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Forbes Recognizes Six Top Accounting Firms That Also Have Management Consulting Chops

CPA Practice

Companies were evaluated within different consulting sectors (such as automotive, insurance, and health care) and the expertise in which they offer services (including leadership, sustainability, and legal and litigation).

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. More than 3 in 4 employees are concerned about the legal risks, and a similar number are anxious about cybersecurity risks, the findings, released Dec. ” More Media Megadeals in 2024?

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TIGTA Does Some Digging on the Revolving Door Between the IRS and Large Accounting Firms

Going Concern

The Congressional request specifically noted interest in large accounting firms. The request, received by TIGTA on February 18, 2022 urged TIGTA to “open an inquiry into the revolving door between the country’s top accounting firms and the Federal Government and to inform Congress and the public about [TIGTA’s] findings.”

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The danger of overheard conversations

Accounting Insight

Louise offers some advice for accountancy firms to keep client confidentiality front of mind and comply with both the ICAEW code and GDPR guidance: “Ensuring staff know how to handle calls discreetly and to transfer or take messages without sharing too many details can avoid potential breaches from happening.

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BDO Says It Is No Longer Doing Business In Russia and Belarus

Going Concern

The latest top accounting firm to turn its back on Russia and Belarus is No. The former Russian member firm operates entirely independently under the name of Unicon. We will work to support our clients in fulfilling our legal obligations and commitments. BDO is removing BDO Belarus from its global network.

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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. SAB 121 has massive implications, and the SEC should have received feedback on it from the federal banking regulators and the public before implementing this legally binding directive,” said Sen. Cynthia Lummis in a statement. “I

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