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EY Debuts Corporate Crypto Accounting, Tax Solution

PYMNTS

Corporate accounting and consultancy firm Ernst & Young is rolling out a new accounting solution designed to help businesses manage their crypto assets. EY announced in a press release this week that its new crypto accounting tool targets the tax preparation process.

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KPMG To Shutter UK Small Business Accounting Unit

PYMNTS

Corporate accounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. According to the publication, KPMG’s Small Business Accounting (SBA) service, which launched in 2014, will be closed in the U.K. will remain unaffected. .

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Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

Circle K planning to eliminate corporate accounting jobs in Columbus and other North American locations [ The Republic ]. Circle K is eliminating potentially dozens of corporate accounting jobs from its US Midwest Region office on West Jonathan Moore Pike in Columbus, The Republic has confirmed.

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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

Whitley Penn Admits Eight to Partnership [ INSIDE Public Accounting ] Fort Worth, Texas-based IPA 100 firm Whitley Penn LLP (FY22 net revenue of $189.6 Customers of the Falasz Tax and Accounting company say they’re upset because the company didn’t file their taxes on time in April and then missed the October extension date.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

The parliamentary scrutiny made household names of high-fliers who had become used to operating under the radar of public opinion or corporate accountability. The big four partnerships lack the reporting strictures of a listed company, yet operate as trusted assessors of their financial probity.