KPMG Doesn't Need You, FORTUNE; It Has Plenty of Other Employer Rankings That...
Oh Christ, the FORTUNE1 100 Best Companies to Work For came out today, which means marketing and PR teams all across Corporate America are on high alert. Who went up? Who went down? Who's new on the...
View ArticleRetaining CPAs Is As Easy As Letting Them Work in PJs and Attend Boring...
Before I begin, note that this article posted on CPA Insider specifically asks for your input. So please, once you have finished reading, reach out and let them know what you think. And copy me on your...
View ArticleHere's an Unconfirmed Account of Ernst & Young's Flexible Scheduling in Action
If you take the time to poke through the profiles of the accounting firms on this year's FORTUNE 100 Best Companies to Work For, you would find the following under Ernst & Young's "What Makes It So...
View ArticleFootnotes: The IASB Puppet Masters; Cherry, Bekaert & Holland Minus the...
IFRS under fire at Parliamentary hearing“The IASB is subsidised by Big Four accounting firms and major corporations, including banks… It has its own political agenda,” he added. “It lacks independence...
View ArticleAccounting News Roundup: Big 4 Audits and Disclosure Quality; Substance,...
Using Big Four improves disclosure quality [Accountancy Age] Companies that have a Big Four auditor are likely to provide better quality disclosures in financial statements prepared under IFRS,...
View ArticleOverstock CEO Patrick Byrne Had No Idea That There Was a Gun in His Luggage...
It's been quite a while since we've checked in with Arkham Asylum escapee Patrick Byrne. For better or worse, OSTK has managed to keep their financial reporting relatively respectable and thus his...
View ArticleCPA Exam Candidates (and Trolls): Join Us For a Live Chat on 1/31
My colleague came up with the bright idea to start doing live chats, which we hope will end up being kind of like Reddit AMAs except with people directly or tangentially related to accounting.Lucky me,...
View ArticleBurn of the Day: NJ Embezzler Pleads Guilty To Not Paying Taxes on Money She...
Ouch!According to the DoJ, a former employee of Atlantic County Concrete and Material Co. admitted yesterday evading federal income taxes on nearly $700,000 she received in 2008.Nancy Armienti, 59, of...
View ArticleErnst & Young Announces a Competitive Poaching Frenzy; Deloitte, KPMG Among...
Yesterday Ernst & Young announced the addition of six new M&A and PE professionals to its Transaction Advisory Services practice. It appears that all these professionals were special enough to...
View ArticleFootnotes: Big Labor Group Wants HP to Dump E&Y; The "Is It Time to Leave?"...
Labor group asks Hewlett-Packard to replace auditor E&Y [Reuters]The Biglaw Flowchart That Tells You When You Can Leave The Office Sub "Big 4" for "Biglaw" and you've got the accounting version...
View ArticleAccounting News Roundup: Judge Throws out Tax Preparer Regulations; The Big 4...
Dell Said to Hire Evercore to Seek Higher Bids After Buyout [Bloomberg]Dell Inc. (DELL), which may announce this week it’s being taken private by a group led by Silver Lake Management LLC, hired...
View ArticleAn Ex-PwC Senior's Over-the-top Farewell Email Is a Sign That Busy Season Is...
We've receieved the first ridiculous farewell email of 2013 and it continues the trend of TMI professional good-byes that go viral among the public accounting industry. Only by the stroke of luck did...
View ArticleWhat Do We Make of Phil Mickelson's 62% Tax Rate Claim?
This morning we shared Tony Nitti's story at Forbes about walking-KPMG billboard Phil Mickelson considering "drastic changes" because he is "in that zone that has been targeted both federally and by...
View ArticleAccountants: Tell Us Your Busy Season Problems
As many professionals embark on the tumultuous journey that are the busy season months of January, February, March, and April, it is inevitable that known and unknown problems will arise. Some of these...
View ArticleEnter the Going Concern Busy Season Video Contest For Your Chance at Cash and...
Because it's been way too long since we've had a great video (certain drunk folks excluded), TPTB had the great idea to sponsor a Going Concern video contest. If you've ever wanted fame and fortune -...
View ArticleFootnotes: MLK and Taxes; KPMG Partner Joins HSBC; 'Madoff on a Bike'| 01.21.13
Martin Luther King Jr. and Tax [TaxProf]“Now it's about loopholes.” [Martin Sullivan]Atari files for bankruptcy protection [Reuters]HSBC Hires KPMG Partner for Compliance After Bagley Quit...
View ArticleAccounting News Roundup: Don't Call HP a Bullet Dodger; Phil Mickelson Is...
Inside H-P's Missed Chance to Avoid a Disastrous Deal [WSJ]Days before Hewlett-Packard Co. dived into an $11 billion software deal it almost instantly regretted, it missed a chance to back away. During...
View ArticleICYMI: PwC and BDO Both Passed Their AICPA Peer Reviews Just Fine
Remember how Deloitte's AICPA Peer Review finding of "pass with deficiency" was one of the lowliest of low points for the year in auditing? Sure you do.At the time, we learned from the AICPA's James...
View ArticleLife After Big 4: What You May Miss and Won't Miss At All
I Want to be a CA is a Canadian site, obviously, but Big 4 misery is a universal thing that transcends race, sex and geography. In the spirit of busy season, I'm happy to share the following with those...
View ArticleKPMG CEO Will Take Some of Penn State's Questions
KPMG CEO John Veihmeyer -- Notre Dame alum, dedicated steward of an employer of choice -- is on the guest list at the World Economic Forum in Davos, Switzerland this week. We don't have his itinerary...
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