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Friday Footnotes: How Are Firms Actually Using Data Analytics?; KPMG and BDO on the Move | 9.15.23

Going Concern

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. The administration did not present a budget for Internal Audit during the hearings.

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Friday Footnotes: Screw the Office; Auditor Sues EY For Doing Her Job; IRS Levels Up | 9.16.22

Going Concern

regulator for China inspections -SCMP [ Reuters ] PwC Hong Kong and KPMG China are the first accounting firms that will help the PCAOB inspect auditing work for United States-listed mainland companies, the South China Morning Post said on Wednesday. Watkins, is the second largest accounting firm in Mississippi. Accounting Firm M&A.

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PPP Loan Forgiveness in 2022: Will You Have to Pay?

Snyder

It included a money aid, or PPP loan, for small businesses to cover payroll expenses when no revenue hits the balance. The loan-covered period comprised either 24 or 8 weeks, during which they could rely on the funds to cover their payroll costs. They’re called non-payroll costs. What does it mean for you as an SMB owner?

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