Going Concern

MAY 12, 2023

He will be starting as an investment-banking analyst for the technology, media and communications team in New York City at Lincoln International this summer. Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Is AI going to replace me? [

CPA 111

CPA Account accountant accounted 111

Going Concern

NOVEMBER 11, 2022

‘There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ]. Many auditors responding to the FERF study noted an increase in effort by their teams (68%). India Launches Audit Inspections After Spate Of Scandals [ Bloomberg Tax ].

audit 96

audit auditor Louisiana cpas 96

Going Concern

SEPTEMBER 22, 2023

Michael Harlow to Lead Cannabis Practice at CohnReznick [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has named Michael Harlow as leader of its cannabis industry practice. Greiner was a client-relationship manager for Croft and Frost for a year and a half.

audit 102

audit accounting and finance Virginia auditor 102

Going Concern

DECEMBER 5, 2022

In an article for CoinDesk , Francine McKenna took a crack at why the FTX debacle happened, and like she always does when there ’s really bad accounting at a company going through a financial crisis, who are/were the auditors: It’s not clear why FTX commissioned two different audit firms to audit its 2020 and 2021 financial statements.

audit 52

audit auditor financial statements public accounting 52

Going Concern

JULY 10, 2023

New to Crain’s top 25 is New York-based KPMG. The audit, tax and advisory services firm reported a 6.4% Other leading accounting firms such as New York-based Deloitte and Ernst & Young also reported upticks in their Chicago headcounts. increase in its Chicago workforce, with 2,863 local employees.

Account 94

Account accountant accounted CPA 94

Going Concern

JULY 28, 2023

He graduated summa cum laude in accounting from Baruch College with numerous other academic awards and a continuing passion for wrestling, Ping Pong and handball. He was drafted into the army in 1952 and returned to the accounting firm in 1954. Now I’ve learned that with accounting you can travel and meet people and that drew me in.”

Gambling 96

Gambling audit Technology accounting firms 96

Going Concern

JANUARY 16, 2024

Accountants from EY and PwC are braced for questioning by the public inquiry into the Post Office scandal, which is expected to turn its attention to the embattled institution’s external auditors later this year. As reported by Canadian Accountant, Marcum agreed in September 2023 to pay $1.2 ” Introspection huh?

Account 117

Account accountant accounted audit 117

Going Concern

JANUARY 6, 2023

“When you have a massive financial collapse like FTX, there are going to be many, many institutions—and perhaps individuals—who allegedly profited improperly along the way,” said Samuel Issacharoff, a New York University law professor. Money Diary: A Senior External Auditor On 54k [ Refinery29 ]. Firm M&A. Melanson, P.C.

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

Going Concern

JANUARY 23, 2023

Brazilian retailer and PwC client Americanas filed for bankruptcy, its three largest shareholders said over the weekend they had not known of $4 billion in accounting inconsistencies. “We didn’t know of and would never allow any accounting manipulation in the company”, they said in a statement. You’ve got this!

public accounting 115

public accounting Account accountant accounted 115

Going Concern

JUNE 23, 2023

Office Hours: CPA Firms Shift Toward More In-Person Collaboration and More Square Footage [ INSIDE Public Accounting ] Three years after accounting professionals were forced home by COVID and then back to the office, at least part of the time, firms are beginning to settle into a new normal.

cpa firm 105

cpa firm CPA auditor North Carolina 105

Going Concern

JANUARY 20, 2023

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. In 2001, the Pentagon said it would address the issue by 2005.

auditor 98

auditor Technology audit financial statements 98

Going Concern

SEPTEMBER 16, 2022

EY fired auditor for not approving illegal transactions, says a new lawsuit [ Reuters ] Ernst & Young LLP has been sued by a former partner who says she was forced out of her job for refusing to sign off on client transactions that violated tax and securities laws. Slow clap… Crypto.

auditor 95

auditor Iowa audit Mississippi 95

Going Concern

APRIL 22, 2024

Drawing in more underrepresented minorities — The accounting profession does not mirror the diversity within the US population, and NPAG seeks to increase the number of underrepresented minorities who choose a career in accounting.

auditor 101

auditor Account accountant accounted 101

Going Concern

OCTOBER 9, 2023

appeals court on Friday revived a single claim in an investment analyst’s lawsuit accusing Bank of New York Mellon Corp of improperly sharing a valuation tool he created with Deloitte, allowing the consulting firm to reverse-engineer his work. A three-judge panel of the New York-based 2nd U.S.

Account 69

Account accountant accounted Iowa 69

Going Concern

JANUARY 26, 2024

But federal monitoring is making a comeback under new leadership. 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. There’s a shortage of accountants in the U.S. AI Is your firm keeping pace? KPMG’s U.S.

Account 119

Account accountant accounted audit 119

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.

Government 92

Government Gambling audit CPA 92

Going Concern

JANUARY 27, 2023

Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [ Financial Times ] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month.

auditor 111

auditor accounting firms Account accountant 111

Going Concern

NOVEMBER 10, 2023

They also expect auditors to understand and evaluate processes and controls, analyze transaction-level data for anomalies, and test more data in real-time,” said Scott Flynn, KPMG vice chair—Audit, in a news release. Now’s the time so check out Accountingfly’s top remote accounting candidates of the week.

audit 117

audit accounting and finance auditor Mississippi 117

Going Concern

FEBRUARY 23, 2024

Top Remote Accounting Candidates: February 22, 2024 Law & Order Co-Owner of Media Brokerage Firm Sentenced for Filing False Tax Returns [ Department of Justice ] According to court documents and statements made in court, Susan K. Advice What I did next [ Deloitte ] Deloitte alumnus Aaron Westgate talks about teaching accounting.

CPA 105

CPA Illinois auditor Iowa 105

Going Concern

DECEMBER 9, 2022

Trump Organization found guilty on all counts of criminal tax fraud [ CNN ]. As Grant Thornton continues to embrace a flexible approach to the future of work, our Orlando space provides the amenities our people need to focus and collaborate in an office setting,” said Olivardia, who is also the firm’s Florida Tax partner in-charge.

CPA 96

CPA Florida auditor audit 96

Going Concern

APRIL 10, 2023

Whitley Penn struck a deal with the New York attorney general to hand over documents subpoenaed in the state’s $250 million civil suit over the former president’s asset valuations. How could they miss the interest-rate risk?”

Technology 59

Technology Account accountant accounted 59

Going Concern

APRIL 8, 2022

Polymetal International’s Auditor Deloitte Resigns Citing Russian Operations [ MarketWatch ] Polymetal International PLC said Friday that its auditor Deloitte LLP has resigned with effect from April 7 as it won’t be able to carry out the audit process as most of the company’s assets and operations are in Russia.

Iowa 52

Iowa auditor cpa firm CPA 52

Going Concern

JANUARY 13, 2023

The Abradin association said it was denouncing Americanas for what it called a “multi-billion fraud,” while also asking regulator CVM to investigate the retailer’s auditor, PwC. Trump’s Company Gets Maximum Punishment for Evading Taxes [ New York Times ]. Accounting Today Opinion ].

audit 105

audit Account accountant accounted 105

Going Concern

OCTOBER 27, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. noting the Democrats’ signature tax and climate law “dumped” $80 billion into IRS accounts. Lisa McCalin, R-Calif., His comment was a response to a question from Rep.

CPA 99

CPA auditor accounting and finance audit 99

Going Concern

MARCH 15, 2024

. — but for less than three years [ San Francisco Chronicle ] Accounting giant KPMG has renewed its lease at its longtime San Francisco office building after considering other locations. The New York-based company extended its 125,000-square-foot lease at 55 Second St. through September 2026, a spokesperson confirmed.

auditor 115

auditor audit cpas Iowa 115

Going Concern

APRIL 5, 2024

“No single initiative will solve the profession’s talent shortage,” Sue Coffey, CPA, CGMA, AICPA & CIMA’s CEO–Public Accounting, said in a news release. Finance ] Aitzarelys Negrón, certified public accountant (CPA) and founder of Strategies and T.E.A.,

auditor 97

auditor audit Oklahoma CPA 97

Going Concern

FEBRUARY 2, 2024

Paul McNab, formerly tax partner for 22 years, is challenging a key clause in the firm’s retirement plan that denies pension payments to partners – which are worth around $140,000 a year – if they leave to work for a “major competitor”. In the middle of a busy tax season, it would only take a few seconds—and just one click.

audit 120

audit Tax Texas Massachusetts 120