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Don't Cut CEO Pay For Bad Performance or the CEO Might Cheat
Slashing a CEO’s compensation after a company produces disappointing financial results may help improve earnings for a time, but it can also encourage earnings manipulation, according to a new...
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Teamsters Deploy a New Weapon in the War Against Grant Thornton
Back in July, we learned that Teamsters were upset with Grant Thornton's downtown NYC office for hiring a moving company that was not paying prevailing wages for that area. To get their point across,...
View ArticleFootnotes: The Punishment For Bad Auditing; No Side Work for Deloitte; Ding...
Ed. note: In case you don't religiously follow my every move on Twitter, I should tell you we're in Boston this week brainstorming on how to make Going Concern an even better virtual watercooler than...
View ArticleAccounting News Roundup: Disclosing Non-disclosure; Going Into Business with...
Relaxed Rules for Small-Company IPOs Raise Concerns [CFOJ]Companies that disclose that they're not disclosing even admit that it's a risk: "Emerging growth companies themselves are admitting in their...
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The Monthly Close: Accounting For the Month in Headlines
Once a month, Greg gets together with his slightly-funnier-than-he-is pals to rip on the month in headlines. This month, the crew chats about the new online dating service matching employers with job...
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McGladrey Boldly Declares They Now Own the Middle Market in Ohio
While no one else was paying attention, McGladrey quietly gobbled up a Cincinnati accounting firm, completely dominating the middle market for the fine state of Ohio. First Ohio; next, the...
View ArticleThree Out of Four Big 4 Firms Made the Working Mother 10 Best Companies List
The 2014 Working Mother 100 best companies list is out, and you can expect several self-congratulatory press releases to follow over the next few hours and days. The list itself is in no particular...
View ArticleFootnotes: What the Consultants Are Doing; Worst Taxes in the World; Your...
Forget Zimbabwe, U.S. Tax System Ranks At Bottom, Just Better Than Portugal [Forbes]AICPA Urges Immediate Congressional Action on Tax Extenders [AICPA]The latest on Scotland [Twitter]The 'No' vote is...
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Accounting News Roundup: America's Tax Attitude; CFOs Doing Alright for...
A Brief History of America’s Attitude Toward Taxes [HBR]Alibaba’s Governance Leaves Investors at a Disadvantage [DealBook]Accounting firm latest outfit to stake out spot in city core The City: Detroit;...
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Mad Scientist Gets Prison Time for Using His Dog and Cat in a Tax Avoidance...
You know, I often joke that my cats Buck and Cash are interns, assistants, accountants, and CEOs of the fictional company that is my home office. But this guy clearly took that too far when he used his...
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CPE Comedy Event: Holy Mother of Fraud
CPE Comedy Event: Holy Mother of FraudAttend This EventUse the registration box below. This session will be a live event at the location specified.CPE CREDIT WILL BE AVAILABLE TO LIVE ATTENDEES...
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Starry-Eyed Graduates in the UK Choose PwC As Britain's Most Prestigious...
Another day, another ranking. Today's list comes courtesy The Times. For the sixteenth time, the Times has whipped up a list of the Top 100 Graduate Employers.By asking 18,336 graduates who left UK...
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Public Accounting Positions, Ranked
In the spirit of Internet lists, we humbly present public accounting positions, ranked from best to worst. You are welcome to bicker about this ranking in the comments.1. Intern2. Associate3. Partner4....
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Avon Just Broke Off From Its Trade Group, Would CPAs Ever Follow Suit?
Earlier today, Colin and I were talking about things within the profession that are overrated. The billable hour, Excel, Big 4 firms... you know what we mean.Someone threw the CGMA out there and we all...
View ArticleFootnotes: Liar Liar; Life at the Kool-aid Dispensary; Deloitte Defends...
Sometimes lying is a good thing [Fast Company]75% of accountants say real-time view of client’s finances would yield better financial advice [St Louis Business Journal]Kool-aid is a helluva drug...
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Accounting News Roundup: CPA Firms Pressured to Invert; Deloitte Ready to...
CPA Firm Pyramid Structure Comes Under Pressure [Tom Hood]This might look familiar. What New Team Leaders Should Do First [HBR]For the new managers out there.ONLY a year? Lawd, time has slowed to a...
View ArticleLet's Watch PwC's Dennis Nally Do the Ice Bucket Challenge
In typical accounting firm fashion, PwC chairman Dennis Nally is finally getting around to doing the ice bucket challenge now that almost everyone has forgotten about the ice bucket challenge. He's a...
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Free CPE: Communication Styles: Embracing Differences
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...
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The 20 Most Overrated Things in Accounting
You may have noticed several lists floating around your corner of the Internets these days; 33 Top People Under 33, 1000 Most Influential People in Expat Tax, 15 Failed CPA Exam Candidates Who Will...
View Article#TBT: That Time PwC Consulting Named Themselves After Everyone's Least...
From The Wall Street Journal June 9, 2002:PwC Consulting became the latest consultancy to flee headlong from the tarnish on the once-sterling accounting profession, announcing it will change its name...
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