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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.

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Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.

CPA Practice

s largest consulting firms were among the worst hit as staff hunted down new roles when COVID lockdowns began to ease. Now, Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped. Together, the four firms employ more than 80,000 people in the U.K.,

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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

A number of big firms, including PwC and BDO, are trying to kill the rule at the eleventh hour in a move that has raised eyebrows among some investor groups, which point out that many firms already boast of having bodies that sound a lot like what is being proposed. Accountingfly can help!

cpas 101
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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. The 10 Biggest New York City Office Leases of 2023 [ Commercial Observer ] New York City’s leasing stats this year might be worse than in 2022, but at least the top deals are bigger.

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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. uptick from June 2022.

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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S.

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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. PwC said on Monday that it had identified 129 breaches of independence rules affecting 74 clients and PCAOB inspectors had found a further one themselves while inspecting audit work in 2022. And that’s what DataSnipper looks to solve.”

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