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Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. The following is a discussion of what I have found to be the most common reasons why people leave public accounting.

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Former CFO of Russian Natural Gas Firm Gets 7 Years in U.S. Prison for Tax Crimes

CPA Practice

Mark Anthony Gyetvay, a former CPA in Naples, Florida, has been sentenced to 86 months in prison for a scheme to hide millions of dollars of income in undisclosed Swiss bank accounts and submitting a false filing to the IRS. Additionally, and despite being a CPA, Gyetvay did not file personal tax returns for 2013 and 2014.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Fired: job search or CPA exam? KPMG, PwC and Deloitte got less than 4% each, according to data from the Chinese Institute of Certified Public Accountants analyzed by Bloomberg. Is AI going to replace me? [

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Friday Footnotes: Opinions!; EY’s Blockchain Aspirations; KPMG Junior Reprimanded | 9.30.22

Going Concern

Rehmann merges in Vestal & Wiler [ Accounting Today ]. Rehmann, a Top 40 Firm based in Troy, Michigan, is continuing to expand its footprint in Florida by adding Vestal & Wiler, a firm based in Orlando, effective Nov. PCAOB seeks comments on interim attestation standards [ Journal of Accountancy ]. Accountant Life.

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Friday Footnotes: PwC in Trouble?; A Backwards Accountant; Audit Committee Musical Chairs | 1.13.23

Going Concern

Munter will continue to lead the Office of the Chief Accountant (OCA) and serve as the principal advisor to the Commission on accounting and auditing matters. Are midcareer CPAs happy in your firm? Accounting Today Opinion ]. Orlando lands among worst-paying metro areas for accountants [ Orlando Business Journal ].

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Friday Footnotes: EY Doesn’t Regret a Return to Office; Consulting Cut Backs; AI Will Not Replace Accountants | 8.11.23

Going Concern

Accounting and advisory firm Grant Thornton trimmed about 3% of its ranks in June. Firm Watch SingerLewak Grows in Pacific Northwest With Acquisition [ INSIDE Public Accounting ] Los Angeles-based IPA 100 firm SingerLewak (FY22 net revenue of $89.6 million) is merging in Hearthstone CPA Group of Bremerton, Wash.

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