Footnotes: PwC Gets Into the Law Business; The Bongs' Great Idea; Post This |...
Diversity of services key in changing accounting industry This will definitely end well [WCBJ]Atlanta accountant and three others charged with insider tradingFour men were charged with insider trading,...
View ArticleAccounting News Roundup: Suitors of Chiquita Are Second Banana to Inversion;...
Chiquita Rejects Unsolicited Offer and Will Proceed With Inversion [DealBook]Cutrale Group and the Safra Group are second banana to Fyffes: "[I]n a letter to Cutrale and Safra, and a news release,...
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Free CPE: The Cutting-Edge Accounting Office
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 ArticleThe Possibility Remains the FASB Could Turn Their Simplification Initiative...
Accounting rules are complex. It is known. The Financial Accounting Standards Board, in an effort to serve its stakeholders, has made it a priority to make them a little less awful. This is no small...
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Crony Links: Big 4 Turnover; Dealing with Time Pressure; How Connected Are You?
Links will keep us together.Open Items Reasons for high turnover at Big 4AccountingWEB Constant Time Pressure is not Your FateAWEB Forums What skills does a second-year need most?The Queen's...
View ArticleHere's Further Proof That Accounting Firms Need a Charge Code for "Wasting...
Okay, maybe some of you don't count the r/accounting subreddit as "proof" but that doesn't mean these things aren't happening!From the "How much of your day is spent just browsing the internet?"...
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Footnotes: Joe Echevarria Retiring; The Too Smart Staff Person; Email Is the...
Deloitte CEO Joe Echevarria to Retire to Pursue Life in Public Service Mr. Echevarria has been at Deloitte for 34 years and has served as CEO since 2011. In a statement issued by the firm, he said he...
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Accounting News Roundup: New York Nails PwC with $25M Fine, 2-Year Ban;...
Bank Overseer PwC Faces Penalty and Sidelining of Regulatory Consulting Unit [DealBook]Ben Lawsky lays into PwC for whitewashing a report that outlined illegal wire transfers to Iran and other...
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EY Compensation Discussions Redux
With one firm's CEO announcing his retirement and another firm taking it on the chin from Ben Lawsky, you'd think most people would be satisfied with the topics of discussion on a Monday morning....
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This Year's AICPA Accounting Competition Will Double as CGMA Advertising
If you're into cut throat competition among the country's best and brightest accounting students, you already know what's up with the AICPA Accounting Competition. We write about it every year unless...
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Deloitte Summer Interns Challenge Rival Firms to Step Up and Get Drenched in...
Surely you've seen the ice bucket challenge, perhaps you've even participated yourself. In case you don't know, basically you get a bucket of ice water dumped on you, nominate two friends to do the...
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TIL: Ancient Greeks Used Slaves as Auditors So They Could Be Beaten When They...
I've had Jacob Soll's book The Reckoning: Financial Accountability and the Rise and Fall of Nations sitting in my bag forever, always intending to go up on the rooftop deck on a nice summer day with a...
View ArticleThis NYT Op-Ed About Millennials is Bad and You Should Feel Bad
How old are we -- the oldest, saltiest, most bitter of the Millennials -- going to be when older, saltier, more bitter Boomers finally stop writing articles like this about us? I mean, guys, we're...
View ArticleFootnotes: H&R Block's New Biz; PwC Likes Its Bad Clients; SEC Teed Off |...
H&R Block launches small business accounting services [Kansas City Business Journal]McDonnell defense emphasizes his openness to accountant Former Virginia Gov. Bob McDonnell's lawyers called their...
View ArticleAccounting News Roundup: Former PwC Chairman Passes Away; Inversions -- Not...
James J. Schiro, Lead Director at Goldman Sachs, Dies at 68 [NYT]He also spent some time at PwC: "In more than three decades at Price Waterhouse, he rose to chairman and senior partner. On its merger...
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New York Regulator Didn't Find Statements by Supposed Objective PwC Director...
Yesterday, we saw quite a bit of coverage on New York's Department of Financial Services throwing the book -- albeit a comic book -- at PwC for writing a mealy-mouthed report on Bank of...
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AICPA Celebrates 400,000th Member Just Because
From the professional organization that brought you the letters XYZ and CGMA, the AICPA now brings you the number 400,000: The American Institute of CPAs today announced that its membership recently...
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The Monthly Close: Accounting with Your Shirt Buttoned Down
Today we're kicking off a new video series. it's called the Monthly Close and it'll feature Greg and some of his comedian chums recapping stories from last month. We hope you enjoy it. If you have...
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EY Going for an Amputation-Free Emmy Awards Again This Year
If you really want to know the winners in advance, it will cost someone at EY their arm. EY implements numerous precautions to help ensure accuracy and safeguard results until they are announced on...
View ArticleFootnotes: Standard Chartered Settles with New York, Again; Medical Device...
Standard Chartered Settles Money Laundering Case [DealBook]Audit Regulator Considers Revamp of Rules on Accounting Estimates [WSJ]Man pleads guilty over 'Hot Lips' account used to evade U.S. taxes...
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