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Friday Footnotes: PwC Completes Its Punishment; Hybrid Work Should Stay in 2025; Deloitte Clutters Up the Dark Web | 1.3.25

Going Concern

The series is called Journeys of Accountancy and features accountants who, for example, work for a CPA firm specializing in the legalized cannabis industry in California, an accounting software company that serves the funeral industry, and a company that provides compliance services to the gaming industry.

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Bet on growth through experimentation at firms

Accounting Today

Employees spend their career at a firm working to become partners, and partners have tremendous skin in the game — even linking their retirement to the long-term success of the firm. A traditional accounting firm structure is a partnership, where the timelines for returns are relatively long.

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Friday Footnotes: RSM Partner Says UK Gov Should Sell Off Bitcoin to Pay Debts; No KPMG Law Yet; Flat Salaries For Consultants | 1.31.25

Going Concern

EYs own experience with AI provides important lessons [ Federal News Network ] Audit DWS names EY as auditor despite funds suing firm over Wirecard scandal [ Financial Times ] Deutsche Banks asset manager DWS has named EY as its new group auditor despite taking the accounting firm to court for its involvement in the Wirecard scandal.

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Friday Footnotes: AI More Trusted Than CPAs; We’re Interested in Carried Interest Again; Is Consulting So Back? | 2.7.25

Going Concern

AI Americans trust AI more than a CPA to do their taxes, according to new research [ Fortune ] Only 2 in 5 Americans are confident about their tax filing game, according to a new survey from Invoice Home. The American people benefit when we work to increase government transparency. The accounting software company surveyed 2,000 U.S.

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If You’re Looking For Career Options, Give Government Auditing a Look

Going Concern

note: This post brought to you by the Big Government Auditing lobby. Just kidding, it’s a guest post from Parker Skaats, CPA, an experienced government worker who’s here to pitch the joys of government work to the unwashed overworked masses. Enter the world of government auditing. But government gigs?

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Costs of non-compliance (part 2)

TaxConnex

Now let’s look at how some companies have tried to game the system – and what to do so you don’t have to run that risk. Government Accountability Office’s “Remote Sales Tax: Federal Legislation Could Resolve Some Uncertainties and Improve Overall System,” issued late last year.

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Preparing for Auditors: Best Practices and Key Workpapers for Long-Term Debt, Accounts Payable, and Accrued Liabilities

LSLCPAs

The post Preparing for Auditors: Best Practices and Key Workpapers for Long-Term Debt, Accounts Payable, and Accrued Liabilities appeared first on LSL CPAs.