Eric Keresztes, CPA, CFE

The PCAOB's sanctions against L&L CPAs underscore the critical need for robust quality control and adherence to audit standards. With penalties totaling $150,000 and an engagement partner barred, this case highlights the consequences of inadequate policies on reporting critical audit matters and missed deadlines. At CPAClub, we advocate for proactive investments in quality management to ensure compliance and uphold audit integrity. Trust us to elevate your firm's standards and safeguard investor trust. Read more about the article here: https://lnkd.in/e2zaB9-H #AuditStandards #PCAOB #CPAClubLive #CPAClubMembership #CPAClub #CPAClubPasses #FinancialSuccess #Accounting #Auditing #CPA #Audit #AccountingServices #CPALeaders #QualityManagement #cpafirms #pcaob #aicpa #auditquality #auditmanagers #auditseniors #advisory #advisoryseniors #advisorymanagers #cfos #controllers

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What does the future of the audit profession look like? Hear what Jeff Forrestall, CPA, CFF, ABV, CVA, PFS from Forrestall CPA has to say about the changing audit landscape and how to prepare. Read the blog: https://okt.to/FZla6i #futureofaudit #AIinaudit #audit

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The top three challenges confronting CPA firms today are audit staff shortages (51%), redundant processes (43%), and excessive workload (35%). This FREE #CTCPAKnowledgeHub whitepaper highlights recent industry trends to overcome the audit talent shortage. https://ow.ly/QQOT50SzHFs

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CPA Trendlines: Say Adios to Audit Fee Pressure: What client goes out for an audit proposal when their auditor provides relevant advice and useful suggestions? By Alan Anderson, CPA Transforming Audit for the Future Go PRO for members-only access to more Alan Anderson. http://dlvr.it/T9ZDPh #CPA #tax #accounting

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CPA Trendlines: Say Adios to Audit Fee Pressure: What client goes out for an audit proposal when their auditor provides relevant advice and useful suggestions? By Alan Anderson, CPA Transforming Audit for the Future Go PRO for members-only access to more Alan Anderson. http://dlvr.it/T9ZDPR #CPA #tax #accounting

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CPA Trendlines: Say Adios to Audit Fee Pressure: What client goes out for an audit proposal when their auditor provides relevant advice and useful suggestions? By Alan Anderson, CPA Transforming Audit for the Future Go PRO for members-only access to more Alan Anderson. http://dlvr.it/T9ZDPT #CPA #tax #accounting

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Are you ready to comply with ASU 2023-07 on segment disclosures? Read our updated guidance about these enhanced requirements in this recent Heads Up!

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CPA Trendlines: Planning Lays the Foundation of Audit Relevance: If you fail to plan, you plan to fail. By Alan Anderson, CPA Transforming Audit for the Future Go PRO for members-only access to more Alan Anderson. http://dlvr.it/T75xRm #CPA #tax #accounting

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Attention CPAs! As the CRA ramps up audit activity across various sectors, having Audit Shield can safeguard against unexpected costs and fee write-offs. With thousands of taxpayers selected for audits annually, knowing the areas under scrutiny is crucial. Read the full article: https://lnkd.in/gjAiYQ8y How Audit Shield can benefit your accounting firm and your clients: > Covers the professional fees (subject to certain policy exclusions and limits) normally charged to your client when you assist them to respond to eligible official audits, enquiries, investigations, reviews or examinations of filed returns. > Avoids disputes with your clients regarding fees incurred as a result of audit, and possible fee write offs as a result. > Fees are paid promptly direct to you. > A proactive, cost effective solution for your clients. > Audits of previously filed returns (for an audit instigated during the period of cover) are also covered, including those you did not file or prepare. > No cost to you to offer the service to your clients. > Indicates to your clients that you are proactive and are looking out for them. Join thousands of CPAs who choose Audit Shield throughout Canada, Australia and New Zealand. #TaxSeason #AuditProtection #CPA

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JUST RELEASED AT #DCPA24: Read the 2024 CPA.com and AICPA PCPS CAS Benchmark survey to learn more about key trends in this growing area and how your #CAS practice compares with your peers. https://lnkd.in/e_Qvqd6f

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