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Friday Footnotes: How to Add ChatGPT to Excel; RSM Wins Awards; Auditor Independence Pitfalls | 4.7.23

Going Concern

If liquidity issues arise for these banks, they may need either to issue additional debt capital at higher interest rates or to sell those loans to become more liquid,” said Tom Linsmeier, an accounting professor at the University of Wisconsin and former member of the Financial Accounting Standards Board.

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AuditClub Appoints PwC Veteran in Leadership Expansion

CPA Practice

He most recently held a technical accounting role at a Fortune 500 financial services company where he helped lead complex implementations of accounting standard updates issued by the Financial Accounting Standards Board. Gyesi is a certified public accountant licensed in Georgia and Washington, D.C.,

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL. Do mid-sized firms not know how to use email? It’s a tidal wave that’s going to hit a lot of firms if they’re not paying attention.”.

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AICPA News – July 2024

CPA Practice

Staffing, IRS Service Problems and Leadership Development are Top Issues for CPA Firms, AICPA Survey Finds Finding qualified staff is the top issue for all categories of accounting firms except sole practitioners, according to a biennial survey by the American Institute of CPAsfirm practice management section.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

The London-based International Accounting Standards Board issued rules specific to government assistance accounting decades ago. Perhaps US businesses should just follow those well-known rules, the Financial Accounting Standards Board has suggested. As it turns out, it’s not as simple as copying and pasting.