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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

The international firm has cited legal professional privilege over a report by law firm Linklaters, but provided more information about the scope of the investigation and the conduct of those it mentions. City Manager Tom Sarvey said every three years, the city is required to review its contracted auditing firm.

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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.

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Business Leaders Chosen To Scrutinize UK Accounting Watchdog

PYMNTS

have been chosen to lead the inquiry into the nation’s accounting watchdog and assess whether the body is effective at identifying and preventing accounting issues. This composition has not an ounce of radical reform in it,” said University of Suffolk professor of accounting Atul Shah in an interview with the publication.

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23

Going Concern

Michael Harlow to Lead Cannabis Practice at CohnReznick [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has named Michael Harlow as leader of its cannabis industry practice.

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Friday Footnotes: Big 4 Culture Gets Slammed Again; Audit Leads the Way in AI; Small Firm Gripes | 11.10.23

Going Concern

Firm Watch Plante Moran Names New MP [ INSIDE Public Accounting ] Southfield, Mich.-based CohnReznick Names New Chief People Officer [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has brought on Kimberly Kilkenney as a principal and its new chief people officer.

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Ways to prevent financial reporting errors

ThomsonReuters

Public accounting and consulting firm Baker Tilly outlines several preventative measures that can be taken. Keep a close watch for potentially susceptible areas in the financial reporting processes. One of the most effective ways to ensure accuracy in financial reporting is to have the right tools and resources in place.