group of approximately 20 limited partners.

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What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

As many IRS audits and prosecutions have shown, this is not the case. The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

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