Going Concern

MAY 5, 2023

We’ll see how those trends unfold overtime as the economy continues to shift,” says Adam Batechlor, chief strategy and innovation officer at the Pennsylvania Institute of Certified Public Accountants (PICPA), which conducted the survey of more than 300 CPA firms in the state with Hinge Research Institute.

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PYMNTS

JULY 27, 2020

For example, the audit process and the tasks, powers and liability of auditors should be reconsidered,” he said, according to Reuters. “Wirecard is a scandal, and we have to do more to prevent it in the future,” Reuters quoted Weidmann as saying, adding that he called for more powerful auditing and accounting processes.

Pennsylvania 66

Pennsylvania audit auditor Start-ups 66

Withum

SEPTEMBER 16, 2022

For example, New York, Ohio, Pennsylvania, and Washington have increased their efforts to find online retailers who are not complying with the sales tax rules. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax. More Enforcement.

Sales 80

Sales Retail Tax South Dakota 80

PYMNTS

JULY 21, 2020

Once worth $28 billion before it collapsed last month, Wirecard has contracted with Alix Partners, the New York-based forensic accounting firm, to explore the two missing deposits in Philippines banks totaling more than $2 billion uncovered by its auditor Ernst & Young and nearly $4 billion it owes creditors.

forensic accounting 56

forensic accounting Pennsylvania auditor New York 56

Going Concern

APRIL 15, 2024

In the public company audit arena, this transparency is maintained through PCAOB inspections of auditors. The PCAOB inspects the work of the inspectors (auditors) who are inspecting the books of listed companies. But what about the books of the auditor? Newton is now a qualified accountant, and working as an auditor.

audit 64

audit Account accountant accounted 64

PYMNTS

OCTOBER 18, 2019

will step in as interim CEO for the Pennsylvania-based company. Its stock further slipped in February, losing about 45 percent of its value after an SEC filing by the firm revealed that RSM US LLP, the firm’s auditor, resigned over concerns tied to financial reporting. Board member Donald W.

Technology 40

Technology Pennsylvania New York auditor 40

Going Concern

DECEMBER 8, 2023

Auditors say accountant shortage ramps up work pressure: CAQ [ CFO Dive ] A shortage of accountants has intensified pressure and ramped up workloads for accounting teams at U.S. The new standard will help auditors detect fraud and better protect investors now and into the future,” PCAOB Chair Erica Williams said Monday.

cpas 118

cpas Account accountant accounted 118

Going Concern

FEBRUARY 26, 2024

During this two-year audit, the Marine Corps had independent third-party auditors from Ernst and Young vet the value of all its assets listed on financial statements. The PCAOB inspected four EY Canada audits — three in which the firm was the principal auditor — and found deficiencies in two (50% with Part I.A deficiencies).

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audit Mississippi auditor tax return 59

Going Concern

APRIL 26, 2024

Accountant Shortage PIPCA Survey Sheds Light on What Existing CPAs Want and Why Some are Leaving [ INSIDE Public Accounting ] Accounting firm business models need to change to retain and attract CPAs amid the worst talent shortage in recent history, the Pennsylvania Institute of Certified Public Accountants (PICPA) asserts in a new survey.

cpas 104

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Going Concern

JULY 8, 2022

Plus, Pennsylvania accountant loves tax evasion, North Carolina CPA indicted on securities fraud charge, and Kentucky accountant gets jail time for sex trafficking. Delaware Auditor Dodges Felony Charges, Guilty of Misconduct [ Associated Press ]. Accountant sentenced to prison for role in doctor-bribery scheme [ Press-Telegram ].

North Carolina 52

North Carolina Account accountant accounted 52

Going Concern

MARCH 15, 2024

The NYT report’s focus was that private auditors from large firms failed and consistently missed child labor law violations. Auditors moved quickly and left before children arrived for overnight shifts, or they were not sent where minors worked. Fifty-one percent oppose the proposal, compared with 43% who are in favor. Education Sen.

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