Grant Thornton Has a Fight Song and It's As Awful As You Might Expect
Grant Thornton is in the anniversary mood and wants its people to get on board, too. In that spirit, they are looking for staff to make their best GT fight song video.Show your Grant Thornton spirit!To...
View ArticleFootnotes: A Bad Accountant With Promise; New IRS Troubles; Stop Working |...
Penn West Jumps as Goals Kept After Accounting Review Restatements are magic! [Bloomberg]TODAY [Twitter]Find out why you should be a CGMA Today: http://t.co/BK7aM3jeIz— CGMA (@CGMA) September 18, 2014A...
View ArticleAccounting News Roundup: The Ghost of Tom Petters; PwC's Latest Conquest; The...
Alibaba's IPO Priced at $68 a Share [WSJ]China's middle class is HOTJames Hansmann, 86-year-old accountant from Agawam, permanently barred from preparing tax returns, must pay nearly $500k in federal...
View ArticleClik here to view.
15 Reasons Why EY's BuzzFeed Post Is a Bunch of Malarkey
BuzzFeed will let anyone and their mama post on their platform, including myself (see: 13 Things Only People Who Are Human Will Understand). Not wanting to be left out of the fun, EY has partnered...
View ArticleThird Idiot Charged in Elaborate Post-It Eating Insider Trading Scheme
Do you all remember the Post-It note eating fools the SEC accused of insider trading?Well, now the SEC has charged the alleged "middleman," who was the one the SEC claimed was eating the Post-it notes...
View ArticleFootnotes: EY Settles Sino-Forest; Freddie Mac Sues Deloitte; Commuting in...
Ernst & Young settles with OSC in Sino-Forest, Zungui cases [Globe and Mail]2014′s Most & Least Fair State Tax Systems [WalletHub]Designing the Commute of the Future [HBR]Inverse logic This is...
View ArticleClik here to view.
Accounting News Roundup: Auditor Naming Skirmish; Tesco's Bad Accounting;...
Regulators, Accounting Firms Bicker Over Audit Rule [WSJ]The PCAOB wants audit partner names in the 10-K. Auditors want those names in Form 2. Neither wants to budge: "To those outside the accounting...
View ArticleLet's Argue Over the Best Place to Put Audit Partners' Names on Reports
You may have noticed an important article Colin shared in ANR this morning, one which explains the most contentious issue in accounting today (besides the GC most overrated list).From Michael Rapoport...
View ArticleClik here to view.
Adam Steele is Going to Pry Your $63 PTIN Fee Out Of the IRS's Cold Dead Hands
Thank God for people like Adam Steele, CPA. Not only has his free-range facial hair been the non-ironic inspiration for the irony of hipsters everywhere, he’s also the frontman for the PTIN class...
View ArticleClik here to view.
This Massive SEC Whistleblower Award Will Make You Wish You'd Seen Something...
The Securities and Exchange Commission today announced an expected award of more than $30 million to a whistleblower who provided key original information that led to a successful SEC enforcement...
View ArticleClik here to view.
Researchers Claim Manly CEOs More Likely to Cheat, Because Beards Are Unethical
We've long agreed as a society that manly dudes are more likely to be in-charge types, from clubbing their mate of choice and dragging her back to the cave to heading up our nation's largest companies...
View ArticleClik here to view.
PwC Refugee Uses Sametime to Show Why Jerky Managers are the Worst
A good majority of you do your time in public accounting, leave quietly, and go on with your lives. But a few of you cling to screenshots of your past life, so you never forget just how awful those...
View ArticleClik here to view.
Footnotes: Deloitte to Tesco's Rescue; Endorse This; Cleveland in the House |...
Tesco’s execs suspended in $409m profit probe Seems legit, it's not like PwC should have caught this or anything: "Tesco's usual auditor is PricewaterhouseCoopers (PwC), who have held the job since...
View ArticleClik here to view.
Accounting News Roundup: Inversion Crackdown; Manager? No, Thanks; KPMG Gonna...
U.S. Acts to Curb Firms’ Moves Overseas to Avoid Taxes [NYT]The Treasury Department figured it had to do something since Congress won't be acting any time soon: "The guidelines use existing Treasury...
View ArticleWhy Your Firm Needs a Bring Your Dog to Work Policy
Look out, interns! We found someone who’ll fetch the tick marks for free!When I first started working in public accounting, I gave away my beloved eight-year old dog to a family friend. A veterinarian...
View ArticleHere's Your Open Thread for KPMG Compensation Discussions (2014)
We have held off on this one as long as we can, but some of you are anxious to get the results from our Compensation Survey and the only thing holding us up is this here compensation discussion. So...
View ArticleKPMG Offering Expanded Audit Reports Because Regular Audit Reports are Useless
As part of its campaign to restore trust in audit in the wake of the financial crisis, the firm experimented with increasing the amount of useful information provided in the new long-form audit report,...
View ArticleClik here to view.
EY Celebrates Its Second Year as the Most Attractive Professional Services...
Did someone say attractive? No, I don't mean attractive young men in various states of undress, I mean attractive, as in if you have to work in professional services, I guess working for EY will do.So...
View ArticleFootnotes: Lehman's Legacy; Have You Bullied a Partner Today?; The NFL Is...
SEC Charges Barclays Capital with Systemic Compliance Failures After Acquiring Lehman’s Advisory Business [SEC]Same thing happens to me for "toolbag" [Twitter]Made the mistake of searching my inbox for...
View ArticleClik here to view.
Accounting News Roundup: Deloitte's Record Revenue; FRC to Probe Tesco's...
Deloitte Posts Record Annual Revenue [WSJ]$34.2 billion. Consulting grew 10% globally. In the U.S., consulting grew 11.3% while audit and enterprise risk services grew 2.7%.Wall St. Bankrolls...
View Article