Remove 2023 Remove accounting and finance Remove auditor
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Lovesac to Pay SEC $1.5 Million to Settle Claims of Hidden Expenses

CPA Practice

million to settle a Securities and Exchange Commission lawsuit that alleges that two former executives committed accounting fraud at the Stamford-based company. The accounting problems came to light in April 2023, when Lovesac’s finance team found that approximately $2.2 (TNS) Nov.

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Monday Morning Accounting News Brief: Feds Raid PwC; Big 4 Wants to Be Like Grant Thornton!? | 11.4.24

Going Concern

This step is an expected development in relation to an investigation the AFP commenced in 2023 into the historical tax matter and individuals who have left our firm,” Burrowes told staff. “We Accountants have to do the same amount of work with less resources, with time being one of them.”

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Obvious Figure of the Day: 95% of Hiring Managers Are Having Trouble Finding Finance and Accounting Talent

Going Concern

That’s the percentage of hiring managers in finance and accounting having trouble finding skilled talent according to recent Robert Half research. For example, according to data from the BLS, the unemployment rate for accountants and auditors is 0.9%, and for financial clerks, it’s just 0.3%.

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WTF Happened at SVB and Should KPMG Auditors Have Seen It Coming?

Going Concern

While the general investing public is asking “where were the auditors?” To any members of the general investing public reading this: “due professional care” means the independent auditor planned and performed the work required of them according to audit standards. Back to the auditors.

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9 in 10 Accounting and Audit Firms Struggle to Find Talent

CPA Practice

What is the fastest-growing challenge facing accounting firms and internal audit departments today? More than 90% point to hiring and retaining skilled accountants and auditors. Responses were gathered from more than 4,100 accountants and 2,300 auditors.

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5 Ways to Attract and Retain Talent in the Accounting and Finance Industry

Cherry Bekaert

Accounting and finance employment is projected to grow 4% from 2022 to 2032, with about 126,500 openings for accountants and auditors each year on average. 1 But attracting and retaining talent is proving difficult for several accounting recruiters and accounting talent acquisition specialists. retirement).

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Many Finance and Accounting Workers Are Optimistic About the Job Market — Here’s How CPA Firms Can Respond

CPA Practice

hiring and employment trends found that 95% of hiring managers in finance and accounting face challenges in locating skilled candidates available for hire. In finance and accounting specifically, nearly two-thirds (66%) of the hiring managers we surveyed said they want to hire talent for new jobs.