Going Concern

MARCH 1, 2024

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. This declaration was made due to inadequate financial statements and records that hindered the completion of an audit.

audit 103

audit Nebraska auditor chartered accountant 103

Going Concern

JANUARY 16, 2023

An accountant used his position in the accounting department of the Volunteer Energy Cooperative (VEC) in Tennessee to steal nearly a million dollars, he used a refund scheme to transfer money into his personal checking account and make payments to his credit cards and his wife’s credit cards. I eventually resigned last week.”

Account 90

Account accountant accounted auditor 90

Going Concern

NOVEMBER 3, 2023

News Trump sons deny knowing of financial statements at heart of $250m fraud trial [ The Guardian ] Trump’s eldest sons claimed on Thursday that they had no knowledge of the financial statements at the heart of the family’s $250m fraud trial. I think I was 26 years old,” he added. Who knows!

financial statements 100

financial statements Tax audit CPA 100

Going Concern

MAY 26, 2023

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. Marcum had audited Riot’s consolidated financial statements for the fiscal years between 2018 and 2022.

public accounting 84

public accounting Account accountant accounted 84