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The Auditor’s Opinion

Withum

Audited financial statements are a cornerstone of the financial markets. All publicly owned companies must have audited financial statements that contain a report of the registered independent accounting firm performing the audit. They are used to assist in raising money or obtaining loans.

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It’s Official, the Only Way to Get a Decent Raise is by Leaving Your Firm

Going Concern

As public accountants pull the ripcord and bail out from their firms in droves for the greener grass of industry, government, and even the blissful quiet of unemployment so they can figure out what they really want to do with their lives there’s a lot of talk about the abandoned workloads being dumped on the fools loyal grunts who remain.

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In the Trenches: My Three Least Favorite Audit Rooms

Going Concern

Audit rooms come in all shapes and sizes—usually small, often windowless, sometimes with chairs you can actually sit on, and almost always as far away from the finance/accounting department as possible. After eight years in public accounting, I have loads of unforgettable audit room experiences. Here are just a few.

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Monday Morning Accounting News Brief: Social Class and Career Progression; New GAAP Taxonomy Dropped | 12.19.22

Going Concern

in which ChatGPT talks about accounting firms. For the first time in history, the PCAOB has secured complete access to inspect and investigate registered public accounting firms headquartered in mainland China and Hong Kong, on Thursday the Board voted to vacate the previous determinations to the contrary. GET EXCITED!

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What is Required Audit Communication?

Withum

Whatever the case may be, you may need an audit of your financial statements. If this is your first audit, then you will become accustomed to the buzzword documents before too long – most namely, the engagement letter, management representation letter, and the audited financial statements. Why these three documents?

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[Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar

KROST

Paren and his team at KROST have assisted over 350 entities in procuring, managing and obtaining forgiveness for more than half a billion dollars of PPP, EIDL, and Main Street loans. Accounting , Sports & Entertainment. Stacey Korman is the Accounting Principal at KROST. Jeff Kamin, CPA, Manager – Accounting.

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How Small Business Bookkeeping Solutions Can Make Your Life Easier

xendoo

There are two main types of bookkeeping solutions that every small business needs. . Simple Bookkeeping Services : If you can manage some of your business’s accounting each month on your own but you need a little extra help, a part-time bookkeeper might be a good solution for your business. What are the two types of bookkeeping?