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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [ Financial Times ] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month.

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Accountant Vs. Controller: What's the difference?

Basis 365

Non-controller accountants generally perform more straightforward accounting tasks than controllers. These responsibilities include internal reports, cost accounting, tax auditing, and cost accounting. Each CPA can also manage other bookkeepers and understand how to complete their bookkeeping tasks.

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Which Are the Most In-Demand Accounting Jobs Right Now?

Snyder

This role requires you to keep records, as well as process them to generate reports, financial statements, and financial planning for operations such as staff salaries, budgets, costing, and forecasting. Auditor The role of an auditor is two-fold. Now, isn’t that motivation enough to get you into the field of accounting?

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Average Bookkeeper Salary in the United States

Snyder

Department of Labor’s Bureau of Labor Statistics (BLS), bookkeepers and accounting clerks will experience almost a 4% employment decline in the decade 2018-2028, compared to a projected 6,4% increase in accountants and auditors during the same period, which is shown in the table 1.