article thumbnail

Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.

CPA 76
article thumbnail

Friday Footnotes: How Much Big 4 Spent on Lobbying Last Year; Super Bowl Bets; CFOs Feeling Good | 2.9.24

Going Concern

Australian authorities allege PwC is ‘deliberately hiding’ tax scandal report [ Financial Times ] Australian authorities alleged in a senate inquiry into a PwC tax scandal that the accountancy firm is “deliberately hiding” a report detailing how leaked government information was used outside the country. “Win big? 1, 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

Canadian Accountant explains it better than anyone here could : The move comes exactly 10 years after the former Institute of Chartered Accountants of Ontario announced the creation of Chartered Professional Accountants of Ontario. may “gut” the program of electives and the national accounting exam.

CPA 56
article thumbnail

Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22

Going Concern

Bam is a chartered accountant and an outstanding South African. Then it becomes a choice of giving it to the government or building the house of your dreams.”. Federal agents raid San Luis Obispo accounting firm [ CalCoastNews ]. Nelson Mandela Foundation appoints ex-Deloitte Africa boss Bam as new trustee [ IOL ].

article thumbnail

Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

Deloitte revenue from federal government contracts for calendar year 2021 as reported to AusTender amounted to $265.3 Louis also held himself out to be an accountant who prepared tax returns for pay or as a favor to friends.

article thumbnail

Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

pic.twitter.com/FQcm4AXSdg — Barbara Pocock (@BarbaraPocock) February 27, 2024 Chartered Accountants mistakenly let ex-PwC partner avoid investigation [ Financial Review ] Speaking of Peter Collins, AFR is still on the beat like a tick on a dog’s ass. The need for business model transformation in accounting firms.

audit 94
article thumbnail

Friday Footnotes: Where the Audit Jobs Are; Big BDO Hires; A New Gig For PwC Alum | 9.9.22

Going Concern

Accountants in high demand as average earnings hit almost €120,000 [ The Irish Times ] A survey by industry group Chartered Accountants Ireland in conjunction with accounting firm Barden shows that the average salary package commanded by these professionals rose by €7,000 or 6 per cent to €119,270 last year.

audit 78