CFO Dive

AUGUST 3, 2023

Many accounting firms lacking qualified staff have had to turn away work, according to alliantTalent.

Accounting Firms 240

Accounting Firms Accounting 240

CFO News

JULY 12, 2023

Business service exports have become a critical part of India's economy but the sector has been hit by a slowdown in global demand for software and challenges in big urban centres such as rising costs, high attrition and slow progress in getting workers to return to the office after the pandemic.

Accounting Firms 52

Accounting Firms Accounting 52

CFO Dive

APRIL 12, 2023

Back in September, the Big Four accounting firm announced plans to split its auditing and consulting arms into two entities. Now, ‘Project Everest’ has been halted.

Accounting Firms 260

Accounting Firms Auditing Accounting Planning 260

CFO Dive

DECEMBER 7, 2022

The PCAOB cracked down against KPMG for several alleged violations in the latest sign of tougher oversight of the accounting firms that audit publicly listed companies.

Accounting Firms 274

Accounting Firms Auditing Accounting 274

CFO Dive

NOVEMBER 3, 2022

Missteps at large accounting firms threaten to undermine investor confidence in financial information, according to Paul Munter, the SEC’s acting chief accountant.

Accounting 236

Accounting Accounting Firms 236

CFO Dive

SEPTEMBER 30, 2022

Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.

CFO 254

CFO Accounting Firms Accounting 254

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.

Accounting Firms 46

Accounting Firms Accounting Auditing Financial Reporting 46

CFO News

JULY 1, 2023

The President also admitted that Indian accountancy firms have not yet reached the stature of big multinational accounting firms, and highlighted that they should think about regulations of different fields and collaborate with law firms.

Accounting Firms 98

Accounting Firms Accounting 98

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. The United Kingdom-based organization has become one of the most highly valued private finance firms in the nation as of its 2011 establishment.

Auditing 52

Auditing Accounting Firms Accounting Finance 52

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.

Accounting Firms 147

Accounting Firms Auditing Accounting 147

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.

Invoicing 52

Invoicing Accounting Firms Finance Accounting 52

Global Finance

AUGUST 31, 2023

Global Finance Magazine - To attract and retain prospects, accounting firms are trying to entice prospective employees with additional benefits.

Accounting Firms 75

Accounting Firms Finance Accounting 75

CFO News

OCTOBER 1, 2023

The Big Four accounting firms - EY, PwC, Deloitte, and KPMG - are engaged in a talent war as they seek to strengthen their advisory practices and fill gaps in their service portfolios. Deloitte recently hired 150 members, including 15 partners, from KPMG, prompting KPMG to actively court Deloitte partners and their teams.

Accounting Firms 52

Accounting Firms Accounting 52

CFO News

SEPTEMBER 25, 2023

Kishore Biyani, founder of the Future Group, has challenged the forensic audit process and report submitted by accounting firm BDO India LLP and its lender, Bank of India, at the Bombay High Court. Biyani has filed a writ petition against Future Retail, BDO India, and Bank of India. The matter will be heard on September 31.

Banking 52

Banking Auditing Accounting Firms Retail 52

CFO News

DECEMBER 26, 2022

In an earlier order, the PCAOB announced that it had censured KPMG Assurance and Consulting Services LLP, a registered public accounting firm, and a KPMG partner, along with KPMG India, and imposed civil money penalties of $1,000,000 on KPMG India and $75,000 on the partner.

Accounting Firms 98

Accounting Firms Accounting 98

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.

Accounting Firms 40

Accounting Firms Accounting Technology Investments 40

CFO News

JULY 16, 2023

The size of the contract will require the Big Four accounting firm to call in staff from other countries to work on the audit, two people told the FT. PricewaterhouseCoopers (PwC), which has been Credit Suisse's auditor since 2020, will audit the acquired bank's accounts for 2023, according to the newspaper.

Auditing 52

Auditing Accounting Firms Banking Accounting 52

https://trustedcfosolutions.com/feed/

OCTOBER 20, 2022

A small, in-house finance team may start to feel the pressures of a growing business, and if you are still doing your own accounting, you could be losing hours of time —and money. Hiring an outsourced accounting firm gives you the freedom to do just that while leaving your financials in the hands of professionals.

Accounting 108

Accounting Accounting Firms CFO Finance 108

Future CFO

FEBRUARY 23, 2023

Almost 70% of accounting firms expect their rate of technology adoption to increase over the next two years, while more than 80% of internal audit teams are already employing cloud technology. While nearly 80% of accounting firms use client collaboration tools, almost 52% said their client engagement process is only somewhat efficient.

Auditing 52

Auditing Accounting Accounting Firms Practice Management 52

CFO News

DECEMBER 26, 2022

In a move to measure India's self-reliance, industry body CII and accountancy firm PwC have developed an 'AatmaNirbhar Index', which is expressed as the ratio of the country's total exports and its imports.

Accounting Firms 52

Accounting Firms Accounting 52

PYMNTS

DECEMBER 11, 2020

Not only do legacy AR processes create inefficiencies for accountants and their organizations, but according to Anduin Co-founders Justin Adams and Pat Morrell , they are also adding pain to the experience of accountants' own clients. But this environment doesn't just mean that accounting firms' AR operations are facing friction.

Accounting 89

Accounting Invoicing Accounting Firms Forecasting 89

CFO News

FEBRUARY 15, 2023

The exchanges had sought a clarification from the company after Business Standard reported that the embattled Adani group had appointed accountancy firm Grant Thornton for an independent audit of some of its companies in a bid to come clean of the damning allegations levelled by the US short-seller Hindenburg Research and to assure investors and regulators. (..)

Auditing 52

Auditing Accounting Firms Marketing Accounting 52

Focus CFO

APRIL 7, 2023

Jim has over 30 years of progressive financial and operations leadership beginning with five years of diverse audit experience with Big 4 public accounting firm Arthur Andersen, LLP, including a major fraud investigation. He reated and managed the first internal audit department at a community hospital located in Wheeling, WV.

CFO 52

CFO Auditing Accounting Firms Leadership 52

Future CFO

DECEMBER 20, 2022

Prior to his appointment at Meihua, Lianzhang Zhao was senior partner at Yangzhou Hanrui Accounting Firm from 2013 to 2022. Meihua is amanufacturer and provider of Class I, II and III disposable medical devices with operating subsidiaries in China. Before that, he was the CFO of Yangzhou Guolian Garment Factory Co.,

CFO 52

CFO Technology Accounting Firms Accounting 52

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 big question for me is what on earth did EY do when they signed off the accounts?”

Accounting 116

Accounting Auditing Accounting Firms Banking 116

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. The measures by the U.K.’s

Auditing 66

Auditing Accounting Firms Financial Reporting Accounting 66

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.

Auditing 97

Auditing Accounting Firms Accounting 97

CFO Talks

SEPTEMBER 7, 2023

Finding enlightenment in Indian While attending last year’s International Federation of Accountants conference in India, Nicolaas van Wyk, CIBA’s CEO, came across an enlightening idea. “There were about 30 to 40 000 accountants, mostly from India.

Economics 81

Economics CFO Accounting Firms Accounting 81

Barry Ritholtz

APRIL 8, 2023

He “ always wonders about these accounting firms that reappraise price but not value; they reappraise price because they lack the tools to re-appraise value.” Damdoran loves “untangling the puzzles of corporate finance and valuation.”

Valuation 122

Valuation Corporate Finance Finance Investments 122

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. On Tuesday (Sept.

Auditing 94

Auditing Accounting Firms Accounting Banking 94

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 In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

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. .

Accounting Firms 92

Accounting Firms Banking Economics Accounting 92

PYMNTS

JUNE 29, 2020

As the fallout from Wirecard ’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial Times reported. Only then can we contain the fallout from this affair.”. We have to think about how the regulatory regime should be changed,” he said. .

Accounting 88

Accounting Accounting Firms Finance Financial Reporting 88

Nerd's Eye View

OCTOBER 14, 2022

We also have a number of articles on practice management: Why small financial advisory firms continue to thrive amid competition from the largest players in the industry. Why accounting firms have become hot acquisition targets for RIAs.

Tax Planning 76

Tax Planning Accounting Firms Securities Practice Management 76

PYMNTS

AUGUST 27, 2019

We saw that a vast majority of payment solutions available to CPA and accounting firms today were broadly created for general use by businesses across virtually all industries,” Hall told PYMNTS in a recent interview. These solutions create a disjointed, and sometimes ‘bloated’ experience for accounting professionals.”.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Firms Accounting Standards Accounting 60

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. But an apology may not be enough.

Auditing 75

Auditing Accounting Firms Accounting Sales 75

PYMNTS

APRIL 9, 2018

14 percent average revenue growth fueled accountancy practices in the U.K. 49 percent of accountancy firms landed a new SMB customer because that business switched from a different provider , highlighting the opportunity for accountancy practices to remain competitive as entrepreneurs and small businesses seek enhanced services.

Accounting 49

Accounting Accounting Firms B2B Technology 49