ANR: SEC Accounting Fraud Task Force Is on the Non-GAAP Case; Battle Over...
SEC Task Force Probes Use of Non-GAAP Metrics [WSJ]Your made-up financial measures won't stand a chance! " 'We're looking at non-GAAP measures,' said David Woodcock, chairman of the SEC's new Financial...
View ArticleAccounting Career Conundrums: Would Be Wintern In Urgent Need of Advice, a...
This message came in with the subject line “Offers received – URGENT.” Never fear. The GC team is here to drop everything else we are doing so we can provide this budding accountant immediate support....
View ArticleThe PCAOB Is Grateful To The PCAOB For the PCAOB's Work
Jim Peterson has subjected himself to not one but two viewings of the PCAOB's December 4 meeting, so that alone makes him a hero because ain't nobody got time for that.But on his second viewing, the...
View Article10 Things Going Concern Readers Want For The Holidays
Forgive me for posting this too soon if in fact it is too soon but Christmas will be here before we know it so might as well get on this now.We're working on a Pinterest board of gifts for the...
View ArticleWhat Future Accounting Professors Need to Know About 'Publish or Perish'
This is the final post in the PhD series from Dr. Emelee, who is a Big 4 refugee in the process of obtaining his PhD. You can find his previous posts here. Happy trails, Doc!Once you finish the PhD and...
View ArticleFootnotes: Trust No Non-GAAP; A Big Fake; Who Pays the Most Taxes? | 12.11.13
These are the top ten most overused buzzwords on LinkedIn for 2013 [LinkedIn]Facebook will join the S&P 500. Shareholders like this. [BB]The sign language interpreter at Nelson Mandela's memorial...
View ArticleAccounting News Roundup: KPMG's Revenue; The Dumbest Bank of the Year; PCAOB...
Hugs all around!KPMG global revenues grew to US$23.42 billion in 2013, representing a 3.7 percent increase over the 2012 fiscal year http://t.co/uWJfurRFtN— KPMG (@KPMG) December 12, 2013 RBS Wins...
View ArticleCGMA Holders in Canada Accused of Pretending To Be "Real" Accountants By...
YOU GUYS. This actually happened. Note it happened earlier in the month and we missed it because we generally don't do a Google News search for CGMA and rely instead on the AICPA's constant...
View ArticleGoing Concern’s Adventures in Consulting Series: Part 1 – What are my...
Ed. note: there's another new kid in town and his name is Kai. We originally met him through a career issue of his own years ago and kept in touch all this time, so we thought he'd be a fun addition to...
View ArticleHow To Make a List and Check It Off Twice (In Excel)
Our brother from another mother over at AccountingWEB, David Ringstrom is a CPA and Excel wizard. It's not too late to join him for his December 19th webinar "High Impact Excel," which is worth 1 CPE...
View ArticleOne Deloitte Office Wants Staff To Have a Restful Holiday With Friends,...
We're feeling a strong sense of bitterness coming from the tip box today:I'm an audit senior at Deloitte & Touche and wanted to send along this lovely E-mail every Audit staff member [in my office]...
View ArticleAren't You GLAD For This McGLADrey Holiday Card?
Can't embed, sorry.The McGladrey card can be found here. You will be GLAD you wasted the 30 seconds of your life clicking it.
View ArticleKPMG Achieves Record Revenues In FY13, Still Behind the Other Three Big 4 Firms
Colin linked to KPMG's celebratory tweet in the roundup this morning but he failed to point out the best part. The celebration at KPMG was short-lived when they realized even if they made more money...
View ArticleFootnotes: KPMG Hands Over China Docs; The SEC Is Watching; Tie + Shirt (Pay...
Ed. note: tomorrow is my birthday and as such, I will be dropping off the face of the planet as is tradition. Despite any rumors you may have heard, I am NOT celebrating with Ben Bernanke, who just so...
View ArticleAccounting News Roundup: What If the Big 4 Aren't Too Few to Fail?; Deloitte...
What would happen if the Big Four became the Big Three? [Capital Ideas]Francine McKenna writes about a study from the University of Chicago's Joseph Gerakos and Chad Syverson that estimates the cost of...
View ArticleBest of Luck to You in This Friday the 13th Open Items Thread
It's my distinct pleasure to once again bring you the world's finest accounting scuttlebutt. We call it Open Items.If you're superstitious, you're probably not even out of bed so I hope this motivates...
View ArticleGrant Thornton Employees Break Out Dynamic Christmas Sweaters for Holiday Party
You'd all do well to follow this example for your respective office parties this season:Successful @GrantThorntonUS#atlanta holiday party last night. Tacky sweaters and all....
View ArticleCan’t Get a Home Loan but Still Paying Someone’s Mortgage? Beware the...
Here's the latest post from our new tax guy, Tony Nitti. See his first post on Robinson Cano kicking the New York Yankees to the curb and you can find him tweeting from @NittiGrittyTax. Tony wrote a...
View ArticleSenate Finance Committee Approves Guy for Thankless Job
NEWS: Finance Committee Approves Nominees for IRS Commissioner, Deputy Treasury Secretary, ITC http://t.co/j2UTWpHof2— Senate Finance Cmte (@SenateFinance) December 13, 2013
View ArticleFootnotes: RIP Abe Briloff; Working the Holiday Party; Pittsburgh Gets to...
Legendary accounting professor Abe Briloff has passed away. [Baruch via The Summa]UW accountant accused of stealing more than $100,000 [Wisconsin State Journal]Let's welcome BDO to the Steel City,...
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