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Friday Footnotes: EY Partners Are Split on the Split; PCAOB Further Annoys Auditors; Recruiting Events Are Back! | 3.31.23

Going Concern

auditors who believe their part of the firm could end up weakened by a deal. audit, tax and advisory firm, as title sponsor in an effort to advance equity, access and opportunity for underrepresented and underrated youth in the sport of golf. John King and Frank Mahoney, senior U.S. He previously held various tax roles at KPMG.

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Auditors Ready To Drop Riskiest Corporate Clients

PYMNTS

As pressure continues to mount on the so-called Big Four corporate auditors in both Australia and the U.K., Grant Thornton is expected to divest Sports Direct as a client next month amid rising concerns over the company’s accounting practices, with the auditor separately announcing plans to take a “line by line” review of its clients.

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Our Obsession with Hours Is Destroying the Accounting Profession

CPA Practice

Students unwilling to pay the high cost to obtain a master’s in accounting sign up for courses in areas such as sports or personal development to achieve the extra 30 semester hours required to become a CPA. Aspiring auditors and experienced professionals alike are recognizing the shortcomings of the educational and billable hour metrics.

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Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

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.

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Accountants Are the Referees of Business, Says Guy Who Would Know

Going Concern

.” To put things into perspective for the normies who may not understand that accountants’ work is critical to the entire foundation of our financial system, he likens accountants to referees, the order-keepers of sports: “We may not always like the referees, but sports is a free-for-all without them,” he said.

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Listen Up, Young Accountants: Career Advice For Sticking Out Those Early Years

Going Concern

The hallmark of a great auditor is not just understanding debits and credits, but understanding how the client makes money and the economics and the cash flows,” added Maginnis. “A It could be sports and entertainment, tech companies, life science companies.”

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Friday Footnotes: Firms Get a Jump on Hiring; RTO Firms Outsourcing ?; BDO Settles 401(k) Suit | 12.22.23

Going Concern

Godinez said KPMG is a firm with a track record and experience helping cities organize large sporting and entertainment events on a global scale. Burned Investors Ask ‘Where Were the Auditors?’ The tax office says that Hirschhorn urged Sayers to personally review internal emails relating to the tax leak in the meeting.

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