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Friday Footnotes: Big 4 Nixes Legal Practices; EY Looks the Other Way; Auditors Get Lectured Again | 10.14.22

Going Concern

KPMG and EY have also closed, according to people with knowledge of the matter, and both no longer have operational local law firm websites. List analysis: In fight for talent, nearly all accounting firms allow remote work [ Crain’s Cleveland Business ]. Accounting firm Benitez & Co.’s Talent and Hiring.

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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

Attorney’s Office, Western District of North Carolina ] A federal grand jury in Charlotte has indicted Mandy Deann Urban, 47, formerly of Charlotte, with wire fraud, for allegedly embezzling more than $1.1 Attorney for the Western District of North Carolina. million from her employer, announced Dena J.

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New AuditClub Passes Help CPA Firms and Companies Find Talent

CPA Practice

AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model, has announced new and enhanced weekly passes that allow members to subscribe to AuditClub professionals with an experience level geared to the support they need during the upcoming busy season and beyond.

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23

Going Concern

Former employee of Chattanooga accounting firm speaks out [ Local 3 ] A former employee of Croft and Frost is speaking out following the accounting firm’s shutdown that cost him and his coworkers their jobs. That compares with the $1.6 billion the company generated for all of 2022. Williams said in a news release.

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Monday Morning Accounting News Brief: Billions of ERC Claims Denied; On the OnlyFans Career Track; 24-Hour Busy Season?? | 6.24.24

Going Concern

And, some of it is trust, and some of it is compliance, and that’s why we have auditors come in and check our trust,” said Brigham. And Vance County, North Carolina is learning the importance of internal controls : The FBI is investigating the financial dealings of Vance County’s former finance director.

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Johnson continues, “If accounting firms want to venture deeper into the world of financial planning or wealth management, I suspect they would not be able to find enough CPAs with the necessary skill set to easily step into the role. The best financial planners or wealth managers will set themselves apart with outstanding soft skills.”

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Friday Footnotes: Know Your Value; Retired EY Partners Complain; ‘Rest For Success’ | 2.3.23

Going Concern

Big 4 EY considers handing retired US partners cut of proceeds from spin-off [ Financial Times ] EY has told retired US partners it is considering giving them a cut of the proceeds from a spin-off of its consulting arm, after complaints that the firm’s leadership is cashing in on a business built by previous generations. Ha ha,” he chuckles.

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