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Here Are Some Coded Phrases You Will Hear During Busy Season

It’s busy season and most accountants are feeling the physical and emotional pain of long hours. While cryptic underhanded messages are the last thing you need, there’s no stopping anyone from sending...

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American Realty Capital: Nothing to See Here Except Some Weak Internal Controls

American Realty Capital Properites reported the results of its internal investigation into accounting irregularities and SURPRISE, it's just some weak controls. Interim ARCP CEO William Stanley is...

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Starting a CPA Pot Practice Is Your Next Opportunity

Last month we discussed timing as it relates to starting an accounting practice. And while the timing is important, arguably, the most important decision you will make with regards to starting an...

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Accounting News Roundup: British American Tobacco Stubs Out PwC; Genworth's...

BAT sues PwC over historic pollution liabilities in the US [FT]British American Tobacco let PwC go as its auditor due to its ongoing dispute with Windward Prospects, another PwC audit client. BAT's...

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#BusySeasonProblems: Bad Dreams, Late Night Housekeeping, More Bad Dreams

Did you know there were 5 Tuesdays this month? Maybe I shouldn't mention that? Yeah, I won't mention that again.You know it's busy season when you consider leaving your house at 6:20 to be leaving late...

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Life at Deloitte Involves Avoiding Hangryness

I don't know about you all, but it's nothing short of a miracle if I eat lunch between 12 pm and 1 pm. What's worse is that once 1 pm comes and goes, time accelerates to ludicrous speed and all of a...

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This T-Shirt Sums Up Busy Season

From our pals at the Maryland Association of CPAs:I suggested on Facebook that this could be your new favorite Saturday t-shirt but some of you are probably ready to order 30 of these and wear one...

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Accounting News Roundup: Global Audit Problems; Ignoring the Golden Rule at...

Almost Half of Global Audits Have Problems [CFOJ]The International Forum of Independent Audit Regulators reviewed 950 audits from 29 countries.PwC retains FTSE 100 audit lead as KPMG climbs 250...

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PwC Concludes Female Millennials Are Great For Vague, Pointless Research

Another day, another study, and this time it's yet again one of accounting firms' favorite target: the misunderstood Millennial. And female ones at that, oh boy! I bet this research is going to be...

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The Shortage of Internal Auditors Isn't Complicated

Like every other segment of the accounting profession, talented internal auditors are in short supply. The Institute of Internal Auditors, in their quest to raise the profile of the internal auditing...

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Busy Season Zen: Guinea Pigs Playing Basketball

Watching guinea pigs play basketball is infinitely better than watching any NBA game for several reasons. Among them:1) Guinea pigs are adorable;2) Quality of play; 3) No timeouts, therefore, no...

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Accounting News Roundup: Stop Complaining (No, Seriously); Etsy's...

Grant Thornton Annual Global Survey Finds Little Growth for Women in Senior Business Roles [Business Wire]How about that: "Eastern European countries are strongest for senior female business leaders,...

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A Tax Shelter Board Game Is a Thing That Exists

Thanks to the Internet Jungle known as Reddit, TIL that there is a board game called Stick The IRS -- The Tax Shelter Game. YES.Here's the description on Amazon:The players move around the colorful...

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#TBT: The Tax Guy Who Died at His Desk And No One Noticed

We aren't sure why we've been getting tons of tips about this story considering it's only 11 years old and all -- perhaps some of you are feeling a bit mortal these days?Dateline - Finland, January...

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Accounting News Roundup: Grant Thornton's Women in Business Survey; Former...

Common Misconceptions about Selling an Accounting Firm [AT]For starters, people tend to over-inflate the value. Grant Thornton Annual Global Survey Finds Little Growth for Women in Senior Business...

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To Whom It May Going Concern: My CPA Is Locked Up and They Won't Let Her Out

This is the latest, if much overdue, edition of our infrequent feature, To Whom It May Going Concern. Here we share some of the more, shall we say, interesting messages that come across the wire. If...

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Let's Relish the City of Los Angeles and PwC Blaming Each Other Over a...

On one side, Los Angeles, the second largest city in the U.S. One the other, PricewaterhouseCoopers, the second largest professional services firm in the world.  Each a behemoth in their respective...

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Friday Footnotes: Ferguson Judge's Unpaid Taxes; BOOM Goes the Accounting;...

Deloitte Global CEO Salzberg to speak at Mendoza’s graduate program commencement [ND]Ferguson judge behind aggressive fines policy owes $170,000 in unpaid taxes [Guardian]FASB Moving Ahead With...

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Accounting News Roundup: Deloitte Partner's Juggling Act; Why DO You Want to...

Telephone scammer threatens Butler County lawmaker, wife with arrest [

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Should You Be a Freelance CPA?

Companies like The Siegfried Group have been poaching people from accounting firms for years, offering them 10% raises and quarterly bonuses. But for many of you, there's an even better deal than they...

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