1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time?
Should an accountant be running boeing?
Join me live for "Building a Modern CPA Firm" with Alan Whitman
Why fines don't deter auditor misconduct
A small audit firm with only one CPA on the website takes on a multi-billion dollar client. The client turns out to be a fraud. And the auditor? They face a measly $65,000 fine, less than the fees they earned from the audit. It's a true story that David and I shared on The Accounting Podcast. And it's just the tip of the iceberg when it comes to the lack of accountability in the auditing profession.
The burden of success in public accounting
How modern pricing models drive higher accounting firm valuations
Why the new beneficial ownership reporting law won't stop money laundering
How to sell your accounting firm
Are you considering selling your accounting practice? Navigating the complex process of valuing, marketing, and transitioning your business can be daunting. That's why I'm excited to invite you to join me and serial acquirer Michael Ly for an insightful webinar that will provide you with the tools and knowledge needed to sell your accounting firm successfully.
