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Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.

CPA Practice

s largest consulting firms were among the worst hit as staff hunted down new roles when COVID lockdowns began to ease. Now, Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped. s top accounting firms that month in 2022.

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BDO Says It Is No Longer Doing Business In Russia and Belarus

Going Concern

The latest top accounting firm to turn its back on Russia and Belarus is No. noted today that Unicon is not currently a part of BDO’s global network after BDO divorced itself from the Russian firm last year due to a conflict of interest.

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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. No one wants business advice from someone who just arrived via the midnight flight on easyJet.” ” More Media Megadeals in 2024?

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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. Tupperware noted there is not dispute between it and the firm.

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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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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

Another example: you run a business, and every year your bank requires that you receive an audit from an approved outside accounting firm. The auditor’s opinion is clean. But then it’s determined that some of the numbers provided to the auditors weren’t correct. Or that the auditors failed to fully verify other amounts.

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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. And yet the auditing standards have been going up and there have been very few software solutions and tools built for auditors. And there are the same number of hours to do the work that they have been doing.

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