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Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.

CPA Practice

s largest consulting firms were among the worst hit as staff hunted down new roles when COVID lockdowns began to ease. Now, Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped. Together, the four firms employ more than 80,000 people in the U.K.,

auditor 59
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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. Learn about integrated internal control, how it can be achieved, the role of the finance function and the importance of the professional accountant’s skillset in achieving it.

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Blockchain in accounting – what does the future hold?

Reckon

While blockchain advancement has been discussed at length for some time now – it’s now very much impacting the world of data and global finances. But what do you know about the emergence of blockchain in bookkeeping and accounting? What the top accounting firms are saying about blockchain.

Account 97
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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

One of the worst things the American Institute of Certified Public Accountants (AICPA) did was change the CPA exam from a two-day to a one-year test,” said Dr. Tim Naddy, vice president of finance at the Savannah Bananas and a professor at Savannah College of Art and Design. The auditor’s opinion is clean. It’s you again.

Texas 57
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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Firms are emphasising communication abilities more than ever in recruiting and training because they understand advisory capabilities directly impact an accountant’s worth. And that’s what DataSnipper looks to solve.”

audit 101