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Accounting News Roundup: SEC Curious About CAT's Cash Movements; The Ongoing...
Caterpillar reports SEC cash movement investigation [Reuters]Sounds fishy, CAT: "The movement of cash among Caterpillar's U.S. and foreign subsidiaries is being investigated by U.S. authorities, the...
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UK Auditor Regulator Stops Short of Calling Grant Thornton Audits 'God-Awful'
The PCAOB inspection report for Grant Thornton, while worse in susbtance, doesn't quite express the feelings of a regulator who expects a little more. A report from the UK accountancy watchdog said it...
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PwC's Clever Tax Advice for Caterpillar a Little Too Clever
Caterpillar, maker of enormous sandbox toys, has received some unfun news. After poking around some old tax returns, the IRS has proposed that the company pay tax increases and penalties of $1 billion....
View Article#BusySeasonZen: The Train Snowblower
Winter has not been kind. And with Punxsutawney Phil predicting 6 more weeks of chilling terror, we can only hope for the best.The following video is from Romania in 2012 and it shows just how slow...
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PwC Settling California Wage & Hour Lawsuit for $5 Million
We've been following Campbell v. PricewaterhouseCoopers for a long time so it's kinda sad to see it come to a whimpering end.Earlier today a tipster let us know that he received his notification about...
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Accounting News Roundup: Punit Rejen's Journey; PwC's Brand; Forward...
How a refugee’s son from a small Indian town became Deloitte Global’s CEO [Quartz]This is a great story. No joke. "In 1984, Renjen won a Rotary Foundation Scholarship that offered him a ticket to the...
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#TBT: The Story of the First Female African-American CPA in the United States
From the Chicago Tribune:By all accounts, Mary T. Washington Wylie's search for perfection made her a tough, but kind, taskmaster.It also helped propel her into becoming the first African-American...
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Pittsburgh Utters a Collective 'Meh' About Its Accounting Firms
What do we know about City of Pittsburgh? It has lots of bridges, 446 to be precise. Andy Warhol was born there. Carnegie Mellon University, a decent school, is located there. Its professional football...
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How Neil Patrick Harris Met Your Accounting Firm
If you guessed, "A kid doctor needed help with his taxes," you would be wrong.No turning back: Dropped off my official #Oscars predictions to the two people in charge of the ballots at @pwc_llp....
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Accounting News Roundup: Deloitte CEO Stepping Up; New Mexico No Good at...
COUNTDOWN: Largest Tri-State Accounting Firms [Cincinnati Business Courier]Because you won't rest until you know which firm is the largest in Cincinnati.New Mexico’s $100 Million Accounting Error...
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Let's Play 'Spot the Cliché!' Drinking Game with This Email From the AICPA
In an email -- presumably -- sent out to AICPA members, AICPA President, CEO, and founding member of Hall, Oates & Melancon Barry Melancon wants to remind public accountants what everyone is...
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Survey Says: Over Half of Small Businesses Don't Work With an Accountant At All
Here's an interesting discovery from Xero: 53 percent of small businesses they surveyed "say they don’t work with an accountant at all." So not only are all firms the same, they're not crucial to...
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Does KPMG Even Meme, Bro?
Apparently! From Fortune:As the stereotype goes, accountants are a species of professional often seen as spiritless human calculators—and not as indispensable visionaries. “‘Taxes must be boring.’ I...
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You Won't Mind if Your Tax Refund Is a Little Late, Will You?
No, you won't mind.The Obama administration said Friday it would allow people to sign up for plans on HealthCare.gov through April, and at the same time acknowledged it had sent some 800,000 people...
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Friday Footnotes: A Bombable Accountant; Dragging Out Revenue Recognition;...
Colorado man says he wanted to bomb accountant, not NAACP headquarters [LAT]Apple Wants to Start Producing Cars as Soon as 2020 [Bloomberg]IASB Member Sees Revenue Rule Delay As Inevitable [CFO]Former...
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Accounting News Roundup: Wanting to Know More About Next Deloitte CEO's Past;...
Deloitte US First Female CEO: We Wish We Really Knew You [Francine McKenna/Medium]Cathy Engelbert has experience in pharm and life sciences. FM asks, "Wouldn’t it be nice if investors and other...
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There's a Bright Side to Getting Snowed in on an Audit and It's Good Oral...
Thank you all for the outpouring of cards and letters regarding my recent brush with scurvy. One educated Internet user has informed me that I can go up to 60 days without vitamin C before contracting...
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Friendly Reminder: NASBA Is Still Screwing With Your Head
What's the second worst thing a CPA exam candidate can see besides a 74 on score release day? Well this, of course:Those of you with a promising future in audit will notice that the dates are all wrong...
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The PwC Partner Who (Sorta) Looks Like Matt Damon and Other Public Accounting...
If you watched the Oscars last night, you probably saw the awkward exchange between host Neil Patrick Harris and PwC's Brian Cullinan.According to the Daily Mail (I know, I know):After the gongs had...
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Accounting News Roundup: Next Deloitte CEO Still Taking Questions; Conflicts...
Deloitte CEO Cathy Engelbert, On The Business Of Professional Services [Forbes]Chatty Cathy continues making the rounds. She got the "where do you see yourself (and the firm) in 5 years?" question. "We...
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