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Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

The CAQ surveyed 748 audit partners at eight of the largest accounting firms about conditions for their clients. News KPMG plans merging UK and Swiss businesses [ Reuters ] KPMG, one of the world’s Big Four accounting firms, said on Thursday that it is exploring a merger of its UK and Swiss businesses in a bid to boost profit.

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