Remove auditor Remove cpas Remove Legal Remove public accounting
article thumbnail

Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

Expand the accounting pipeline with a mentorship circle [ Journal of Accountancy ] At a time when the CPA pipeline is running slow, mentoring can be a powerful tool to recruit potentially interested students into accounting and guide them to careers in the profession. The SEC approved the standard on Dec.

cpas 101
article thumbnail

Friday Footnotes: PwC Slashes Partner Class; Accounting Firm Rescues Dog; Do We Still Need CPAs? | 4.19.24

Going Concern

The Big Four accounting firm is considering adding about 85 U.S. The figures include both partners and principals, which are partners who aren’t certified public accountants. CPAs Have a Branding Problem for the Younger Generation [ CPA Journal ] By Jason L. Currently, with a market cap of over $109.5

cpas 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

auditor 108
article thumbnail

Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

The international firm has cited legal professional privilege over a report by law firm Linklaters, but provided more information about the scope of the investigation and the conduct of those it mentions. Atlas CPAs and Advisors undercut the Utah-based auditing firm by $12,000. What Role Should Auditors Play in Corporate Compliance?

article thumbnail

PCAOB Has Handed Out a Slew of Punishments to Audit Firms Recently

CPA Practice

Shortly after criticizing audit firms for the number of errors they made on public company audits reviewed by PCAOB inspectors last year, the audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug. Top 60 accounting firm Blue & Co. 11 for breaking various auditing rules. Snodgrass, Mancera S.C.,

audit 98
article thumbnail

Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

We moved the requirements addressing the engagement partner’s responsibility for due professional care into a separate paragraph to highlight the important role engagement partners play and to help draw a distinction between the responsibilities applicable to all auditors and those that are incremental for engagement partners.

Oregon 76
article thumbnail

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

Going Concern

Advice What I did next [ Deloitte ] Deloitte alumnus Aaron Westgate talks about teaching accounting. Q: What advice would you give your student working on their first project as qualified auditor? Too many times, I have seen people treat others ‘because that’s the way I was treated’. That is in the 19-story KPMG Plaza.

CPA 97