Going Concern

DECEMBER 22, 2023

Godinez said KPMG is a firm with a track record and experience helping cities organize large sporting and entertainment events on a global scale. Burned Investors Ask ‘Where Were the Auditors?’ The tax office says that Hirschhorn urged Sayers to personally review internal emails relating to the tax leak in the meeting.

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Going Concern

APRIL 21, 2023

It was among the 64 local governments and utility systems that S&P Global Ratings withdrew ratings for this month for failing to file financial information on time. The withdrawal is “catastrophic,” said Miranda Meginness, Marion’s auditor. In March, the company put Marion and 148 other entities on a negative credit watch.

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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. Comment letters raise serious questions about the consequences of the proposed changes.

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Going Concern

OCTOBER 7, 2024

The AICPA, which requested IRS relief in a comment letter , on Thursday also requested filing extensions from the Financial Crimes Enforcement Network (FinCEN) related to the filing of beneficial ownership information (BOI) and reports of foreign bank and financial accounts (FBAR) for major disaster victims.

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