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Professor Accuses Professional Accountant Body of Hoarding Fines Like Smaug Hoards Gold

Going Concern

It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed Sheffield University’s Richard Murphy over the edge. The Professor of Accounting Practice at Sheffield’s Management School issued a new report chastising the group for hoarding funds.

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Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

Institute of Chartered Accountants in England and Wales (ICAEW) is hoarding the funds paid to it as a result of fines , writes Richard Murphy on his blog Funding the Future. It is time for the Institute of Chartered Accountants in England and Wales to put the fines paid by to [sic?]

CPA 98
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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

The situation Watson finds himself in makes a mockery of the corporate whistleblower protections that were introduced in July 2019 and inspired him to take legal action three years later. Yet openings remain above the 2019 baseline monthly average of 7.2 There were 8.5 million openings, down from 8.8 million in March 2022.

audit 105
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Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

All this time we thought it was going to be robots that take accounting jobs, it was Indians all along. Oh and reminder: the Institute of Chartered Accountants of India (ICAI) is working on a plan to consolidate India’s 96,000 little accountancy firms into mega-firms that they think could compete with Big 4 on the global stage.

CPA 116
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Professionals on the Move – June 19, 2023

CPA Practice

In the near decade since Kern joined Chatham, he’s served in several roles and functions in the practice, most recently leading Chatham’s European Hedge Accounting team. In addition, Grant Thornton has hired Jeanna Shapiro as its new chief people and community officer — a position held by Michael Monahan since December 2019.

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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

Canadian Accountant explains it better than anyone here could : The move comes exactly 10 years after the former Institute of Chartered Accountants of Ontario announced the creation of Chartered Professional Accountants of Ontario. may “gut” the program of electives and the national accounting exam.

CPA 59
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Tuesday Morning Accounting News Brief: A New Kind of Audit Quality Report; Merger Mania; Skilled Talent, Not Newbies | 5.28.24

Going Concern

ConTech360, founded in 2019, provides construction technology services. The Institute of Chartered Accountants in England and Wales (ICAEW) has published a report called Evolution of Mid-Tier Accountancy Firms. The transaction, announced May 20, is expected to close this fall.

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