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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. Movers and Shakers Jackson M. Day to the role of director of technical activities. Mr. Day will begin his new duties at the FASB this July.

Minnesota 105
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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., KPMG, PwC and Deloitte got less than 4% each, according to data from the Chinese Institute of Certified Public Accountants analyzed by Bloomberg. 1, 2024, the Financial Accounting Foundation said.

CPA 109
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Friday Footnotes: Big 4 Pride; KPMG Gets Snubbed; EY Goes on a Poaching Spree | 6.3.22

Going Concern

The Financial Accounting Standards Board adopted CECL in 2016, prompted by criticism that banks had booked losses too slowly in the run-up to the 2008 financial crisis. That is a far broader calculation than the old rules, which were based on losses expected imminently.

audit 98
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How Much Is a Tax Consultant?

xendoo

A tax consultant is trained in tax law and financial accounting. They advise clients on income tax returns during tax season and help with financial matters, including trusts and estate planning. . An accountant’s regular duties vary based on their industry. What Does a Tax Consultant Do?

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Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22

Going Concern

As such, research from the AICPA (“Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits”) suggests that employers have begun to hire from other more technical undergraduate degree fields, such as management information systems (MIS), instead of accounting graduates. Other Stuff.

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

Now, we’re seeing (IRS audits) all over the country, from East Coast to West Coast, and it’s wherever cannabis is legal.” Louis also held himself out to be an accountant who prepared tax returns for pay or as a favor to friends. Mary (@AccountingAsArt) March 25, 2022.

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Friday Footnotes: Client Hid ‘Damning’ Audit; Predictions for the Profession; Accounting Firm Gets Compromised | 4.15.22

Going Concern

CNN found that he received this money for businesses he classified as tax firms and related entities even though he wasn’t a certified public accountant and a court injunction had barred him from masquerading as one. million which were intended to help companies stay afloat during the pandemic.