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Does Accounting Education Belong in the University Curriculum? 

Going Concern

Gilbert Professor and Director of the School of Accountancy, University of Denver As much as I enjoy reading Going Concern, I find the article titled “ Did the Anti-150 Hour Crowd Finally Beat the AICPA Into Submission? 1 The 2023 graduates of our Master of Accountancy program started at over $70,000, most of them in Denver.

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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

Publications around the world continue to discuss the tragic sudden death of a young auditor at EY India and dirt keeps making its way to the surface. AICPA is not looking out for accountants here in USA and their actions show they are in beds with US firms to get cheap labor. Hello and happy Monday! Here’s some news.

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Here’s How Mid-Tier Accounting Firms Are Feeling About Private Equity and M&A

Going Concern

As mentioned in this week’s news brief, the Institute of Chartered Accountants in England and Wales (ICAEW) put together a snazzy little report on the state of mid-tier firms based on a survey of managing partners. They’re comprised of risk-averse accountants after all. Get over it. So this is interesting.

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Professor Accuses Professional Accountant Body of Hoarding Fines Like Smaug Hoards Gold

Going Concern

It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed Sheffield University’s Richard Murphy over the edge. The Professor of Accounting Practice at Sheffield’s Management School issued a new report chastising the group for hoarding funds.

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UK Accounting Watchdog Ramps Up Fines

PYMNTS

’s accounting watchdog, the Financial Reporting Council (FRC), has now levied more fines in two days than it has in the entirety of 2017, according to Bloomberg reports on Tuesday (June 19). Parliament committee found, adding that the FRC identified issues with Carillion accounts in 2015, but failed to act on them.

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AuditClub Appoints PwC Veteran in Leadership Expansion

CPA Practice

Brian Yujuico has been named vice president and senior chief auditor at AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model. In this newly created role, Yujuico, a Certified Public Accountant, will oversee day-to-day activities of the growing team of chief auditors, crew and cadets.

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King Charles Gives Audit Reform a Shout-Out, Guy Not at Big 4 Complains Big 4 Gets All the Business

Going Concern

Audit reform was supposed to be included in the last King’s Speech but was noticeably absent, an omission deemed “very disappointing” by the Institute of Chartered Accountants in England and Wales (ICAEW) at that time. ” Managed Shared Audit = joint auditing. We’ll get to that in a second.

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