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CPA Practice
JANUARY 18, 2023
The season and games are longer today, but beyond that, not much else has changed in more than 120 years of professional baseball. After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.
Going Concern
MARCH 15, 2024
Social compliance audits have become a multibillion-dollar global industry, as corporations hire firms—sometimes confidentially—to perform hundreds of thousands of workplace safety inspections each year and solve potential public relations issues when supply chain or labor matters surface. Seven percent are not sure. Education Sen.
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Going Concern
SEPTEMBER 29, 2023
EY sets up six-way race to lead firm after break-up failure [ Financial Times ] The candidates include the leader of EY’s Canadian business and the heads of its American consulting and financial services practices, said people familiar with the list, setting up multiple challenges to the early frontrunner Andy Baldwin, a longtime Di Sibio deputy.
Going Concern
SEPTEMBER 15, 2023
At the meeting, the Board will consider issuing for public comment a proposal to amend PCAOB Rule 3502, Responsibility Not to Knowingly or Recklessly Contribute to Violations. A number of accounting firms,1 public companies, professional membership associations and other key stakeholders raised concerns.
Going Concern
JANUARY 26, 2024
Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. AI Is your firm keeping pace? How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations.
Going Concern
DECEMBER 9, 2022
Britain’s biggest companies and their auditors are playing a £10bn game of musical chairs. When the music stops we will have learnt something about how seriously we should take the Big Four accountants’ opposition to audit market reforms. Early evidence suggests the accountants’ objections were wide of the mark.
Going Concern
MAY 5, 2023
We’ll see how those trends unfold overtime as the economy continues to shift,” says Adam Batechlor, chief strategy and innovation officer at the Pennsylvania Institute of Certified Public Accountants (PICPA), which conducted the survey of more than 300 CPA firms in the state with Hinge Research Institute.
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