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Why Economic Volatility Opens Up Opportunity For The Modern Corporate Accountant

PYMNTS

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

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Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned

PYMNTS

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

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CPAClub Launches CPA Matchmaking, Opens Membership Model to Private and Public Companies

CPA Practice

Innovative Solutions for Modern Challenges Corporate accounting and internal audit departments are navigating an increasingly complex and high-pressure business environment. As standards evolve and regulatory demands intensify, the competition for skilled accountants, advisors and auditors has reached new heights.

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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business. Tupperware hired the Big Four auditor on Jan. 5 letter from district administrator Joe Phillips to Chief Auditor Joris Jabouin.

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23

Going Concern

Audit PCAOB offers forum for auditors; SEC releases several updates [ Journal of Accountancy ] Days after issuing a proposal to strengthen individual accountability for firm violations in audits, the PCAOB has announced a livestreamed forum aimed at educating auditors on how to avoid deficiencies.

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UK Tightens Accounting Standards As Corporate Collapses Continue

PYMNTS

auditors than are currently mandated under international standards. In a statement, the FRC’s Chief Executive Stephen Haddrill said, “High-quality audit protects the public interest, meets the needs of users of financial statements and underpins investor confidence.

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Guide to accountant responsibilities

ThomsonReuters

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Recording expenses and preparing financial reports. Working with external auditors. Accountant vs. CPA vs. tax preparer: What are the differences? Recording disbursements and payments.

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