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.

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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

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.

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PYMNTS

NOVEMBER 20, 2020

The name of the game is digitization for organizations across all industries, thanks to the "new normal" of working from home amid the pandemic. At the same time, certain workflows at Chegg were already digital — like payroll — meaning the pandemic hasn't necessarily had a dramatic impact on every area of the financial back office.

NetSuite 87

NetSuite Education auditor accounting and finance 87

Going Concern

JANUARY 26, 2024

How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. This allows auditors to shift attention to more complex and strategic work, like interpreting results and offering experience-based insights to clients.

Account 116

Account accountant accounted audit 116

Going Concern

DECEMBER 31, 2022

Nothing at all like the luxurious gaming chair your firm WFH stipend covered, though let’s be honest that one is harboring some ghost farts too. Will the accountant shortage get so bad that large clients can’t find auditors to hire? Their chairs. Gross, old, shared-space, contains-the-farts-of-coworkers-past chairs.

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