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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

Practice Management We interrupt your regularly scheduled news links with a message from Accountingfly: Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

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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Friday Footnotes: EY Doesn’t Regret a Return to Office; Consulting Cut Backs; AI Will Not Replace Accountants | 8.11.23

Going Concern

million) is merging in Hearthstone CPA Group of Bremerton, Wash. 10, 2023—the board has a lot of work to do before it can finalize a proposal aimed at strengthening its standard to require public company auditors to more proactively identify, evaluate and communicate instances of a company’s non-compliance with laws and regulations (NOCLAR).

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Friday Footnotes: AI More Trusted Than CPAs; We’re Interested in Carried Interest Again; Is Consulting So Back? | 2.7.25

Going Concern

Nearly 43% of respondents say they would trust artificial intelligence for help more than tax professionals like CPAs. Gregg Township faced difficult questions about how such a large sum of taxpayer funds went unaccounted for so long, including by auditors who annually examine the townships financial picture. As he usually does, U.S.

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Friday Footnotes: The Future of the Profession Sounds Terrible; F Your Weak Salary Bump, EY; Intuit Axes 1,500 People | 7.12.24

Going Concern

Big 4 University of Kentucky to pay Deloitte $1.3M Big 4 University of Kentucky to pay Deloitte $1.3M That extra 30 has to go somewhere,” notes Jennifer Cryder, CEO of the Pennsylvania Institute of CPAs, who outlined her support of the pentagon in a recent report on retention. [Ed. Tax Project 2025 would overhaul the U.S.

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