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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

And EY news from elsewhere: the Texas Board of Accountancy has fined EY $3 million for cheating. They forced the Big Four firms, who were once hiring master’s degree level accountants with a CPA license on day one, to hire bachelor’s degree level accountants who had a year or two to finish their exam.”

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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Up to a third of staff at some of the nation’s top accounting firms are located offshore and leaders say the trend will only accelerate as they seek to cut costs and deliver work more quickly. million from customers and failed to report the income on tax returns. The two men received over $1.5

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