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Accounting News Roundup: EY Meets Key and Peele; Inventory Problems; Don't...
Burger King to Buy Tim Hortons for $11.4 Billion [DealBook]BK is off to Canada with a little help from WB: "Burger King Worldwide agreed on Tuesday to buy the Canadian restaurant chain Tim Hortons for...
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Audit Partners Will Definitely Be Named, We Just Don't Know Where or How
This from ProPublica:In a letter dated August 15, Jeff Mahoney, the general counsel for the Council of Institutional Investors, a nonprofit that represents investment organizations with more than $3...
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SEC Names a New Chief Accountant, You'll Never Guess Where He Worked Before
Did you like that lame Upworthy headline? Did it get you to click on this? Sorry about that, you're about to be disappointed.The Securities and Exchange Commission today announced it has named James...
View ArticleUnfounded Crackpot Theory of the Day: Did Joe Echevarria Want to Stick It To...
We've clearly got an Above Top Secret member hanging around the tip box this afternoon:The real unanswered question regarding Echevarria at Deloitte - I can understand that he wanted to announce that...
View ArticleFootnotes: Leopard Pants at the Office; Accounting Barbie; Bad Insider...
Some advice on avoiding fashion faux pas [AICPA]SEC Charges Investor Relations Firm Executive With Insider Trading Ahead of News Announcements By Clients Fail: "An SEC investigation and ongoing...
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Accounting News Roundup: Burger King Has Its Non-inversion Reasons; Goal It...
Inversion Critics and Investors May Be Misjudging Burger King Deal [DealBook]Steven Davidoff Solomon piles up evidence that indicates this deal isn't about taxes: "Ontario has a tax rate — 11.5 percent...
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Grant Thornton's Downtown NYC Office Still Has a Rat Problem
If Grant Thornton had any competitors, those competitors would be thrilled to see what's ongoing at Grant Thornton's downtown Manhattan office at 60 Broad. We wrote about the Teamsters' giant rat down...
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Let's Use the Center for Audit Quality's New Auditor Judgment Tool to Decide...
The CAQ released a new Professional Judgment Resource today, "designed to provide auditors with an example of a decision-making process to facilitate important auditing and accounting judgments in a...
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Former SEC Chief Accountant Predictably Curmudgeony About the SEC's New Chief...
Financial Executives International (FEI) has a pretty good piece on the struggles newly-announced SEC Chief Accountant Jim Schnurr will face in his time at our favorite porn-loving securities...
View ArticleJudge Rules PwC Will Face MF Global Lawsuit Whether PwC Likes It Or Not
Last we checked in on the ongoing MF Global v PwC drama that is currently working its way through the U.S. District Court, Southern District New York, Judge Marrero took a long piss all over PwC's in...
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Free CPE: Developing Successful Associates and Managers
View the WebinarFollow this link to register or access the recording. After this seminar has passed, the recording will still be available. CPE CREDIT WILL BE AVAILABLE TO LIVE ATTENDEES ONLY. Event...
View ArticleCalifornia Board of Accountancy Moves to Stop Incarcerated CPA From Providing...
Well, this lady is definitely going to have to find some other way to barter for honey buns and baby oil, as she won't be providing important financial services to fellow inmates any time soon:The...
View ArticleFootnotes: Deloitte Gets Permission From Deloitte; Dirty Accounting; Where...
Deloitte can never be too careful [Twitter]@lifeatdeloitte we love this! @ reply with #IApprove if we can use it – you can read our terms at http://t.co/jgaCWo08If— Life at Deloitte (@lifeatdeloitte)...
View ArticleAccounting News Roundup: KPMG Scrutinized for Espirito Santo; Going Concern...
KPMG Faces Criticism for Espírito Santo Audit Work [WSJ]Given BDO's experience, maybe the HoK should've seen this coming: "In KPMG LLP's Lisbon office, few clients provided as much audit work as the...
View ArticleKPMG Vice Chair Thinks the Future of Audit Includes 100 Percent Testing
Let's pretend you're an alien who just landed on Earth and for some odd reason you decided accountants are the supreme beings of this planet, therefore you want to read all about them and clicked on...
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EY Hits 50% Failure Rate on PCAOB Inspection, Gets a Grade of LOL on AS5
Today, the PCAOB released its latest inspection report on the firm formerly known as Ernst & Young. Now, before we get into that, let's get into a little history because everyone loves history,...
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PwC Is Getting Into the Virtual Food Service Business
PwC learned me a new phrase today: digital spaghetti!dig•it•al spa•ghet•ti– the art of creating new words that describe something technical to educate your friends and co-workers; helpful when playing...
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Hasten Your Departure with Pre-Written Microsoft Word Resignation Letters
Are you ready to pull the plug on your current gig, but feel intimidated by that blinking cursor at the top left-hand corner of a Word document? Microsoft Word has you covered with an array of...
View ArticleFootnotes: Accounting for Intangibles; You Remind Me of Crazy Eddie; Deloitte...
Accounting for brands: Untouchable intangiblesAccountants seem content to live with such quantum weirdness. Brand values can “swing wildly”, says Alan Teixeira of the International Accounting Standards...
View ArticleAccounting News Roundup: The Golden Age of Tax Avoidance; People Issues in...
Businesses Are Winning Cat-and-Mouse Tax Game [DealBook]You tax folks are really pulling your weight! "Across corporate America, companies large and small are finding new ways to address one of the...
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