Accounting News Roundup: Audit Quality Indicators; Suit Over EY's IndyMac...
CAQ Pilot Tests Audit Quality Indicators [AT]New acronym alert -- AQIs are here: "The CAQ Approach to Audit Quality Indicators represents a two-year effort with firms to develop perspectives on which...
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McGladrey is Still Figuring Out How Twitter Works
This is why you don't let interns near the internet, guys.
View ArticleDeloitte Is In Your State Office, Poaching Your CIO
Colorado Chief Information Officer Kristin Russell is leaving Gov. John Hickenlooper’s administration for a leadership role in a new government cloud computing practice of Deloitte Consulting LLP....
View ArticleThe AICPA Has Strong Words on Cash Accounting for the Ways and Means Committee
We all know the AICPA looooves cash. C.R.E.A.M. amiright?The AICPA has voiced "strong opposition to draft legislation that would limit the use of the cash method of accounting for pass-through entities...
View ArticleDoes Your Future of Work Include Wearing Wearables?
Perhaps you've heard the story of a troll young lady who calls herself a social media consultant caught between a punk and a hard place at a San Francisco bar with Google Glass on her face.Perhaps you...
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Your Fantasy Football Results Might Have a Few Tax Consequences, Tough Guy
Face it. Fantasy football is Dungeons & Dragons for people who used to beat up people who played Dungeons & Dragons.Now I don't think there was much crossover between future accountants and...
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Crony Links: Tax Breaks for Homeowners; Compassionate Management; Useful...
If you've finished weeping for Scott London -- get it all out, it's fine -- take a spin around some other Sift Media websites for some other reading: Open Items Making the transition: Part 1 – Failure...
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Learn the Basics of FRF for SMEs on May 15
View the WebinarFollow this link to register or access the recording. After this seminar has passed, the recording will still be available.CPE CREDIT WILL BE AVAILABLE TO LIVE ATTENDEES ONLY.Event...
View ArticleFootnotes: Scott London's Lighter Pockets; Ex-Bank of America CFO Settles; A...
Jim Ulvog's latest on l'affaire LondonAn extremely vague, hard to understand comment in the CNBC report yesterday, yes, the one wherein the camera operator ran the camera lens into the side of Mr....
View ArticleAccounting News Roundup: Can Accounting Save the World?; Killing Windows XP;...
No Accounting Skills? No Moral Reckoning [NYT]In other words, accounting can save the world: "Over the past half century, people have stopped learning double-entry bookkeeping — so much so that few...
View ArticleThe IRS Is Ready For Five Million and One Amended Returns
Amended returns happen. The IRS is preparing for it:As of April 18, almost 46 million returns were e-filed from home computers, more than the total from home computers for all of 2013. The IRS has...
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This Off-Kilter Accounting Firm Just Launched a New Website Begging to Be Judged
Everyone having an OK Monday so far? No? Too bad.Blumer CPAs is having a good Monday, as they recently dropped this bad boy on the Internet:TAKE THAT, trustworthy autumnly color schemes!True to form,...
View ArticleNow That He's Sentenced, Scott London Plans For the Future
This is worth pulling out of the archive.In an exclusive interview last year, London tells CNBC he received $50,000 in cash, a watch worth $10,000, and $10,000 in "gifts" for his wife by giving tips...
View ArticleFootnotes: The New Normal; DeVry's Future Plans; BofA Bounces Its Own Fed...
Here are 10 things that used to be normal before we all had smartphones that don't happen now [App360]DeVry has plans for a new income stream: ex NFL players [BBW]Bank of America's big math errorThe...
View ArticleAccounting News Roundup: Big Bankruptcy; SEC Has Probes in the Pike; Barry...
Big Texas Utility Files for Bankruptcy [DealBook]The largest private equity deal in history, Energy Future Holdings, has gone kaput: "After months of on-again, off-again talks between the company, its...
View ArticleIs the DoJ's Operation Choke Point Cutting Adult Stars off From Financial...
Despite being in good financial standing, adult film performers and others in the porn industry have had bank accounts abruptly terminated—and the U.S. Department of Justice (DOJ) may have had...
View ArticleEY Is Tackling the Important Issue of Dudes' Need for Flexibility
Forget women, what about working family men? Apparently they are the forgotten majority who are lost in discussions about work/life balance that include a demanding job and kids.EY partner and...
View ArticleA Tale of Barry Minkow's Right to Redemption (or Lack Thereof)
You may have read that dedicated criminal Barry Minkow has once again been sentenced to prison, this time for ripping off a church to the tune of $3 million. A CHURCH. $3 MILLION. If that isn't the...
View ArticleCFO Felon Not Sure Why AICPA Didn't Pick Up the Phone to Talk About His Fraud
Last week, ex Crazy Eddie CFO, notorious convicted felon and known Twitter troll Sam Antar tipped us off to a questionable AICPA webcast called "Voices of Fraud," which ended up on his radar likely...
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According to This, Suing Auditors Is Trendy Now
According to a Cornerstone Research report that you should absolutely read in its entirety if you are into this sort of stuff, lawyers are suing auditors more:Overall, auditor participation in class...
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