Remove accounting and finance Remove auditor Remove Government
article thumbnail

Accounting Groups Call for More Competitive Pay for Government CPAs

CPA Practice

State and local governments are being squeezed by a shortage of accounting professionals, making it difficult at times to find staff CPAs who can prepare critical financial information or outside firms to conduct audits. But accountants who do government work face unique challenges that require more specialized solutions.

cpas 119
article thumbnail

Finance Leaders Want Their Organization’s Audit Firm to Use AI—Immediately

CPA Practice

According to a new report from top six accounting firm BDO USA, company finance leaders are expecting technology like artificial intelligence to be used by their external auditors now to enhance their audit engagement and consider it the second-most important factor when choosing an audit firm.

audit 143
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forvis Mazars Launches Government Outsourced Accounting Services for Public Sector Clients

CPA Practice

Forvis Mazars, LLP, ranked among the largest public accounting and consulting firms in the United States, is expanding its Public Sector Advisory Services practice by launching a new line of Government Outsourced Accounting Services (GOAS) for clients.

article thumbnail

Financial Audit Preparation Steps: Expert Tips for An External Audit Process 

Withum

AICPA Audits are for the audit of private companies, not-for-profit organizations, and smaller government entities. These audits are governed by Generally Accepted Auditing Standards (GAAS) and focus on the accuracy of financial statements. PCAOB Audits are required for publicly traded companies and entities registered with the SEC.

audit 100
article thumbnail

Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

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. Others work 50 hours per week and some even as low as 30 hours, MP Kemper Rojas says. “It

Florida 98
article thumbnail

Monday Morning Accounting News Brief: It’s Not Just You, People Really Are Getting Dumber; EY Partners Getting the Axe | 3.17.25

Going Concern

Thanks to the person on r/accounting who recommended it. IGN reviews The Accountant 2. The TLDR: “Theres less bean counting in The Accountant 2, but far more blood and bullets.” In 2022, for example, the National Endowment for the Arts found that just 37.6 percent in 2017 and 45.2 percent in 2012.

article thumbnail

Monday Morning Accounting News Brief: No One Plans to Hate Accounting; PwC Was Cheating!? | 10.14.24

Going Concern

An ‘everygirl’ tells the tale of being pressured to choose a major, landing on accounting, and regretting the decision in ‘ I Was Dedicated to My 5-Year Plan—and Then It Blew Up in My Face ‘: It was the fall semester of my sophomore year of college. Land an internship at a prestigious accounting firm.

Account 59