Footnotes: Life at Deloitte Is ON A BOAT; Learn From Walter White;...
Moody, Famiglietti & Andronico needs an audit manager in Tewksbury, MA. [GCJ]Buffett Calls Fed History’s Greatest Hedge Fund [Bloomberg]Afternoon on the boat...
View ArticleAccounting News Roundup: EY's Hiring Outlook in UK; Judge Notes...
Big Four firm signals return to risk with expansion drive [The Times (Paywall)]EY is hiring 3,700 in the UK by next June.Corporate Tax Reserves on the Rise [AT]An annual study of SEC disclosures showed...
View ArticleIf You Can’t Admit You’ve Committed CPE Fraud, Then You Need to Take Another...
I just finished a one-hour CPE course in 9 minutes. That included the time it took to log in, select the course, scroll through 58 slides, ace three questions, and get an 80% on the five-question quiz...
View ArticleCollege Student Survey: America's Ideal Employers
The results of Universum's American Student Survey reveal how students perceive organizations as employers in the United States. The research functions as a basis for decision making when choosing...
View ArticlePublic Companies Filing Restatements Totally Aware That Many People Blow...
Audit Analytics has a great post today about Friday filing dumps, something that Footnoted has been calling attention to for years.Any time a company has to disclose bad news, the theory goes, they...
View ArticleWhich Accounting Firm Has an Office Experiencing Cooling and Plumbing Issues...
This sounds unfortunate. From the always fun tip box:[Well-known CPA firm] is working hard to maintain top-10 firm status. One unfortunate office on the East coast is enjoying a Monday with no air and...
View ArticleGOP Senator: Lois Lerner's Retirement Is Only the Beginning of Us Dragging...
Last week, Lois Lerner was "technically still employed," but Bloomberg's Richard Rubin reports that the former director of exempt organizations is out of there effective today.HOWEVAH! If you thought...
View ArticleFootnotes: Countdown to Shutdown!; Lease Accounting Shmease Accounting;...
TD Bank will pony up $52.6 million to settle claims related to one of their customer's unfortunate ponzi scheme. [Businessweek]Carl Icahn stands to make a ridiculous amount of money off Grand Theft...
View ArticleAccounting News Roundup: 'The auditors had a good crisis'; PwC Loses Two MLMs...
Deloitte’s global boss hunts for businesses to buy [AFR (paywall)]"You can’t grow fast enough to meet the needs of our clients in key markets without inorganic acquisitions," says Barry...
View ArticleMore PCAOB Comment Letters Need to Complain About the Issuer-pay Model
If you're like us, you've been anxiously awaiting comment letters on the PCAOB's auditor reporting model proposal. There's nothing better than self-righteous firms penning letters filled with...
View ArticleDeloitte Study: Accountants Don't Have Fire in Their Bellies
Our AWEB colleague Jason Bramwell has the earth shattering results of Deloitte's Unlocking the Passion of the Explorer:In fall 2012, the Deloitte Center for the Edge surveyed approximately 3,000...
View ArticleGreener Grass: Now Is the Time to Make a Mooove in Your Accounting Career
Now that's officially fall, you're probably thinking it's finally time that you got serious about finding a new job. Before long it'll be mid-November, and then you'll be in a food-induced hibernation...
View ArticleFootnotes: Spreadsheet Addicts; Accounting is Totes Hawt; Where's the...
Tim Ryan has an opinion on why accounting is still an attractive profession and you won't need to attend sexual harassment training afterward [Accounting Today]Patrick & Robinson CPAs - a firm out...
View ArticleAccounting News Roundup: PwC Spain Partners in Tax Trouble; HP Accounting...
61 PwC Partners Accused of Tax Crimes Over Bonuses in Spain [Bloomberg]Spain’s anti-corruption prosecutor accused 61 PricewaterhouseCoopers LLP partners of committing tax crimes, saying they failed to...
View ArticlePwC Acquired an Interactive Marketing Company Because Why the Hell Not?
This lede from the South Florida Business Journal says it all:The growing array of services provided by major accounting firms is being highlighted by PWC's acquisition of BGT Partners, one of South...
View ArticleBREAKING: Staff Leaving CPA Firms for More Money
According to the Rosenberg MAP Survey, which you can buy here if you feel like dropping $450, turnover at some CPA firms saw their turnover go up 50% in 2012.GAHHHHHH! Wait, it's NBD:Yes, turnover...
View ArticleCliftonLarsonAllen Settles with Dixon for $36 Million Over Crundwell Fraud
In addition to CLA coughing up their share, Fifth Third Bank will pay $3 million, and the city's auditor Sam Card will pay $1 million for a nice round sum of $40 million total, according to...
View ArticleFootnotes: Little GAAP; The Defense Sector is Defenseless Again Corruption;...
Little GAAP Could Drive Accounting Simplification [WSJ CFO Journal]The IRS got its butt kicked in court over regulating tax preparers, but the real interesting part of this piece is the comments...
View ArticleAccounting News Roundup: IRS Lost Some Pocket Change; Small Business Wants...
Lost: $67 Million. If Found, Please Return To IRS [Forbes]Tony Nitti: "That’s $67 million of taxpayer dollars that were spent on, well…nobody is quite sure what it was spent on, other than it appears...
View ArticlePwC Sets Record for Largest Simultaneous 'Suze Orman for Kids' Session
On Tuesday, a bunch of PwC partners and staff in Southern California, Arizona, and Nevada attempted to hold the attention of third, fourth, and fifth graders with the topic of personal money...
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