Going Concern

DECEMBER 15, 2023

Cheaters What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million million to settle exam cheating scandal [ Canadian Accountant ] The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45

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Going Concern

SEPTEMBER 30, 2024

UK audit cops at the Financial Reporting Council (FRC) have told firms they’re expected to rat themselves out if the firm is in discussions with private equity about handing over ownership, reported FT. “The FRC is not in principle against a greater participation of external private capital in the UK audit market.”

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Going Concern

AUGUST 30, 2023

The Congressional request specifically noted interest in large accounting firms. The request, received by TIGTA on February 18, 2022 urged TIGTA to “open an inquiry into the revolving door between the country’s top accounting firms and the Federal Government and to inform Congress and the public about [TIGTA’s] findings.”

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Going Concern

MARCH 9, 2022

The latest top accounting firm to turn its back on Russia and Belarus is No. The former Russian member firm operates entirely independently under the name of Unicon. We will work to support our clients in fulfilling our legal obligations and commitments. BDO is removing BDO Belarus from its global network.

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Accounting Insight

SEPTEMBER 29, 2023

Sitting in this space means it’s entirely possible that you might hear the telephone conversations being made or received – including who the receptionist is talking to, who they are transferring calls to and which services the caller might need, perhaps insolvency support, audit expertise or tax advice.

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Going Concern

AUGUST 30, 2024

26 in state Superior Court in Passaic County, Richard Hekemian alleges that Sills Cummis & Gross, based in Newark, “overcharged and overbilled” him, including through double and multiple billing “for the same legal services, or simply ‘padding’ the invoices.” In the four-count suit filed Aug.

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Going Concern

MAY 30, 2025

Working as an auditor at one of Britains top accounting firms was once among the most prestigious jobs in the City [Ed. In return for scrutinising the accounts of major companies to spot any potential fraud or irregularities, accountants were rewarded with good pay, long-term stability and steady progression.

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