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Friday Footnotes: New Managers Share Wisdom; KPMG Praised??; PwC Creeps Leave | 7.22.22

Going Concern

Accounting Firm Fined for Audit of Malawi Leaf Company [ Tobacco Reporter ] The Institute of Chartered Accountants in Malawi (ICAM) has fined Deloitte Malawi after finding the auditing firm guilty in cases involving its audits of Malawi Leaf Company. USF sues former accountant who embezzled $12.8

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Does Accounting Education Belong in the University Curriculum? 

Going Concern

By Sharon Lassar, PhD, CPA (Florida) John J. Gilbert Professor and Director of the School of Accountancy, University of Denver As much as I enjoy reading Going Concern, I find the article titled “ Did the Anti-150 Hour Crowd Finally Beat the AICPA Into Submission? Looks That Way ” troubling. ICAEW has 165,000 members in 147 countries.

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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

The Institute of Chartered Accountants of India (ICAI) has passed orders against five affiliates of auditing major Price Waterhouse, two other entities and two individuals for professional misconduct. Keep an eye on this, Indian regulators are going hard on this issue all of a sudden.

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AICPA News – July 2024

CPA Practice

Harrison Baker (Utah), a graduate of University of Utah with a Bachelor of Science in accounting, a Bachelor of Science in information systems and a Master of Accounting with an emphasis in business analytics, is employed with Ledgenomics in Salt Lake City, UT.

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Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

All this time we thought it was going to be robots that take accounting jobs, it was Indians all along. Oh and reminder: the Institute of Chartered Accountants of India (ICAI) is working on a plan to consolidate India’s 96,000 little accountancy firms into mega-firms that they think could compete with Big 4 on the global stage.

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Would Mobility Go Away Without the 150-Hour Rule?

Going Concern

by Sharon Lassar, PhD, CPA (Florida) John J. Gilbert Professor and Director of the School of Accountancy, University of Denver There has been much discussion about the 150-hour rule recently. Going Concern previously reported the AICPA and NASBA are trying to strong-arm Minnesota into maintaining the 150-hour rule.