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The Public Company Accounting Oversight Board last year inspected 230 audits conducted by the Big Four firms in the U.S. . CPAfirm says city’s audit not ready to present [ Natchez Democrat ] More muni mess. The Natchez Mayor and Board of Aldermen expected to hear results from its FY 2023 audit, but that didn’t happen.
CPAfirms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPAfirms who are ethnically diverse. in 2018 to 34.7%
through September 2026, a spokesperson confirmed. Bill to let state agencies bypass State Auditor and hire private CPAs tabled [ RadioIowa ] A bill that would have let state agency budgets be audited by private CPAfirms rather than the State Auditor’s Office has stalled in the Iowa House. in that time.
Compliance requirements for SB 253 are as follows: Beginning in 2026 (for reporting year 2025), reporting entities are required to annually report their Scope 1 and Scope 2 greenhouse gas emissions. Since TowerBrook’s investment into EisnerAmper, the first in the public accounting sector, other private equity firms have followed suit.
The recently passed California climate disclosure rule, SB 253, will require companies to start limited assurance in 2026 and reasonable assurance in 2030 for Scope 1 and 2 emissions. Future-looking information: Financialstatements usually just look at the previous fiscal years’ balance sheets.
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