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Monday Morning Accounting News Brief: PwC Picks a Global Chair; Guy Cusses Out KPMG | 10.30.23

Going Concern

Instead, KPMG leaked my private texts – but I stand by every furious word I said Nyunggai Warren Mundine has doubled down after his foul-mouthed text messages to a top accounting firm were leaked. Mr Mundine asked the multibillion-dollar firm for a $10,000 speaking fee, which was rejected. It’s more than $1.8

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PwC Locks Down Top Spot in Vault’s Best Accounting Firms Ranking for 2025

CPA Practice

Vault’s ranking for 2025 came out Monday morning, and for the 12th straight year, PwC was named the top accounting firm in the U.S. Accountants at peer firms tell us that PwC is ‘the gold standard of audit and puts the other audit firms to shame,’” Vault said in a media release. in 2020 , 3.6%

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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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Professionals on the Move – Sept. 2024

CPA Practice

Her dedication to providing high-quality service in audit and tax work, and her ability to manage complex projects have been invaluable to both our team and our clients. She is working towards her master’s in accounting. Bassett has 25 years of audit and accounting experience. He holds both CPA and CVA certifications.

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

Going Concern

Cheaters What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million million to settle exam cheating scandal [ Canadian Accountant ] The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45

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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

Accountancy firms fight back against audit reforms [ Financial Times Opinion ] A new rule agreed by the US audit regulator, the Public Company Accounting Oversight Board, will force each of the biggest firms to establish a body to oversee quality control, and to make sure at least one person on it comes from outside the firm.

cpas 101
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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

EY’s forthcoming PCAOB deficiency rate sucks harder than its competitors : EY aims to shake up US audit business after ‘unacceptable’ number of flaws The PCAOB had examined 54 audits carried out by EY US in 2022 for its latest round of inspections and found flaws in 46 per cent of them, the firm said.

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