MyIRSRelief

JULY 3, 2023

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

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Going Concern

APRIL 15, 2024

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. Right now, they don’t.

audit 64

audit Account accountant accounted 64

Going Concern

DECEMBER 8, 2023

Auditors say accountant shortage ramps up work pressure: CAQ [ CFO Dive ] A shortage of accountants has intensified pressure and ramped up workloads for accounting teams at U.S. companies while hindering recruitment and retention, according to 78% of audit partners surveyed by the Center for Audit Quality.

cpas 118

cpas Account accountant accounted 118

Going Concern

MARCH 15, 2024

This was the brave part of the statement PwC boss Kevin Burrowes made on Wednesday as he announced another 366 partners and employees would be cut at the embattled firm to right-size the shrinking business. a company obtains milk from a dairy farm processor; the auditors audit the processor but not the dairy that supplies the milk).

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auditor audit cpas Iowa 116