Going Concern

MAY 20, 2024

Auditors are required to include a going-concern warning if they believe there is a risk that the company may go bankrupt, rather than making a prediction that it will. The quality control standard represents the give and take of a decade’s worth of consideration on how to improve audit quality among auditors of public companies.

audit 105

audit auditor Account accounted 105

Going Concern

JULY 29, 2024

All this time we thought it was going to be robots that take accounting jobs, it was Indians all along. Oh and reminder: the Institute of Chartered Accountants of India (ICAI) is working on a plan to consolidate India’s 96,000 little accountancy firms into mega-firms that they think could compete with Big 4 on the global stage.

CPA 116

CPA Account accounted accountant 116

Going Concern

MAY 28, 2024

A Forvis deal we didn’t feel warranted its own article when it was announced last week (and still doesn’t): Accounting firm Forvis has struck a deal to acquire Charlotte-based ConTech 360 in a move targeted at bolstering its focus in the construction technology sector. Financial terms of the deal were not disclosed.

audit 69

audit Hospitality Account accounted 69