Blake and David meet with Chris Vanover, President of CPAClub, about the recent $2 million PCAOB fine against Withum for poor audit quality on many 2021 SPAC audits. They examine Withum’s 500% increase in audits with minimal staff growth, leading to overworked teams and partners working 100+ hour weeks. They also debate whether the fines are large enough to change behavior or just a cost of doing business. Click here to watch.
CPAClub helps firms move forward. Through our award-winning subscription model, firms gain flexible access to experienced accounting and advisory professionals and technology applications that help expand capacity, strengthen audit quality, navigate regulatory change, support modern professional development, and drive transformation.
Founded and led by one of Accounting Today’s Top 100 Most Influential People in Accounting and CPA Practice Advisor’s 20 Under 40 Top Influencers, CPAClub has been recognized as the CalCPA Firm of the Year and a Top New Product by Accounting Today. Learn more at cpaclub.cpa.
Subscribe to receive the latest thought leadership posts to your inbox.
Expert audit, advisory, and regulatory support to enhance quality, increase efficiency, and strengthen compliance.
Scalable accounting, advisory, and CFO solutions to streamline operations, ensure compliance, and drive growth.
Thank you to our passholders, crew, and allies. See why they trust us to lead the way.
