Monday Morning Accounting News Brief: Bad Audit Haunts EY; Big 4 RTO in India – Going Concern

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Monday Morning Accounting News Brief: Bad Audit Haunts EY; Big 4 RTO in India – Going Concern

Headlines for accountants handpicked by Going Concern editors for the week of March 20, 2023.
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Assessing the DDEP and fair value accounting impact on banks' solvency – Graphic Online

Under the IFRS 9 or mark-to-market accounting can cause write-downs and regulatory capital problems for otherwise sound banks.
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The next evolution of shadow accounting is co-sourcing – Funds Europe

evolution, accounting, co-sourcing, managers, data Managers no longer have to choose between streamlined accounting processes and control of their
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Accountant shortages likely to yield more audit failures – CFO Dive

To be sure, rejuvenating the accounting pipeline is a priority for many in the industry: the American Institute of Certified Public Accountants and
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Banks, Investors Revive Push for Changes to Securities Accounting After SVB Collapse

The Financial Accounting Standards Board after the financial crisis weighed fair-value requirements for financial institutions that planned to
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