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A Very Happy April Fool's Day from Going Concern, And That's No Joke
In case you didn't notice, our little playground was purposely hijacked this morning. Anyone coming to the site who tried to click a post from 8am until 2pm got this assy splash:Seems legit.If you...
View ArticleThis PwC Quote Regarding Caterpillar's Tax Dodging Will Make You Outraged
You think you were mad when we locked you out of the site for a few hours this morning? Wait until you read this.First, get caught up on the whole Caterpillar sitch from Bloomberg View:The idea behind...
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If China Won't Play, the PCAOB Will Find Someone Else to Play With
Keep holding out, China, the PCAOB don't need to check your stinkin' work anyway:Washington, DC, March 31, 2014 -- The Public Company Accounting Oversight Board today announced that it has entered into...
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Historian Claims Material Misstatement to Blame for Murderous Tyrant's...
OK so this is the Daily Mail so take that for what it's worth but what's this, now? Was William the Conquerer really just William the Materially Misstated?He is known as a terrifying warrior and...
View ArticleBaker Tilly CEO Admits He Wasn't "Civically Involved" Enough for Chicago
Man, and I thought Washington was a tough town to break into:Tim Christen, chairman and CEO of accounting firm Baker Tilly Virchow Krause LLP, moved the company's U.S. headquarters to Chicago from...
View ArticleFootnotes: Germans Say No to Extra Work; Skepticism Is Dead; Vegetable...
The Germans have come up with a bright idea: your boss can't message you after hours unless it is an emergency. Question is, who defines emergency? [Telegraph]Fed Chair Janet Yellen tried to give...
View ArticleAccounting News Roundup: CAT's Tax Dirt; Deloitte to Maryland's Rescue;...
Caterpillar digs in at hearing on taxes: 'We pay everything we owe' [CT, Earlier]If you recall, the Apple defense works quite well.KPMG director ‘stole £45k for gambling addiction’ [Scotsman] Brian...
View ArticleThe SEC Wants a Bigger Allowance Because Robots
The U.S. Securities and Exchange Commission needs more money to properly police equity markets and detect potential misconduct, especially in a world of rapid-fire trading, SEC Chair Mary Jo White told...
View ArticleBusy Season Zen: You Need This Fat Cat Exercising
You may have seen this one already as it's been around for a few years but just in case, we're sharing it because some of you are in the home stretch and need something not quite as strong as Xanax but...
View ArticleDeloitte Declares Weekends Are Not For Working, Unless You Are Working
All bets are off if you are actually working on the weekend but if you're sitting at home binge-watching Netflix and trying to recall the names of those tiny humans who call you Mommy or Daddy,...
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RSVP: Learn About Revenue Accounting for Nonprofits on April 25
Event Date: April 25, 2014This material focuses on the principles of accounting for non-profit organizations’ revenues. It will include discussions of revenue recognition for cash and non-cash...
View Article#10 Firm CohnReznick Borrowed a Few Bucks From the State of Connecticut
$508 million in revenues and 274 partners couldn't dig deep into their own pockets to find $1.2 million? Seems legit:Accounting firm CohnReznick, which has Glastonbury and Farmington offices, is going...
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Going Concern March Madness: FIND your Final Four in The Ultimate Excel Bracket
¡Ay, caramba! Our field of 64 has funneled to the Final Four:Keyboard Shortcuts: #2 Seed Ctrl-Z vs. Other Excel Features: #6 Seed Format PainterWorksheet Functions: #10 Seed VLOOKUP vs. Data Analysis...
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Sweatshop Saturdays: Rethinking Where We Work
Last week over on AccountingWEB, I delivered a CPE course on Individual Leadership and how to achieve professional excellence by raising the BAR. BAR is an acronym for Boundaries, Authority and Role;...
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Footnotes: The Church of TV; This Welfare Fraud is Rich; A Field Guide to...
More Americans see middle class status slipping [Houston Chronicle]Fort Lauderdale Accountant Can Help You Claim Bitcoin Gains/Losses on Taxes [Broward Palm Beach NT]A Minnesota couple with a $1.2...
View ArticleAccounting News Roundup: PwC Calling Booz & Co. 'Strategy&' Now; How About...
PricewaterhouseCoopers Renaming Booz & Co. as 'Strategy&' [WSJ]No word on how long "PriceBoozerhouse" or "The Day After Sunday" were on the table. PCAOB Weighs Feedback on Auditor Report...
View ArticlePer PCAOB Board Member, Facebook Will Not Sufficiently Prepare You As an Auditor
"For new accountants, the focus on documentation can be a difficult transition — the world of texting, Facebook postings, and tweeting may not fully prepare you. And, of course, communication skills...
View ArticleInvestors Want Disclosures That Make Sense; Also a Pony, World Peace
This according to Compliance Week:“Investors pretty much said to a person they're not turning down disclosure,” says Kenneth Daly, president and CEO of the National Association of Corporate Directors,...
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Mississippi to Implement Tax Holiday For Hunters Because America
I'm all for the Constitution and all but folks in Mississippi are ALL for the Constitution and all, y'all:Gov. Phil Bryant signed a bill Wednesday creating an annual tax free holiday in for Mississippi...
View ArticleSave the Date: Senate Hearing on Protecting Taxpayers from Incompetent and...
I may have blown off the PCAOB public meeting this week but this I can totally get with. Mostly because they used the word "incompetent" so brazenly (the irony of which is obviously lost on the...
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