Going Concern

SEPTEMBER 6, 2023

Apparently South Carolina has joined them. To summarize most of the article: barrier to entry, US workforce hemorrhaged 334,000 accountants and auditors in two years, pipeline pipeline pipeline, blah blah. And Julie Blaha, Minnesota state auditor: “This is now a severe shortage, and it is causing a tsunami of problems.

Minnesota

Going Concern

FEBRUARY 17, 2023

Audit Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority [ Wall Street Journal ] The Public Company Accounting Oversight Board is facing calls to be the regulator that brings supervision to bear on auditors of cryptocurrency companies, even as the majority of crypto businesses fall outside its jurisdiction. “It

Legal

Going Concern

MAY 12, 2023

China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue. based IPA 100 firm Schellman of (FY21 net revenue of $101.9

CPA

CPA Practice

MARCH 21, 2023

Harris, The State (TNS) After South Carolina Comptroller General Richard Eckstrom’s office made a multibillion mistake, a panel of Senate budget writers are suggesting the Republican be removed from his position and the office stripped of several responsibilities. In South Carolina, the comptroller general is an elected office.

South Carolina

Going Concern

MAY 19, 2023

Each received the same set of questions, aimed at measuring what share of crypto’s upper echelon employs a third-party auditor and has an independent board. Around half of the businesses surveyed currently engage an independent auditor to assess their finances, the findings showed. Chinese companies switch auditors to avoid U.S.

auditor

Going Concern

OCTOBER 14, 2022

PYA, a Top 100 accounting firm and one of the nation’s largest privately held healthcare consulting firms, is pleased to announce it is opening a seventh office location in Charlotte, North Carolina. A longer, meatier report from auditors was introduced over the past decade in both the US and Europe.

auditor

Going Concern

JANUARY 26, 2024

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. This allows auditors to shift attention to more complex and strategic work, like interpreting results and offering experience-based insights to clients.

Account

Going Concern

SEPTEMBER 20, 2024

Image: Bloomberg Tax Ex-Deloitte auditor reveals gruelling 20-hour shifts, working till 5 am amid EY row [ Hindustan Times ] The tragic death of a 26-year-old EY Pune employee has sparked a conversation around work pressure and demanding corporate culture. Accountingfly can help!

accounting and finance

Going Concern

OCTOBER 7, 2024

The IRS is providing disaster relief for individuals and businesses affected by Hurricane Helene, including all of Alabama, Georgia, North Carolina, and South Carolina. The relief also covers 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia. Cool, now do one about offshore work.

Account

TaxConnex

JANUARY 28, 2025

An auditor looking at that contractors records and segregate the transactions, pointing out that this wasnt a real property improvement but a sale and installation of TPP where you, the contractor, should have charged tax on your property. Auditors pay sharp attention to nuances like this. Sales/use tax reciprocity.

North Carolina