Going Concern

AUGUST 29, 2022

Earlier today the PCAOB gave KPMG of the South African variety a slap on the wrist and punished a couple of partners for the firm collaborating with an outside accounting firm not registered with the PCAOB on three years ’ worth of audits of a public company. That non-registered accounting firm was KPMG Zimbabwe.

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Going Concern

MAY 20, 2024

PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. And the larger firms with more than 100 public clients will have to have an outsider on their board evaluating quality control. Find it, and other ICPAS insights, here.

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Going Concern

OCTOBER 30, 2023

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. Kande’s selection by PwC’s global board was revealed to the firm’s partners on Monday, according to people familiar with the internal message.

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Going Concern

SEPTEMBER 9, 2022

Accounting department has record year at annual Meet the Firms event [ St. Who says interest in accounting is down these days! The figure includes salary, car allowances and bonuses, and points to what Chartered Accountants Ireland said was the “continued strong earning prospects for chartered accountants”.

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Menzies

SEPTEMBER 12, 2024

Menzies LLP - A leading chartered accountancy firm. A significant legal update has been introduced in Parliament, which will bring greater clarity and protection for owners of Bitcoin and other digital assets.

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Accounting Insight

JANUARY 10, 2023

Kicking off our first ‘3 Minutes With’ of the year is Mark Wickersham – Accountex trail blazer, Chartered Accountant, public speaker and #1 best-selling author. He is known for helping accounting firms double their profits in less than 18 months without having to work harder or do any uncomfortable marketing.

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Going Concern

AUGUST 24, 2022

Misery in accounting is timeless after all. Plus it’s relevant given the ongoing accounting pipeline problem and concerns about accountant shortages as the paper talks about how the stereotype of “the miserable accountant” actually draws people to the profession for whom misery is a good fit.

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Going Concern

APRIL 7, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Build ChatGPT into Excel [ Journal of Accountancy ] Note that this process currently works in Microsoft Excel 365, Microsoft Excel 365 for Mac, and Excel for the web. I can imagine it.

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Going Concern

DECEMBER 1, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. How Is Deloitte Making Accounting Accessible To Diverse Young Talent? Only 10.8%

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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. A user on r/recruitinghell was rejected from a top 50 firm on Christmas. CohnReznick wrote: No two firms are identical as are no two issuer audits.

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Going Concern

JULY 22, 2022

What new managers wish they’d known [ Journal of Accountancy ] “Having responsibility doesn’t mean I can’t be a little firm with my team. And on Reddit this week: Accounting Profession Has One of the Lowest Turnover Rates in the U.S. [ USF sues former accountant who embezzled $12.8

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PANALITIX

AUGUST 23, 2020

We covered a lot of ground in a recent interview with Panalitix client Michael Burke of Burke Raftery Chartered Accountants. Along the way, he completed a post-graduate degree in behavioral science, not a usual approach for an accountant! They would probably hire a tax accountant. Here are some excerpts.

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Going Concern

SEPTEMBER 5, 2023

BDO is now among the largest ESOPs in the country and is the first large public accounting firm to transition to ESOP ownership. Also from AFR, Big 4 firms earn almost 100% of top companies’ audit fees : The big four accounting firms earned 99.3 The transaction closed on August 31. The company posted a £37.6m

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Going Concern

FEBRUARY 9, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown.

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Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm. Before the 2024 budget we set out a few areas we felt would benefit from Chancellor, Jeremy Hunt’s attention.

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Menzies

OCTOBER 17, 2023

Menzies LLP - A leading chartered accountancy firm. Nicky Purnell , Marketing Director, Jodie Watling , Director, Wealth Management, and Penny Hitch , Manager discuss all things menopause and how to cope in the workplace.

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Menzies

AUGUST 31, 2023

Menzies LLP - A leading chartered accountancy firm. Sourcing funds for the accoun t A directors’ loan account records money lent to, or borrowed from, the company by its directors which isn’t a business cost, such as salary or expense payments, or a dividend to a shareholder. per cent on the loan.

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Going Concern

JULY 17, 2023

In today’s Monday Morning Accounting News Brief (published every Monday morning at…whenever I roll out of bed), I shared this story from DutchNews about a new round of cheating of the answer-sharing variety at another KPMG arm. The moral cowardice in public accounting worldwide just stuns me sometimes.

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Menzies

FEBRUARY 21, 2024

Menzies LLP - A leading chartered accountancy firm. The increase to the fees should see Companies House deliver a better service and allow accountants, investors etc. Although the new fees appear to have increased substantially, some like the filing fee have not increased since 2016. The new fees can be viewed here.

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CPA Practice

APRIL 11, 2023

Stanley” was recently hired by an accounting firm in Los Angeles. His resume showed the experience he’d had with a reputable medium sized firm in a staff accountant role. No one is expecting smaller public accounting firms to be exceptional in their hiring processes – even the big firms can’t do this.

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Going Concern

NOVEMBER 2, 2023

The Institute of Chartered Accountants in England and Wales has written about the talent shortage , more specifically how accounting firms can retain talent in a world where sticking it out until partner is no longer something staff are interested in doing. Sounding a little too familiar these days.

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Going Concern

JUNE 3, 2022

Accountant Finds Out Client Has “Skeletons In The Closet”, Gets The IRS Involved And Makes Him Lose Everything [ Bored Panda ] It was posted on Reddit so obviously it must be true. Wilson turned it down, though, and opted instead to pursue grad school.

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Menzies

NOVEMBER 10, 2023

Menzies LLP - A leading chartered accountancy firm. We would like to invite you to our next in person Brighter Thinking Business Club breakfast seminar on Wednesday 29th November which will feature insightful presentations from our experts. We hope you are able to join us!

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Mark Lee

SEPTEMBER 24, 2024

It is still very common for smaller accountancy firms to be named after the founder(s), possibly with the addition of: “and associates” or “& Co” (even when they work alone). But a firm named after an individual will rarely STAND OUT from the crowd.

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Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm.

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Menzies

AUGUST 15, 2024

Menzies LLP - A leading chartered accountancy firm. Overview HMRC have advised they are currently targeting dog and cat breeders who may have undisclosed income from the breeding and sale of animals.

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Reckon

APRIL 6, 2024

Much like those people who don’t understand the difference between Aussie rules, league and association football and call them all footy, a number of small business owners use the terms accounting and bookkeeping interchangeably. An easy start is to say that an accountant can be a bookkeeper but a bookkeeper isn’t an accountant.

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Menzies

OCTOBER 30, 2024

Menzies LLP - A leading chartered accountancy firm. The recent budget has imposed significant challenges on businesses across the board, with the retail sector being particularly affected. The Chancellor has announced several policy changes and tax increases that will impact retail.

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Menzies

JANUARY 15, 2025

Menzies LLP - A leading chartered accountancy firm.

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Menzies

FEBRUARY 14, 2024

Menzies LLP - A leading chartered accountancy firm. As we approach the Spring Budget on 6 March 2024, the UK Hospitality and Leisure sector faces ongoing challenges.

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Menzies

FEBRUARY 14, 2024

Menzies LLP - A leading chartered accountancy firm. Martin Hamilton highlights what we could expect from the Chancellor’s Spring Budget 2024 this year, and what could benefit the Manufacturing sector.

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Menzies

NOVEMBER 8, 2024

Menzies LLP - A leading chartered accountancy firm. In this podcast, Menzies look at the Autumn Budget Breakdown 2024, with speakers Jonathan Bass, Partner, Business Recovery, Matt Watkins, Tax Disputes & Disclosures Director, Helen Cuthbert, Partner, Private Client and Stephen Hemmings, Partner, Business Tax.

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Menzies

MAY 16, 2024

Menzies LLP - A leading chartered accountancy firm. Menzies is a proud member of the HLB network which represents firms in 157 countries and every year they carry out a survey of business leaders. They included results for specific sectors including Financial Services (FS) and there are some positive messages coming in.

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Menzies

APRIL 29, 2024

Menzies LLP - A leading chartered accountancy firm. The changes are intended to reduce the complexity and administrative burden for companies and will directly impact the type of accounts a company is required to prepare and whether the company is required to have a UK statutory audit.

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Menzies

DECEMBER 12, 2023

Menzies LLP - A leading chartered accountancy firm. Choosing the right time to sell a business can be a tricky decision. Knowing when and how to start planning for this eventuality is an important consideration and can make all the difference in executing a successful exit, but how early should you start planning?

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Menzies

DECEMBER 11, 2023

Menzies LLP - A leading chartered accountancy firm.

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Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm. Investment and funding for tech companies The Chancellor has reversed the thresholds to qualify as a high-net-worth individual, reinstating the £100k income threshold (from £170k).

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