Going Concern

OCTOBER 14, 2024

A church in Texas is accused of fraud. We don’t view AI as a substitute for auditors,” Shimek explained. RSM picks up Deloitte’s sloppy seconds , a failing British telecom: TalkTalk’s auditor has quit as the debt-laden broadband firm faces a fresh squeeze on its finances. Bring in the CPAs!

Account 59

Account accountant accounted audit 59

Going Concern

JULY 17, 2023

KPMG Nederland director Marc Hogeboom is also stepping down as boss of the accounting arm, but remains an auditor and partner at KPMG. I want to call special attention to this reaction from Mike Shaub, Auditing and Accounting Ethics clinical professor at Texas A&M and the guy we follow on Twitter for the hottest in ethics hot takes.

audit 97

audit auditor chartered accountant Texas 97

Going Concern

OCTOBER 11, 2024

The firm now uses the Italian arm of global auditor BDO to produce quarterly attestations of its stablecoin reserves. As part of its settlement with the New York attorney general, Tether agreed to submit quarterly reports on its reserves for two years. As of Aug. 1, BDO reported that Tether had $118.4 billion in reserves and $5.3

audit 59

audit Technology Texas accounting firms 59

Going Concern

FEBRUARY 23, 2024

Q: What advice would you give your student working on their first project as qualified auditor? KPMG could shrink footprint in namesake downtown Dallas office tower [ Dallas Business Journal ] One of North Texas’ largest accounting firms is trying to shed a chunk of office space in its namesake Arts District tower in downtown Dallas.

CPA 105

CPA Illinois auditor Iowa 105

Going Concern

SEPTEMBER 9, 2022

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. Supply and Demand.

audit 98

audit chartered accountant auditor New York 98

Going Concern

NOVEMBER 18, 2022

Meanwhile, Deloitte affiliates are at number 3 with 141 clients and Grant Thornton Bharat LLP associates have taken the fourth spot with 87 audits, as per the study of auditors of all listed companies. After 1,600 auditors combed through DOD’s $3.5 trillion in assets and $3.7

Technology 96

Technology audit auditor accounting and finance 96

Going Concern

SEPTEMBER 13, 2024

SEC as EQCF: Statement on Public Company Accounting Oversight Board; Notice of Filing of Proposed Rules on a Firm’s System of Quality Control and Related Amendments to PCAOB Standards [ Statement by SEC Commissioner Hester Peirce ] Auditors play a critical role in maintaining healthy capital markets.

Kansas 105

Kansas audit auditor CPA 105

CPA Practice

APRIL 11, 2024

Low-income and minority taxpayers—whom IRS auditors target disproportionately and whom the IRS would likely market Direct File most energetically—have perhaps the most significant interest in retaining private intermediaries such as TurboTax or TaxSlayer. Washington politicians and bureaucrats certainly should not promote its adoption.

South Dakota 98

South Dakota audit tax preparation Legal 98

PYMNTS

NOVEMBER 26, 2018

A new report suggested a surprising correlation between executives’ accounting expertise and the risk of those misstatements, and researchers said the findings could be key to auditors , financial regulators and corporate directors. In their “Do Auditors Recognize the Potential Dark Side of Executives’ Accounting Competence?”

managerial accounting 51

managerial accounting auditor Account accountant 51

Going Concern

APRIL 6, 2022

Senior auditor: 1.6%. Auditor, 1-3 years’ experience: 2.2%. Entry-level auditor: 1.6%. Tax accountant, 1-3 years’ experience: 1.6%. Entry-level tax accountant: 2.6%. Audit and assurance services. Senior manager/director: 1.6%. Manager: 1.4%. Washington, DC; Maryland; and Virginia. salary increase over 2021.

accountant salary 72

accountant salary Account accountant accounted 72

CPA Practice

FEBRUARY 28, 2023

The 2023 cohort is comprised of the following technology solutions: 4impactdata – The Texas-based company created the “first ever knowledge as a service” business guidance system that equips CPA firms to be the strategic partner their business clients need.

E-commerce 52

E-commerce Technology Texas accounting and finance 52

Going Concern

APRIL 19, 2024

The bar for possible enforcement actions is set too low under draft rules the Public Company Accounting Oversight Board released in February, exposing firms to greater legal liability, auditors and accounting groups told the regulator in feedback submitted through April 15. Ardoino stated, “None of the Big Four firms are willing to audit us.”

cpas 105

cpas accounting firms Account accountant 105

CPA Practice

DECEMBER 6, 2024

Now, again, as we record this, there has been in the last 48 hours, an injunction from a court in Texas that that has suspended, that has enjoined the I guess, that enjoined the government from from enforcing the need to file the boi information this year. One functionality 1042, electronic filing. Were recording this on December 6.

Technology 98

Technology Account accountant accounted 98

PYMNTS

AUGUST 13, 2019

According to Butler County Auditor Roger Reynolds, a scammer obtained a county payroll direct deposit form and forged an existing county employee’s signature to request that their wages be deposited into the fraudster’s account. Similar cases are arising in the private sector, too.

payroll 60

payroll Ohio Virginia Florida 60

PYMNTS

MARCH 15, 2019

In Texas, as reported by ABC13 , Jennifer LaBarge was arrested for allegedly stealing more than $800,000 from what was described as a “small, family owned rig company” called Polar Rig Specialties. Separately, in Nebraska, the state auditor has accused a healthcare provider CEO of misusing company funds.

Nebraska 52

Nebraska Texas quickbooks auditor 52

Going Concern

APRIL 15, 2024

In the public company audit arena, this transparency is maintained through PCAOB inspections of auditors. The PCAOB inspects the work of the inspectors (auditors) who are inspecting the books of listed companies. But what about the books of the auditor? Newton is now a qualified accountant, and working as an auditor.

audit 64

audit Account accountant accounted 64

Going Concern

MARCH 17, 2023

Debunking common myths about auditors, auditing [ The Journal Record ] The people of Oklahoma get a lesson on what audit is. Whilst QAD statistics always come with a health warning, explaining that they represent reviews at a substantially different population of firms each year, this is a significant change to see over a single year.

Government 97

Government Gambling audit CPA 97

Going Concern

JANUARY 20, 2023

Under rules introduced in 2016, large UK-listed companies are required to change auditor at least every 20 years and to run a competitive tender once a decade. PwC took over from KPMG in 2015 and was eligible to serve until 2034 subject to a competitive tender at the 10-year mark. In 2001, the Pentagon said it would address the issue by 2005.

auditor 98

auditor Technology audit financial statements 98

Going Concern

NOVEMBER 11, 2022

The next generation of accountants and auditors is in demand, but Ben Lansford, an accounting professor and director of the Master of Accounting program at the Jones Graduate School of Business at Rice University explained why some are hesitant. Many auditors responding to the FERF study noted an increase in effort by their teams (68%).

audit 98

audit auditor Louisiana cpas 98

Going Concern

AUGUST 30, 2024

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? According to the auditor’s office, issues found included: Nineteen disbursements totaling more than $1.5

cpas 101

cpas audit Nebraska auditor 101

Going Concern

APRIL 14, 2023

Investors are left to navigate a field of potential landmines in the enormous roster of clients that the Big Four boasts, where auditor independence is understandably in question. Auditors are tasked with reassuring investors that the companies they invest in are financially healthy, and warning them if they’re not.

Tax 105

Tax auditor audit accounting firms 105

Going Concern

NOVEMBER 10, 2023

They also expect auditors to understand and evaluate processes and controls, analyze transaction-level data for anomalies, and test more data in real-time,” said Scott Flynn, KPMG vice chair—Audit, in a news release.

audit 122

audit accounting and finance auditor accounting firms 122

Going Concern

OCTOBER 27, 2023

Top Texas accounting firm makes local acquisition in expansion bid [ San Antonio Business Journal ] Whitley Penn, a public accounting firm, has made a local acquisition as it bolsters its presence in the Lone Star State. Audit Party City Taps BDO As Auditor After EY ‘Going Concern’ Spat [ Bloomberg Tax ] No, it had nothing to do with us.

CPA 104

CPA accounting and finance auditor Washington 104

Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Comment letters raise serious questions about the consequences of the proposed changes.

Colorado 111

Colorado audit CPA Texas 111

CPA Practice

DECEMBER 14, 2023

Johnny Welborn, Texas Elite 25 Teresa Barton, Utah Jeri Beckham, Texas Frank Calise, Ariz. Terri Henson, Texas Bibiano Lopez, Ga. Texas David Roy, Conn. Keith Robertson, Texas Pearl Sibadan, N.Y. Johnny Welborn, Texas Denise Zaharoff, Ga. Jeri Beckham, Texas Joan Bengford, Iowa Velma Bjorgum, N.D.

Iowa 52

Iowa Texas Utah Ohio 52

CPA Practice

MARCH 21, 2024

The IRS launched the pilot program known as Direct File in a dozen states this year, including Texas. While the exact number of Texas filers in the system was not immediately available, the Treasury Department says the state has the most filers on a per capita basis. About 50,000 people in those states have used it so far.

Texas 64

Texas auditor tax return Tax 64

CPA Practice

JUNE 6, 2023

“I think that no doubt there’ll be people trying to alter that annual (IRS) funding and, of course, really this agreement is just the next step toward the appropriation battles,” said Texas Rep. Lloyd Doggett, a senior Democrat on the Ways and Means Committee, which oversees the tax code.

North Carolina 59

North Carolina Texas Arkansas Louisiana 59

TaxConnex

NOVEMBER 12, 2024

Seven states made up 60% of out-of-state audits in the survey: Alabama, Arizona, California, Colorado, Georgia, New York and Texas. Top states for in-state audits were Alabama, California and Texas. Audits – both the auditors’ accusations and your defense – hinge on documentation. of businesses had an audit from out-of-state.

audit 113

audit Sales Tax auditor 113

Going Concern

NOVEMBER 13, 2023

And EY news from elsewhere: the Texas Board of Accountancy has fined EY $3 million for cheating. “The action represents the Board’s message to all Texas licensees that the Board will not tolerate any form of professional misconduct,” said TSBPA Executive Director William Treacy. . The auditor’s opinion is clean.

Texas 59

Texas CPA auditor Account 59

Going Concern

FEBRUARY 3, 2025

But it turned out that both financial documents were falsified and that the Ethos CEO had forged the signature of an auditor from a San Diego accounting firm to lend legitimacy to the asset statement. 24-25 at Deloitte University, Deloitte’s landmark campus for learning and leadership development in Westlake, Texas.

Account 52

Account accountant accounted institute of chartered accountants 52

Going Concern

OCTOBER 25, 2024

Other accounting firms in the Top 10 Best Overall Internships are Texas-based Weaver, Alabama-based BMSS, and Wisconsin-based Wipfli. We received news that our external auditor that is assigned to our annual audit is resigning and the firm does not have sufficient staffing to take over our 2022-2023 audit,” Gates-Shult said.

accounting and finance 59

accounting and finance audit Florida Missouri 59

Going Concern

APRIL 17, 2023

The PCAOB wants to dismiss a lawsuit brought by an anonymous auditor who challenged the board‘s “secret” disciplinary proceedings: Among other reasons, the board noted that John Doe‘s Jan. District Court for the Northern District of Texas. or Texas while he was employed at the firm. Here’s some news.

Texas 98

Texas Account accountant accounted 98

Going Concern

AUGUST 4, 2023

Cummins has been with the firm for about 20 years and has deep local ties as a Texas native and graduate of the University of Texas at Austin. Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns [ Bloomberg ] Special-purpose acquisition company Digital World Acquisition Corp.

cpa firm 98

cpa firm CPA accounting firms accounting and finance 98

Going Concern

APRIL 10, 2023

The New York attorney general sued Whitley Penn last month after the firm said Texas accountant-client privilege protected them from handing over said documents. Whitley Penn struck a deal with the New York attorney general to hand over documents subpoenaed in the state’s $250 million civil suit over the former president’s asset valuations.

Technology 59

Technology Account accountant accounted 59

Going Concern

FEBRUARY 2, 2024

Advocates file FTC complaint against Deloitte over Medicaid eligibility software errors [ Texas Standard ] At least 90,000 Texans were wrongfully removed from Medicaid coverage because of unidentified system glitches last year, though the state was able to restore their care when the problem was identified.

audit 122

audit Tax Texas Massachusetts 122