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Forbes Recognizes Six Top Accounting Firms That Also Have Management Consulting Chops

CPA Practice

Companies were evaluated within different consulting sectors (such as automotive, insurance, and health care) and the expertise in which they offer services (including leadership, sustainability, and legal and litigation).

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Brit Audit Cops Want Firms to Snitch if Private Equity is Sniffing Around

Going Concern

FT wrote : Richard Moriarty, chief executive of the Financial Reporting Council, wrote on Thursday to the bosses of the UK’s top accounting firms, saying the regulator was not “in principle” against private equity investment in the sector but there were “important risks that will need to be carefully managed”. .

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BDO Says It Is No Longer Doing Business In Russia and Belarus

Going Concern

The latest top accounting firm to turn its back on Russia and Belarus is No. The former Russian member firm operates entirely independently under the name of Unicon. We will work to support our clients in fulfilling our legal obligations and commitments. BDO is removing BDO Belarus from its global network.

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TIGTA Does Some Digging on the Revolving Door Between the IRS and Large Accounting Firms

Going Concern

The Congressional request specifically noted interest in large accounting firms. The request, received by TIGTA on February 18, 2022 urged TIGTA to “open an inquiry into the revolving door between the country’s top accounting firms and the Federal Government and to inform Congress and the public about [TIGTA’s] findings.”

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The danger of overheard conversations

Accounting Insight

Louise offers some advice for accountancy firms to keep client confidentiality front of mind and comply with both the ICAEW code and GDPR guidance: “Ensuring staff know how to handle calls discreetly and to transfer or take messages without sharing too many details can avoid potential breaches from happening.

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. More than 3 in 4 employees are concerned about the legal risks, and a similar number are anxious about cybersecurity risks, the findings, released Dec. ” More Media Megadeals in 2024?

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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

26 in state Superior Court in Passaic County, Richard Hekemian alleges that Sills Cummis & Gross, based in Newark, “overcharged and overbilled” him, including through double and multiple billing “for the same legal services, or simply ‘padding’ the invoices.” In the four-count suit filed Aug.

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