article thumbnail

Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

District Court for the district of Connecticut on Oct. 29, alleged that former CFO Donna Dellomo and former controller Yoon Um, both CPAs, failed to properly record the cost of shipping finished products from Lovesac’s distribution center to its end customers. Lovesac to settle accounting violation suit brought by SEC for $1.5

Florida 98
article thumbnail

On the move: HCVT hired CAS co-leader

Accounting Today

CANADA CPA Canada and FP Canada, Toronto, signed a new memorandum of understanding to enhance collaboration between the accounting and financial planning professions, offering professional accountants who are part of CPA Canada opportunities to enhance their credentials, along with improved access to FP Canada courses and conferences.

Insiders

Sign Up for our Newsletter

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

article thumbnail

On the move: RRBB adds partner

Accounting Today

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan.

article thumbnail

Professionals on the Move – July 2025

CPA Practice

Schulten is a 2006 graduate of the Georgetown University Law Center with a concentration in Securities and Financial Regulation and holds a bachelor of arts in history with honors from Trinity College in Connecticut. Thanks for reading CPA Practice Advisor! He is admitted to the New York State Bar and the U.S. Supreme Court.

article thumbnail

The state of the 'Big Beautiful Bill' and more

Accounting Today

You had a lot of Republicans from the high tax states, New York, New Jersey, Connecticut, Illinois, California. So they have attorneys, CPAs, enrolled agents, a couple of others which are very minor. (28:39): 28:39): So CPAs, there were 204,522 CPAs with thein. million since September of 2010. That is 25 point 33%.

article thumbnail

The secrets of turbo-charged growth

Accounting Today

Mahoney Sabol also credits its growth to M&A, though the Glastonbury, Connecticut-based firm also has the edge in market differentiation, according to co-founder and managing partner James Mahoney. But really the key thing for us is in this market — were in central Connecticut — theres so much consolidation in the industry.

article thumbnail

On the move: Baker Tilly appoints next MP of tax

Accounting Today

Connecticut Society of CPAs installs board of directors; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.