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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

The bitcoin mining company “dismissed” its previous accounting firm Marcum on May 18, appointing Deloitte to take its place. Marcum had audited Riot’s consolidated financial statements for the fiscal years between 2018 and 2022. The post Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

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JHM Merges in CPA Firm Harting, Bishop & Arrendale

CPA Practice

Top 500 accounting firm JHM Certified Public Accountants, based in Chattanooga, is expanding its presence in eastern Tennessee by combining with Harting, Bishop & Arrendale (HBA) in Cleveland, TN. The combined firm will operate under the name of JHM Certified Public Accountants.

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

Businesses should be prepared to provide documentation supporting their ERC claims, including payroll records, financial statements, employment tax returns, and any other relevant records. Certified Public Accountants (CPAs): CPAs are licensed accountants with expertise in tax matters.

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

Accountant Shortage There are 340,000 Fewer Accountants, and Companies Are Paying the Price [ Bloomberg ] Aspiring accountants essentially need five years of college to earn a Certified Public Accountant license. Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S.

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