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Friday Footnotes: Crippling Staff Shortages in Consulting; Hold Auditors Accountable; AICPA is Mad | 8.12.22

Going Concern

Hold Auditors Accountable for Complicity in Corporate Fraud [ Bloomberg Tax ] Unfortunately, since the fall of Arthur Anderson in the wake of the Enron scandal, the SEC and PCAOB have often failed to go after auditors playing fast and loose with the rules. Here’s how recruiters and career experts recommend that you proceed.

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

Going Concern

The NYT report’s focus was that private auditors from large firms failed and consistently missed child labor law violations. Auditors moved quickly and left before children arrived for overnight shifts, or they were not sent where minors worked.

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Friday Footnotes: KPMG Pays High Schoolers 20 Bucks an Hour; Deloitte Cyberattacked Too; IRS on ERC | 7.28.23

Going Concern

The combination of too few professionals and high demand is pushing firm leaders to merge up, outsource tax work and hire non-CPAs, among other strategies. They seem to be working so far, as firms are growing fast and producing impressive financial results. Such suggestions are false. appeared first on Going Concern. .

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What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. From there, you’ll communicate with your auditor and provide the documents they ask for. Hire a catch up bookkeeping service that also has tax CPAs. Learn everything you need to know about IRS audits and receipts below.

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What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. From there, you’ll communicate with your auditor and provide the documents they ask for. Hire a catch up bookkeeping service that also has tax CPAs. Learn everything you need to know about IRS audits and receipts below.

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Friday Footnotes: Client Hid ‘Damning’ Audit; Predictions for the Profession; Accounting Firm Gets Compromised | 4.15.22

Going Concern

For example, the AICPA’s idea of expanding its membership by opening the certified in financial forensics (CFF) certification to non-CPAs runs counter to the exclusivity of the CPA brand. auditors and for not aligning closely enough with recently-issued international rules. The pay isn’t worth the educational investment.