Going Concern

NOVEMBER 4, 2024

Alongside the rise in burnout, respondents reported a decline in their overall well-being in 2024, noting a decline in key areas, including mental (32%) and financial (30%) health. Reports NL Times : The accountancy firm Ernst & Young (EY) is the latest accounting company to discover exam fraud.

accountant 105

accountant accounted Account auditor 105

Going Concern

NOVEMBER 8, 2024

She wrote that the local firm needed to comply with a set of remedial actions or face suspension, or expulsion, from the global network. ” The new office will employ a team of 15 by the end of the year, with all positions in the Boca office staffed by accounting professionals, Goldberg said. It’s free!

Florida 98

Florida Mississippi audit auditor 98

Going Concern

AUGUST 9, 2024

We propose that from now on, all accountant shortage surveys require respondents to share pay figures for roles they're struggling to fill. The university hired accounting firm CliftonLarsonAllen to conduct the independent forensic examination into CapRadio, which is an auxiliary of Sacramento State.

accounting firms 104

accounting firms accountant accounted Account 104

CPA Practice

OCTOBER 8, 2024

According to a new report from top six accounting firm BDO USA, company finance leaders are expecting technology like artificial intelligence to be used by their external auditors now to enhance their audit engagement and consider it the second-most important factor when choosing an audit firm.

audit 143

audit Finance auditor Technology 143

ThomsonReuters

SEPTEMBER 3, 2024

The 2024 Generative AI in Professional Services research conducted by the Thomson Reuters Institute provides a comprehensive overview of the burgeoning role of GenAI across various professional sectors, including legal, tax, accounting, risk, and government. However, these changes happen slowly and are not always used by all firms.”

auditor 72

auditor audit tax accountant Tax 72

Going Concern

MAY 30, 2024

Says the ICAEW report: While some accountancy firms favour lower-risk organic growth, the mid-tier has been active in using M&A for growth to meet client demand. The majority of respondents (64%) confirmed that their firm had acquired another in the past and 17% had been part of a merger. So this is interesting.

accounting firms 118

accounting firms accountant accounted Account 118

Going Concern

NOVEMBER 21, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

Real Estate accountant accounted Account 52

Going Concern

APRIL 19, 2024

consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines. The Big Four accounting firm is considering adding about 85 U.S. Ardoino stated, “None of the Big Four firms are willing to audit us.”

cpas 105

cpas accounting firms accountant accounted 105

Going Concern

JUNE 22, 2022

The PCAOB adopted a new audit standard yesterday (AS 1206, Dividing Responsibility for the Audit With Another Accounting Firm ) to ensure that lead auditors are properly supervising the outside auditors they use. PCAOB Adopts New Requirements for Lead Auditor’s Use of Other Auditors [ PCAOB ].

auditor 64

auditor audit accounting firms financial statements 64

Going Concern

SEPTEMBER 19, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help! About the Author: Liz Branch is the COO of Accountingfly.

accountant 105

accountant accounted Account Construction 105

Going Concern

OCTOBER 3, 2024

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Real Estate 110

Real Estate accountant accounted Account 110

CPA Practice

SEPTEMBER 12, 2024

He was previously affiliated with LPL Financial where he had approximately $60 million in client assets under administration as of April 2024*. Hight steps into his new role on November 1, 2024, following his tenure as member-in-charge of the KraftCPAs assurance services department and nearly 20 years of distinguished service.

Kansas 104

Kansas Pennsylvania audit accounting and finance 104

CPA Practice

FEBRUARY 6, 2024

Investing in technology is a key priority for accounting firms as they move into 2024, while m itigating the ongoing talent shortage and keeping pace with new laws continue to cause challenges for many within the profession. Caseware explores worldwide perspectives within the accounting and audit professions annually.

accounting firms 64

accounting firms Technology accountant accounted 64

Going Concern

MARCH 22, 2024

Top Remote Accountants of the Week | March 21, 2024 Practice The worst of times: Issues in accounting in 2024 [ Accounting Today ] It’s a great time to run an accounting firm — except for how hard it is. What Role Should Auditors Play in Corporate Compliance?

Minnesota 113

Minnesota cpas audit CPA 113

Going Concern

APRIL 30, 2024

Here’s a snapshot from 2019 that shows how much cannabis companies were paying to which auditors: A look at 40 Canadian cannabis companies and what they paid to their auditors over their past fiscal year. Note that many companies switched auditors so not all fees listed went to the current auditor.)

auditor 111

auditor audit Legal financial statements 111

Going Concern

JANUARY 12, 2024

And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. The short-seller also threw a spotlight on the auditor who green-lit Tingo’s financials, challenging its competence, and perhaps its willingness, to see the truth.

audit 111

audit auditor Illinois CPA 111

Going Concern

SEPTEMBER 27, 2024

Providing the capital necessary to fund the retirement plans of the profession’s baby boomer and Gen X partners has been a major reason that accounting firms are turning to private equity — but that in itself will bring structural changes that make it easier to hold all members of the partner group accountable.

audit 105

audit auditor accounting and finance accounting firms 105

CPA Practice

NOVEMBER 25, 2024

Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. He joined the Governmental Accounting Standards Advisory Council (GASAC) in 2011 as a representative of the Government Finance Officers Association (GFOA) and served as chair from 2015-2021.

Wisconsin 52

Wisconsin Colorado auditor Oregon 52

Going Concern

MAY 24, 2024

[link] pic.twitter.com/yegGRtXHFN — Going Concern (@going_concern) May 23, 2024 News PwC faces crisis in China over audit of failed property giant Evergrande [ Financial Times ] The Ls just don’t stop for PwC.

audit 102

audit auditor accounting and finance accounting firms 102

Going Concern

JANUARY 16, 2024

1 in-demand remote job companies are hiring for—it can pay over $100,000 a year ,” CNBC Make It January 14, 2024 Speaking of remote work, fully remote workers were promoted 31% less frequently than their in-person peers last year, according to Live Data Technologies. “ The No. BBC explains : What is the Post Office scandal?

accountant 124

accountant accounted Account audit 124

Going Concern

DECEMBER 22, 2023

Barring any huge incident like an accounting firm getting raided by the FBI on Christmas Day, there will not be any breaking news. Major consulting firms don’t have enough work for their existing staff and are facing slowing revenue growth, and Ernst & Young last week began laying off partners.

auditor 111

auditor audit accounting firms accounting and finance 111

CPA Practice

MAY 11, 2023

Accounting firms have faced a volatile profession in the past year as teams struggled with burnout while staff shortages increased, regulatory changes caught firms off guard – increasing compliance and security concerns – and tax laws became increasingly more confusing for clients and CPAs alike. By James Paille, CPP.

accountant 119

accountant accounted Account payroll 119

Going Concern

MARCH 1, 2024

pic.twitter.com/FQcm4AXSdg — Barbara Pocock (@BarbaraPocock) February 27, 2024 Chartered Accountants mistakenly let ex-PwC partner avoid investigation [ Financial Review ] Speaking of Peter Collins, AFR is still on the beat like a tick on a dog’s ass. Regulator Says [ Wall Street Journal ] Several U.S.

audit 111

audit Nebraska auditor chartered accountant 111

Going Concern

MAY 31, 2024

Municipal Dumpster Fires Woonsocket city council respond to auditors abruptly quitting [ WLNE Providence ] Shout-out Mary Sahady who finally had enough of this b t and told this messy client to get bent. Woonsocket officials are hoping city auditors will change their mind, after they abruptly quit this past week. United States v.

auditor 106

auditor audit accounting and finance New York 106

Going Concern

DECEMBER 2, 2024

Let's acknowledge the most important people behind the spectacular Silent Hill 2 remake: pic.twitter.com/GGquHgEVvq — Going Concern (@going_concern) November 30, 2024 Alright, enough chit-chat. Is the $750,000 fine for accounting fraud or deficiencies a material item?

accountant 59

accountant accounted Account audit 59

Going Concern

OCTOBER 11, 2024

Remaining Downtown: While others move on, an accounting firm is expanding in the Golden Triangle [ Pittsburgh Post-Gazette ] At a time when many firms are downsizing their office space, Louis Plung & Company is going against the flow. Here are this week’s top remote accounting candidates for your browsing pleasure.

audit 59

audit Technology Texas accounting firms 59

Going Concern

FEBRUARY 23, 2024

Sadly, I had to argue with them over their own language in black and white on how… — Eric Pierre, CPA (@yourfavecpa) February 22, 2024 Deloitte’s Adam Powick wrestles with the complaints of former staff and directors about the pressure to perform in a gruelling corporate culture. in last 12 months.

CPA 105

CPA Illinois auditor Iowa 105

Going Concern

OCTOBER 21, 2024

ICYMI: American Institute of CPAs (AICPA) and the National Association of State Auditors, Comptrollers and Treasurers (NASACT) suggest state and local governments step it up to beat the talent shortage. But accountants who do government work face unique challenges that require more specialized solutions.

accountant 59

accountant accounted Account South Dakota 59

CPA Practice

JANUARY 16, 2025

After tying PwC for the lead in the second quarter of 2024, top 25 accounting firm Withum was alone at the top of the initial public offering auditor market share standings in Q3 with 11 audit clients that went public, according to Audit Analytics.

audit 52

audit auditor accounting firms accounted 52

CPA Practice

JANUARY 10, 2025

After tying PwC for the lead in the second quarter of 2024, top 25 accounting firm Withum was alone at the top of the initial public offering auditor market share standings in Q3 with 11 audit clients that went public, according to Audit Analytics.

audit 52

audit auditor accounting firms accounted 52

Going Concern

NOVEMBER 24, 2023

KPMG extends pay freeze to 12,000 UK staff [ Financial Times ] Bosses at the Big Four accountancy firm told staff across its four divisions in recent weeks that they would not receive a pay rise this year unless they were promoted, according to people familiar with the matter. .”

auditor 116

auditor audit tax return cpas 116

Going Concern

AUGUST 16, 2024

Projections indicate a growth in employment opportunities for accountants and auditors, while roles focused on bookkeeping and data entry are expected to decline. With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

audit 105

audit auditor Tax Technology 105

Going Concern

MARCH 15, 2024

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

auditor 116

auditor cpas audit Iowa 116

Going Concern

JULY 2, 2024

Resident accounting firm watcher Amanda Iacone writes: In the past few years BDO, among the six largest audit firms in the country, has restructured its audit practice, shrunk its book of public company clients, and launched a new learning program meant to train entire audit teams. There’s more!

audit 116

audit auditor financial statements Construction 116

CPA Practice

OCTOBER 25, 2024

Hosts Brian Tankersley, CPA, and Randy Johnston review Liscio , a client experience platform that centralizes communication, document collection, and task management for accounting firms. Well, thank you for that, Chris and gosh, I feel in the minority today with two auditors in the crowd. Very appreciative of it.

Technology 115

Technology accountant accounted Account 115

Going Concern

OCTOBER 20, 2023

TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships. Brentwood-based LBMC, a business consulting and financial services firm, will welcome Louisville-based accounting firm Strothman & Co under its family of companies. This move, effective Nov.

CPA 111

CPA quickbooks Real Estate auditor 111

Going Concern

SEPTEMBER 29, 2023

CPA Exam Friendly reminder, deadlines to apply for BEC before the new exam in 2024 are quickly approaching. The accounting firm subsequently used the information to advise clients on how to sidestep the tax changes. Those sitting for BEC for the first time have until Monday to do so in most jurisdictions.

auditor 111

auditor audit New York CPA 111