PCAOB sanctions four audit firms in enforcement ‘sweep’
CFO Dive
OCTOBER 5, 2022
The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.
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CFO Dive
OCTOBER 5, 2022
The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.
E78 Partners
NOVEMBER 12, 2024
Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.
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E78 Partners
NOVEMBER 19, 2024
Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.
CFO Dive
OCTOBER 9, 2023
Jamie Miller departed from the Big Four firm just weeks following the failure of its plan to split its audit and consulting business into two distinct entities.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Forecasting That Works 📈 How AI and predictive analytics can improve financial planning. Compliance and Risk Considerations ✅ Navigating data-driven finance while staying audit-ready. Master the balance between analytics and action. Register now for exclusive insights!
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.
CFO Dive
APRIL 7, 2023
The federal tax collector plans to expand enforcement staff and reverse a decline in audit rates for businesses and households earning more than $400,000 per year.
CFO Dive
JULY 8, 2022
High inflation and tight labor markets have compelled many CFOs to revise business plans during the past several months. Most audit partners see the two challenges persisting.
Future CFO
DECEMBER 22, 2024
When planning your implementation, think beyond compliance. Strategies to Address This Challenge Conduct Data Audits : Regularly review your customer database to identify inaccuracies. Ensure Data Quality : Conduct regular data audits to support seamless integration.
Collectiv
MAY 19, 2025
But theyve been locked out of the planning process because traditional tools werent built for them. It puts forecasting capabilities in the hands of sales managers, budget owners, and department leadswithout requiring them to learn DAX or navigate a planning system built for analysts. They understand the drivers. The impact?
The Charity CFO
MARCH 31, 2023
The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. Contrary to popular belief, most audits are not conducted to detect a problem. Should My Nonprofit Obtain an Independent Audit?
CFO Strategic Partners
APRIL 15, 2025
A Year-Round Audit Strategy Is A Great Place To Start Insights from Acclarity Accredited to Small-to Medium Business Leader: Michele Himes For all but one day of the year, the end of your financial year is always approaching — sometimes year-end is still months away, other times year-end is right around the corner. Month-End Close.
CFO News Room
NOVEMBER 22, 2022
Newly released federal audits reveal widespread overcharges and other errors in payments to Medicare Advantage health plans for seniors, with some plans overbilling the government more than $1,000 per patient a year on average. Originally published at Kaiser Health News. But after nearly a decade, that has yet to happen.
CFO News
FEBRUARY 27, 2025
The NFRA plans to focus on auditing firms with significant listed company audits, using data analytics to detect potential issues. Chairman Ajay Bhushan Prasad Pandey emphasized the need for auditors' independence and professionalism. Upcoming inspections of firms like Deloitte and E&Y will assess improvements in processes.
CFO News
FEBRUARY 28, 2025
The NFRA plans to focus on auditing firms with significant listed company audits, using data analytics to detect potential issues. Chairman Ajay Bhushan Prasad Pandey emphasized the need for auditors' independence and professionalism. Upcoming inspections of firms like Deloitte and E&Y will assess improvements in processes.
Global Finance
MAY 3, 2023
EY, one of the “Big 4 Four” auditors, is postponing plans to split its auditing and consulting units. The firm’s global executive committee remains “committed to creating two world-class organizations that further advance audit quality, independence and client choice.” ” Codenamed.
CFO News
JANUARY 8, 2024
The regulator's plan comes after it released, late in December 2023, inspection reports on deficiencies in the audit processes of major firms such as BSR & Co, Deloitte Haskins & Sells, SR Batliboi & Co, Price Waterhouse Chartered Accountants LLP and Walker Chandiok & Co.
PYMNTS
SEPTEMBER 14, 2020
Deloitte will be the first of the “Big Four” auditors to break up its business after selecting a new auditing board to undertake the task, according to a report from The Telegraph. 11), Deloitte revealed it had set up an audit governance board to help to eventually separate the audit division from the rest of the company.
Global Finance
JUNE 13, 2025
There is more of an accountant, who comes from the audit function, which I think is more about compliance and implementing standards but has less business interaction. It was a role that was a combination of operational planning and financial planning. Bergmann: I have been in this role for 10 years at different companies.
Collectiv
JUNE 30, 2025
Instead of static reports or disconnected spreadsheets, organizations are now using Power BI as a two-way interface: one that not only reflects data from source systems, but also enables users to update, plan, and submit changes directly within the report experience. The result is a more collaborative, accurate, and timely planning process.
The Charity CFO
APRIL 1, 2025
Its not just about clean books or audit prep. This section focuses on: Approval workflows and disbursement controls Monthly reconciliations and reporting cycles Digital document retention Audit readiness and compliance planning These practices are essential to creating a trustworthy, funder-ready organization.
CFO News
JUNE 13, 2023
Carmine Di Sibio, who has headed the group since 2019, was supposed to oversee the break-up until the end of his mandate in 2025 but the project was rejected by its US branch in April.
CFO Talks
NOVEMBER 29, 2024
This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. I was particularly impressed with how organised and meticulous the Chinese are in their planning and how they receive their guests.
CFO Dive
JUNE 23, 2025
“They are focusing on driving growth and efficiency to help their companies move faster, benefiting both top line revenue and operational performance,” says Tarek Ebeid, KPMG Private Leader and Partner in Charge – Audit Practice at KPMG US.
CFO Talks
JUNE 3, 2025
This model resembles Unilevers finance transformation where predictive analytics freed up 30 percent of finance teams time for scenario planning and business partnering. The United Kingdoms National Audit Office has advised public entities to adopt rolling forecasts and scenario-based planning, particularly in uncertain environments.
Future CFO
FEBRUARY 14, 2025
Addressing such gaps is crucial for the organisation, including the Finance function, as it can impact cost planning and decision-making processes. The ability to integrate AI into financial planning also means we are seeing improved efficiency, allowing Finance teams to focus on strategic initiatives rather than administrative tasks."
CFO Strategic Partners
MARCH 28, 2025
These services include general and operational accounting, financial planning and audit, governance, risk and compliance, transactional transformation, IT and business intelligence solutions, and outsourced accounting and interim management solutions. Latest insights Leadership 05.29.25
CFO Plans
APRIL 14, 2025
Consider conducting a thorough financial audit to pinpoint areas for improvement. Creating a Tax Compliance Recovery Plan A comprehensive tax compliance recovery plan is indispensable. This plan should encompass regular training for your financial team on the latest tax regulations and compliance requirements.
The Charity CFO
DECEMBER 18, 2024
Organizations that expend over $750,000 in federal funds (increasing to $1 million in 2025) are subject to a single audit. This audit goes beyond typical financial audits and examines programmatic compliance as well. Program Flexibility Federal funding can limit an organization’s ability to adapt its programs.
E78 Partners
NOVEMBER 12, 2024
Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.
E78 Partners
NOVEMBER 12, 2024
Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.
E78 Partners
JANUARY 5, 2024
Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Proper preparation is critical in navigating the post-acquisition audit process smoothly, minimizing disruptions, and providing timely, accurate information to stakeholders.
CFO Thought Leader
APRIL 9, 2025
Tony Jarjoura, now CFO of Gigamon, found himself surrounded by audit committee members as a dense, highly technical tax strategy unraveled before them. CFOTL: From your early assessment, what challenges and opportunities do you see in Gigamons financial structureand how do you plan to address or leverage them?
Future CFO
MAY 11, 2025
Editors note: In todays A Day in the Life , Nguyn Trung Ngn (pictured), tax senior manager at Deloitte Vietnam , shares with FutureCFO audiences how leading a complex transfer pricing audit for a multinational client became pivotal for her career and how her passion for public writing became one of her greatest sources of inspiration.
E78 Partners
DECEMBER 5, 2024
Without careful planning, organizations may face trade-offs, reallocating funds from other critical IT initiatives to accommodate AI investments. Learn more about our Inventory Assessment and Historical Audit here. While this method provides flexibility, it can significantly disrupt existing cost structures and projections.
Future CFO
NOVEMBER 20, 2022
Cyberthreats and IT governance are among the top concerns of auditors in 2023, said Gartner recently when releasing the Gartner 2023 Audit Plan Hot Spots Report. The post What are top concerns of auditors in 2023? appeared first on FutureCFO.
Future CFO
APRIL 4, 2024
In a recent joint survey by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand , it was revealed that both current audit professionals and prospective entrants stress the crucial need to achieve equilibrium between work and one’s personal life.
CFO News
MARCH 13, 2025
Sebi expands the scope of Unpublished Price Sensitive Information (UPSI) to include proposed fundraising activities, restructuring plans, and one-time bank settlements. New rules categorize various activities, including fraud or defaults, forensic audits, and regulatory actions, under UPSI to minimize litigation and appeals.
E78 Partners
NOVEMBER 19, 2024
Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.
E78 Partners
NOVEMBER 19, 2024
Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.
The Charity CFO
MAY 12, 2025
Theyre the people who spot errors in a sea of numbers and ensure the books are airtight and audit-ready. Its important to understand that this role requires a unique mindset: someone detail-oriented, systems-focused, and organized to the core. When the structure isnt there, the stress compounds and chaos creeps in.
Nerd's Eye View
JANUARY 27, 2025
Tools are available to help ensure that communications are securely archived and include necessary disclosures to meet regulatory requirements, promoting transparency and ensuring that firms are prepared for audits.
CFO Talks
NOVEMBER 12, 2024
Maintaining clear boundaries and strategic planning are essential to my approach. I make it a priority to plan the majority of my month in advance, which enables me to balance my professional and personal commitments effectively. Can you share some career highlights and defining moments?
CFO Talks
NOVEMBER 6, 2024
In markets businesses face a mix of global influences, currency shifts, and regional economic trends that can impact everything from cash flow to expansion plans. Watching these signals lets you spot trends early and plan proactive responses. Build Scenarios, Not Just Budgets Traditional budgeting has its limits when the market shifts.
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