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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

Another example: you run a business, and every year your bank requires that you receive an audit from an approved outside accounting firm. The auditor’s opinion is clean. But then it’s determined that some of the numbers provided to the auditors weren’t correct. Or that the auditors failed to fully verify other amounts.

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