Going Concern

MARCH 25, 2022

PCAOB cautions firms on use of outside service providers for audit confirmations [ Accounting Today ] The Public Company Accounting Oversight Board issued a Spotlight publication Monday containing some observations and reminders for auditing firms about relying on outside service providers for electronic audit confirmations.

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Going Concern

FEBRUARY 24, 2023

Facts to consider: A survey of MNCPA members shows an increase in the number of new hires who hold accounting degrees with 120 credit hours. When entities can’t find qualified auditors, will audit thresholds be raised, which increases the risk to communities?

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Going Concern

APRIL 20, 2022

By 2014 however, the benevolent overlords at the AICPA noticed a troubling statistic: despite record enrollments, this abundance of accounting students did not appear to be pursuing the CPA exam as expected. In other words, more people than ever were graduating with accounting degrees but CPA exam candidate numbers stayed the same.

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Going Concern

MAY 2, 2023

Our favorite Aussie professional services expert Edmund Tadros at Australian Financial Review has written about Deloitte and EY bringing more than 800 warm bodies into the country to staff areas like audit and cybersecurity where talent is scarce. Let’s see what he said. In the U.S.,

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Going Concern

MAY 20, 2024

Today the EY organization has announced new technology capabilities and a global Artificial Intelligence (AI) Assurance framework for EY professionals as part of a multi-year, technology driven audit transformation program which is supported by plans to align approximately 9,000 Technology Risk professionals to the Assurance service line.

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Going Concern

SEPTEMBER 1, 2023

Check out this week’s top remote accounting candidates. Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals. 30 after 33 years with the firm.

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Going Concern

FEBRUARY 12, 2024

Someone you know spoke to NPR’s Marketplace for this story: Some accountants are turning away new customers this tax season Tax filing season is here and if you’ve been putting off finding a CPA, good luck. How did one American firm gain 20 net new auditor engagements? We get calls all the time saying, ‘Hey, my CPA just retired.

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Going Concern

JUNE 24, 2022

Institutions are exploring the space — KPMG Canada crypto team [ Cointelegraph ] The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members. In response to the issuance of Staff Accounting Bulletin No.

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Going Concern

JUNE 28, 2024

Internal audit’s role in the new European Union’s Artificial Intelligence Act [ Wolters Kluwer ] The European Union’s Artificial Intelligence (AI) Act is a landmark regulation that seeks to define and harmonize comprehensive rules for the development and use of AI systems across the EU.

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