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audit auditor Florida 
TaxConnex
MAY 18, 2021
sales tax audits ?were sales tax audits to become more common over the next two years. of respondents said they believe audit levels?will already seen an increase in the number of audits in the past two years. ramping up audits remains?anecdotal,?but How does a business get selected for an audit? anecdotal,?but
246 
Accounting Today
MAY 7, 2024
The Public Company Accounting Oversight Board sanctioned three auditors from Florida accounting firm Liggett & Webb for violations involving audit evidence, professional skepticism, and other matters.
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
TaxConnex
JULY 9, 2024
Some states, such as Florida and Texas, can give one due date for payment and another for the return, meaning you could find yourself with an unexpected penalty. Audits Thankfully, you may never go through a sales tax audit. Auditors will ask for data and any replated invoices.
264 Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption
TaxConnex
MARCH 16, 2021
sales tax audits ?are sales tax audits to increase over the next two years.? already seen an increase in audits over that same time. Even the only two states with a state-wide sales tax that have held out from enacting economic nexus – Florida and Missouri – may be edging toward making sellers collect and remit sales tax.
221 
Going Concern
NOVEMBER 1, 2024
Audit Private Equity’s Ties to Companies’ Auditors Have Never Been Closer. The supplement provides audit firms with additional guidance regarding remediation, including making the most of the remediation period, the potential influence of non-technical factors on persistent quality control criticisms, and more.
52 
Going Concern
FEBRUARY 10, 2023
Audit Americanas’ $4 Billion Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record [ Bloomberg ] A $4 billion accounting shortfall would typically raise alarm bells for an auditor. The post Friday Footnotes: Florida Man’s Tax Problem; Accountants Are Walking Out; BDO Assures on Tether | 2.10.23
105 
Going Concern
SEPTEMBER 9, 2022
Although New York, Texas, and California dominated the number of jobs being offered for the roles analyzed, Florida was the only state to appear in the top five in each of the four positions reviewed. BDO bolsters audit practice with 600 new trainees following watchdog’s damning criticism [ City A.M. Supply and Demand.
98 
Going Concern
DECEMBER 29, 2023
Kill the Audit Industry, Says Ex-Auditor published June 1, 2023 #4. Let’s Speculate Wildly About Why All the BDO USA Partners Are Getting Together for a Secret Meeting in Florida (UPDATE) published August 8, 2023 And the biggest story of the year was… #1.
111 
Going Concern
DECEMBER 1, 2023
The measure targets the non-audit departments of each city branch in China, including consulting, financial advisory, risk advisory and assurance. As I sat under the Commencement tent, I expected to hear messages about working hard to build a company and achieve revenue growth,” Christopher Hill ’23, an audit associate at PwC, says. “I
111 
CPA Practice
JUNE 10, 2024
The Public Company Accounting Oversight Board (PCAOB) doled out $150,000 worth of total fines to a Plantation, FL-based CPA firm on June 10 for violations related to quality control, auditing failures, and missing Form AP deadlines. L&L also failed to timely file Form APs for two audits. for the fiscal year ended June 30, 2021.
52 
CPA Practice
AUGUST 6, 2024
Brown Plus Welcomes Four New Team Members Leading accounting and advisory firm,Brown Plus, recently announced the hiring of four new team members: Michael Corona started with Brown Plus as an intern and is now an Audit Associate. He graduated from York College with a Bachelor’s degree in Accounting.
105 
Going Concern
SEPTEMBER 25, 2023
Court records show that Urban is currently in custody in Florida, serving a prison sentence for defrauding a previous employer of more than $283,000, and using the embezzled money to pay for court-ordered restitution for a prior embezzlement. The audit also showed the system was badly mismanaged by the Police Department.
105 
Going Concern
APRIL 1, 2024
Related to this I suppose, Alaska Public Media did a story on the city of Anchorage having some municipal audit problems : A long overdue financial audit of Anchorage’s bookkeeping may keep the city from getting tens of millions of dollars in grant money. Would be pretty funny if they take it back tomorrow.
105 
Going Concern
MAY 12, 2023
China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue. based IPA 100 firm Schellman of (FY21 net revenue of $101.9
111 
Going Concern
JUNE 7, 2024
By Sharon Lassar, PhD, CPA (Florida) John J. Page 21 of the report copies a chart from the Center for Audit Quality’s study that shows 61% of students who chose NOT to major in accounting cited the ability to earn a higher salary with a different major as reason. 1 Junior auditors: Stunted salaries: Lex.
111 
PYMNTS
NOVEMBER 2, 2018
1) that a probe by international auditors is underway, examining a fraud that could be $200 million in scope at Aegean Marine Petroleum Network , tied to shell companies that ostensibly did business with the shipping fuel firm. Procards Get Auditor’s Scrutiny. The audit covered the period of July 1, 2014 to Dec.
67 
Going Concern
JULY 26, 2024
He remains active in business as a member of the Board of Directors and the Audit Committee Chair for The Reserve Petroleum Company. Ditzler is also a member of the audit committee of the Oklahoma City Community Foundation. Eddy Ditzler is retired from public accounting and lives in Edmond, Oklahoma, with his wife of 39 years, Deniece.
105 
Going Concern
AUGUST 19, 2024
That’s the accusation covered in this FT article : The US Securities and Exchange Commission has been accused of censorship after forcing an academic to delay publication of a paper examining the impact of regulation on small audit firms for nine months. I learned so much sat in the audit team room in my first few years.
59 
Going Concern
APRIL 6, 2022
Starting salaries in Tax and Audit are up ever-so-slightly from 2021: Tax. Audit and assurance services. Senior auditor: 1.6%. Auditor, 1-3 years’ experience: 2.2%. Auditor, 1-3 years’ experience: 2.2%. Entry-level auditor: 1.6%. These salary projections cover the following nine positions: Audit partner.
PYMNTS
NOVEMBER 26, 2018
A new report suggested a surprising correlation between executives’ accounting expertise and the risk of those misstatements, and researchers said the findings could be key to auditors , financial regulators and corporate directors. In their “Do Auditors Recognize the Potential Dark Side of Executives’ Accounting Competence?”
Going Concern
FEBRUARY 9, 2024
The Use Of AI By Financial Executives And Their Auditors [ Forbes ] Artificial Intelligence (AI) is starting to have the capabilities to improve both financial reporting and auditing. However, both companies and audit firms will only realize the benefits of AI if their people are open to the information generated by the technology.
104 
Going Concern
MARCH 13, 2023
EY’s US boss Julie Boland blindsided the global leadership when she announced in a webcast to US partners on Wednesday that the plan would be put on “pause” to resolve an international row over how much of the tax practice would stay with EY’s core audit business. A former Deloitte partner is suing Metropolitan Life Insurance Co.
52 
Going Concern
JULY 1, 2022
Ernst & Young IPO Will Create a Lot of Sour Grapes [ Washington Post ] Big Four auditor Ernst & Young LLP’s potential IPO of its consulting activities could trigger stock windfalls of as much as $8 million each for the consulting partners, according to the Financial Times. In time, they could cash in their stock.
59 
Going Concern
APRIL 3, 2023
EY fined, banned from some audits in Germany over Wirecard scandal from Reuters : Germany’s accounting watchdog on Monday handed the 2016-2018 auditor of Wirecard, named in the company’s annual reports as EY, a 500,000 euro fine ($541,650.00) and banned it from taking on new audits for companies of public interest for two years.
52 
Basis 365
AUGUST 21, 2024
Recently, the Florida Department of Law Enforcement (FDLE) arrested a Wauchula man for allegedly defrauding his employer, a school, of over $50,000. This not only enforces SoD but also provides a clear audit trail for every transaction. Audits can help detect unusual patterns or transactions that may indicate fraudulent activity.
Going Concern
FEBRUARY 24, 2023
When entities can’t find qualified auditors, will audit thresholds be raised, which increases the risk to communities? Will regulators allow other options for audit and attest requirements because the CPA profession is unable to meet the market needs? Not all workers in other countries are subject to the 150-credit requirement.
98 
Going Concern
NOVEMBER 17, 2022
Hopefully Uncle D will do a bang-up job this time for the state of Michigan, unlike some of the other state unemployment benefits systems it has handled (or mishandled) like Florida, Illinois, Colorado, and California. But the ABC affiliate in Tampa Bay reported in July 2021 that Florida had paid out $1.9
52 
Going Concern
NOVEMBER 8, 2024
The report also recommends that these private firms be limited to 400 partners, and that they be prevented from offering both audit and non-audit work – like consulting services – to the same client. “Our team will continue to grow as we strengthen our South Florida operations,” he added. .” It’s free!
98 
Going Concern
JULY 29, 2024
Another weed-loving American firm has gotten hand-slapped by Canadian audit regulators : According to its enforcement action against Macias Gini & O’Connell, CPAB inspected three audit files and identified significant inspection findings in all three files, which “indicated continued concerns over audit quality.”
116 
Going Concern
DECEMBER 8, 2023
Auditors say accountant shortage ramps up work pressure: CAQ [ CFO Dive ] A shortage of accountants has intensified pressure and ramped up workloads for accounting teams at U.S. companies while hindering recruitment and retention, according to 78% of audit partners surveyed by the Center for Audit Quality. Cohen & Co.,
118 
Going Concern
OCTOBER 1, 2022
Unlike anybody else, we’re actually building tools and applications in this space, so we built, for example, our own blockchain audit platform, where we can do on-chain and off-chain transaction reconciliation,” said Paul Brody,blockchain lead at EY. Seven things you (probably) don’t know about internal auditing [ Accountants Daily ].
98 
Going Concern
MAY 20, 2024
Today the EY organization has announced new technology capabilities and a global Artificial Intelligence (AI) Assurance framework for EY professionals as part of a multi-year, technology driven audit transformation program which is supported by plans to align approximately 9,000 Technology Risk professionals to the Assurance service line.
105 
Going Concern
MARCH 6, 2023
And in the UK, KPMG auditors got an email from the boss: No mid-year promotions for KPMG audit staff [ The Times ] KPMG has cancelled the now-regular round of mid-year promotions for its thousands of auditors. Deloitte has no plans to cut staff, in contrast to rival KPMG, which is eliminating about 200 roles.
19 
Going Concern
FEBRUARY 12, 2024
Canadian Accountant put out a piece on the auditor shuffle using some Ideagen Audit Analytics data : While the annual data provided to Canadian Accountant by an American data analytics firm always contains a few fascinating odds and ends — and that year was no different — the most recent data available presented a mystery.
72 
Going Concern
FEBRUARY 26, 2024
Marine Corps passed a full financial audit for the first time, with the service announcing Friday its fiscal 2023 financial audit received an “unmodified audit opinion” after a rigorous two-year review. The US audit watchdog also inspected four EY Canada audits in 2020 and found deficiencies in half the engagements.
59 
Going Concern
AUGUST 11, 2023
This has been a very successful decision with KPMG doubling in size since then assisting our growing client base in areas including audit services, advisory and business and tax advisory.” “In July, 2021, the firm established the KPMG South Pacific Partners made up of KPMG Fiji, KPMG PNG and KPMG Australia.
97 
Going Concern
JANUARY 29, 2024
has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business. Tupperware hired the Big Four auditor on Jan. According to EY, she resigned as partner and never worked on the Asda audit. Randy bunch, those EYers.
52 
Going Concern
JULY 5, 2023
The Florida State Fire Marshal is investigating a suspicious fire at Orange Park CPA in the Jacksonville burbs. billion in audit fees in 2022 according to data from Ideagen Audit Analytics. billion in audit fees in 2022 according to data from Ideagen Audit Analytics. That’s only 3.2% More from FT.
52 
Withum
NOVEMBER 6, 2024
The consequences of not paying reasonable W2 salaries are as follows: Increased IRS scrutiny and audits: Underpaying active shareholders in salary while paying significant distributions can trigger IRS audits. This misclassification can trigger scrutiny from the IRS leading to potential audits.
72 
Going Concern
NOVEMBER 27, 2023
The state budgeted $5 million for the audit, which is being conducted by global consulting firm KPMG. The consultants have spent 15 months looking into the Florida Department of Corrections and found that without a change of course, Florida prisons could be headed toward crisis. The ICAEW answers the question “Why audit?”
111 
Going Concern
OCTOBER 25, 2024
Firm Watch Whistleblower says big accounting firm hid evidence that a Saudi co-defendant helped finance 9/11 [ Florida Bulldog ] So this is…a lot. Big Four firm cuts jobs in Tampa in firm-wide layoffs [ Tampa Bay Business Journal ] This confirms what we were told about PwC delaying layoffs in Florida due to Hurricane Milton.
Going Concern
JANUARY 31, 2025
Local accounting firm expands in North Palm Beach County [ South Florida Business Journal ] Kaufman Rossin CPA + Advisors, one of Floridas largest independent accounting and advisory firms, has opened an office in Palm Beach Gardens. Moving forward, the New York team will continue to serve its business and tax clients.
52 
Going Concern
DECEMBER 9, 2022
Grant Thornton merges two Orlando offices as firm continues to grow in Florida [ Grant Thornton ]. A DYNAMIC office change for Grant Thornton’s CHOSEN MARKETS in Florida. Grant Thornton LLP will merge its two locations in Orlando, Florida. Audit reform should not dance to the Big Four’s tune [ Financial Times Opinion ].
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