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Friday Footnotes: EY Partners Are Split on the Split; PCAOB Further Annoys Auditors; Recruiting Events Are Back! | 3.31.23

Going Concern

auditors who believe their part of the firm could end up weakened by a deal. audit, tax and advisory firm, as title sponsor in an effort to advance equity, access and opportunity for underrepresented and underrated youth in the sport of golf. John King and Frank Mahoney, senior U.S. He previously held various tax roles at KPMG.

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Our Obsession with Hours Is Destroying the Accounting Profession

CPA Practice

By Blake Oliver, CPA, and Chris Vanover, CPA. CPAs have always been passionate about numbers, using various metrics such as revenue, profit, headcount and realization to measure success. However, this focus on numerical indicators is contributing to the decline of the CPA profession itself.

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KPMG Leads in IPO Audit Clients for Q1 of 2024

CPA Practice

The Big Four firm was the auditor for eight of the 46 IPOs, tops among the 20 different firms with at least one IPO audit client in Q1. KPMG audited Amer Sports, a global group of outdoor wear and sports companies based in Finland, which was one of two companies that raised more than $1 billion in proceeds, known as a “unicorn IPO.”

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Accountants Are the Referees of Business, Says Guy Who Would Know

Going Concern

” To put things into perspective for the normies who may not understand that accountants’ work is critical to the entire foundation of our financial system, he likens accountants to referees, the order-keepers of sports: “We may not always like the referees, but sports is a free-for-all without them,” he said.

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The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

CPA Practice Advisor ‘s Readers’ Choice Awards , now in their 20th year, give our readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses. Many respondents chose more than one event.

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Listen Up, Young Accountants: Career Advice For Sticking Out Those Early Years

Going Concern

Maginnis recalls early in his career when Newt Becker, founder of the Becker CPA exam prep courses, told him that every year spent in public accounting is the equivalent of two years in private industry. It could be sports and entertainment, tech companies, life science companies.” But by bailing out too soon, you miss it.

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Monday Morning Accounting News Brief: EY Morale Is Suffering After Layoffs; Ignoring Audit Quality? | 3.11.24

Going Concern

Minnesota’s proposal to add a second pathway to CPA licensure that doesn’t require 150 hours of education is moving forward in the MN Senate. The authors posit that one significant factor driving the gender gap in the accounting profession originates with the Uniform CPA Examination. He’s right on that last point tho.

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