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. for the fiscal year ended June 30, 2021.

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audit cpas Florida auditor 52

Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? the auditor of Tesla Korea, about the company’s financial statements for last year.

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CPA auditor Tax audit 99

Going Concern

APRIL 29, 2022

4 Ways CPAs Can Explain the Tax Benefits of Direct Indexing to Clients [ Parametric ] Let’s unpack what CPAs should know about direct indexing from a tax perspective—and explore some unique and effective methods for explaining it to your clients. Less work for EY auditors? Auditors Fire Messy Municipal | 4.29.22

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auditor audit Account accountant 52

CPA Practice

SEPTEMBER 5, 2023

AICPA Updates Digital Assets Practice Aid, Adding Audit Guidance The American Institute of CPAs (AICPA), representing AICPA & CIMA, has updated its practice aid for accounting and auditing of digital assets, with added material on auditing. 1.6417-1(c).

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audit cpas auditor accounting principles 59

ThomsonReuters

JANUARY 18, 2024

Recording expenses and preparing financial reports. Working with external auditors. For instance, accountants may specialize in serving nonprofits, manufacturers, restaurants , or dental offices. Accountant vs. CPA vs. tax preparer: What are the differences? Recording disbursements and payments.

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Account accountant accounted tax preparation 59

Going Concern

APRIL 1, 2024

The storage container manufacturer is the latest on a growing list of companies that have delayed their annual reports for a host of reasons. It’s Joy Merriner’s job as an independent auditor with the firm BDO to go through the city’s financial statements and make sure they are fair and accurate.

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Account accountant accounted audit 104

Going Concern

JANUARY 26, 2024

How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. This allows auditors to shift attention to more complex and strategic work, like interpreting results and offering experience-based insights to clients.

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