Going Concern

JANUARY 29, 2024

has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business. Tupperware hired the Big Four auditor on Jan. 5 letter from district administrator Joe Phillips to Chief Auditor Joris Jabouin. Randy bunch, those EYers.

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Going Concern

JUNE 14, 2024

University of Richmond Accounting Professor Ashley Austin Awarded Grant Funding for Research on AI in Auditing [ University of Richmond ] Austin and her partners at the University of Virginia and University of Georgia will develop strategies to help auditors examine AI-generated financial reports with sufficient skepticism.

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Going Concern

JANUARY 20, 2023

HSBC announced on Friday that it had decided to reappoint PwC following a tender process that was required because the Big Four firm will have served for 10 years by the time it signs the 2024 accounts. PwC took over from KPMG in 2015 and was eligible to serve until 2034 subject to a competitive tender at the 10-year mark.

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Going Concern

FEBRUARY 16, 2024

Bill would let private CPAs, not state auditor’s office, audit state agencies [ Radio Iowa ] Senator Mike Bousselot, a Republican from Ankeny, IA seems to think letting CPA firms audit government books instead of the state auditor will fix the accountant shortage somehow?

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Going Concern

OCTOBER 4, 2024

SEC Charges Olayinka Oyebola and His Accounting Firm With Aiding and Abetting Massive Fraud [ SEC ] The Securities and Exchange Commission charged Olayinka Oyebola and his Public Company Accounting Oversight Board-registered accounting firm, Olayinka Oyebola & Co. companies that Mmobuosi controlled (the Tingo entities).

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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.

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Going Concern

DECEMBER 30, 2024

With just a day and a half remaining before the clock ticks over to a new year we better hurry up and get to looking back on the most popular reads of 2024. ICYMI, or ICYOOTL, here are those posts in ascending order according to traffic analytics. ” OK. Deloitte Canada was ordered to pay $1.59 million ($1.1

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Menzies

FEBRUARY 18, 2025

Menzies LLP - A leading chartered accountancy firm. 24 th November 2024 The government confirmed it will proceed with legislation to bring crypto assets into FCAs perimeter. 16 th December 2024 The FCA issued DP24/4 Regulating cryptoassets: Admissions & Disclosures and Market Abuse Regime for Cryptoassets.

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Going Concern

SEPTEMBER 9, 2024

With a large portion of CFOs already outsourcing many of their accounting functions, it’s no surprise that internal auditors have seen a stark rise in organizations using external support to supplement areas where their labor or technology can’t get the job done alone. based Glas Trust. Consulting.uk

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Going Concern

FEBRUARY 14, 2025

Accounting Firms Hire Growth Leaders as Dealmaking Shakes Up Industry [ Wall Street Journal ] Forty-nine of the 100 largest U.S. accounting firms employed at least one growth executive at the end of 2024, roughly double that of 2019, according to employment-data provider Live Data Technologies. counterparts.

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Going Concern

FEBRUARY 3, 2025

Louis held a casual accounting mixer (“Some of my students have said its like speed dating”), 2024 graduate and Anders associate had this piece of advice for students: Callaway did so many internships in part because he wanted to get a better idea of the career path he wanted to pursue. ” University of St.

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Going Concern

JANUARY 5, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. 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.

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Going Concern

FEBRUARY 2, 2024

The directors of an auto parts business have claimed before the High Court that an accountant has allegedly hired convicted criminal Martin ‘the Viper’ Foley to collect a disputed debt of approximately €19,000 from them. And it looks like 2024 is off to a pretty good start. And that’s what DataSnipper looks to solve.”

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