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Monday Morning Accounting News Brief: EY Didn’t Have a Labor Permit; Deloitte Partners Allegedly Suffer But Not Really | 9.30.24

Going Concern

More from Reuters : Probe into EY Indian employee’s death finds office lacked labour welfare permit Related to this, The Institute of Chartered Accountants of India (ICAI) has established a dedicated group to recommend ways to improve work-life balance and reduce stress among Chartered Accountants. They’re currently at $1.19

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New Tech for Accounting Firms Get Spotlight at 2024 Conferences

CPA Practice

As of this writing, I’m particularly anticipating the CPA Practice Advisor Mashup event at AICPA Engage, where I’ll present a version of Tech Update, which is the motivation for this column. Quantum computing – The new generation of computing is anticipated to arrive by 2030.

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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

No doubt, as time goes on, AI will get better and more positions may be replaced by AI but do you, the accountant, have to worry about your job? Haven’t they been saying for at least ten years now that 95% of accountants will be replaced by 2030? Over time, she gets faster and better at inputting the data with a little practice.

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Friday Footnotes: Private Equity DGAF; Controllers Reflect on Their Future Skill Set; PCAOB Does Something | 9.27.24

Going Concern

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.

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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. As the Firm has helped clients, Frequently Asked Questions (FAQs) have emerged.

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RSM US Reaches Revenue of $3.7 Billion in FY 2023

CPA Practice

Simultaneously, we have been positioning our firm to meet the future,” he continued. “In In January 2023, we launched a new global strategy for 2030, uniting all 57,000 people at RSM around the world. Among RSM’s core service lines, consulting comprised 38% of the firm’s revenue, followed by tax at 33%, assurance 28%, and other 1%.

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Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

public-sector consulting business of Big Four accounting firm PricewaterhouseCoopers for an undisclosed price and rebranded it as Guidehouse. governance overhaul efforts, a bid to give partners there a greater voice in firm strategy, following the failed separation of its audit and advisory businesses earlier this year.

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