Going Concern

JANUARY 12, 2024

Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. These issues were apparently not glaring enough for the company’s auditor, however.” Tingo paid $1.6 in 2021/22.

audit 111

audit auditor Illinois CPA 111

Going Concern

JANUARY 1, 2025

AICPA creating more barriers to entry; not for the people, poor CPA exam procedures Pay gaps at intermediate experience levels. As well as hurting CPA culture in process. Add on a CPA cert that takes a year to study for and obtain. Something tells me 2025 is going to be dark. The lack of small firms.

Account 105

Account accountant accounted cpas 105

CPA Practice

SEPTEMBER 26, 2024

Thomson Reuters recently launched Thomson Reuters Audit Intelligence, a suite of artificial intelligence-powered, data-driven audit solutions designed to transform audit practices by reducing errors and enhancing confidence while enabling auditors to realize efficiency gains. this fall, followed by the United Kingdom in 2025.

auditor 58

auditor audit general ledger Technology 58

CPA Practice

DECEMBER 9, 2024

Staff report Inspectors from the Public Company Accounting Oversight Board (PCAOB) outlined their priorities for 2025 audit inspections in a staff report released on Dec. The report contains suggested questions for audit committee members to consider amongst themselves or in discussions with their independent auditors.

auditor 63

auditor Real Estate audit Account 63

Going Concern

FEBRUARY 6, 2025

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Real Estate 52

Real Estate Account accountant accounted 52

CPA Practice

NOVEMBER 13, 2024

With key updates to the Institute of Internal Auditors (IIA) Standards set to take effect in January 2025, IAEdge arrives in time to support organizations in navigating these changes, bolstering compliance and strengthening audit processes.

audit 110

audit auditor 110

CPA Practice

JULY 16, 2024

AuditBoard , a cloud-based platform transforming audit, risk, compliance, and ESG management, has launched new of out-of-the-box, self-assessment tools that enable internal auditors to easily assess and streamline conformance with the new Institute of Internal Auditors (IIA) Global Internal Audit Standards that go into effect January 9th, 2025.

auditor 104

auditor audit Washington Manufacturing 104

CPA Practice

MAY 1, 2024

The Board of Trustees of the Financial Accounting Foundation ( FAF ) is seeking nominations for new members to join the Financial Accounting Standards Advisory Council ( FASAC ) for an initial one-year term beginning January 1, 2025. The FASAC is the primary advisory body to the Financial Accounting Standards Board ( FASB ).

financial accounting 110

financial accounting accounting standards Account accountant 110

CPA Practice

AUGUST 6, 2024

Sikich Visionary Scholarship in partnership with the Illinois CPA Society (ICPAS) to honor the firm’s founder, Jim Sikich. He is also a certified public accountant (CPA), certified fraud examiner (CFE), certified anti-money laundering specialist (CAMS), and certified internal auditor (CIA).

Pennsylvania 104

Pennsylvania Illinois accounting internships Ohio 104

Going Concern

JANUARY 30, 2025

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Real Estate 52

Real Estate Account accountant accounted 52

CPA Practice

NOVEMBER 7, 2024

Proposal 2025 Firm and Engagement Metrics Enhance information provided to investors, audit committees, and other stakeholders at both the firm and engagement level. Adoption 2025 Inventory Consider updates to AS 2510, Auditing Inventories , in connection with the Interim Standards project to reflect changes in the auditing environment.

auditor 102

auditor audit financial statements Government 102

Going Concern

SEPTEMBER 22, 2023

The job security and the ability to have a comfortable life motivated me at first,” said Khokhar, who served as a senior accountant at two construction firms and senior auditor at an accounting firm. The AICPA often cites that the large pool of retiring Baby Boomers will leave a gaping hole in the supply of experienced CPAs.”

Account 116

Account accounted accountant CPA 116

CPA Practice

SEPTEMBER 10, 2024

I am pleased to approve this standard because it will improve the quality control systems of auditors, and thus better protect investors.” Does the answer differ depending on whether the person is an auditor? If this function is new, who would be likely to perform such a function? What type of liability might the EQCF face?

auditor 115

auditor audit Legal accounting firms 115

Going Concern

MAY 26, 2023

Although the public health emergency is over, taxpayers can continue to apply for the tax credit until 2025. Audit Bitcoin Miner Riot Dumps Auditor for ‘Big Four’ Accounting Firm [ Blockworks ] Riot Platforms is looking to switch accounting firms as the landscape for crypto company auditors remains in flux.

public accounting 104

public accounting Account accountant accounted 104

Going Concern

OCTOBER 18, 2024

SEC’s Dropped Auditing Charges Shows Damage of Jarkesy Decision [ Bloomberg Law ] The Securities and Exchange Commission’s recent decision to drop misconduct charges against a handful of auditors proves the SEC v. They’ve already sifted out the riff-raff, these are the good ones. Tomasello sold approximately $8.5

audit 104

audit auditor New York accounting firms 104

Going Concern

JANUARY 17, 2025

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Real Estate 52

Real Estate Account accountant accounted 52

Going Concern

JANUARY 2, 2025

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Real Estate 52

Real Estate Account accountant accounted 52

Going Concern

JANUARY 9, 2025

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Real Estate 52

Real Estate Account accountant accounted 52

CPA Practice

JANUARY 9, 2024

The Institute of Internal Auditors (The IIA) – the internal audit profession’s leader in standards, certifications, education, research, and technical guidance worldwide – has released new Global Internal Audit Standards. Specific guidance to assist internal auditors in the public sector and for small internal audit functions.

audit 63

audit auditor CPA Education 63

Going Concern

FEBRUARY 13, 2025

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Account 52

Account accountant accounted Real Estate 52

CPA Practice

SEPTEMBER 11, 2024

William Melhado The Sacramento Bee (TNS) Delayed spending and a lack of oversight threaten to disrupt a $100 million grant program run by the Department of Cannabis Control intended to help businesses secure state licenses, a recent report by California State Auditor found. The Legislature approved the four-year grant program in 2021.

California 76

California auditor audit Legal 76

CPA Practice

MAY 25, 2023

AuditClub, the Audit Service Center and creator of the auditors-as-a-service model, has announced new solutions to help accounting firms succeed in navigating and implementing the AICPA’s new quality management standards. That said, it is a journey, so we encourage firms to engage with us now to be ready for the 2025 deadline.”

auditor 52

auditor audit cpa firm CPA 52

CPA Practice

AUGUST 21, 2024

These standards compel firms to ensure their quality control systems are able to comply with more stringent criteria by December 15, 2025. Throughout the journey, CPAClub’s chief auditors use a concierge approach to collaborate with firms, ensuring a tailored implementation of the new quality management system.

accounting firms 58

accounting firms audit auditor Account 58

CPA Practice

AUGUST 22, 2023

A global accounting industry survey of more than 6,000 accountants and auditors conducted earlier this year revealed the No. By David Osborne. 1 challenge respondents currently face is attracting and retaining skilled talent. This is particularly true when it comes to Millennials and Gen Zs, born in 1980 or later.

Account 92

Account accountant accounted auditor 92

CPA Practice

NOVEMBER 8, 2024

Improved billing features within CCH Axcess Practice with project-based billing anticipated by 2025. CCH Axcess Audit CCH Axcess Audit solutions continue to harness the power of the CCH Axcess platform to deliver high-quality audits, placing a strong emphasis on auditor judgment and client comprehension.

Technology 113

Technology audit auditor Tax 113

Going Concern

JANUARY 23, 2025

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Real Estate 52

Real Estate Account accountant accounted 52

CPA Practice

NOVEMBER 15, 2024

AuditBoard , a cloud-based platform transforming audit, risk, compliance, and ESG management, has announced the results of a new research report, 2025 Focus on the Future: Inflection Point for Transformation at Mid-Decade. The internal audit profession is facing an inflection point.

audit 52

audit auditor Government 52

CPA Practice

NOVEMBER 25, 2024

His term begins July 1, 2025, and extends through June 30, 2030. Caputo , whose second term concludes on June 30, 2025. She is the former Colorado state auditor, having served in that role for 10 years. Prior to becoming a state auditor, Ms. Scott to a five-year term on the Governmental Accounting Standards Board (GASB).

Wisconsin 52

Wisconsin Colorado auditor Oregon 52

CPA Practice

SEPTEMBER 12, 2024

s HR Consulting Practice Award-winning CPA advisory firm Herbein + Company, Inc. He succeeds Vic Alexander, who will transition to an of-counsel role beginning November 1, 2025, after 43 years with the firm, including 31 years as chief manager. Allison Haug, CPA, joined the Firm as an Audit Senior Manager with 12 years of experience.

Kansas 101

Kansas Pennsylvania audit accounting and finance 101

CPA Practice

DECEMBER 6, 2024

Brian Tankersley, CPA, and Randy Johnston provide a recap of the 2024 CCH Connections user conference. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab, sponsored by CPA practice advisor, with your hosts, Randy Johnston and Brian Tankersley. Randy Johnston 00:10 welcome to the accounting Technology Lab.

Technology 98

Technology Account accounted accountant 98

ThomsonReuters

JANUARY 20, 2023

These ‘soft skills’ such as critical thinking, communication, and interpersonal relationships are now more weighted in the audit profession, and they are essential for rounding out the technical skills a nd creating more than an auditor, but a business advisor.

audit 59

audit auditor Technology CPA 59

CPA Practice

MAY 14, 2024

The Public Company Accounting Oversight Board (PCAOB) has overhauled its decades-old quality control requirements for audit firms by adopting a new standard on May 13 designed to put the onus squarely on auditors and executives. 15, 2025. Firms themselves have also changed significantly, as has the role of firm networks.

auditor 68

auditor audit accounting firms financial statements 68

CPA Practice

SEPTEMBER 28, 2023

The American Institute of CPAs has released a new practice aid to help accounting professionals create a system of quality management (QM) for their firm’s accounting and auditing practice. Establishing such a system is a requirement of new AICPA QM standards, and the effective date for compliance is December 15, 2025.

audit 52

audit Account accountant accounted 52

CPA Practice

AUGUST 11, 2023

The deadlines for claiming the ERC for 2020 and 2021 are coming in April of 2024 and 2025 respectively. The agency is devoting additional resources to the problem, including hiring specially trained auditors to process ERC claims and ensure the claims are legitimate. The IRS has received more than 2.5

New Jersey 98

New Jersey tax preparation Tax auditor 98

Going Concern

OCTOBER 14, 2024

Fast forward to her sitting for the CPA exam 10 times and failing 9 while still in grad school… I had a glaring red flag in front of me that I was in the wrong profession, and yet, I clung to my career in accounting because it was a part of the plan. That financial year runs until the end of June 2025. And Deloitte.

Account 59

Account accounted accountant audit 59

ThomsonReuters

JULY 29, 2024

From a workflow perspective, many auditors feel as though they are over- or under-auditing. Look for updated guidance and methodology that is updated to meet the new SAS 146 quality management standard in 2025. But is there an effective audit methodology backed by AI-powered audit software that you can trust from start to finish?

audit 52

audit auditor financial statements Technology 52

CPA Practice

SEPTEMBER 24, 2024

However, respondents anticipate significant changes as risks related to climate change and digital disruption accelerate in the coming years,” said Anthony Pugliese, President and CEO of The Institute of Internal Auditors. “To For further insights, roundtables and interviews were conducted with audit leaders from each region.

audit 74

audit auditor Government 74