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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

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.

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AICPA News – Feb. 2024

CPA Practice

CPA firms of all sizes and practice types could choose to recruit entry-level hires into the program. The program is also open to companies, not-for-profits, and government employers who hire CPA-track staff. The discussions will be led by recognized and respected thought leaders in the profession.

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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

public accounting firms, however, turnover has continued to increase. The author’s research found that conflict surrounding work-life balance practices, and perceptions of unfair treatment with regard to their application within a CPA firm, were directly correlated to employee turnover intentions.

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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

Attorney Damian Williams, George Sanossian agreed to conceal clients’ personal incomes and the wages they paid their employees, to reduce federal income taxes and payroll taxes. Q: What advice would you give your student working on their first project as qualified auditor?

CPA 101
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Accounting Jokes, Videos, Puns and Humor

AdviceForTaxpreparers

Why did the auditor get hit by a car when he crossed the road? How did the auditor propose to his girlfriend? Actual call to a CPA. I sold my boat for 100k, do I have to pay taxes? CPA: How much did you pay for the boat? Staff: …… Another CPA call. Help a fellow tax preparer or accounting major.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

He obtained his CPA certification in 1987 and then returned to Smithville to work with Ed Fuqua at his local CPA firm. As CPA firms respond to increased demand for advisory services, shrinking talent pools, baby-boomer retirements and economic challenges, succession plans will continue to be accelerated.