KPMG's Re-Audit of Ventas Teaches Us Boning Doesn't Necessarily Ruin an Audit
Colin buried this in ANR this morning:Health-care real-estate investment trust Ventas Inc. ( VTR ) said a re-audit didn't result in any changes to its financial statements.KPMG LLP audited Ventas's...
View ArticleCrony Links: Accountant Character Traits; Running a Business From Home;...
Plus, accountants don't bite? Have you ever cut the line at Chipotle in front of a hungry one? Open Items Tax vs. Advisory - There's No Definitive AnswerAccountingWEB What 5 Character Traits Do...
View ArticleIMA Survey Shows Men Make More Than Women and Certifications Matter
The Institute of Management Accountants salary survey came out yesterday, and you should check it out if you're into that sort of thing. Quickly while we're on the topic of salary, consider this your...
View ArticleFree CPE: Current Issues Affecting Compilation and Review Engagements
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 ArticleLook How Well Some CPA Candidates Are Taking the News That Their Scores Are...
So, apparently the NASBA account is only allowed to tweet about CPA exam score releases and nothing else. Yesterday, they experienced a bit of a Twitter snafu, reposting an article about best...
View ArticleFootnotes: Who Saved the Economy; The IRS Needs a Good Geek; You Are Not Evil...
Portland's top accountant, Jane Kingston, says city retaliated against her, takes severance instead of suing [The Oregonian]He's been waiting for 20 years, FYI [Twitter]@NASBA I want the scores NOW!...
View ArticleAccounting News Roundup: Mission Impossible: Conflict Minerals Reporting;...
SEC Preps Mutual Fund Rules [WSJ]More rules to keep you all employed: "The Securities and Exchange Commission is preparing new rules to boost oversight of mutual funds, hedge funds and other firms as...
View ArticleThe Inside Dirt on Employment Background Checks
Ed. note: Herc Hammer -- obviously not his real name -- is a Certified Fraud Examiner and licensed private investigator who works for a Big 4 firm. If you still have questions about the background...
View ArticleThis Embarrassing Deloitte Mockumentary is Surprisingly Accurate
How is it possible this video from Deloitte Belgium has been out in the wild for nearly 3 years and we are only just now seeing it? This thing has "needs to be made fun of by Going Concern" written all...
View ArticleAnxious CPA Exam Candidates Crash NASBA Website, Blame NASBA
NASBA has had a rough couple days. First, they accidentally got everyone all excited about the prospect of scores being released a few days early, which was never going to happen. Then, an army of...
View ArticleFootnotes: It Pays to Be Stupid; The IRS' Latest Pain in the PTIN; The NASBA...
Investors expect lower rates for longer than Fed itself: Fed study [Reuters]The CEO of Hertz has stepped down, citing personal reasons It definitely didn't have anything to do with major accounting...
View ArticleAccounting News Roundup: IFRS Holdouts; GE Tax Guy's Predictable Opinion on...
Non-IFRS Accounting Zones Dwindle in Number [CFOJ]The Magnificent Seven: The U.S., China, Egypt, Bolivia, Guinea-Bissau, Macao and Niger."In 106 countries, all or most domestic public companies are...
View ArticleHow Failing the CPA Exam Might Actually Help You Succeed
You may have heard but NASBA managed to release scores a day early despite day long website issues and lots of candidate bitching. Lots and lots of candidate bitching. Granted, the scores came out just...
View ArticleThe Rise of Commuter Marriage or, Alternatively, How to Get Away From Your...
A friend recently announced that she and her spouse are entering into a “commuter marriage” because her husband landed a job in Kentucky. He would be moving to the land of horse racing and finely-aged...
View ArticlePCAOB Issues Staff Audit Alert on Auditing Revenue Because Auditors Suck at...
The PCAOB would like to see auditors get better at a lot of things; showing their work, testing controls, auditing in general. In particular, they would like to see auditors get better at auditing...
View ArticleWhich School Tops U.S. News Rankings in Undergrad Accounting?
RANKINGS. Love them or hate them, how else are we supposed to know who we're better than?The 30th edition of U.S. News and World Report best colleges rankings are out and here's how your top 5...
View ArticleFootnotes: A Lesson in Grant Thornton History; Are You ExIm Or ExOut?; What...
Lawmakers Press Regulators to Lessen Risks Banks Pose to Financial System [WSJ]Overall auto loans are up, as are delinquency rates on those loans [AP]House Republicans near accord on short-term...
View ArticleAccounting News Roundup: PwC on Climate Change; REITs Are All the Rage;...
This Legendary Accounting Firm Just Ran the Numbers on Climate Change [MoJo]Odd thing #1: Seeing PwC mentioned in a Mother Jones article. Odd thing #2: PwC issuing doomsday reports on climate...
View ArticleSo You Failed the CPA Exam, Now What?
With the end of the year fast approaching and only two months left to knock this puppy out before January, getting a failing score this late in the game probably has you writing overly dramatic tweets...
View ArticleBefore You Leave Public Accounting, Consider This
Fall is in the air, and that means that if you’re in your mid-twenties, ply your trade in public accounting, and are prone to even the occasional moment of introspective thought, you’re probably...
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