Recruiting Season Regrets: The Guy Who Passed Up a Career with Deloitte to...
Right now, many accounting students are giving serious thought to their futures. Right this very minute, in fact, a few are gnawing their already bloody fingernails waiting for a Going Concern blogger...
View ArticleChuck Schumer Is Willing to Give John Boehner a Few Days to Warm Up to Higher...
“You can’t expect the Speaker to turn on a dime in 24 hours and embrace everything, higher taxes, higher taxes on the wealthy, but I think privately that he’s seen the handwriting on the wall and it...
View ArticleLayoffs Watch '12: Mazars
The firm regrets to inform five percent of their employees, including "a limited number of partners," that they will soon have a lot of free time on their hands:Mazars could make up to 5% of its...
View ArticleShould More Undergrad Programs Include CPA Review In the Curriculum?
We've got another winner for you guys from CPA Practice Advisor, though this one at least suggests something very reasonable: should undergrad programs better prepare future CPA candidates for the CPA...
View ArticleFootnotes: IRS Buzzkill; Firing People the Right Way; James Doty's Ideal...
CBO: ‘Fiscal Cliff’ Could Trigger Recession [WSJ]Voters Say Yes To Marijuana, IRS Says No [Forbes]Groupon laid off some people that didn't have anything to do with their horrendous accounting policies....
View ArticleAccounting News Roundup: What Does Tax Reform Even Mean?; Look Who's Going To...
The Obamney tax plan [Economist]Presidents choose their words carefully. So when Barack Obama talked of “tax reform” but not “tax rates” in his acceptance speech early Wednesday, he was presumably...
View ArticleThe First Batch of CPA Exam Scores Have Been Released for the...
Hurricane Sandy managed to throw the AICPA off its game for a few days, but anyone that was expecting delays to extend into next week will be excited (or terribly disappointed) that things are moving...
View ArticleJohn Boehner Is the Most Reasonable, Responsible Person in Washington, Says...
The other day, Speaker of the Hizzous John Boehner got a lot of people got lot of people hot and bothered when he said that Republicans were "willing to accept new revenue, under the right conditions.”...
View ArticleTo Whom It May Going Concern: "Bob Moritz said 'assless chaps' in regards to...
To Whom It May Going Concern is a feature of some of the more, shall we say, interesting messages that come across the wire. If you get the urge to tell us exactly what you think about this here...
View Article"The Extraordinary Possibilities of the Accounting Profession" Are Neither...
Have you guys met Richard Caturano? He's the AICPA's latest chairman; a blue collar kid from one of the most racist towns in America who believes in wonderful things like diversity and the value of the...
View ArticleA Picture of a Cat Led to a Suspect in the Stolen Romney Tax Returns Caper
Remember when all anyone could talk about was Mitt Romney's tax returns? Sure you do. Do you also remember when some anonymous group claimed to have broken into PwC's Franklin, Tennessee office, stole...
View ArticleFootnotes: Obama Wants Boehner to Be More Reasonable; IL CPAs Serving the...
Obama says deficit plan must include higher taxes for wealthy [The Hill, Earlier]An Honest Guy on Wall Street [Bloomberg]Fraudulent Tax Refund Attempts Caused Delays for Legitimate Taxpayers...
View ArticleAccounting News Roundup (Observed): More on PwC and Colonial Bank; FASB...
Just like your friends at NASBA, we're observing Veterans Day here at GC so posting will be on the light side. If anything interesting happens while we're gone, be sure to get in touch.Grover Norquist:...
View ArticleAccounting News Roundup: PwC's Auditing Got Worse; Revenue Recognition Still...
PwC Takes Hit in Latest Inspection, Asks PCAOB to Act [CW, Report]PwC is taking more condemnation from the Public Company Accounting Oversight Board in its newest inspection report, but not without a...
View ArticleMaybe Ernst & Young *Can* Save The Global Economy All By Itself
Yeah, there are doubters, but that doesn't mean Black and Yellow isn't going to try like hell to turn this thing around. In addition to the hires in the U.S., E&Y is trying solve employment...
View ArticleRecruiting Season: Is Inter-Big 4 Romance a Relationship Killer?
This week's Recruiting Season post is brought to you by the letters C, P, A and by numbers. Lots and lots of numbers. Have a question about accounting careers? Email us at advice@goingconcern.com. All...
View ArticlePwC Wants the PCAOB To Get Better
PwC's November just got more annoying. According to the PCAOB's latest inspection, 41 percent of the 60 PwC audits inspected were not up to snuff, up from 37 percent last year.Issues called out by the...
View ArticleReport: There's Nothing Extraordinary About Sandy
Companies are unlikely to be allowed to classify damage from Hurricane Sandy as “extraordinary” for financial reporting purposes, but may consider including additional disclosures on how their...
View ArticleRita Crundwell to Appear in Federal Court Tomorrow with a Long Face
With the ponies, RV, and Thunderbird all gone, the ex-Dixon, Illinois comptroller must have figured that the jig was up:Former Dixon comptroller Rita Crundwell plans to plead guilty Wednesday to a...
View ArticleFootnotes: Zynga CFO Done Movin' Up; Geithner Goads GOP; Denmark Trims the...
Zynga CFO David Wehner leaves for ‘senior finance position’ at Facebook [AP]Judge Orders Overstock.com to Produce Evidence in California Consumer Fraud Lawsuit, While Major Investor Unloads Shares...
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