Life After Public Accounting: Harassing Auditors For a Living Isn't a Bad Gig...
All busy season long, we'll be discussing exit opportunities for those of you feeling like overworked Chinese slave labor counting down the days from your cubes. Remember, there is life after public...
View ArticleFootnotes: The Fiscal Cliff, Dude; Stamford Knows BDO; Resolutions for the...
From NASCAR to rum, the 10 weirdest parts of the ‘fiscal cliff’ bill The fiscal cliff bill renews “special expensing rules for certain film and television productions,” at a cost of some $75 million...
View ArticleAccounting News Roundup: Later, 112th; Judge Gives Ex-Satyam Audit Committee...
Fresh Budget Fights Brewing [WSJ]The completion of a tax deal between the White House and Congress sent stocks soaring Wednesday, but the sense of relief belied the fact that more tax-and-spending...
View ArticleBig 4 Firms Performing Quite Well in the Self-Preservation Department
If you are able to find Google's homepage and have a couple of functioning digits, it isn't difficult to find news of Big 4 audit firms settling lawsuits over the past few years. Satyam. Countrywide....
View ArticleBDO Keeps Pace with Rival Audit Firms in Terrible PCAOB Inspection Reports
For whatever reason, BDO was excluded in the last-minute lump of coal the PCAOB delivered to Deloitte, Ernst & Young, and Grant Thornton right before Christmas, but that doesn't mean their...
View ArticleClik here to view.
Occupy the Audit Committee: Why Not Include PCAOB Inspections in Proxy...
Every year, my mailbox gets cluttered up with huge proxy statement packets filled with a bunch of crap I won't read. And every year, I vote against the Big 4 accounting firm recommended by the Board....
View ArticleFootnotes: Who is resisting the Boehner?; A CPA firm Grinch; 77% of taxpayers...
SEC v. Deloitte. It’s Important.[China Law Blog]Who are the Boehner resisters? Too easy. [POLITICO]IRS Issues Withholding Tables to Reflect 2013 Tax Rates [Bloomberg]Controversial Dark Money Group...
View ArticleANR: Basel Gets Butthurt By FASB Loan Loss Rules; Eat the Rich; Sokol Gets...
Acting Ed. note: Guess what, kids? NO COLIN TODAY! YAY!!! I'll be holed up at the Secret Lair surrounded by cats pumping out accounting news for your entertainment all day so feel free to shoot me an...
View ArticleUPDATED: [VIDEO] This Drunk Irish Chick Might Be Her KPMG Partner Daddy's...
Video description says it all:girl with no money for pizza eating scraps from table in drunken rage. she has no shoes on and has urine on her feet!! very funnyIt goes without saying based on that...
View ArticleDeloitte Hopes To Make Training As Fun As Call of Duty
If you're anything like me, sometimes after a long day of slaving away for the man, your first thought is to pop a beer, kick off your shoes and cap some mofos in your favorite violent video game. I...
View ArticleAnd So the "Drunk KPMG Daddy's Girl" Remixes Begin...
Thank you, young lady, for making my Friday. And the Friday of many plegs (? sorry, I don't speak Irish) around the world. Except for your dad Jimmy, who is probably mortified and can't delete the...
View ArticleFootnotes: Off the Edge We Go Anyway! | 01.04.13
It's been lovely as always spending the day with you all! Aren't we all happy we had drunk KPMG girl to carry us? YAY THIS JOB! See you all on Monday when Colin is back to cracking the whip on me....
View ArticleANR: Pols Man Their Fiscal Battle Stations; Deloitte Still Buying Up...
Battle Lines Drawn on Budget [WSJ]Republicans won't accept further tax increases in coming budget and debt negotiations, the party's Senate leader said Sunday, putting GOP lawmakers on a collision...
View ArticlePwC Poaches a KPMG Partner and Issues a Press Release, Part VIII
An alternative title for this post would be "PwC Poaches a KPMG Partner and a Deloitte Partner and Issues a Press Release, Part I."John Tantillo and Farah Faruqui are proud new partners in PwC's Risk...
View ArticleWill the Foreclosure Settlement Result in Collateral Damage at the Big 4?
Earlier today, a settlement was reached between federal regulators, led by the Office of the Comptroller of the Currency and the Federal Reserve, and ten banks over foreclosure abuses. Over the past...
View ArticleEx-KPMG Chief to Auditors: You Are All Flirting With Irrelevance
According to a Financial Times article posted today, KPMG UK's former head John Griffith-Jones -- who is now a regulator for the UK's Financial Conduct Authority -- dropped a bomb at a posh lunch for...
View ArticleErnst & Young Study Finds That Fraudsters Aren't So Creative with Code Words...
If you and some cohorts are fed up with walking the straight and narrow, be advised that a recent study by Ernst & Young discovered something that may help assist you in making your future...
View ArticleFootnotes: SEC Investigating Ernst & Young for Audit Client Lobbying and...
SEC probes Ernst & Young over audit client lobbying The Securities and Exchange Commission is investigating whether auditing company Ernst & Young violated auditor rules by letting its lobbying...
View ArticleAccounting News Roundup: Deloitte Wants Delay in Case of SEC's Request for...
Deloitte opposes SEC move to restart China audit paper case [Reuters]Accounting giant Deloitte has asked a federal judge to reject a request from the U.S. securities regulator to resume a court case in...
View ArticleAuditors Not Being Credited with “Better Letter Than Never” in Discovery of...
In yesterday's Footnotes, we mentioned that the Reading, Pennsylvania School District sorta overstated the amount of a subsidy that it received from the Keystone State. An unfortunate error that will...
View Article