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Monday Morning Accounting News Brief: PwC Partner Banned; Salary Predictions; Public Accountants Have Had It | 1.23.23

Going Concern

Brazilian retailer and PwC client Americanas filed for bankruptcy, its three largest shareholders said over the weekend they had not known of $4 billion in accounting inconsistencies. “We didn’t know of and would never allow any accounting manipulation in the company”, they said in a statement.

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Professionals on the Move – Aug. 2024

CPA Practice

Rumph received his bachelor’s in accounting and business administration from Graceland University, as well as his master’s in accounting with a concentration in forensics, from the Florida Atlantic University.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Former NSW Supreme Court justice Anthony Whealy, KC, now the chair of the Centre for Public Integrity, said the federal anti-corruption legislation could catch government contractors, such as PwC, and operated retrospectively.

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If You’re Quitting Public Accounting Try Not to Burn Bridges on Your Way Out In Case You Need to Come Crawling Back

Going Concern

Boomerang employment is a growing trend in general thanks to technology that helps people stay in contact over time, says Brian Swider, a management professor at the University of Florida and an expert on boomerang employees. Or the former PwC auditor who burned bridges and then pissed all over the bridges to put the fire out.

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PCAOB Fines Florida-Based Firm L&L CPAs $75,000 for Auditing Blunders

CPA Practice

Firms must have quality control systems in place to ensure compliance with PCAOB rules and standards, and firm personnel must conduct audits with due professional care and professional skepticism, particularly when auditing high-risk accounts and evaluating potential CAMs,” said Robert Rice, PCAOB director of enforcement and investigations.

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Friday Footnotes: Where the Audit Jobs Are; Big BDO Hires; A New Gig For PwC Alum | 9.9.22

Going Concern

Although New York, Texas, and California dominated the number of jobs being offered for the roles analyzed, Florida was the only state to appear in the top five in each of the four positions reviewed. Accounting department has record year at annual Meet the Firms event [ St. Supply and Demand. Cloud State TODAY ] A RECORD.

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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

Court records show that Urban is currently in custody in Florida, serving a prison sentence for defrauding a previous employer of more than $283,000, and using the embezzled money to pay for court-ordered restitution for a prior embezzlement. They had to be requested from the tow companies again.