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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

If you’re the face of a Big Four accounting firm to a client, they all think you’re a partner, they think you know tax law and all the rest of it. So with this move, they’ve watered down the applicant pool of future accountants,” he continued. But let’s say there’s a problem with your tax return. It makes sense.

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Monday Morning Accounting News Brief: PwC Picks a Global Chair; Guy Cusses Out KPMG | 10.30.23

Going Concern

Instead, KPMG leaked my private texts – but I stand by every furious word I said Nyunggai Warren Mundine has doubled down after his foul-mouthed text messages to a top accounting firm were leaked. Bloomberg Tax profiled CLA. Tupperware noted there is not dispute between it and the firm.

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. Discovery ends, meaning that the company can get involved in possible M&A without having to worry about a tax penalty. Lucky for you Accountingfly has tons of great accounting talent to choose from.

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Blockchain in accounting – what does the future hold?

Reckon

This means that successful accounting firms will be those who can understand and relay the real-world interpretations and implications of blockchain databases and records. What the top accounting firms are saying about blockchain.

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