Expert insights. Personalized for you.
Accounting Firms Related Topics 
CFO News Room
MAY 27, 2022
Big Four accounting firm Ernst & Young is considering a world-wide split of its audit and advisory businesses amid regulatory scrutiny of potential conflicts of interest in the profession, according to people familiar with the matter.
PYMNTS
OCTOBER 29, 2020
A number of large accounting groups have turned down requests to audit Greensill Capital as the SoftBank -backed firm mulls a stock market listing, the Financial Times (FT) reported.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
FEBRUARY 2, 2020
Accounting software providers MYOB and Xero are exploring invoice finance solutions while retaliation ensues in the background regarding products that charge fees to small businesses in exchange for faster access to unpaid accounts.
PYMNTS
DECEMBER 19, 2018
’s Big Four accountancy firms — KPMG , PwC , EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardia n reported on Tuesday (Dec. Instead, the watchdog is suggesting that major audits of top companies be conducted by at least two firms, one of which must not be one of the Big Four. ” “Most people will never read an auditor’s opinion on a company’s accounts,” he said. The U.K.’s
PYMNTS
NOVEMBER 17, 2017
Reckon , an Australia-based small business (SMB) accounting company, has reportedly sold off key assets to industry peer MYOB. 16), Reckon Chief Executive Clive Rabie described the company’s sale of its accounting practice software unit to MYOB as losing the “jewel in the crown” of the company. The takeover would see MYOB acquiring Reckon’s Accounting Practice Software unit as well as Reckon Elite and Reckon Docs.
PYMNTS
APRIL 9, 2018
Small business accountant” was not among the top 10 phrases searched for by those hirers, Indeed.com found. But that doesn’t mean accountants are no longer in-demand among small business owners. Separate research from software firm Right Networks points to small business accountants’ embracing of this demand for tech-friendly professionals. What it means to be an accountant today is a far cry from what it was before online accounting,” he added.
CFO Dive
JUNE 22, 2022
The new requirements come as many companies have expanded their operations globally, leading to an increase in audits executed by multiple accounting firms
Accountancy Today
JULY 11, 2022
Outdoor fashion and lifestyle retailer Joules has appointed ‘ Big Four ’ accounting firm KPMG to improve its cash position in the face of turbulent economic conditions due to the cost of living crisis. .
CFO News Room
MARCH 23, 2022
Others have recently parted company with the accountancy firms that previously audited their books. China’s property sector is in deep trouble—but it will be some time before investors can see the full extent of the damage.
CFO News Room
MARCH 7, 2022
The Big Four accounting firms are cutting ties with their Russian operations, walking away from businesses built up over decades that between them employ more than 15,900 people. It’s an absolutely unprecedented situation,” one of the people close to the firms said. “If
CFO News Room
APRIL 25, 2022
Big consulting firms such as. But the Big Four accounting firms are still there, trying to unwind complicated relationships with their Russian counterparts. . What they are suggesting certainly could be used as an avenue to try to evade sanctions,” said Mr. Steele, a partner at consulting firm Forensic Risk Alliance. He added that the Russian accounting firm “might not have bad intent; they might think they are offering a lawful alternative.”.
CFO News Room
JUNE 6, 2022
Accountants can earn a lucrative salary, especially if they work in the sub-sectors or cities, or areas listed below. Most individuals only need a bachelor’s degree to get started in an accounting career. 4, 2022, for an accountant was $77,259.
CFO News Room
MAY 14, 2022
Accountants can earn a lucrative salary, especially if they work in the sub-sectors or cities, or areas listed below. Most individuals only need a bachelor’s degree to get started in an accounting career. The top-paying states/districts for accountants include Washington D.C.,
CFO News Room
APRIL 15, 2022
Western accounting firms, among them Big Four Ernst & Young, KPMG, PricewaterhouseCoopers and Deloitte, last month said they would be cutting ties with their local network firms in Russia after its onslaught on Ukraine. Auditors that assess the financial statements of U.S.-listed
Future CFO
MAY 26, 2022
EY and other Big Four accounting firms — PwC, Deloitte, and KPMG — have long been slammed for their lack of independence in their auditing of company accounts from which they also generate income with consulting, tax, and advisory services.
CFO News Room
MAY 17, 2022
Michael Mollerus, a partner at law firm Davis, Polk & Wardwell LLP in New York who represents large companies. Nothing really has changed since 2009,” said Gary Scanlon, a principal at accounting firm KPMG LLP’s Washington national tax group. “It
CFO News Room
MARCH 26, 2022
The wait for employers can be as much as six to 10 months for the Internal Revenue Service to process claims for the employee-retention tax credit, business owners, accountants and payroll providers say. Some firms charge 10% or more of expected refunds, business owners say.
PYMNTS
JULY 6, 2020
The Big Four accounting firms will have to put their United Kingdom auditing and consulting practices in separate business units by 2024, but may keep them within the same parent companies, under regulations announced today by the Financial Reporting Council.
PYMNTS
DECEMBER 11, 2020
Manual accounts receivable (AR) processes are a headache for any administrative professional. Today, many accountants continue to rely on outdated processes to create lackluster invoices for their customers.
Adam Kae
SEPTEMBER 10, 2020
I started my own accounting firm. I convinced a "business coach" coach (AKA a coach for coaches), Mimi Boyer with ,, Happy on Mondays , to take on an accountant as a client. A few months later, I sold my accounting practice and launched Adam Kae & Associates.
PYMNTS
SEPTEMBER 29, 2020
An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud and one had tried to bribe an auditor, the Financial Times (FT) reported.
Michigan CFO
NOVEMBER 26, 2021
This doesn’t mean that your CFO handles accounting and tax preparation personally, but they do manage relationships with the people responsible for those things. Or maybe you just rely on your bank account balance to do the math for you. Sometimes accountants live in their own world.
CFO Talks
JULY 5, 2022
Join the SAIBA Tour to India as we attend the 21st IFAC World Congress of Accountants. This year’s World Congress of Accountants 2022, will be hosted by the Institute of Charteded Accountants of India in Mumbai, India. Professional Accountancy organization leaders.
The Charity CFO
JANUARY 21, 2022
And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? . What is fund accounting? .
PYMNTS
JUNE 26, 2020
Ernst & Young ( EY ), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German payment processor claimed it had up to 1 billion euros ($1.1
The Charity CFO
APRIL 19, 2022
In our experience, nonprofits with little in reserve and/or low cash balances tend to have financial management challenges, often including: Poor collection of accounts or pledges receivable. Red Flag #5: No Accountant or Bookkeeper. Preferably someone with some accounting experience.
PYMNTS
DECEMBER 10, 2019
based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. Telleroo , a U.K.-based
The Finance Weekly
APRIL 5, 2022
FP&A departments are spending too much time performing manual tasks, such as preparing budgets and account reconciliations, and not enough time analyzing the data. The way businesses conduct operations are changing at breakneck speeds.
CFO News Room
JUNE 8, 2022
Deloitte is exploring a plan to split its global audit and consulting practices, following an effort by fellow Big Four accounting firm Ernst & Young to potentially spin off its consulting arm , according to people familiar with the matter. The moves would mark the biggest shake-up in the accounting industry in decades, handing windfalls to tens of thousands of the firms’ partners and creating two new consulting giants and two stripped-down auditing firms.
The Charity CFO
MAY 13, 2022
There are many more charities than foundations in the USA, with charities accounting for over 75% of all nonprofit revenue. Don't hire the wrong accountant for your nonprofit! The #1 accounting mistake that nonprofits make is hiring the wrong people to help them.
PYMNTS
SEPTEMBER 30, 2020
One day after an Ernst & Young ( EY ) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash, the Financial Times (FT) reported. Berlin lawmakers are considering whether to bar the firm from public contracts.
PYMNTS
AUGUST 27, 2019
The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise. These solutions create a disjointed, and sometimes ‘bloated’ experience for accounting professionals.”.
CFO News Room
JUNE 3, 2022
Accounting vs. Actuary: An Overview. Individuals with that talent might consider careers as accountants or actuaries. Other accountants are employed by government agencies, banks, and other businesses to inspect those records for accuracy. Accountant.
CFO News Room
MAY 13, 2022
Each maintains accounts with dollar-denominated assets at least equal to the number of stablecoins in circulation. Outside accounting firms audit these currencies regularly and release reports on asset values.
BlueLight
MAY 1, 2020
The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The Controller is responsible for accounting and financial reporting. The outsourced accounting firm typically comes with a controller and CFO to do light financial modeling.
130 
Let's personalize your content