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Accounting News Roundup: IBM Defends Cloud Accounting; FRC Drops Probe of...
IBM Defends Cloud-Computing Accounting Amid SEC Probe [Bloomberg]International Business Machines Corp. (IBM), facing a U.S. Securities and Exchange Commission investigation into how it reports revenue...
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Arthur Andersen Alumni's Efforts at Social Media Are Making Us Sad
It was recently brought to our attention that Arthur Andersen would have been 100 years old this year. Since 2013 would have been a landmark for the firm, it's understandable that people want to...
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Hey Look, BDO Had Another Decent Year
If Bravo Delta Oscar's announcement of its 2013 fiscal year revenues are any indication, we're going to see big revenue numbers from accounting firms this year:BDO USA, LLP, one of the nation's leading...
View ArticleAICPA Will Pass "Old" GAAS on the CPA Exam in 2014
Well look at that, you guys got all worked up over the Clarity Project and now you have this to worry about.From the AICPA:Beginning in 14Q1, the extant standards (AUs) will no longer be tested on the...
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Footnotes: Your IRS Commish Nominee Is John Koskinen; Tax Reform's Road to...
Arkadium, a New York-based game development studio, is looking for a Controller & Director of Finance. Their office is near Shake Shack, so you best get on it. [GCJ]President Obama Announces his...
View ArticleAccounting News Roundup: Reid Warns Baucus on Tax Reform; More Deloitte...
U.S. Added 162,000 Jobs in July; Jobless Rate Falls to 7.4% [NYT]The job gains reported by the Labor Department on Friday, were concentrated in retail, food services, financial activities and wholesale...
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Oh, GO ON in Your Open Items Thread
It's the first Friday in August which means we're heading straight into the HOTTEST MOST BORING MONTH OF THE YEAR. We can't do anything about the heat, but be sure to drop us a line if anything...
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HSBC Dumping KPMG for PwC as Auditor
Alright, alright, alright. We knew this was possible. Let's try to keep things civil.HSBC Holdings Plc (HSBA), Europe’s largest bank, appointed PricewaterhouseCoopers LLP as auditor, dropping KPMG LLP...
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Here Are a Couple of Theories That Could Explain McGladrey's Great Lakes...
On Wednesday we reported that McGladrey's Great Lakes leader David Shane was leaving the firm. It seemed a little unexpected given the fact that the announcement was on Monday and Shane would gone on...
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Footnotes: Whistleblowing Is Hard to Do; Chinese Company Gets in Its Own Way;...
Crowe Horwath is looking for a Fed Tax Senior Manager in Indy, IN. [GCJ]AICPA Launches Online Community for Young CPAs [AICPA]The Whistle-Blower’s QuandaryIs reporting misdeeds an act of heroism or...
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ANR: Survey Shows Gender Gap in Accounting Salaries; Deloitte Israel CEO...
The Gender Gap in Accounting Salaries [AT]The gap in 2012 was 78% (i.e. women earn 78 cents for every dollar earned by men), according to an IMA survey.CEO of Deloitte in Israel killed in Eilat...
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The First Batch of CPA Exam Scores for the July/August Testing Window Have...
We always hear from a few people whose scores get released early, but we don't mind waiting for NASBA to make the official Twitter announcement, as they did right on cue this morning:#AICPA released...
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Here's How the Top Eight Audit Firms Ranked in PCAOB Inspection Error Rate
This got by us for some reason, but Compliance Week noted Crowe Horwath's atrocious error rate in its 2011 PCAOB inspection reports was by far the worst among the eight largest audit firms.Here's the...
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The AICPA Has Created A Place For Young CPAs To Share Their Woes (and Dreams)
Yes, it's true. Start Here Go Places is the recruiting tool for the under 18 set and This Way to CPA will help you on your way to licensure but now there's a new AICPA community that is supposed to...
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Footnotes: More on UK's Re-Tendering; Office Picnic Survival; A 'KISS'...
Auditor Re-Tender Every Five Years? Concentration in the UK Gets a Fresh Squeeze [Re:Balance]AICPA asks Congress to block change in DOL fiduciary rule for ESOP appraisers [JofA]Speakeasy, a WSJ blog,...
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Accounting News Roundup: The Untouchable MID; KPMG's London Migration Almost...
The Sacrosanct Mortgage Interest Deduction [Economix/NYT]While the rising percentage of Americans owning a home has paralleled the broadening of the income tax, there is surprisingly little hard...
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Hiring Watch: PwC Boston
What's this? A report about an accounting firm moving into a larger office space and hiring more professionals and NOT some insufferable trend piece about people studying for an exam at the beach?...
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Tanning Tax Is Racist, Says Guy Somehow Elected to Congress
Ted Yoho is calling attention to the injustices in this country on behalf of Florida's 3rd Congressional District:Rep. Ted Yoho (R-Fla.) said the 10 percent tax on the use of indoor tanning facilities...
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Ernst & Young's PCAOB Inspection Report Results Managed to Get Much Worse
Just yesterday we ran down the 2011 performance of the eight largest public accounting firms in this fair land. And just as soon as people were starting to get their knickers in a twist, the PCAOB...
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Footnotes: Some Scandalous Detroit Accountant; More Fun With EY Interns;...
Just because Jeff Bezos now owns the Washington Post doesn't mean WonkBlog won't immediately put Amazon's lobbying activities on blast. Oh DC, you're so cute. [WonkBlog]Former FBI Director Freeh Seeks...
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