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As KPMG UK Gets Hit With a Record Fine, the Boss Admits the Auditing Was “Very Bad”

Going Concern

The saga of KPMG and collapsed client Carillion has finally come to a close with an announcement today that the Financial Reporting Council is hitting the firm with a £26.5 KPMG Audit Plc was also hit with a fine — £3.5 million — as were the two audit partners in charge of the Carillion work for years 2013-2018.

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Tax specialists familiar with R&D tax credits, stock options, and angel investor regulations are key for tech businesses to navigate their unique financial landscape. Retail and Hospitality: LA’s vibrant culture attracts tourists and locals alike, fueling the retail and hospitality sectors.

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Top Remote Accountants of the Week | May 16, 2024

Going Concern

FTE Senior Accounting and Tax | Candidate ID #5311425 Certifications: CPA, QB ProAdvisor Education: BA Accounting, MS Accountancy Experience (years): 10+ years public accounting Work experience (detail): 2+ with national firm 10 years working with large C-Corp clients 5+ years with SMB and HNWIs tax prep and advisory 4 years with own practice with (..)

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Promotion Watch ’24: Moss Adams Adds 20 Partners to the Roll

Going Concern

Dion provides audit, review and attest services to public and private companies in a variety of industries including technology and life sciences, government, not-for-profit, hospitality and corporate social responsibility. Financial Services Practice). Financial Services Practice). Financial Services Practice).

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Monday Morning Accounting News Brief: Bad Audit Haunts EY; Big 4 RTO in India; Why Can’t PwC Hire?? | 3.20.23

Going Concern

The Ghost of Audits Past is haunting the EY split : EY’s plans to split its auditing and consulting arms have been dragged into a $2.7 billion lawsuit brought in London by the administrators of troubled hospital operator NMC Health PLC over concerns EY would be unable to pay if it loses the case.

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Monday Morning Accounting News Brief: Pissed Off Wipfli Employee Got the Office Shut Down; New PwC Flight Rules | 12.11.23

Going Concern

Mandatory audits don’t provide protection the entities mandated them think they do according to new research. In new research, Matthias Breuer, Anthony Le, and Felix Vetter find that when companies are required by the government to seek a third-party financial audit, they turn to lower quality auditors.

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Friday Footnotes: EY Cancels Christmas; A Very Sucky PwC Report; Should We Tax Robots? | 12.23.22

Going Concern

Hiring, travel for internal events, training and staff Christmas parties have been targeted as part of efforts to curb expenses at the audit and consulting firm ahead of the break-up known as “Project Everest”, people familiar with the matter told the Financial Times. The process, known as confirmation, is part of nearly every audit.

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