A Deloitte survey of financial executives, financial statement users and audit committee members found that an overwhelming majority — 84%, 70% and 76% respectively — of these people, "believe auditors should use advanced technologies more extensively in performing an audit." Apparently, 21st century auditing is still a few years off. [WSJ]
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As the Paycheck Protection Program has again thrown out a life raft of relief loans this past week to struggling small businesses, our friends at INSIDE Public Accounting recently surveyed 110 managing partners and CEOs to find out how their firms worked to serve clients with PPP-related advice and assistance in 2020. What the survey […]
Here’s the lowdown from D-town, according to a tipster: Deloitte US CEO sent email this afternoon re: accelerated raises, promotions and bonuses. Instead of reviews/discussions over the summer and implementing in September, reviews/discussions will be done in Spring by May 30 and implemented in June. Also, AIP bonuses will occur at the same time AND […]