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

Going Concern

economy, including employment, labor income, and tax contributions to federal, state, and local governments. “The PCAOB’s annual forum enables us to connect directly with auditors of small businesses and broker-dealers about their critical role in protecting investors. Williams said in a news release.

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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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KPMG Fined Again As Financial Watchdog’s Future Remains Unclear

PYMNTS

. “Ethical standards are critical in supporting the confidence that third-party users can reasonably have in financial statements in circumstances where, of necessity, they only have incomplete information to judge whether the auditor is, in fact, objective,” said FRC Interim Executive Council Claudia Mortimore in a statement.

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Accounting Scandals Lead UK To Review Watchdog Powers

PYMNTS

A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the government watchdog aimed at overseeing auditing and accounting practices in the country. Reports in Reuters this week said the U.K.

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