Going Concern

MARCH 22, 2024

Day Named Technical Director of the Financial Accounting Standards Board [ FASB ] The Financial Accounting Standards Board (FASB) on March 20 announced the appointment of Jackson M. Mr. Day will begin his new duties at the FASB this July. Atlas CPAs and Advisors undercut the Utah-based auditing firm by $12,000.

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Going Concern

OCTOBER 1, 2022

KPMG was fined £14m in May for the wrongdoing of its former staff in the case after a tribunal found that its accountants conspired to mislead a 2017 inspection team looking into audit work it conducted for the troubled engineering company, which collapsed in 2018. Firm Watch. 5), which merged with Friedman in September.

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Going Concern

MARCH 4, 2022

in Tax Season ‘Chaos’ [ New York Times ] At the Internal Revenue Service’s sprawling Kansas City, Mo., SEC Chief Accountant Lauds FASB for Engaging Investors, Stakeholders on Potential New Standards [ JD Supra ] Paul Munter, acting chief accountant for the SEC’s Office of the Chief Accountant, on Feb.

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Going Concern

AUGUST 5, 2022

If the world had no accountants [ The Indicator from Planet Money ] As the unsung heroes of the financial world, CPAs (Certified Public Accountants) are responsible for a wide range of important tasks, from balancing the books to investigating fraud. Meet the accountants who may become the new power brokers of taxes. [

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CPA Practice

NOVEMBER 14, 2024

The relief provided by FinCEN should match the relief provided by the IRS for other filings, both in terms of the extended due dates and the geographic scope,” says Sue Coffey, CEO of Public Accounting for the AICPA, in the letter. He began working in the profession at a large accounting firm, Lumsden McCormick, based in Buffalo, New York.

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Going Concern

MAY 19, 2023

Mergers & Acquisitions Another Chicago accounting firm merges in private equity-related deal [ Crain’s Chicago Business ] Private equity-backed consolidation of the accounting industry is making further inroads in Chicago.

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Going Concern

AUGUST 25, 2023

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. to the new position of chief growth officer.

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Going Concern

JANUARY 13, 2023

Trump’s Company Gets Maximum Punishment for Evading Taxes [ New York Times ]. Munter will continue to lead the Office of the Chief Accountant (OCA) and serve as the principal advisor to the Commission on accounting and auditing matters. Are midcareer CPAs happy in your firm? Accounting Today Opinion ].

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Going Concern

APRIL 5, 2024

Finance ] Aitzarelys Negrón, certified public accountant (CPA) and founder of Strategies and T.E.A., said, “I had been working at a [major] accounting firm since 2015 before being laid off in the fall of 2020. The Governing Board oversees the CAQ’s strategic agenda and activities. appeared first on Going Concern.

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Going Concern

DECEMBER 2, 2022

We managed to find some things worth mentioning anyway as we are experts in slow news weeks (698 weeks and counting!), Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. director James B.

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Going Concern

DECEMBER 23, 2022

This year, when its US arm severed ties with Donald Trump after years of working with the former president and amid the New York Attorney General’s investigation into the Trump Organization. When was the last time Mazars had pulled a report very publicly like this?

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