Footnotes: PwC to Face Colonial Bank Music; Seniors and Student Loans; Life...
PwC to face U.S. lawsuit over Colonial Bank collapse - court ruling [Reuters]Some preliminary thoughts on the Enhancing Audit Quality initiative and some Peer Review implications [Attestation...
View ArticleAccounting News Roundup: Alibaba *Could* Defraud Investors (If It Wanted To);...
Short-Seller Carson Block Says He’s Wary of Alibaba [DealBook]Block told accounting students and "aspiring investors" at Baruch that : “If Alibaba wanted to defraud investors, it absolutely could.”...
View ArticleScience Says Networking for Career Gain Makes Us Feel Dirty
Tiziana Casciaro at the University of Toronto, Francesca Gino at Harvard, and Maryam Kouchaki at Northwestern have done some interesting research for those of us who get the heeby jeebies from the...
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EY Sued By Man Claiming He Was Disabled Due to Pending Ulcer, High Blood...
Christopher Cotter is a 52-year-old Houston man who “suffers from peptic inflammatory disease and labile hypertension," according to a complaint filed against the Big 4 firm formerly known as Ernst...
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The Obvious Link Between Inadequate Staffing and Stress Explains Why You Hate...
Have you experienced workplace stress at any point in your career? In the last year? How about the last month? Or perhaps today?CGMA Magazine reports that stress at work is most often caused by a...
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The SEC Is Tired of Procrastinating Late Filers Taking Their Sweet Ass Time
The SEC announced action yesterday against 28 officers, directors, or major shareholders for violating federal securities laws requiring them to promptly report information about their holdings and...
View ArticleFootnotes: Breitbart Claims IRS Targeting; California's Pension System...
M&T Bank unit to pay $18.5 mln to settle SEC accounting violations [Reuters]Breitbart News says IRS targeted company for audit Poking the hornet's nest: "'The Obama administration's timing on this...
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Accounting News Roundup: Deloitte Toronto Going for Hardcore Hoteling;...
‘Hot desking’ trend grows: No offices or assigned seating at new Deloitte headquarters [FP]Packing 'em in (even the OMP) like sardines: "Even the top dog, the managing general partner in Toronto, has...
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How To Add Any Website to Your iPhone or Android Home Screen
You guys have been asking us for an app for a long time, and trust us, we've been asking The Powers That Be for the same thing. Unfortunately, our favorite in-house developer who performs miracles for...
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Excel Can Help You Choose Where to Get a Meaty Lunch
The Internet’s viral sensation of August 2014 was an off-menu Arby’s sandwich known as the “Meat Mountain." For the low, low price of $10 you can get a stack of eight meats and two cheeses. I think...
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Grover Norquist Probably Didn't Trip Balls at Burning Man But Plans to Return...
"There's no mayor, no city council... If you leave people alone, they'll figure it out. You don't need the king to tell everybody what to do," said the man known for his no-tax pledge. But the question...
View ArticleColumbia Law Professor on That Time He Was Audited by the IRS Just For Practice
Imagine going to your doctor and being told you need surgery for some unknown condition you had no idea you had. Maybe you're like most people who are terrified of the idea of getting cut open,...
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Crony Links: 2nd Tier vs. Regional; Accountants Get Religion; Making...
These links are non-denominational. Open Items Choosing Between 2nd Tier and Large Regional FirmAccountingWEB What Happens When Accountants Get ReligionAWEB Forums Qualities of a Great AccountantThe...
View ArticleFootnotes: An Uncharitable Accountant; Get Deloitte-d; A Do Nothing Doesn't...
Accountant gets 3 years in prison for stealing more than $250,000 from Urban League The non-profit was already "struggling" [Providence Journal]Cargill Sues Syngenta Over Corn Seed Trait Sent to China...
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Accounting News Roundup: Andersen Tax Explains the Name; RadioShack CFO Quits...
Andersen Tax CEO Explains Name Change [AT]They've, like, been planning to do this for a while now: “To put the subject matter into context, when Andersen imploded in 2002, we tried to do a U.S....
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How I Learned to Stop Hating Networking and Love Mary Schapiro
A few months ago, my boss sent me to a business conference to learn technical stuff but mostly to network. If someone had told me years ago how much networking and ass-kissing the accounting profession...
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We Can't Help But Wonder if This EY Conference Room Cactus Is Trying to Say...
It would be bad enough to spend your life as a cactus, but a conference room cactus? I'd rather be reincarnated as the E. coli on your lunchmeat.It seems this cactus, shared by @EYStaff earlier today,...
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Don't Cut CEO Pay For Bad Performance or the CEO Might Cheat
Slashing a CEO’s compensation after a company produces disappointing financial results may help improve earnings for a time, but it can also encourage earnings manipulation, according to a new...
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Teamsters Deploy a New Weapon in the War Against Grant Thornton
Back in July, we learned that Teamsters were upset with Grant Thornton's downtown NYC office for hiring a moving company that was not paying prevailing wages for that area. To get their point across,...
View ArticleFootnotes: The Punishment For Bad Auditing; No Side Work for Deloitte; Ding...
Ed. note: In case you don't religiously follow my every move on Twitter, I should tell you we're in Boston this week brainstorming on how to make Going Concern an even better virtual watercooler than...
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