auditor Education financial statements 
Going Concern
JANUARY 9, 2025
Restatements of financial statements and management reports on internal control over financial reporting (ICFR) that were audited by the firm over the past three years. This business model is a complete mismatch for the complexity auditors need to master in todays environment to achieve suitable levels of audit quality.
Going Concern
NOVEMBER 4, 2024
Given the demands CPAs face — often, they serve on understaffed teams due to a shortage of accounting talent, while also needing to obtain continuing professional education credits in order to maintain their certified public accounting licenses — some experts were not surprised to hear about the multi-tasking practice. “If
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Going Concern
JUNE 29, 2022
With the EY cheating scandal making headlines even outside of our precious little accountosphere we decided to take a look at the full SEC order to answer the question — how and why were EY auditors cheating on CPE exams? The long and short of it is, EY auditors trying to shortcut CPE took advantage of a software exploit.
CPA Practice
NOVEMBER 11, 2024
DataSnipper : The Intelligence Automation Platform and Advanced Extraction Suite have provided functional automation to auditors for some time. AuditBoard : Offers robust risk management and audit automation features. Diligent One Platform : Integrates GRC and board management while anticipating risks to stay ahead of evolving regulations.
Going Concern
NOVEMBER 27, 2024
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
Going Concern
APRIL 22, 2024
Those of us who’ve worked or even simply seen behind the curtain of audit know the things he points out to be true — assurance is reasonable not absolute , financial statements are the responsibility of management not auditors, “finding fraud” is not the ultimate goal of audits — but do investors?
Going Concern
JUNE 28, 2022
The SEC has fined EY a record $100 million after an investigation revealed auditors at EY were cheating on ethics exams (open book ethics exams we presume) and CPE; worse than cheating alone, they actively tried to cover it up and hide the cheating from the SEC. Well this is bad.
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