Going Concern

NOVEMBER 8, 2024

Municipal Messes Delayed audit finds ‘material weaknesses’ in Elton’s finances and procedures [ KPLC (Louisiana)] The town agreed to address such deficiencies including timely adopting an operating budget, hiring someone qualified to prepare financial statements, and submitting required paperwork to the Legislative Auditor’s Office by the due date.

Florida

Going Concern

JULY 18, 2025

Audit Automated auditors: could AI undermine financial reporting? While they invest money and resources, PE firms look for profits in relatively short timeframes, often achieved through cost-cutting. Here in Massachusetts, the collapse last year of Steward Health Care has been widely blamed on its ties to PE.

audit

Going Concern

JUNE 24, 2022

Institutions are exploring the space — KPMG Canada crypto team [ Cointelegraph ] The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members. In response to the issuance of Staff Accounting Bulletin No. 121 (SAB No.

CPA

Going Concern

JUNE 12, 2023

Mississippi auditor Shad White issued a report Thursday that said the state’s public universities spent $23.4 As CPAs, we continually face pressure from clients to keep fees “reasonable.” We analyzed (isn’t that what CPAs like to do?) Found in downtown Philadelphia. We tend to think that means “low.”

Account

Going Concern

MAY 5, 2023

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. The report says CPAs are generally paid more than non-CPAs, but the pay gap between the two shrinks when moving from entry-level to the manager level.

audit

Going Concern

AUGUST 18, 2023

But after TSG noticed a declining return on its investments, the firm hired an independent auditor to look into how 20th Century was calculating its share, the suit says — and “what the auditors found in sampling just three of the 140+ films at issue was clear evidence of Hollywood Accounting.”

Account

Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Nelson & Nelson CPAs is the oldest existing accounting firm established in South Dakota.

Colorado