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Broker-dealer audit deficiency rates remain high

Accounting Today

And for evaluating audit results, firms did not sufficiently evaluate whether the broker-dealer financial statements were presented fairly in accordance with GAAP. For journal entries, firms did not consider the characteristics of potentially fraudulent journal entries when identifying and did not perform journal entry procedures.

Auditing 147
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Inside GASB's far-reaching agenda

Accounting Today

In late 2023, GASB issued Statement 102 , "Certain Risk Disclosures," requiring state and local governments to provide financial statement users with information about specific risks when circumstances make a government vulnerable to a heightened possibility of loss or harm. That is effective for 2025 financial statements."

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Top 10 Accounting Firms in the US

Invoicera

It’s been 21 years that EY has been on Fortune magazine’s list of 100 Best Companies to Work For! It embraces areas like strategy, operations, human resources, IT, and even financial services consulting. Ernst&Young EY stands as one of the world’s largest professional service networks.

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Ep. 66: John Stretch - Stakeholder Capitalism

IMA's Count Me

So the accounting profession has responded to this, this, this whole thing was saying, look, the financial reporting is one thing, but we have to have a disclosure process called integrated reporting. So open above the audited financial statements, we've got these integrated reports which communicate an organization strategy and governance.

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Ep. 175: Greg Hoggard - IT & OT. The Accuracy of Technology for Change

IMA's Count Me

This was an article that was published in the February issue of the Strategic Finance magazine. When I first go out here at Rembrandt I always ask for three years of financial statements before I accept a job offer. And, we have a link to this article in the show notes here of the episode.

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Ep. 99: Andrea Williams - The Future of Accounting Work

IMA's Count Me

Management reporting should certainly follow all those rules, but normally management reporting looks at slices of the business and targets insights into subsets of the financial statement. The Forbes magazine and The Wall Street Journal, and, you know, acquainting yourself with the world of business.

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The state of the 'Big Beautiful Bill' and more

Accounting Today

There may be a lawsuit filed or theres a lawsuit going on and we dont know if were going to win, but if we dont win, we anticipate we might have to pay X amount of dollars, which will have an impact and on the financial statements, and it has to be reported in the financial statements if you know about it Dan Hood (23:10): Actually.

Billing 130