Going Concern

JULY 29, 2024

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals. … In essence, the US accounting crisis presents a unique opportunity for Indian accountants.

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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. Shout-out to NPR for continuing to stay on top of the accounting shortage. Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. Find it, and other ICPAS insights, here.

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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. [ CPA Practice Advisor ] Accounting had the third-lowest average turnover rate (9.4

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Going Concern

JUNE 8, 2023

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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Going Concern

MAY 3, 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. Treasury has today released two consultation papers on the adequacy of current settings.

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Accounting Insight

JULY 27, 2023

An accountant and mentor has been Highly Commended for her third business book at a national award ceremony celebrating quality and variety. Della Hudson, of Minerva Accountants in Bristol and Somerset, has written Changing the Numbers: How to deliver advisory services for maximum success for fellow accountants.

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PYMNTS

JUNE 20, 2018

’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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Going Concern

SEPTEMBER 12, 2023

Retired accountant and generally angry dude David Forge has been kicked out of the Institute of Chartered Accountants in England and Wales (ICAEW) over several not nice emails he sent to a variety of people. Not clients, not fellow accountants, just unfortunate people caught in his cyclone of anger.

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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

OCTOBER 17, 2022

It appears all of this (alleged) behavior stems from the accountant not wanting to lose her clients and lashing out at them when they tried to call things quits. ” The client was a bakery that ran into problems when they tried to switch to a different accountant. .”

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PYMNTS

MARCH 30, 2020

That’s according to a recent letter by the Institute of Chartered Accountants in England and Wales, which publicly urged corporates to continue to pay their small suppliers on time to help support businesses through the current economic volatility. million businesses in the U.K.

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Going Concern

MAY 28, 2024

The local news in Cincinnati covered this strategic move : One of Greater Cincinnati’s largest accounting firms is being acquired by an Indianapolis company. The Institute of Chartered Accountants in England and Wales (ICAEW) has published a report called Evolution of Mid-Tier Accountancy Firms.

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CPA Practice

JULY 8, 2024

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. The survey polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S.

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Ronika Khanna CPA,CA

DECEMBER 1, 2023

Eg, the Canadian Institute of Chartered Accountants would have to hold the qualifying event somewhere in Canada otherwise the deduction might be denied. Eligible capital expenditures account are classified under CCA Class 14.1 The conference must be held within the “territorial scope” of the sponsoring organizations.

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Going Concern

JUNE 17, 2022

VCs Target AI Accounting Startups as Companies Look to Control Spending in Uncertain Economy [ Wall Street Journal ] It’s finally happening! World-wide, startups making AI-powered accounting software amassed $233.3 Let the robot takeover commence! Now, that candidate may test in each of those locations.

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CPA Practice

APRIL 11, 2023

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. In this role, Yujuico assisted with the execution of audit quality initiatives and facilitated accounting and auditing training.

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PYMNTS

FEBRUARY 14, 2019

The company’s founder spoke at the Indian budget forum hosted by the Institute of Chartered Accountants of India-Dubai. The company planned to sell 30 percent of its shares publicly and use that money to expand.

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Going Concern

JULY 17, 2024

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. This is the only way we will build audit market resilience,” he said.

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CPA Practice

JUNE 19, 2023

Kern Roberts promoted to Managing Director, Global Accounting Practice Lead at Chatham Financial Chatham Financial, a global leader in financial risk management advisory and technology solutions, recently announced the promotion of Kern Roberts to the role of Managing Director, Global Accounting Practice Lead.

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Going Concern

SEPTEMBER 12, 2023

On June 20 of this year , CPA Ontario, the regulatory body responsible for overseeing Chartered Professional Accountants and accounting firms in Ontario, provided notice of intent to conclude its current arrangement with the national CPA Canada body. The terms of the accord are up for discussion every five years.

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Going Concern

MAY 17, 2024

Sad prediction: AI and offshoring are going to wreck the accounting profession in the next decade. In all the talk about AI and offshoring eliminating accounting as we know it, one aspect not talked about enough is the first 1/4th of the pipeline. ” The latter are definitely on the endangered species list. .

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Going Concern

JUNE 7, 2024

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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Going Concern

SEPTEMBER 30, 2024

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.

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Going Concern

FEBRUARY 3, 2025

From The Times : “ Graduate jobs slashed as accountings big four feel the squeeze “ The big four accounting firms have slashed graduate jobs and shed thousands of staff outside of official redundancy rounds, as they cut costs in the face of a prolonged downturn for professional services. Good morning! billion in assets.

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Going Concern

JULY 11, 2024

INSIDE Public Accounting ran a little pulse survey last month and asked 84 managing partners at accounting firms with revenue of $15 million or more for their views on the private equity trend sweeping the profession. by u/Jumpy_Parsnip3954 in Accounting You know who this might work out well for? Exhibit A: Ah yes.

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Going Concern

APRIL 25, 2023

Gilbert Professor and Director of the School of Accountancy, University of Denver There has been much discussion about the 150-hour rule recently. 2 States were so slow to adopt the substantial equivalency provisions of the Uniform Accountancy Act (UAA) that the AICPA created a Special Committee on Mobility in April 2006.

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Going Concern

JANUARY 5, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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