Auditing
PCAOB Fines Four Accounting Firms for Failing to File Form APs
Form AP requires firms to disclose the name of the lead engagement partner on an audit.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Accounting
PwC Racked Up Global Revenue of $50.3 Billion in 2022
Among the firm’s three core service lines, advisory had the biggest revenue growth at 23.5%.
Accounting
Accounting Firms Make Appearance in Fortune’s 100 Best Workplaces for Women
Six public accounting firms were among the top 100 large workplaces for women in 2022.
Accounting
Here’s How Much Starting Salaries Will Be in Public Accounting Next Year
Starting pay is expected to increase between 2.3% and 5.8% in 2023 based on data from Robert Half.
Accounting
Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges
Michael Weiss bought clients’ shares ahead of earnings and acquisitions announcements on four separate occasions.
Auditing
SEC Punishes RSM US for Shoddy Auditing of an LED Lighting Company
The SEC also charged two partners, as well as a senior audit manager, for their roles in the improper audits.
Auditing
Sloppy Auditing Results in Friedman Getting a $1 Million Fine From the SEC
The firm, which just merged with Marcum, didn’t exercise professional skepticism and ignored red flags.
Taxes
The IRS Botched Lots of Child Tax Credit Payments, Audit Finds
Millions of ineligible people received payments, while millions of eligible taxpayers did not get their money.
Accounting
EY Tops $45 Billion in Global Revenue in 2022
These could be the last global revenue results with both the assurance and consulting businesses under one roof.
Firm Management
Citrin Cooperman Picks Up Valuation Advisory Firm
Murray Devine Valuation Advisors is based in Philadelphia and has offices in New York, and Austin, TX.
Firm Management
Moss Adams Brings Aboard Property Tax Consultants Byrne & Clayton
A three-person team from Byrne & Clayton, including the firm’s president, officially joined Moss Adams Sept. 1.
Taxes
Wisconsin Tax Accountant Gets 8 Months in Jail for Return Fraud
James Canfield, 74, pleaded guilty in January to aiding in the preparation of false tax returns filed with the IRS.