July 2, 2022

When accounting goes unaccounted for

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Friday Footnotes: XOXO, Accountants; PwC Wants Tax Cuts; KPMG Stacks Partners | 7.1.22 CPAs Should Get Into Weed, Says CPA Into Weed (As a Business, That Is) Who’s Smarter, Big 4 Accountants or Industry Accountants? A Debate QOTD: Never Believe Anyone Who Says They’re Awesome Let’s Bid EY U.S. Chair Kelly Grier a Fond Going Concern Farewell
Audit

Center for Audit Quality Gets Serious About Investor Protection By Introducing PR Campaign Featuring Cartoon Noir

by Caleb Newquist

Frankly, I find Garfield’s Babes and Bullets more convincing:


Your reactions are welcome at this time.

[via The Summa]

Frankly, I find Garfield’s Babes and Bullets more convincing:


Your reactions are welcome at this time.

[via The Summa]

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Audit

Audit Supervisors at the PCAOB Want Auditors to Better Supervise Their Auditors

by Going Concern News Desk

The PCAOB adopted a new audit standard yesterday (AS 1206, Dividing Responsibility for the Audit With Another Accounting Firm) to ensure that lead auditors are properly supervising the outside auditors they use. From the PCAOB: The Public Company Accounting Oversight Board (PCAOB) today adopted amendments to its auditing standards [PDF] to strengthen requirements that apply […]