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Weekend Discussion: Fear and Loathing in Public Accounting

Going Concern

There’s something in the air and it isn’t ripe armpits in the audit room. Something else of interest I saw on Twitter: More thoughts on Private Equity (PE) and Public Accounting firms. New Mountain Capital LLC is the PE firm. As usual, the auditing practice was spun off.

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PCAOB Gives Chinese Audit Firm the Boot Over Rules Violations

CPA Practice

The Public Company Accounting Oversight Board (PCAOB) revoked the registration of a Chinese audit firm on Nov. auditing rules and for failing to cooperate with an investigation into those violations. 8 for repeated violations of U.S.

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Public Accounting Starting Salaries Expected to Increase Nearly 4% in 2024

CPA Practice

in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Audit and assurance services Senior manager/managing director: 4% Manager: 9.4%

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Accounting Firms Continue to Prioritize Work-Life Balance

CPA Practice

My generation is more focused on maintaining that work-life balance,” said Kowal, who works at accounting firm EisnerAmper in Philadelphia. “A Last summer she became a tax accountant at wealth management firm Stonehage Fleming. But that doesn’t mean she’s willing to work into the wee hours during busy season. “My

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Forvis Mazars Adds Florida Accounting Firm MSL

CPA Practice

Forvis Mazars, ranked among the largest public accounting and consulting firms in the United States, is expanding its presence in Florida with the addition of MSL, effective November 1. MSL has a 50-year legacy of building deep relationships with its clients across Florida.

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Governance and leadership dynamics in accounting firms need scrutiny

Accounting Today

The shift of public accounting firms, traditionally focused on providing auditing and tax services, into expansive multidisciplinary firms has long raised concerns among investors and regulators.

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Pennsylvania Institute of Certified Public Accountants Issues 2023 State of Pennsylvania Public Accounting Firms Study

CPA Practice

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.