Ex-Madoff Accountant Got an Early Start on 'Clearing His Good Name'
When you're known as "the guy Bernie told us could help with our tax returns," it means getting the ball rolling before the crack of dawn: At 6 a.m. on Thursday, agents of the Federal Bureau of...
View ArticleSome CPA Candidates Aren't Won Over By New Hampshire's New 150 Hour Rule
This is the first we're looking at the matter but apparently some New Hampshire candidates are not very excited about their state going 150:NewHampshire upgraded their education requirements (to be...
View ArticleFootnotes: Duke and Deloitte; Crtl+Alt+Del; 'An exceptional enforcement...
UHY Advisors is looking for auditors in Houston, Texas. [GCJ]Duke and Deloitte, together. If this doesn't make you naseous then see yourself out.Welcome back, @lifeatdeloitte! Together we're helping...
View ArticleAccounting News Roundup: Madoff Accountant's Five-Year-Old Wanted to Invest;...
Bernie Madoff accountant says 5-year-old son was youngest investor [NYDN] David Friehling, who worked as Madoff's personal accountant, says his son Josh was just 5 when he asked to invest a birthday...
View ArticleMadoff Accountant's 5-Year-Old Kid Was Not a Very Good Investor, Therefore He...
Bernie Madoff's "outside auditor" (popularly known as his "accountant") David Friehling already pleaded guilty to fraud in 2009, at which time he told judge U.S. District Judge Alvin Hellerstein "I am...
View ArticleThis Rabbi's Good Deed Should Be a Question on the Ethics Exam
This situation easily reads like the kind of question you might see on the ethics exam if, you know, the ethics exam were actually about ethics and not the importance of CYA:1. You have just purchased...
View ArticleSome Guy Says CPAs Better Adapt or Die, And He's Right
An interesting piece from Accounting Today tells us that basically this guy says CPAs have to adapt or die:Accountants face irrelevance if they don't keep up with the continuing changes in technology,...
View ArticleChegg's Market Debut Is Not Nearly As Well-Received As Chegg's Actual Business
So textbook rental company Chegg went public today. And here's sort of what happened... Chegg priced their IPO at $12.50 a share, which exceeded expectations.Here's what you really need to know...
View ArticleFootnotes: Accounting Firms By the Numbers; Lean In; Apple and Taxes (Again)...
Accounting firms by the numbers NO really, accounting by the numbers. Who of the firms are making the money? Check this chart and find out [Commercial Observer]10 Things Sheryl Sandberg Gets Exactly...
View ArticleANR: Does Anyone Want an Auditor's *Real* Opinion?; Competitive Poaching for...
The “Chilling Effect”: No One Important Wants The Auditor’s Opinion [Re:The Auditors]This is a great read from Francine McKenna. The new auditor's report proposals are still being kicked around by the...
View Article'Keep Calm and CMA On' T-shirts Exist
Safe travels to all of our attendees today! #IMASLC13#Charlottepic.twitter.com/RjKkAkEARF— IMA (@IMA_News) November 14, 2013
View ArticleThe Fire Is Really the Most Engaging Part of McGladrey's Fireside Chat
You can sort of tell this is not going to end well as soon as the camera pans out and you spot Bloomberg Senior Economist Joe Brusuelas' white socks. It all goes downhill from there.In this chaming...
View ArticleHousekeeping: Ch-ch-changes, Material Ones At That!
Greetings, capital market servants. How's your Thursday? Good? Great.It may have come to your attention, on Twitter or elsewhere, that our resident tattooed wench has been elevated to the position of...
View ArticleEY Is Pounding the Pavement for Auditors
Are you in the UK? Are you looking for a career opportunity with a global company? Are you walking on a sidewalk? Great, have we got the campaign for you!If you really think about it, who better to...
View ArticlePerhaps Comparing the CPA Exam to Actual War Isn't The Best Idea
Meanwhile, in deluded CPA exam candidate land:OK, let's put this into perspective since perspective is something you clearly need as evidenced by this tweet.World War II: lasted from 1939 - 1945Your...
View ArticleFootnotes: Tax Wizardry Goes Straight Up Witchy; What's Up Tile Shop?; Free...
If you're a corp looking to CYA after a big gain, just merge with yourself and take a loss. [DealBook]Penn State is trying to give the accounting program at its Smeal College of Business a bit more...
View ArticleAccounting News Roundup: A Self-merger for Tax Purposes; Check Stubs Left on...
Tax Wizardry Accomplished With an Offbeat Merger [DealBook]This past July LIN Media merged with itself. Uh huh. Here's Vic Fleischer: "From a business standpoint, the deal was nonsensical. LIN’s...
View ArticleOnly 61% of CGMAs Surveyed Think the Second Most Important Person in America...
You guys probably didn't watch Janet Yellen's confirmation hearing yesterday but I did because Janet has long been one of my least favorite Fed characters, since before she returned to Washington to...
View ArticleChoose Your Words Carefully in This Friday's Open Items Thread
It's time once again for circle of CPA chaos known as Open Items.Want to show off some accounting-related artistic skills? A tax haiku, perhaps? Are you seeking unfiltered career advice from some...
View ArticleOne of These Things Is Not Like the Other, And It's This Big 4 CEO's Head
Quick shot of Lefty and @KPMG_US CEO John Veihmeyer on the set of @GCMorningDrive. Tune in now! pic.twitter.com/XRVDuReR8x— KPMG Mickelson (@MickelsonHat) November 15, 2013Here is a far better shot of...
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