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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. 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”.

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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

One of the worst things the American Institute of Certified Public Accountants (AICPA) did was change the CPA exam from a two-day to a one-year test,” said Dr. Tim Naddy, vice president of finance at the Savannah Bananas and a professor at Savannah College of Art and Design. “The But let’s say there’s a problem with your tax return.

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