PYMNTS

JULY 11, 2019

s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set by the Financial Reporting Council , Reuters reported this week. Only 75 percent of the audits of the U.K.’s All of the U.K.’s Grant Thornton is under particular scrutiny.

Auditing 49

Auditing Accounting Financial Reporting Accounting Firms 49

PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed listed companies since 2005, finding firms that had to reissue their financials due to errors.

Numbers 68

Numbers Accounting Accounting Principles Corporate Finance 68

CFO News Room

DECEMBER 16, 2022

Out of all the finance jobs available to college graduates, financial managers are some of the highest-paying, with high demand for workers in this field. Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

DECEMBER 9, 2020

The company said in the filing that it had identified a “material weakness in our internal control over financial reporting,” which may give investors pause. As a result, in connection with the audit of our consolidated financial statements as of and for the years [that] ended Dec.

Valuation 76

Valuation Auditing Accounting Firms Financial Reporting 76

PYMNTS

JULY 5, 2017

.” Some experts are worried a similar trend can be seen within the financial functions of the enterprise itself, with automated accounting and forecasting capabilities now offered quicker and more accurately via robots than humans. The nature of financial reporting is to communicate facts aggregated using accounting rules.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

The Charity CFO

OCTOBER 4, 2022

They also develop and implement operational procedures and systems and manage budgets and financial reports. You can see that, depending on the size and structure of your organization, the ops manager will have to oversee a large number of departments. In short, they ensure that the nonprofit runs like a well-oiled machine!

Nonprofit 98

Nonprofit Budgeting Compliance CFO 98

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. These reports reflect the changing role of the human financial professional. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71