No, Letting a Recruiter Place You in a Job When You're Starting Another One...
When experiencing a moral or professional dilemma, your best option is usually to A) take advice from complete strangers too cowardly to sign their own names to the comments they make and B) seek...
View ArticleErnst & Young Tax Associate Forced to Deal with the Slobs Around Him
We all know that when you're in the throes of busy season, a key to an effective team is having people spend as much time at their desks as possible. When the pressure is on, even spending a few...
View ArticleYou Can Safely Assume That Jenna Jameson Is a Fan of Tax Cuts
And by extension, might be willing to sign the Taxpayer Protection Pledge should she ever run for office:"I'm very looking forward to a Republican being back in office," Jameson said while sipping...
View ArticleFootnotes: Setting a Date for Tax Reform (Sort of); Romney vs. Reid, Round 2;...
House votes to start considering tax reform by April 30, 2013 [DMWT]Romney to Harry Reid: I pay "a lot of taxes" [CBS]Polish Shot Put Gold Medalist’s Celebration Nearly Interrupts Women’s 10K Final,...
View ArticleANR: POTUS Candidate Tax Plans Lack Detail; Ernst & Young Olympian's...
Obama and Romney Tax Plans Are Pie-in-the-Sky [Bloomberg]U.S. presidential elections often produce half-baked proposals. The campaign websites of President Barack Obama and Republican rival Mitt Romney...
View ArticleThe First CPA Exam Scores From the July/August Testing Window Have Been Released
The AICPA has met their first target release date as announced by NASBA earlier this morning:6087 AUD, 3561 BEC, 5965 FAR and 5292 REG scores released by #AICPA to #NASBA from Jul/Aug 2012 testing...
View ArticleCurious Reader, Who Supposedly Doesn't Work at McGladrey, Questions All the...
Are you wondering what happened to Colin's numerous typos? Curious why we don't let interns run our Twitter account? Want to see me virtually pie a failed CPA exam candidate on Skype? Editorial...
View ArticleDeloitte Managed to Get Entangled in a Big International Money Laundering...
Reuters reports that a banking unit within Standard Chartered Bank hid more than $250 billion of transactions "by scheming with Iran" that is in violation of U.S. anti-mony laundering laws. Of course,...
View ArticleConnecticut Accountant Denies That 'Paperwork' Is Code for 'One Pound of Pot'
The Fairfield Citizen reports that Stuart Rosenberg, 63, got a surprise package back in May:According to police, a package was sent by overnight priority mail to Rosenberg's office from Oregon....
View ArticleThe Title of Most Awful Accountant in the World Is Spoken For
Try as you might, this will top everything you've done to be a deplorable member of the accounting brethren:[A]n accountant in Singapore refused to be associated with her mother even after her death...
View ArticleFootnotes: Nancy Pelosi Jumps to Harry Reid's Defense and Other Questionable...
Nancy Pelosi: 'It Is A Fact' That Somebody Told Harry Reid About Romney Not Paying Taxes [HP]Chesapeake Expects $7 Billion in Asset Sales This Quarter [WSJ]Governor Kasich's Latest Income Tax Reduction...
View ArticleANR: Deloitte Responds to Role in Standard Chartered Allegations; McGladrey...
Deloitte's role cited in Standard Chartered Iran deceit [Reuters, Earlier]The response: "Deloitte Financial Advisory Services performed its role as independent consultant properly and had no knowledge...
View ArticleCompensation Watch '12: The Wait Is Over at Ernst & Young
Well, it's here. After getting everyone worked up a month ago, this week marks the start of Ernst & Young's compensation sit-downs. We've gotten word that some offices got started yesterday, some...
View ArticleHappy Birthday, Peter Olinto!
A little birdie told me (OK fine, it was Facebook) that today is Peter Olinto's birthday. My stalking skills aren't what they used to be and the guy obviously has to hide out for a reason (namely CPA...
View ArticlePublic Accounting Summer Interns: Here's Your Full-time Offer Open Thread
It seemed like only yesterday we were welcoming the summer interns to their first taste of capital market servitude. Now that it's August and they've sufficiently been pranked, pandered, and paid per...
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Pay No Attention to the Accountant Eating Seven Meals a Day, He’s Just a...
With all the less-than-awesome news coming out of Deloitte these days, we're thrilled to have an example to share with you all that shows not all accountants are Cheeto-eating shlubs.Going Concern...
View Article"Emerging Growth Company" Manchester United Ltd. Not Quite Ready to Take...
As you know, the Jumpstart Our Business Startups Act was made law earlier this year, in part, to exempt "emerging growth companies" (or "EGC" for you acronym junkies) from certain reporting and...
View ArticleFootnotes: Phil Mickelson's Risky Bet, More on Deloitte, Standard Chartered,...
Deloitte and Standard Chartered Bank: In Service To Profit Above All [Forbes]Does the Revolving Door Affect the SEC’s Enforcement Outcomes? [AAA]The Value Of The San Diego Padres Grew $300 Million In...
View ArticleAccounting News Roundup: KPMG Is First to Go Local in China; The Standard...
Chinese Accounting Earns Tough Stance [WSJ][A] long-simmering dispute between China and the U.S. over how to insure companies are properly audited is reaching a critical juncture. At issue is China's...
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The Deloitte Principal Who Wrote the 'Watered-down' Report for Standard...
On Monday, we learned that Deloitte found itself in a bit of awkward situation with New York's Department of Financial Services because they "apparently aided" Standard Chartered Bank in hiding about...
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