CPA Practice

JANUARY 23, 2023

As accounting firms begin 2023 they have one thing top of mind — how to effectively recruit and retain talent. accountants and auditors have left their jobs in the past two years, a 17 percent decline, and the dwindling number of college students coming into the field can’t fill the gap.”

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Going Concern

SEPTEMBER 29, 2023

The hallmark of a great auditor is not just understanding debits and credits, but understanding how the client makes money and the economics and the cash flows,” added Maginnis. “A Young people today have the opportunity to marry a personal passion with the type of organization that needs accounting services,” said Maginnis. “It

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Withum

MAY 14, 2024

As discussed in our previous article, The Case for Using a Forensic Accountant , confronting the prospects of a cash-based audit is fraught with potential traps and exposure to civil and criminal penalties, including incarceration. This makes the forensic accountant part of the defense team. Cash has a destination.

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Going Concern

JANUARY 17, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

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Withum

AUGUST 2, 2024

Withum’s Forensic and Valuation Services Team establishes and maintains bookkeeping and accounting systems designed to prevent fraud and detect it if it occurs. We can teach financial literacy; however, in the end, everyone is responsible for their finances.

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FraudFiles

MAY 16, 2022

The growth in forensic accounting and fraud investigation specialties has led accounting firms of all sizes to expand their practices to these areas. Is it as easy as it sounds to add forensic accounting to your firm’s competencies? It is a simple decision to start providing accounting services.

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Going Concern

SEPTEMBER 19, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

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FraudFiles

SEPTEMBER 6, 2022

When an IRS auditor or criminal investigator suspects that a taxpayer has unreported sources of income, he or she looks for ways to calculate that unreported income. Forensic accountants and fraud investigators can use the same method to calculate unreported income in other types of cases, such as divorce.

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Going Concern

MAY 12, 2023

China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue. Town officials said they took out a $2.3

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Going Concern

SEPTEMBER 18, 2023

” Interested individuals in the financial services industry — such as tax accountants, forensic accountants auditors, controllers and treasurers — can learn more and apply through the job announcement. More than the number, auditors are exiting big names, which used to be a rarity.

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PYMNTS

JULY 21, 2020

Once worth $28 billion before it collapsed last month, Wirecard has contracted with Alix Partners, the New York-based forensic accounting firm, to explore the two missing deposits in Philippines banks totaling more than $2 billion uncovered by its auditor Ernst & Young and nearly $4 billion it owes creditors.

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Snyder

MARCH 14, 2023

Auditor The role of an auditor is two-fold. Within the company, you work with, inspect and review accounting processes and records for accuracy before external auditors come in and check them. Information Technology Accountants Accounting is an evolving field, and it’s moving fast with technology.

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FraudFiles

AUGUST 31, 2022

Many of the administrative parts of a forensic accounting or fraud investigation project are similar to those in a traditional auditing assignment. Typically, the auditors rely heavily on the audit plan and audit work papers from the prior year to guide their current year work.

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FraudFiles

DECEMBER 10, 2021

These are some of the most dreaded words an individual or business will ever hear from a state or federal tax auditor. Arguing about who and what to blame does not help the company combat an aggressive auditor. Small gaps in documentation should not be an issue for an auditor, who will look for “substantial compliance.”

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FraudFiles

NOVEMBER 24, 2020

The team might include: attorney, fraud examiner or forensic accountant, auditor, private investigator, computer consultant, and a management representative. Depending on the seriousness of the allegations and the level of examination required, the team could be as few as one or two people, or as many as dozens of people.

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Going Concern

APRIL 1, 2024

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. When he started in the position last May, he said he only had seven out of 17 accountant positions filled. “A He said he’s up to 15 accountants now.

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Snyder

MARCH 6, 2023

Hop on reading to learn more about the role of an accountant: 1. Accountants: a quick job description 2. Different types of accounting careers Public accountant Corporate accountant Forensic accountant Governmental accountant 3. What influences the change in accountants’ role and functions?

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PYMNTS

DECEMBER 5, 2017

That criticism heightened after the Financial Reporting Council decided to clear KPMG — one of the nation’s Big Four auditors — of wrongdoing after probing KMPG’s conduct in working with failed lender HBOS. Reports said the U.K.’s

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ThomsonReuters

JANUARY 18, 2024

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Working with external auditors. Types of accountants and niche practice areas There are, of course, various types of accountant jobs and areas of specialty.

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Going Concern

APRIL 21, 2023

The withdrawal is “catastrophic,” said Miranda Meginness, Marion’s auditor. Yet the founder and CEO of upstart forensic accounting firm Alley101 currently finds himself assisting multiple federal agencies in fraud-related investigations. In March, the company put Marion and 148 other entities on a negative credit watch.

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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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Going Concern

JUNE 24, 2022

Institutions are exploring the space — KPMG Canada crypto team [ Cointelegraph ] The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members. In response to the issuance of Staff Accounting Bulletin No.

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CPA Practice

DECEMBER 14, 2023

Nationally Ranked Accounting Firm Welcomes New Forensic and Litigation Principal Windham Brannon , an INSIDE Public Accounting Top 200 Firm, recently welcomed Kevin Bennett as a Principal for the firm’s Forensic and Litigation Services practice in October 2023.

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Going Concern

APRIL 22, 2024

According to the US Office of Foreign Labor Certification data, EY entry-level accountants and auditors earn $54,000 a year and up. Deloitte discusses AI in auditing and necessary upskilling for auditors current and future: The evolution of skills for auditors is imperative in the era of AI integration.

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Going Concern

OCTOBER 25, 2024

As 9/11 victims await a federal judge’s decision on whether Saudi Arabia should be dismissed as a defendant in their massive civil action, “serious” allegations have emerged that a global accounting firm covered up evidence that a co-defendant “was involved in financing the 9/11 terrorist attacks.” ” NYC handed out $6.5

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Going Concern

DECEMBER 23, 2022

UK companies brace themselves for escalating battles with auditors [ Financial Times ]. UK companies are gearing up for conflicts with auditors next year as economic and political uncertainty add to the difficulty of signing off accounts and forecasting financial outlooks. Current rules don’t require this. Name checks out.

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