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Footnotes: Ctrl+P; KPMG Thinking About Pirates; LinkedIn Dating | 04.29.14
Deloitte wasted time and effort to find out lost/stolen mobile phones are packed with precious private data [siliconrepublic]KPMG says hackers are the new pirates [Port Technology]Office for iPad now...
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Accounting News Roundup: KPMG Loses Two; Want to Get Rich in Tech? Be a CFO;...
Two Giant Banks, Seen as Immune, Become Targets [DealBook]Credit Suisse and BNP Paribas are up first: "Federal prosecutors are nearing criminal charges against some of the world’s biggest banks,...
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The Secret to Getting Rich in Tech is Being an Accountant
Colin shared this in ANR this morning but I'm just going to leave this here to make sure you see it:David Ebersman did well as CFO of Genentech, regularly making more than $4 million per year at the...
View ArticleBig 4 Dominance Bad For Audit Quality, Says Research
Well this is fascinating research from across the pond. Do you mean to tell me the fact that four audit firms basically rule the roost is bad for audit quality? I'm shocked.Here's the scoop from...
View ArticleIRS Commish Reminds Senator That Hill Staffers Have Worse Tax Compliance Than...
U.S. Senators are the type of narcissistic windbags who revel in the opportunity to scold bureaucrats. It gives them the opportunity to fabricate the appearance of being "tough" or "no-nonsense" or...
View ArticleFootnotes: A Tale of Two TARPS; The Real Problem with Bank of America's...
Ed. note: forgive the brief FN, our highly-trained team of monkeys is working on a big story for you guys -- stay tuned!U.S. Lost $11.2 Billion in GM Bailout, TARP Report Says [Bloomberg]Here is an...
View ArticleAccounting News Roundup: SASB Lands Bloomberg and Schapiro; Auditing and Big...
Accounting Group Taps Michael Bloomberg, Mary Schapiro [WSJ]I guess the Sustainability Accounting Standards Board wanted some heavy hitters on their team. MB will be chair and MS will be vice-chair....
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Ex-Wife of Art Shamsky Back in Court to Sue Deloitte for Sexual Harassment
A lawsuit was quietly filed in New York on Tuesday, naming Deloitte and Big D Talent Director Louis Bastone as defendants. The charge? Sexual harassment. Well, sexual harassment and severe work-related...
View ArticleNow Kids Interested in an Accounting Career Can Get a Virtual Tour of KPMG
All my life, I've wanted to be a writer. There was never any question -- although my guidance counselor questioned my plan to publish sci-fi novels before the age of 21 and retire rich on some Central...
View ArticleThe PCAOB Is Looking For a Few Good SAGs
Full press release is below as we don't care enough about this to spend an hour rewriting it:Washington, DC, May 1, 2014 -- The Public Company Accounting Oversight Board is soliciting nominations for...
View ArticleMajor Player in Audit Game Makes Unfortunate Audit Quality Word Choice
This week, the ICAEW held an Audit Quality Forum debate on Should auditors do more to make audit reports reliable?Everyone sort of agreed that there's work to be done when it comes to audit quality but...
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The PCAOB Has a Flickr and It's Everything You'd Expect it to Be
Earlier today when I was pulling a press release off my fifth most visited website after GC, the Daily Mail, Facebook, and perhaps a tube that shall remain unnamed, I noticed the fancy little icons at...
View ArticleFootnotes: LinkedIn Is Down; SEC Seeks Accounting Questions | 05.01.14
LinkedIn Swings to Loss on ExpensesLinkedIn Corp. swung to a first-quarter loss on higher expenses but posted stronger-than-expected revenue and raised its top-line guidance for the year. The Mountain...
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ANR: How Andersen Damaged Accounting's Culture (Not Enron); Time Crunch for...
How Accounting, Stop Groaning, Will Save the World [Bloomberg]Jacob Soll, who wrote the op-ed in the NYT we linked to on Monday, had an interesting interview with Bloomberg that includes this: "In the...
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Accounting Isn't Cool Because Andersen Made It "Midwestern," Non-Elitist,...
Colin hid this in ANR but it's worth dusting off and setting on the mantle where we can all stare and admire it for what it is.Jacob Soll has written a book called The Reckoning: Financial...
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Crony Links: Stop Using Internet Explorer; Is HR Your Enemy?; Tips From...
To link, or not to link. That's never a question.AccountingWEB Internet Explorer Opens Doors to HackersOpen Items 'tis the Season (for *required* charitable donations)The Queen's AccountingWEB Guide to...
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Life in Public Accounting: Expectations vs. Reality
You are here reading this very website because at some point, it dawned on you that this whole thing is kinda bullshit. So, in that spirit, let's take a look at the soul-crushing reality that is made...
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Math-Challenged Future Barista With Law Degree Seeks Clue
Let's not all point and laugh at once now, kids. I did the math and I'm willing to go to school for 3 years after my undergraduate to make 6 figures out of law school.— Cadillactica Pimp (@RaganGotEm)...
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Deloitte Is Having Its Own Cesar Chavez Moment In San Francisco
As shared by our friends at Sqrl:"Received this today from a friend in SF. Everybody who was asked to join the D&T class action lawsuit say heeeeey!"
View ArticleFootnotes: Audit Committees v Auditors; More EBITDA Magic; Stupid Startups |...
Let's find out what Jim Doty has to say about Developments in the Relationships Between Audit Committees and Auditors [PCAOB]The House set to vote on Lois Lerner's contempt charge next week...
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