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Friday Footnotes: Know Your Value; Retired EY Partners Complain; ‘Rest For Success’ | 2.3.23

Going Concern

Ironically, Ergo’s auditor is Mazars, a big rival of Grant Thornton among the second tier of Irish accounting firms. Grant Thornton were auditors until McCann became Ergo’s chairman in 2015. When I went on the board here we had to resign as auditors.” The number of non-CPA professionals employed by the St.

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

On June 6, 2023, the PCAOB issued for public comment a proposal ( PDF ) that would amend PCAOB auditing standards related to the auditor’s responsibility for considering a company’s NOCLAR, including fraud. However, this incident should not be seen as an indictment of the CPA profession or the use of licensed accounting firms.

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The Accounting Technology Lab Podcast – Review Of AssurancePrep – April 2024

CPA Practice

So you know, in terms of Brian, I know you’ve introduced yourself for years as a recovering auditor. And I can tell you that we’ve worked for years trying to hire additional internal auditors, we had the budget, we couldn’t find the people. And, you know, along the line, then, if it’s an audit related piece, they’re in it.

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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

Audit Bitcoin Miner Riot Dumps Auditor for ‘Big Four’ Accounting Firm [ Blockworks ] Riot Platforms is looking to switch accounting firms as the landscape for crypto company auditors remains in flux. US banking failures: the role of big auditors in another financial crisis [ The Conversation ] Atul K. million over a decade.

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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

CPA Tom Janney Announces Retirement [ WJLE ] Local stories like these are so cute. Longtime local CPA Tom Janney has announced his retirement from the tax and accounting side of Janney & Associates, CPAs, PC, a business he started in 1992 but sold to another firm fourteen months ago. Happy trails, Tom!

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Friday Footnotes: The Salary Problem Catches Up to Firms; Deloitte Changes Its Mind; KPMG Punished (Again) | 3.18.22

Going Concern

It seems that shift is here to stay — creating both challenges and opportunities for CPAs engaged in audit work. investors who say audit failures let the oil and gas company overstate some asset values, according to documents filed in federal court in Tennessee. ASIC’s investigation into Big Un is ongoing.

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Friday Footnotes: EY Doesn’t Regret a Return to Office; Consulting Cut Backs; AI Will Not Replace Accountants | 8.11.23

Going Concern

million) is merging in Hearthstone CPA Group of Bremerton, Wash. A federal judge has closed the door on an attempt by prominent Tennessee attorney Gordon Ball to send unclaimed cash from a class action lawsuit to the University of Tennessee at Knoxville. Auditors today disclose critical audit matters.

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