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Emerging Company M&A: Pre-Sale Accounting Best Practices for Buyers and Sellers

CPA Practice

Companies contemplating a possible sale transaction are best served by proactively having an external auditor complete the financial statement audit and/or review for periods relevant to the transaction. Expenses — Sellers need to ensure that they have performed an accurate cut-off analysis to ensure expenses in the proper period (i.e.,

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On the move: RRBB adds partner

Accounting Today

FLORIDA Stefano Comotti was appointed chair of the global board of the Institute of Internal Auditors, Lake Mary, for 2025-26. ILLINOIS Jennifer Witts was hired as a partner in the client advisory services practice at CohnReznick, Chicago. Nomination information is available here.

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David Hartley Appointed to the SIU Foundation Board of Directors

Anders CPA

David Hartley, CPA, CISA, advisory partner-in-charge at Anders CPAs + Advisors (Anders), has been appointed to the Southern Illinois University (SIU) Foundation Board of Directors effective July 1, 2024. David is a Certified Public Accountant in the state of Missouri and is also a Certified Information Systems Auditor (CISA).

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Friday Footnotes: CPA Says Stop ERC Fearmongering; Deloitte Cussed Out For ‘Grueling Culture’; Worst Books Ever | 2.23.24

Going Concern

Q: What advice would you give your student working on their first project as qualified auditor? Circuit Court of Appeals as the court weighs a shareholder petition, opens new tab to revive a class action claim against BDO for allegedly making false statements in the auditor’s 2013 certification of AmTrust’s financials.

CPA
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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

This is according to the Illinois CPA Society (ICPAS), which surveyed 449 employers and 433 accounting and finance employees last summer and released its results last month. public accounting firms, however, turnover has continued to increase. Despite the implementation of these practices in U.S.

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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24

Going Concern

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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Friday Footnotes: How Much Big 4 Spent on Lobbying Last Year; Super Bowl Bets; CFOs Feeling Good | 2.9.24

Going Concern

However, the professional services firm refused, after claiming the report contained privileged and confidential information. The Use Of AI By Financial Executives And Their Auditors [ Forbes ] Artificial Intelligence (AI) is starting to have the capabilities to improve both financial reporting and auditing. billion 401(k) plan.