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Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24

Going Concern

“We received news that our external auditor that is assigned to our annual audit is resigning and the firm does not have sufficient staffing to take over our 2022-2023 audit,” Gates-Shult said. Investors had supported the International Accounting Standards Board’s March proposal, saying it would help them assess acquisitions.

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Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals. This news came out on the 17th but we missed it because we aren’t on their PR list. /PwC

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Along this journey, influential organizations such as FASB and International Accounting Standards Board have played a major role in establishing and maintaining GAAP standards across different jurisdictions and industries worldwide. You’re considering an IPO.

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An Exclusive Interview with FASB Chairman Richard Jones

ThomsonReuters

I believe we received three agenda requests over the last several years to do standard-setting in the area of digital assets—not necessarily one main digital asset, but digital assets overall. When we consider whether or not to provide accounting alternatives for private companies, we factor in both the benefits as well as the costs.