Skip to main content

In an interview with the Financial Times, PwC’s Bob Moritz said keeping the audit and consultancy businesses together was key to attracting staff and that the benefits of the model outweighed the difficulty of managing risk. conflicts of interest between the two divisions. Are accounting firms giving up on remote work? Fire at a small accounting office in Austin, Texas this weekend. Mexican consumer lender Crédito Real SAB de CV faces liquidation of its operations less than a week after the shadow banking firm admitted to faulty accounting practices related to the value of its loan portfolio; Deloitte audited them. Grant Thornton has been fined £1.3m by the FRC for ‘serious failings’ in Sports Direct audits. From the GAO: The GAO makes two recommendations to the IRS, including that (1) the IRS should test and assess the costs, benefits, and challenges of using videoconferencing technology for its education and compliance with paid preparers; and (2) if the benefits outweigh the costs, continue to implement the use of videoconferencing. The IRS accepted these recommendations. Accountant jailed for 3½ years for taking $1 million from the New Orleans fire department fund.

A few things we are working on this week:

  • Findings of shocking survey into accountant burnout
  • In-Depth Analysis of the Proposed CPA 2024 Exam Blueprints and Some Commentary on the Changes
  • Is there any drama in Grant Thornton rn?
  • Why Cheating Is Such A Problem At Big Audit Firms, Minus The Pointing Finger
  • The younger generation don’t want RTOs because they’re tired of being tech support for the old ones
  • Avoid the WFH Hunchback
  • Companies are merging to solve their talent problems
  • F YOU PAY THEM – mid-level MP insists wages go up

Oh and it’s our anniversary this week. Going Concern celebrates its 13th anniversary!! Fortunately, we eliminated our anxious teenage phase in 2009.

graphic design is my passion can you say?

And for your listening pleasure, here are two hours of relaxing video game music. Hope everyone is having a great week, please let us know if you come across any newsworthy headlines you think we should cover or any r/accounting posts to laugh at.

Latest Accounting Jobs – Apply Now:

There are currently no vacancies.

Do you have something to add to this story? Let us know by email, Twitter, or text/call the phone line at 202-505-8885. As always, all advice is anonymous.