Friday Footnotes: Client Hid ‘Damning’ Audit; Predictions for the Profession; Accounting Firm Gets Compromised | 4.15.22

Ed. note: Happy almost Easter to those who celebrate, happy 11th birthday today to my cat Cash Money (no, I did not purposely track down a cat born on tax day when I adopted him from Humane Rescue Alliance in DC 11 years ago), and a very happy April 18th to those of you who have been working yourselves ragged leading up to this day. So much to celebrate this weekend!

Return to the Office Bribes Won’t Work Forever [On The Margins newsletter from Gusto] It’s been a good run, and now things seem to be thawing out for real this time, so WFH is giving way to… RTO, aka return to office. For some folks, though, there is no RTO; they’re WFH FOEVAH. And it’s understandable. Working from home has provided badly needed flexibility and autonomy to many workers, and many employers are willing to oblige them. If their current employer pushes RTO too hard, workers are finding new employers that won’t.

More Predictions about the Profession’s Future [The CPA Journal] Writes Yigal Rechtman, CPA, CFE, CITP, CISM: The current impediments to growth are mostly driven by the perception of prospective entrants to the CPA profession. These are: Lack of mission or purpose. To counter this perception, the accounting profession could be rebranded as a foundational force of social stability and progress, and not just as “a job” with long hours and low return on investment (ROI) on education. A narrow focus on numbers. Accounting provides a golden toolkit of critical…

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