article thumbnail

Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

Investigators say Williams’ work came under suspicion when the Louisiana Legislative Auditor and an independent auditor were unable to reconcile his reports on the court’s finances for the year 2020. Many records and documents requested by auditors were not provided by Williams and had been transferred to his personal laptop.

CPA 105
article thumbnail

Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

What Role Should Auditors Play in Corporate Compliance? ProMarket ] The Public Company Accounting Oversight Board has proposed an amendment to its auditing standards that requires auditors to assume a larger role in corporate compliance. Things are about to get a lot harder for Minnesota CPAs and everyone who depends on them.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

When initially confronted by GOCA, who requested access to the Quickbooks account, Butt allegedly claimed her computer wasn’t working and made other excuses to deny access, police said. I sincerely apologize to both women for my behavior. It was inappropriate.” Former CFO Pleads Guilty to Embezzling More Than $3 Million from Employer [ U.S.

article thumbnail

Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals. Prosecutors say Phebs Software Services LLC did business as both Phebs Software Services and Quickbooks Accounting.

Account 105