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Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

“Our team will continue to grow as we strengthen our South Florida operations,” he added. .” “Our team will continue to grow as we strengthen our South Florida operations,” he added. However, the town claims it is not able to act on one of the recommendations by auditors.

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Friday Footnotes: OMB Says Audits Aren’t Working As Intended; Deloitte Predicts Our Economic Future | 6.27.25

Going Concern

OMB seeks ‘strategic reset’ of financial statement audits [ Federal News Network ] “Audits were once a tool for accountability and improvement. Now they have become, in many places, rote exercises that do not ensure sound financial management and instead contribute to the $36 trillion of debt the federal government currently carries.

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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S.

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The state of the 'Big Beautiful Bill' and more

Accounting Today

20 years ago when I moved from New York to Florida, I moved my business down here. Dan Hood (16:56): You came in Westchester and some other Neil Fishman (16:58): Areas and you goes to area, look, even here in Florida, you go down to Miami, you go to Palm Beach, you go to Wellington, Boca, just a few places.

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Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24

Going Concern

Firm Watch Whistleblower says big accounting firm hid evidence that a Saudi co-defendant helped finance 9/11 [ Florida Bulldog ] So this is…a lot. Big Four firm cuts jobs in Tampa in firm-wide layoffs [ Tampa Bay Business Journal ] This confirms what we were told about PwC delaying layoffs in Florida due to Hurricane Milton.

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Friday Footnotes: Florida Man’s Tax Problem; Accountants Are Walking Out; BDO Assures on Tether | 2.10.23

Going Concern

The gap came in part from supplier financing that wasn’t reflected the right way in the company’s financial statements, which have been audited by PwC since 2019. The post Friday Footnotes: Florida Man’s Tax Problem; Accountants Are Walking Out; BDO Assures on Tether | 2.10.23 appeared first on Going Concern.

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Why You Should Hire an Experienced Florida Accountant

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You can’t discount the value and simplicity that these services can offer, but how can you be confident that these services will understand your local business or Florida state law? Unfortunately, accounting software is similarly generic and can only take you so far in navigating the needs of local Florida businesses.