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CPAs Should Get Into Weed, Says CPA Into Weed (As a Business, That Is)

Going Concern

Clever CPAs who get in on the ground will not only open themselves up to nearly unlimited billing potential (yay), they’ll be helping cannabis businesses navigate the as-yet murky waters of legit marijuana business. So how do CPAs get into this niche? “I tell everyone, 7 out of 10 Americans want legal cannabis.

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Friday Footnotes: KPMG UK Pay Freeze; PwC Canada Layoffs; EY Bailing on Office? | 11.24.23

Going Concern

Bonuses will also be cut, with staff in KPMG’s 2,900-strong tax and legal arm receiving 55 per cent of the full amount that could have been paid, an insider said. The pay freeze will not affect the firm’s graduate and apprenticeship staff, according to the people familiar with the situation.

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Monday Morning Accounting News Brief: Fear and Loathing at KPMG; FASB? More Like SLOWB; EY, Esq. | 10.31.22

Going Concern

The IRS is providing a new way for CPAs and others to make anonymous reports about third-party vendors who promote improper claims for the employee retention credit. From inception in 2002, our vision has been to provide tax, legal and other relevant services to clients. Happy Spoopy Day! It has to work.”

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Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

electric carmaker Tesla, has failed to properly reflect fines in its financial statements and was issued a “qualified opinion” from an accounting firm on April 10. billion won in corporate taxes, but its management team recorded the amount as a receivable in its financial statements. Tesla Korea was subjected to 25.1

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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

Our proposal to clarify what is meant by the phrase “presented fairly” through amendments to AS 2810, Evaluating Audit Results, was not intended to change the auditor’s existing responsibilities for evaluating whether the financial statements are presented fairly in conformity with the applicable financial reporting framework.

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PCAOB Has Handed Out a Slew of Punishments to Audit Firms Recently

CPA Practice

MSPC CPAs These five firms were fined and sanctioned by the PCAOB for violating auditing rules and standards related to communications with audit committees. was punished for failing to timely report a legal name change on Form 3, Special Report. 11 for breaking various auditing rules. July 28: Plante Moran, BPM, S.R.

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When You Need to Hire a CPA

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Additionally, they can help set up business accounting systems, teach you best practices, keep you legal, and prevent missed deadlines and noncompliance penalties. What does a CPA do? Certified Public Accounts can be the financial strategist for Fortune 500 companies or advisors to neighborhood businesses.

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