Going Concern

OCTOBER 25, 2024

Firm Watch Whistleblower says big accounting firm hid evidence that a Saudi co-defendant helped finance 9/11 [ Florida Bulldog ] So this is…a lot. Big Four firm cuts jobs in Tampa in firm-wide layoffs [ Tampa Bay Business Journal ] This confirms what we were told about PwC delaying layoffs in Florida due to Hurricane Milton.

accounting and finance

Accounting Today

JULY 25, 2025

FLORIDA Stefano Comotti was appointed chair of the global board of the Institute of Internal Auditors, Lake Mary, for 2025-26. Nomination information is available here. ILLINOIS Jennifer Witts was hired as a partner in the client advisory services practice at CohnReznick, Chicago.

Rhode Island

Accounting Today

JULY 10, 2025

Jacksonville, Florida: Ana Juanita Andrade-Reyes, a Honduran national illegally in the U.S., By Michael Cohn 7h ago Audit Auditors with unusual names deviated from rules, study finds Auditors with uncommon first names tended to take a divergent approach to the rules, reducing earnings comparability, according to a new study.

Tax

Going Concern

NOVEMBER 1, 2024

Audit Private Equity’s Ties to Companies’ Auditors Have Never Been Closer. joins forces with Forvis Mazars in Florida [ Forvis Mazars ] Forvis Mazars is expanding its presence in Florida with the addition of MSL, P.A., MSL has a 50-year legacy of building deep relationships with its clients across Florida.

audit

Going Concern

JANUARY 31, 2025

Local accounting firm expands in North Palm Beach County [ South Florida Business Journal ] Kaufman Rossin CPA + Advisors, one of Floridas largest independent accounting and advisory firms, has opened an office in Palm Beach Gardens. Moving forward, the New York team will continue to serve its business and tax clients.

cpa firm

Accounting Today

JULY 8, 2025

Baltimore, Charlotte, and South Florida. By Michael Cohn 2h ago Audit IAASB revises auditor fraud standard The International Auditing and Assurance Standards Board has revised its standard on the auditors responsibilities relating to fraud. We are very excited to have the Piascik team join CohnReznick.

Technology

Going Concern

OCTOBER 30, 2024

This is particularly troubling given that BDO serves as the independent auditor of many public and private companies. Phan was improperly pressured to recognize Credits as revenue to artificially boost revenue numbers.

Healthcare

Going Concern

FEBRUARY 7, 2025

Gregg Township faced difficult questions about how such a large sum of taxpayer funds went unaccounted for so long, including by auditors who annually examine the townships financial picture. The American people benefit when we work to increase government transparency.

cpas

Accounting Today

JULY 3, 2025

FLORIDA Karen Lake Karen Lake began her tenure as the 98th chair of the Florida Institute of CPAs, Orlando, on July 1. opens new office in Chattanooga; and more news from across the profession. CALIFORNIA Nick Satterfield was promoted to partner at Wheeler Accountants, San Jose, where he started as an intern in 2014.

Technology

Accounting Today

MAY 7, 2024

The Public Company Accounting Oversight Board sanctioned three auditors from Florida accounting firm Liggett & Webb for violations involving audit evidence, professional skepticism, and other matters.

auditor

TaxConnex

DECEMBER 10, 2020

The case was referred to investigators after an auditor found that the business hadn’t filed quarterly sales tax returns or remitted sales tax collected for that period. Nothing has changed yet, but one can expect that Florida may change their tune over the next year. billion budget shortfall. billion budget shortfall.

Sales

TaxConnex

MAY 18, 2021

but with the addition of economic nexus in Florida to start later this year, and Missouri set to potentially follow suit, the realization that money received from economic nexus liabilities is definitely top of mind for states. already seen an increase in the number of audits in the past two years. evidence of tax jurisdictions’?ramping

audit

TaxConnex

JULY 9, 2024

Some states, such as Florida and Texas, can give one due date for payment and another for the return, meaning you could find yourself with an unexpected penalty. Regarding reconciliation of data to your sales tax returns, auditors don’t generally look at returns, but you still should prepare your return as accurately as possible.

Sales

TaxConnex

MARCH 16, 2021

Even the only two states with a state-wide sales tax that have held out from enacting economic nexus – Florida and Missouri – may be edging toward making sellers collect and remit sales tax. One of your customer s undergoing its own sales tax audit might produce one of your invoices, resulting in the auditor possibly contacting you.

South Dakota

Going Concern

FEBRUARY 10, 2023

Audit Americanas’ $4 Billion Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record [ Bloomberg ] A $4 billion accounting shortfall would typically raise alarm bells for an auditor. The post Friday Footnotes: Florida Man’s Tax Problem; Accountants Are Walking Out; BDO Assures on Tether | 2.10.23

Florida

Accounting Today

JUNE 10, 2024

The Public Company Accounting Oversight Board levied sanctions and $150,000 in penalties against L&L CPAs and three of its auditors for violating its rules and standards.

Florida

Going Concern

DECEMBER 29, 2023

Kill the Audit Industry, Says Ex-Auditor published June 1, 2023 #4. Let’s Speculate Wildly About Why All the BDO USA Partners Are Getting Together for a Secret Meeting in Florida (UPDATE) published August 8, 2023 And the biggest story of the year was… #1. PwC Has Not Paid Its Interns (UPDATED) published July 10, 2023 # 5.

auditor

Going Concern

JANUARY 23, 2023

“Banks and auditors never reported any problems.” SEC ] North Carolina’s elected state auditor Beth Wood has a court date next week after she was cited for misdemeanor hit-and-run and another traffic-related charge when police said she hit a parked car.

public accounting

CPA Practice

JULY 1, 2025

OBannon The Florida Institute of Certified Public Accountants (FICPA) has named Karen Lake, CPA, CFST, as the 98th chair of the organization, effective July 1, 2025. Prior to joining the firm in 2009, she held positions with Deloitte, KPMG, Arthur Anderson, the Eckerd Corporation and the Florida Department of Revenue.

Technology

Going Concern

DECEMBER 1, 2023

Local accounting firm acquires longtime Orlando CPA company [ South Florida Business Journal ] One of the largest accounting firms in South Florida acquired a longtime Central Florida CPA company. Then an auditor will come in and charge as much as we do and only do one-tenth of the work.

cpas

TaxConnex

JANUARY 31, 2023

Upon graduating from NCSU, I joined the NC DOR as an auditor in August of 1990. After two years in south Florida, my wife and I (both being from NC) were compelled to move closer to home and start a family. Gain insight into Jeff's career and his plans for our future as well as how sales tax has evolved over the years.

Florida

Going Concern

JULY 29, 2024

As an example of the turbulence in the market, cannabis company Bellrock Brands announced that it had changed auditors from Manning Elliott LLP, which has been censured, to Macias Gini & O’Connell LLP, also censured, due to audit delays. This news came out on the 17th but we missed it because we aren’t on their PR list.

CPA

Going Concern

MAY 20, 2024

Auditors are required to include a going-concern warning if they believe there is a risk that the company may go bankrupt, rather than making a prediction that it will. The quality control standard represents the give and take of a decade’s worth of consideration on how to improve audit quality among auditors of public companies.

audit

CPA Practice

AUGUST 6, 2024

Rumph received his bachelor’s in accounting and business administration from Graceland University, as well as his master’s in accounting with a concentration in forensics, from the Florida Atlantic University.

Pennsylvania

Going Concern

SEPTEMBER 25, 2023

Court records show that Urban is currently in custody in Florida, serving a prison sentence for defrauding a previous employer of more than $283,000, and using the embezzled money to pay for court-ordered restitution for a prior embezzlement.

tax preparation

Going Concern

OCTOBER 1, 2022

Rehmann, a Top 40 Firm based in Troy, Michigan, is continuing to expand its footprint in Florida by adding Vestal & Wiler, a firm based in Orlando, effective Nov. At trial, Vatican auditor says he was shocked by misuse of funds [ Catholic News Service ]. Rehmann merges in Vestal & Wiler [ Accounting Today ].

Non-Profits

Going Concern

SEPTEMBER 9, 2022

Although New York, Texas, and California dominated the number of jobs being offered for the roles analyzed, Florida was the only state to appear in the top five in each of the four positions reviewed. Supply and Demand. Accounting department has record year at annual Meet the Firms event [ St. Cloud State TODAY ] A RECORD.

audit

CPA Practice

JUNE 10, 2024

This case is another example of the PCAOB holding firms and auditors accountable for violations of core PCAOB rules and standards.”

audit

PYMNTS

NOVEMBER 2, 2018

1) that a probe by international auditors is underway, examining a fraud that could be $200 million in scope at Aegean Marine Petroleum Network , tied to shell companies that ostensibly did business with the shipping fuel firm. Those items, per the auditor statement, were not allowed under the university’s procard policies.

auditor

Going Concern

MAY 12, 2023

China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue. based IPA 100 firm Schellman of (FY21 net revenue of $101.9

CPA

Going Concern

APRIL 1, 2024

It’s Joy Merriner’s job as an independent auditor with the firm BDO to go through the city’s financial statements and make sure they are fair and accurate. For at least one program, the city is at risk of running out the clock on its fourth extension with the state to close out its 2022 books. Simply put, Deloitte should not be in this case.”

Account

PYMNTS

NOVEMBER 26, 2018

A new report suggested a surprising correlation between executives’ accounting expertise and the risk of those misstatements, and researchers said the findings could be key to auditors , financial regulators and corporate directors. In their “Do Auditors Recognize the Potential Dark Side of Executives’ Accounting Competence?”

managerial accounting

Going Concern

FEBRUARY 12, 2024

Canadian Accountant put out a piece on the auditor shuffle using some Ideagen Audit Analytics data : While the annual data provided to Canadian Accountant by an American data analytics firm always contains a few fascinating odds and ends — and that year was no different — the most recent data available presented a mystery.

auditor

Going Concern

APRIL 6, 2022

Senior auditor: 1.6%. Auditor, 1-3 years’ experience: 2.2%. Entry-level auditor: 1.6%. Tax accountant, 1-3 years’ experience: 1.6%. Entry-level tax accountant: 2.6%. Audit and assurance services. Senior manager/director: 1.6%. Manager: 1.4%. Washington, DC; Maryland; and Virginia. salary increase over 2021.

accountant salary

Going Concern

APRIL 3, 2023

EY fined, banned from some audits in Germany over Wirecard scandal from Reuters : Germany’s accounting watchdog on Monday handed the 2016-2018 auditor of Wirecard, named in the company’s annual reports as EY, a 500,000 euro fine ($541,650.00) and banned it from taking on new audits for companies of public interest for two years.

auditor

Going Concern

JULY 5, 2023

The Florida State Fire Marshal is investigating a suspicious fire at Orange Park CPA in the Jacksonville burbs. From CPA Journal: ICYMI | Independence Matters Auditor Independence is integral to the financial reporting system and trust in the capital markets. The fire is “suspicious in nature,” reported Action News Jax.

auditor

Going Concern

NOVEMBER 17, 2022

Hopefully Uncle D will do a bang-up job this time for the state of Michigan, unlike some of the other state unemployment benefits systems it has handled (or mishandled) like Florida, Illinois, Colorado, and California. But the ABC affiliate in Tampa Bay reported in July 2021 that Florida had paid out $1.9

Rhode Island