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Illinois CPA Society Announces 2024 Outstanding Leadership Award Recipients

CPA Practice

The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA profession through a variety of prestigious awards.

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Lovesac to Pay SEC $1.5 Million to Settle Claims of Hidden Expenses

CPA Practice

The two former executives, then-chief financial officer Donna Dellomo and then-controller Yoon Um, attempted last year to conceal more than $2 million in shipping expenses, after the discovery that those expenditures had been belatedly recorded, according to SEC officials.

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Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team

CPA Practice

In this role, Decker will be responsible for leading the firm’s various professional practices, including Accounting Principles, Independence, SEC Regulatory Matters and the Professional Practice Director group. Decker received a bachelor’s degree in accounting and business management from Salisbury University.

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State CPA Society News & Updates – May 2024

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Illinois CPA Society (ICPAS) , one of the largest CPA societies in the U.S., Wolfe, CPA | Owner, Larry J. Wolfe, Ltd. Experienced Leaders • Anna C.

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Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024. in Accounting from the University of Missouri – St. She holds a B.S.

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Opinion: CPAs Need to Save the CPA—And Soon

CPA Practice

The city is a hotbed of professional services, including lawyers, consultants and the now-endangered species of certified public accountants. CPAs are essential for financial reporting, advanced tax preparation and other dull-but-important tasks that keep the economy going. Bear in mind that every accountant is not a CPA.

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EY Auditors Cheated on Ethics Exams and Tried to Cover It Up, Will Pay a Record Fine for Naughtiness

Going Concern

EY’s cheating is without a doubt worse as it ironically involves the ethics exam one takes to prove to the public they are worthy of the esteemed and trustworthy title of Certified Public Accountant AND instead of being like “s**t, yeah, you caught us” they straight up lied to the SEC.

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