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Report: Working For Deloitte Makes You More Special Than Getting Into Harvard
Oh man. We've got another shill piece littering up the hack media today, this one brought to you by the fine folks at AOL so you know it's going to be good:Deloitte LLP, a global professional services...
View ArticleKPMG Chairman: Auditor Rotation Is a 'Terrible Idea'
It's more or less understood by everyone, with a few exceptions, that pursuing mandatory auditor rotation is a giant waste of time.There has been much discussion of the issue -- from the hallowed walls...
View ArticleNew Grant Thornton Cleveland Location Will Benefit Employees, Withering Plants
The Purple Rose of Chicago: Cleveland Edition officially opened the doors at One Cleveland Center today and OMP Dan Zittnan says that's exciting for all kinds of reasons including "enhance[d]...
View ArticleFootnotes: Are More KPMG Layoffs Afoot?; Is There a Fiscal Cliff Deal in the...
KPMG partners hit as profits fall 13pc The big four accountant saw profit last year fall across UK and Europe as flat revenues in key areas such as audit and tax were exacerbated by increased costs....
View ArticleANR: There's Compromise in the Air; Handset Accounting?; Deloitte Got to the...
Obama Concessions Signal Potential Bipartisan Budget Deal [Bloomberg]President Barack Obama lowered his tax revenue demand by $200 billion and offered to start tax rate increases at $400,000 in income...
View ArticleAnd Now, May We Present Going Concern's Twelve Days of Christmas
Ed. note: With only a week before Christmas, you can't walk into any building without hearing Manheim Steamroller or Michael Bublé blasting through the soundsystem. It's enough to make you want to...
View ArticleThe IRS Was Just Kidding About Not Providing Interstate Migration Data
Last week, a number of conservative media outlets got a little bent out of shape when the IRS said that it would no longer be providing interstate migration data. The reason being that the data...
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Hiring (or Something) Watch: PwC Detroit
The Motor City edition of Papa Whiskey Charlie moved into their new "state-of-the-art facilities" in the downtown business district yesterday and everyone, including Mayor Dave Bing, was pretty excited...
View ArticleBOOYAH! SEC Goes After TheStreet for Multiple Accounting Infractions
Hmm, wonder if Jim Cramer will mention this on his show tonight?The Securities and Exchange Commission today charged a digital financial media company and three executives for their roles in an...
View ArticleFootnotes: Plan 'B'oehner; IASB Taking a Breather; Taxing Volunteers | 12.18.12
Boehner Invokes ‘Plan B,’ Dismissing Obama’s Offer [NYT]Accounting body signals pause after flurry of rules [Reuters]Starbucks Pays More Tax Than It OwesLet's be clear about what actually happened. The...
View ArticleAccounting News Roundup | 12.19.12
UBS to Pay $1.5 Billion to Settle Libor Charges [WSJ]UBS AG became the second bank to settle accusations that it tried to rig benchmark interest rates, agreeing to pay roughly $1.5 billion in a deal...
View ArticleGrover Norquist Gives the All-clear on 'Plan B'
Here's the official word from ATR:ATR has consistently maintained that individual Members of Congress make a pledge to their constituents to oppose and vote against tax increases. The House this week...
View ArticleAt the Very Least, It Appears PwC "Considers the Environment" Before Changing...
It's probably not a complete accident that the new Papa Whiskey Charlie colors were introduced the same year they began their "Trees for Threes" program in Dallas.PwC US today announced that its Dallas...
View ArticleActing IRS Commish Warns That Tax Season Calendars May Need Adjusted
He just wanted to get this out there sooner rather than later:IRS Acting Commissioner Steven T. Miller warned Congress on Wednesday that if lawmakers fail to extend the traditional alternative minimum...
View ArticleFormer CEO of New Mexico Finance Authority Not Eager to Take Blame for Fake...
Remember earlier this year when an audit of the New Mexico Finance Authority turned out to be 100% bogus and the controller in charge, a fella by the name of Greg Campbell, said he was "probably...
View ArticleFootnotes: Plan Bleh; Baker Tilly’s New Brewtown Home; No Padres Pin for...
"Fiscal cliff" talks turn sour, Obama threatens veto [Reuters]Baker Tilly is done moving into the US Bank Center in Milwaukee. [MBJ]Science explains Rudolph's red reindeer nose [CNET]Getco Acquires...
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ANR: Quite a Year for Bank Fraud; CPAs Are the Worst Lotto Winners; Saddest...
ICE in Deal to Buy NYSE [WSJ]NYSE Euronext agreed to sell itself to rival IntercontinentalExchange Inc. for about $8.2 billion, in a deal that would end more than two centuries of independence for the...
View ArticleGrant Thornton Partner Asked to Take a Seat
GT partners have elected Dave Wedding as the next Chairman of the firm's board. He was also recently appointed OMP of the Purple Rose of Chicago: Carolinas practice. As a native of Charlotte, part of...
View ArticleHere's the New Checklist from the PCAOB
It's been a couple years since the PCAOB issued an auditing standard so I guess they wanted to squeak something in before this Mayan thing took a hold. Shall we cram this in before the fires start?...
View ArticleCPA Exam Candidates Everywhere Freaked Out by NASBA's Switch to "Noteboards"...
This email went out to CPA exam candidates from NASBA earlier today:Effective January 1, 2013, in lieu of scratch paper and pencils, candidates will be provided with two double sided, laminated,...
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