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Accounting News Roundup: Merger Madness; The Inequality Problem; Keurig Comes...
Janet Yellen Warns of Inequality Threat [NYT]Janet L. Yellen, the Federal Reserve chairwoman, said Friday that she was concerned about the growing inequality of wealth and income in the United States,...
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Free CPE: Overview of the AICPA’s Financial Reporting Framework for Small-...
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...
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EY Now Hazing New Hires With the Awful EY Anthem
Our tip box has been abuzz with the EY Anthem (yes, it's a thing) over the last few days. Shaking our heads in disbelief, we tried to ignore it but the tips just kept coming in.Well, now we know where...
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Fired PwC Employee Is Suing Comcast But Not to Get His Job Back
Conal O'Rourke will not go quietly into that dark night without a fight, folks, he just wants you to know that. In case Comcast wasn't aware of that fact, he has filed a lawsuit.Gawker has the...
View ArticleLet's Watch This Audit Senior Quit His Job in the Most Fabulous Way
When you've spent the last four years of your life wasting away in an audit room, it's freeing to know you're on your way out. You may write and subsequently delete several angry farewell emails, or,...
View ArticleFootnotes: Morgan Stanley Goes Shopping; Canceled Debt; Obama Gets Declined |...
Morgan Stanley, armed with cash from fixed income dump, goes shopping [Reuters]Collaborative workspaces are definitely a thing now [Boston.com]Big banks start charging clients for euro deposits...
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Accounting News Roundup: Grant Thornton CEO's Next Role; Bad Behavior at...
Grant Thornton LLP names Chipman senior vice chair [GT]SC will take the role in January when Mike McGuire succeeds him as CEO.Tesco accounting probe finds "inappropriate behaviour" by staff - reports...
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AICPA Seeks to Better Weed Out Losers, Misfits with Evolved CPA Exam
The people who matter in the profession are all in the same room this week of the fall meeting of Council, which is going down in Boston, MA this year. You'll be catching lots of little buzzwordy bits...
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AICPA to EEOC: Classifying Partners as Employees Might Cause Full Destruction...
I could summarize the press release we just got on this but I think it's better if I quote the AICPA directly:In a letter to the Equal Employment Opportunity Commission (EEOC), the AICPA asked...
View ArticleThe Stupid But Wealthy Athlete's Guide to Not Getting Ripped Off
Wealthy athletes are easy to scam. Really easy. Not all athletes know how to handle a fortune. Wealthy athletes are good at playing sports, not managing their millions. We financial types who know how...
View ArticleFootnotes: Blow the Whistle; Quality of Our People; Get More Done in Fewer...
Jury Awards Trinity Whistleblower $175 Million in Guardrail Suit Pays better than whistleblowing to the SEC even [WSJ]Oil falls below $86 as oversupply, global economy worries weigh As a CPA, you...
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Accounting News Roundup: Banks Have a Culture Problem; CPA to Pay for Failure...
Fed's Dudley Warns Banks Must Improve Culture or Be Broken Up [Bloomberg]Banks must change the way employees are compensated and take other steps to fix a corporate culture that encourages misdeeds or...
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The CGMA Blog is Excited About the CGMA Exam
Because of course they are.Excited? About an exam? Seriously?Yes, seriously. As studious and determined people with big dreams and ambitious life goals, we’re used to being tasked with reciting...
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Your "Consider the Environment" Email Signature is Actually Inconsiderate to...
We've all seen them, the stupid "please consider the environment" notices at the bottom of emails clearly written for the 5 people left on earth who actually print emails with some regularity. Well...
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Grant Thornton Warns Alumni the Sky is Falling
We wish we could tell you why Grant Thornton sent out this email to their alumni list today, unfortunately we don't have any clue. Not even crazy speculation barely rooted in reality.Even our tipster,...
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Footnotes: Tax Season Will be Complicated; Look Up; PwC Promotions | 10.21.14
Koskinen Warns Filing Season Could Be Most Complicated Yet [Tax Analysts]Taxpayer Barred From Communicating With CPA Still Hit With Late File Penalty Definitely an interesting read [Forbes]Why don't...
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Accounting News Roundup: The Family Office; KPMG Gets Bigger; No Banker Party...
Why More Accounting Firms Are Creating Family Offices [Forbes]In case you really wanted to know.GOP: Majority would ‘get to truth’ on IRS [The Hill]Republicans vow to put the clamps on the IRS if they...
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Let's End the Big 4 or Bust Myth Once and For All
It’s recruiting season on campuses all across America; that special time of year when accounting students get a taste of what it’s like to be a five-star middle linebacker -- minus the “hostesses,”...
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Treasury Department Tells House Committee to Bug Off Until After Election Day
Today, Ways and Means Committee Chairman Dave Camp (R-MI) wrote to Department of Treasury Secretary Jack Lew regarding the Administration’s refusal to produce a key witness for interview prior to the...
View ArticleWhite Guy Proudly Accepts Diversity Award for His Big 4 Firm
Last night, DiversityInc handed out awards to seven U.S. companies "that showcase best practices for workplace diversity" in New York City. Predictably, EY sent their white Americas Managing Partner...
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