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Friday Footnotes: Auditors Can Prevent Fraud With Fibbing; AI Rollup Accounting Firms Are So Hot Right Now | 6.20.25

Going Concern

Max 60 tax audits per partner likely: ICAI [ The Economic Times ] A partner of an accounting firm will be allowed to take up a maximum of 60 tax audits in a year from FY27, Institute of Chartered Accountants of India (ICAI) president Charanjot Singh Nanda said. Fred Sitzberger’s story is anything but ordinary.

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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

Kaarin Kontio Evens (Minnesota), a graduate of Macalester College with a Bachelor of Science in chemistry, a Bachelor of Arts in music and a Master of Science in chemistry from University of Wisconsin, Madison (with additional business coursework at Augsburg University), is employed with Lottsa Tax and Accounting Services in Minneapolis, MN.

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AICPA News – June 2023

CPA Practice

Kaarin Kontio Evens (Minnesota), a graduate of Macalester College with a Bachelor of Science in chemistry, a Bachelor of Arts in music and a Master of Science in chemistry from University of Wisconsin, Madison (with additional business coursework at Augsburg University), is employed with Lottsa Tax and Accounting Services in Minneapolis, MN.

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AICPA News – July 2024

CPA Practice

Will Koehler (Wisconsin), a graduate of the University of Wisconsin–Madison with a Bachelor of Business Administration in accounting and a Master of Accountancy employed with KPMG in Milwaukee, WI.

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Friday Footnotes: How to Add ChatGPT to Excel; RSM Wins Awards; Auditor Independence Pitfalls | 4.7.23

Going Concern

“If liquidity issues arise for these banks, they may need either to issue additional debt capital at higher interest rates or to sell those loans to become more liquid,” said Tom Linsmeier, an accounting professor at the University of Wisconsin and former member of the Financial Accounting Standards Board.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

That sparked a very thoughtful response from Jason Reis, a partner at Reis & Reis CPAs in Wisconsin, that I’m going to quote at some length, because he raises some very interesting points: “Our firm has both remote and flex employees, and it has worked out well,” he wrote.