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Friday Footnotes: How to Add ChatGPT to Excel; RSM Wins Awards; Auditor Independence Pitfalls | 4.7.23

Going Concern

PwC offers cutting edge AI technology with ContractPodAi [ ERP Today Magazine ] PwC has entered into an alliance with ContractPodAi, allowing the firm to offer a cutting edge AI-powered legal contract management platform. If Your Job Exposed to ChatGPT? Castillo faces up to 20 years in prison and a $250,000 fine.

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Friday Footnotes: Big 4 Pride; KPMG Gets Snubbed; EY Goes on a Poaching Spree | 6.3.22

Going Concern

Accountant Finds Out Client Has “Skeletons In The Closet”, Gets The IRS Involved And Makes Him Lose Everything [ Bored Panda ] It was posted on Reddit so obviously it must be true. That is a far broader calculation than the old rules, which were based on losses expected imminently.

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The challenge of IFRS compliance

Menzies

Menzies LLP - A leading chartered accountancy firm. This standard come into force for accounting periods commencing on or after 1 January 2018, in conjunction with IFRS 9: Financial Instruments which covers three main topics: classification and measurement of financial instruments, impairment of financial assets and hedge accounting.

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

Now, we’re seeing (IRS audits) all over the country, from East Coast to West Coast, and it’s wherever cannabis is legal.” Gillette said she’s seen a “significant increase” in audit notification letters being sent to marijuana company clients of hers.

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Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals. All this time we thought it was going to be robots that take accounting jobs, it was Indians all along.

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Howlers, blunders, or manifest errors?

Menzies

Menzies LLP - A leading chartered accountancy firm. From our experiences as sitting as Experts in determinations, you can sometimes sense discomfort from legal teams more used to the boundaries of court and arbitral processes. Thats where having partisan expert advisers on your side a role we often take – can help.

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Expert Determinations: Howlers, blunders, or manifest errors?

Menzies

Menzies LLP - A leading chartered accountancy firm. Expert Determinations are a form of Alternative Dispute Resolution, typically used where there are technical issues best resolved by a subject matter expert such as an accountant or valuation expert.