Going Concern
JANUARY 23, 2025
One respondent suggested that there were already disgruntled clients unhappy with accountancy firms taking on PE investment, and that remaining independent was an opportunity for their firm. In “Choosing your accounting firm: why ownership matters” he writes: The accounting industry is currently at a crucial crossroads.
Going Concern
JANUARY 6, 2025
While I have you, allow me to ask you to take our 2025 Predictions for the Accounting Profession survey — it’s quick, simple, and we don’t want your email. FT : Accounting firms say the metrics tell investors little about whether an audit is being done well and are likely to be misunderstood without additional context.
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CPA Practice
MAY 18, 2023
Victoria Saravia Bazoberry (New York), a graduate of the University of Notre Dame with a Bachelor of Business Administration in accountancy, is employed with KPMG LLP in New York, NY. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role in advancing education within the profession.
Accounting Insight
NOVEMBER 29, 2024
The Institute of Chartered Accountants in England and Wales (ICAEW) has announced a new category within its Technology Accreditation scheme; “Client Communications” and ClientWindow is the first solution to be accredited in this new category.
CPA Practice
JUNE 25, 2024
Garden City, NY-based KKM CPA Associates and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively, by the Public Company Accounting Oversight Board (PCAOB) on June 18 for not following U.S. The proceeding resulted in a monetary penalty given to BDO Chartered Accountants & Advisors.
Going Concern
JUNE 4, 2024
Last week, I wrote a way too long piece on the Institute of Chartered Accountants in England and Wales (ICAEW)’s recent report “ Evolution of mid-tier accountancy firms.” And that’s not necessarily a bad thing, the accounting profession is reactive and scared of taking big risks for a reason.
Going Concern
MAY 30, 2023
FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.
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