Going Concern

JULY 28, 2023

The combination of too few professionals and high demand is pushing firm leaders to merge up, outsource tax work and hire non-CPAs, among other strategies. They seem to be working so far, as firms are growing fast and producing impressive financial results. Such suggestions are false. appeared first on Going Concern. .

Gambling 84

Gambling audit Technology accounting firms 84

Going Concern

FEBRUARY 12, 2024

Charlotte Business Journal ranked the largest local firms by number of staff and asked the firms how they’re using AI in their practice: Deloitte tops the list with 1,911 professionals, including 297 CPAs, in its local office, followed by EY with 1,743 professionals and KPMG with 685. Some are finding solutions overseas.

auditor 72

auditor Account accountant accounted 72

Going Concern

DECEMBER 8, 2023

Audit SEC approves new PCAOB audit confirmation standards targeting fraud [ CFO Dive ] The Securities and Exchange Commission has approved a new standard tightening the requirements for auditors when confirming details of an audit, including verifying with a third party assertions made by a client in a financial statement.

cpas 103

cpas Account accountant accounted 103

Going Concern

MARCH 17, 2023

“A proposal like this could allow for the reinstatement of credit for more than 15,000 CPA candidates and re-open the door for those candidates to complete their journeys to becoming licensed CPAs. The best financial planners or wealth managers will set themselves apart with outstanding soft skills.”

Government 79

Government Gambling audit CPA 79

Going Concern

NOVEMBER 25, 2022

The Financial Reporting Council’s Audit Quality team has issued a notice of a proposed sanction on Deloitte, proposing a regulatory penalty of £440k after it was determined that the Big Four firm failed to comply with the auditing framework in its audit of a listed company’s 2018 financial statements.

audit 89

audit Account accountant accounted 89