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Monday Morning Accounting News Brief: KPMG Partners Take a Hit; Grant Thornton Commits to Audit Quality After Blowing It | 8.19.24

Going Concern

Small firms complained of delays in getting feedback from the agency, the paper found, indicating the regulator’s inspection regime favoured larger firms such as the Big Four. Smaller auditors did not have the same infrastructure to respond when inspectors found audit flaws, the researchers said. Here’s another one.

audit 59
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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Whilst QAD statistics always come with a health warning, explaining that they represent reviews at a substantially different population of firms each year, this is a significant change to see over a single year. Debunking common myths about auditors, auditing [ The Journal Record ] The people of Oklahoma get a lesson on what audit is.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

He obtained his CPA certification in 1987 and then returned to Smithville to work with Ed Fuqua at his local CPA firm. As CPA firms respond to increased demand for advisory services, shrinking talent pools, baby-boomer retirements and economic challenges, succession plans will continue to be accelerated.