Going Concern

OCTOBER 19, 2022

The PCAOB has made it painfully clear that they are done pussyfooting around and sick of auditors not doing their jobs. Chair Erica Williams said in September the Board plans to use every tool at their disposal to bring the hammer down on naughty auditors and it seems that’s exactly what they’re doing.

audit 111

audit auditor Gaming 111

PYMNTS

NOVEMBER 27, 2019

The ‘Game of Keystrokes’ Strategy. Our work] is a game of keystrokes,” Noymer said. “If The expense reporting capabilities and controls enable the organization to illustrate effective spending practices to oversight groups such as external auditors, the Massachusetts attorney general and tax return preparers.

Gaming 52

Gaming Massachusetts tax return Spend Management 52

Going Concern

SEPTEMBER 29, 2023

KPMG offered video game training to some employees. After creating a video game character, players “travel” around the globe, answering questions about the firm and earning points for every question answered correctly. Players receive instant feedback and a detailed explanation of questions answered incorrectly.

auditor 111

auditor audit New York CPA 111

Going Concern

AUGUST 8, 2023

Instead of our collective chest thumping about how independent auditors are paragons of integrity, we should examine humbly the human situation. Another incident involved an E&Y auditor and her romantic entanglement with the CFO of the firm being audited. Also see my essay “ The Myth of Auditor Independence.”)

auditor 97

auditor Account accountant accounted 97

Going Concern

FEBRUARY 16, 2023

But now the watchful eye of the FRC is burning a hole in the back of auditors’ heads at the smaller firms and the receivers are not happy about it. The regulatory pressure is becoming unbearable,” says a senior auditor at one mid-tier firm of the demands from FRC supervisors.

audit 104

audit auditor Gaming Technology 104

CPA Practice

JANUARY 31, 2024

Top 20 accounting firm Armanino today released Audit Ally, a proprietary tool designed to automate and improve the efficiency of Service Organization Control 2 (SOC 2) examinations for both the client and the auditor.

auditor 59

auditor audit Technology Gaming 59

Going Concern

DECEMBER 22, 2023

Audit At PwC, it’s the revenge of the auditors [ Australian Financial Review ] For decades, Sue Horlin watched her PwC consulting colleagues bring in the prestige clients, high-profile assignments and the big fees. Burned Investors Ask ‘Where Were the Auditors?’ Documents related to the Senate inquiry were released Friday.

auditor 111

auditor audit accounting firms accounting and finance 111

Menzies

DECEMBER 6, 2023

In addition to maintaining their ‘independence’ so to give a fair view of any audited accounts, the auditor should make sure they are questioning the information they are given and apply some ‘professional scepticism’ to the audit process whilst also seeking corroborating evidence at the appropriate time.

audit 52

audit auditor accounting and finance chartered accountant 52

Airbase

DECEMBER 6, 2023

A cleaner audit trail: Airbase’s ability to automatically create an audit trail for every transaction is essential for Doximity — and their auditors appreciate it. “Our Our auditors have said Airbase is one of the best tools that they work with,” said Alex. Let us show you how it works — ask for a demo !

NetSuite 130

NetSuite NetSuite Integration accounting and finance AP Automation 130

Going Concern

SEPTEMBER 20, 2023

Oh no, it’s a whole other game. There’s the CIA (no, not that CIA, but the Certified Internal Auditor), the Certified Responsible Government Auditor (CRGA), and the Certified Government Financial Manager (CGFM) are also valued. Ever thought about the unique hustle of government auditing?

Government 124

Government audit CPA auditor 124

Going Concern

NOVEMBER 12, 2023

Those firms are: IPA Rank Firm Revenue 9 CliftonLarsonAllen $1.7 billion 10 Baker Tilly $1.6 billion 11 Crowe $1.3 billion 12 CBIZ + MHM $1.2 billion 13 Marcum $1.2 billion 14 Moss Adams $1.1 FORVIS picked a few of these clients up (that we know of, probably more) so it makes no sense that they’d end up back where they were.

Missouri 130

Missouri auditor audit Gaming 130

CPA Practice

AUGUST 9, 2023

“In the midst of an unprecedented talent shortage gripping our profession, private companies are struggling to find a trusted auditor and often turn to their tax or non-attest accounting firm for guidance,” says Brian Yujuico, vice president and senior chief auditor of AuditClub.

audit 52

audit Account accountant accounted 52

Going Concern

FEBRUARY 2, 2023

“Accountants and auditors are to business as those people in the black-and-white-striped shirts are to sports. “Without accounting and without finance, there are no rules to the game. It’s like playing a game, and you make up your rules as you go along. We’re the referees of business.

Account 105

Account accountant accounted Sports 105

Accounting Insight

MARCH 19, 2024

Inflo was founded in 2015 by two ex-Big Four auditors: Mark Edmondson and Graham Clark. These game-changing findings will shape the future of our industry, and we can’t wait to share them with such an engaged audience. How did you get started? We’re also launching brand-new research at Accountex!

audit 64

audit Technology auditor accounting firms 64

Going Concern

JULY 7, 2022

There’s a story in the New York Times today about how EY “devised an elaborate arrangement” for nonprescription drugmaker Perrigo to avoid more than $100 million in taxes, an arrangement that was questioned by Perrigo’s then-auditor BDO. That’s not the role of an independent auditor.”. Quick aside: LYNN TURNER.

auditor 64

auditor audit Non-Profits Construction 64

Airbase

MARCH 2, 2023

Female accountants and auditors now outnumber their male counterparts. Many women in finance are at the top of their game. If they couldn’t care less if I’m at a basketball practice after school, but they really want me at that game on Saturday or Sunday, I’ll make a point of being at that game, without my phone. “My

Finance 130

Finance accounting and finance Gaming auditor 130

Going Concern

DECEMBER 9, 2022

Britain’s biggest companies and their auditors are playing a £10bn game of musical chairs. Mandatory auditor rotation was introduced by the EU in 2016, aimed at eliminating supposed cosiness between companies and auditors. Companies “would need to continually educate new auditors on their businesses and risks”, it added.

CPA 98

CPA Florida auditor audit 98

CPA Practice

JANUARY 18, 2023

The season and games are longer today, but beyond that, not much else has changed in more than 120 years of professional baseball. In much the same way, MLB executives can barely get out of the batter’s box when considering new ways to play the game and keeping today’s audience interested. The number of U.S. Advanced technology.

public accounting 119

public accounting Account accountant accounted 119

ThomsonReuters

MARCH 6, 2024

AI in tax compliance is a top priority Artificial intelligence (AI) is a game changer for improving efficiency, cited as the top priority of tax and accounting professionals in our recent Future of Professionals report, with 75% of respondents in corporate tax teams rating it as a key concern.

Tax 88

Tax corporation tax Technology auditor 88

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. Somehow, a PricewaterhouseCoopers LLP affiliate didn’t catch it at Americanas SA.

Florida 105

Florida Tax North Dakota Account 105

Going Concern

JUNE 17, 2022

Although a good chunk of PwC UK’s vacancies are in audit just like every other firm (there is an active and worsening auditor shortage in the US despite 66% of recently-graduated new hires being placed in audit), they’re not getting desperate about it like those other firms. Top grades are nice but not a prerequisite per Baxter.

audit 59

audit Gaming auditor CPA 59

Going Concern

JULY 11, 2023

And here’s their game plan: As an initial step in remediation of this material weakness, we are engaging temporary third-party resources with the appropriate level of knowledge and experience in accounting and internal control matters to complement the existing organizational structure.

Account 139

Account accountant accounted financial statements 139

CPA Practice

NOVEMBER 9, 2023

We’re also unveiling enhancements that will support auditors with automated detection of anomalies in audits,” van Rijn continued. This will not only save auditors time, but it will elevate confidence in results, and reduce risk for firms.” Auto-categorization in TaxCaddy will be generally available to customers in the U.S.

Technology 52

Technology tax preparation corporation tax auditor 52

PYMNTS

MAY 10, 2018

The company also didn’t share information about the hack with auditors and outside counsel and failed to maintain disclosure controls and procedures designed to ensure that reports from Yahoo’s security team were properly assessed in a timely manner for potential disclosure.

Gaming 40

Gaming auditor Maine 40

Going Concern

MAY 5, 2023

The models can read documents and pull-out information that auditors are looking for. “It State-owned enterprises (SOEs) and listed companies should be more thorough in reviewing the ability of auditors “to safeguard information security” and “strengthen controls of sensitive information”, regulators said on Thursday.

audit 111

audit cpas auditor Mississippi 111

Going Concern

NOVEMBER 10, 2023

They also expect auditors to understand and evaluate processes and controls, analyze transaction-level data for anomalies, and test more data in real-time,” said Scott Flynn, KPMG vice chair—Audit, in a news release. Now’s the time so check out Accountingfly’s top remote accounting candidates of the week.

audit 122

audit accounting and finance auditor Mississippi 122

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. And part of the plan includes tailgating at football games.

audit 111

audit Colorado CPA Texas 111

Going Concern

SEPTEMBER 5, 2023

Wipfli is upping its risk management game : Wipfli LLP (Wipfli) announced today it has acquired Sheshunoff Consulting + Solutions’ risk management and loan review services divisions. Earlier: Someone Tell Hong Kong There Is Not an Unlimited Supply of Offshore Accountants and Auditors Alright that’s enough of that for today.

Account 64

Account accountant accounted chartered accountant 64

Going Concern

SEPTEMBER 9, 2022

adults will socialize with friends in the metaverse [ VentureBeat ] People may not know what the metaverse holds for them beyond games, but the vast majority of U.S. Supply and Demand. This would be helpful from a customer standpoint, especially if you think about integrated reporting.”. KPMG: 78% of U.S.

audit 98

audit chartered accountant auditor New York 98

Going Concern

MARCH 21, 2023

It isn’t just another game, it’s a different sport. It doesn’t seem like a stretch to look out and see a future where no one except the wealthiest clients prepare tax returns with human interaction or where large company audits are performed by auditor teams that can fit around a coffee table instead of a conference table.

Account 115

Account accountant accounted tax return 115

Going Concern

OCTOBER 31, 2022

Speaking of games: A few things we’re working on this week: As mentioned above, we’re keeping a close eye on BDO, don’t be surprised if you see a story or two this week. It has to work.” States spent millions on Deloitte’s ‘anti-fraud’ Covid unemployment systems, billions in fraud happened.

Account 105

Account accountant accounted audit 105

Going Concern

JUNE 30, 2022

Here’s an excerpt from an email Grier sent to all EY employees the day before the Super Bowl: During a year unlike any other, I’m looking forward to one tradition that holds strong this weekend – watching Sunday’s Big Game! She ended the email by saying, “Please tune in on Sunday and enjoy the game!” That commercial? Not so much.

Gaming 105

Gaming auditor Kansas audit 105

PYMNTS

NOVEMBER 2, 2018

The shell game is one where sleight of hand causes one to lose their shift. So it is in the business world, where shell games of a different sort can wreak havoc on a victim’s corporate coffers. Those items, per the auditor statement, were not allowed under the university’s procard policies. News came Thursday (Nov.

auditor 67

auditor audit Massachusetts Florida 67

Going Concern

MAY 6, 2022

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. Barchilon bought Ralph a ticket and they went to the game in style–in a stretch limousine. billion claim against Big Four auditor EY for alleged negligence.

auditor 52

auditor audit CPA Real Estate 52

ThomsonReuters

JUNE 16, 2023

With the help of AI, auditors can shift away from sampling to reviewing all of a client’s transactions in real time, in a way that no human could. This leads to improved outcomes as auditors can better identify risky transactions, anomalies, and deliver higher-quality audits.

Technology 98

Technology Account accountant accounted 98

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 111

CPA Account accountant accounted 111

Going Concern

DECEMBER 6, 2023

The sample size is a bit small — two coauthors interviewed 13 actual and former men auditors in three Big 4 and two mid-tier auditing firms — but we all know these baker’s dozen men aren’t uniquely reluctant to take leave. OK so what can be done about it? One suggestion: tone from the top. ” Excellent.

audit 116

audit accounting firms accounting careers auditor 116