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Friday Footnotes: KPMG Accounts For Half of All Audit Fines; LGBT Accountants Dip; EY in Big Debt? | 7.29.22

Going Concern

Reconciliation Deal Pulls Accounting Rulemaker Into Tax Politics [ Bloomberg Tax ] A panel of unelected accountants in suburban Connecticut would play an outsized role in shaping tax policy for the nation’s largest corporations under a provision inside Senate Democrats’ sweeping tax, climate, and healthcare bill.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day Named Technical Director of the Financial Accounting Standards Board [ FASB ] The Financial Accounting Standards Board (FASB) on March 20 announced the appointment of Jackson M. Movers and Shakers Jackson M. Day to the role of director of technical activities.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Shawver will serve as the new chair of the Financial Accounting Standards Board panel devoted to private company accounting concerns, FASB’s parent organization announced Friday. 1, 2024, the Financial Accounting Foundation said. based IPA 100 firm Schellman of (FY21 net revenue of $101.9

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Friday Footnotes: More Layoffs at KPMG; PwC Offers AI for Dummies; DEI Initiatives are MIA | 6.21.24

Going Concern

Practice Accounting Guidance for ESG Projects & AI Usage in Auditing [ Resourceful Finance Pro ] In a matter of months, companies will possess first-ever guidelines for environmental credit accounting. Public and private firms will be required to follow one model for marking down projects like carbon dioxide offsets.

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