PICPA Has Organized "Ask the CPA Experts" Night for Future Pennsylvania CPAs
As much as we'd like to believe we're a great resource for CPA exam candidates, it's easy for candidates to get confused by the wealth of exam information floating around out there on the Internet....
View ArticleRunning a Marijuana Dispensary Isn’t Really All It’s Cracked Up to Be Once...
It’s awesome when the Commissioner of the IRS calls the tax code “a monstrosity” like he did in a speech back in May but it’s even more awesome when the tax code messes with stoners worse than an...
View ArticleHave We Reached the Nadir of Tax Policy Discourse?
Politics is a dirty sport and while name-calling is certainly standard operating procedure, it seems extra petty when we're discussing about tax policy:Mitt Romney on Tuesday defended his tax plan...
View ArticleFormer Deloitte Partner Thomas Flanagan Pleads Guilty to Insider Trading
You know, if ol' Tom ends up doing some hard time, I know of someone who might be able to recommend a rigorous exercise regimen that will keep him busy while he's inside:Federal prosecutors recommended...
View ArticleFootnotes: Stay Classy, KPMG San Diego | 08.08.12
Indigestion for ‘les Riches’ in a Plan for Higher Taxes [NYT]IRS Workers Discouraged From Finding Fraud, Report Says [WSJ]Misunderstanding Tax Reform: The Case of The Olympic Tax Elimination Act...
View ArticleAccounting News Roundup: Tax Reform That Doesn't Add Up; The Legend of Romney...
Spellbinding Tax Reform That Doesn’t Even Work on Paper [Bloomberg]As polarized as Washington is over tax and budget issues, a base-broadening, rate-lowering tax-code overhaul has become the one policy...
View ArticleIt Is Never Unreasonable to Quit a "Good Job" If You Hate Your Life
Are you missing out on life, liberty, and the pursuit of happiness? Email us your questions and we'll figure where you're screwing up the Founding Fathers' vision.I'm a second year senior (PwC tax,...
View ArticleIt's Time To Retire the Useless Jargon
A reader sick of the clichés suggests we open the floor to discuss some overused phrases that should be retired immediately. Let's think outside of the box here, circle back and think big picture.The...
View ArticleFootnotes: Accounting Firms Get a Fun New Assignment | 08.09.12
Mitt Romney’s wrong: You can balance the budget through taxes. But you may not want to. [Wonkblog/WaPo]Zynga Is Said To Grant Stock Awards To Staff After Earnings Miss Stock options were given to all...
View ArticleAccounting News Roundup: The Burden of the Fiscal Cliff; IFRS 2017!; Man Utd...
U.S. Not Seeking Goldman Charges [WSJ]After a yearlong investigation, the Justice Department said Thursday that it won't bring charges against Goldman Sachs Group Inc. or any of its employees for...
View ArticleSome People Would LIke Deloitte to Quit Doggin' It
We've seen shoddy auditing, insider trading, HSBC, attitudes full of platitudes, old dogs, and now Standard Chartered Bank. Oh sure, they might be hunting for free money in Connecticut and sporting a...
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The Greatest Out of Context Tweet To Come Out of Big 4 Ever
For anyone familiar with EY's impressive social media efforts (including embarrassing interns by posting photos of them posing with gorillas and pimps at IILC on Facebook), the name Dan Black goes...
View ArticleHow to Manage Up and Keep Your Bosses Happy (Well, Most of Them)
Don't wanna work? Just wanna to bang on a drum all day? Okay, but the noise may result in you being escorted out by security. Best to ask us about something that's been bugging you. Shoot us an email...
View ArticleScrappy Accounting Outfit Finally Displaces Stalwart Rival As St. Louis'...
This is the story of the little public accounting firm that could:Clayton-based RubinBrown, a long-standing fixture atop [...] the area’s largest accounting firms ranked by number of local CPAs, fell...
View ArticleFootnotes: Dodgy Banks, Online Retailers with Sketchy Accounting, a Notable...
What Goldman Sachs Did and the Justice Department Didn't [Bloomberg]Emails Describe Overstock.com Waging War -- On Behalf of its Enemies [Gary Weiss]You Misplace 5 Or 6 Billion Dollars And All Of A...
View ArticleAccounting News Roundup: Hi, Paul Ryan; Speculating on Romney's Missing...
Ryan Farther-Reaching Than Romney on Taxes Without Detail [BBW]Representative Paul Ryan, Mitt Romney’s choice for vice president, has offered a more far- reaching reshaping of the U.S. tax system than...
View ArticleWhy Is the CPA Exam Testing IFRS If Even the AICPA Says We Won't Use It For...
Speaking at the AICPA EDGE Conference in Orlando last week, the AICPA's Greg Anton said while the AICPA supports giving US companies the option to use IFRS to prepare their financial statements and...
View ArticleThe Stuff Your College Professor "Forgot" To Tell You About Getting a Job
While you're busy blowing off Intermediate Accounting to sleep off last night's bender, your college professors are busy telling your fellow students all about how to prepare financial statements, test...
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Bonus Watch '13 and Beyond: Ernst & Young Rolls Out Performance Based Bonus...
As the Black and Yellow comp conversations continue this week, we have some news to share with regards to the firm's bonus structure. Here's a tip that came in late on Friday: Advisory across all of...
View ArticleFootnotes: Paul Ryan's Tax Returns, Paul Ryan's Budget Plan, Paul Ryan's...
Groupon’s Accounting Still Evolving [WSJ]Ryan Plans to Release Two Years of Tax Returns [AT]The Ryan Budget Plan May Be the New Centerpiece of Campaign 2012 [TaxVox]The Paul Ryan Record on Tax and...
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