Gambling Addict Accountant Who Expensed Fake Uber Receipts Thought He Could...
A former Deloitte accountant in the U.K. pulled a Houdini and somehow escaped prison time after he tried to screw the firm out of £95,540 ($121,202) by expensing bogus ride-share receipts over a...
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Ex-EY Audit Partner’s Lousy Audit Judgment Landed Him a $25,000 Fine From the...
Earlier today, we talked about audit quality or the lack thereof in Australia, the U.S., and, for that matter, all over the world. Well, this latest enforcement order from the PCAOB doesn’t help make a...
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PwC In the U.K. Got a Big Fine For Doing a Crappy Job Auditing Redcentric
Oh look, a Big 4 firm other than KPMG got in trouble earlier today with the audit overseer across the pond. The Wall Street Journal reported: The Financial Reporting Council, Britain’s regulator for...
View ArticleAICPA Has Finally Snagged the .CPA Domain Out From Under Untrustworthy Car...
In a deal years in the making, the AICPA announced this week it has finally convinced ICANN to let them manage the coveted .cpa domain. Just in time, too, lest it get snapped up by the Canadian...
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$50 Million Fine SEC Is Reportedly Giving KPMG Over PCAOB Scandal Isn’t Big...
Dave Michaels of the Wall Street Journal broke some huge news late last night about a huge fine the SEC could levy against KPMG later this month because of several former partners’ involvement in one...
View ArticleGet Me the F*ck Out of Here: The Art of Saying Goodbye to Your Crappy Old Job
As we’ve progressed in this series about quitting your terrible public accounting job and moving on to bigger and better things, I’ve looked forward to this post more than any of the others. Why?...
View ArticleLayoff Watch ’19: Walmart Accountants and Finance Workers In Charlotte, NC
The Charlotte Business Journal reported last week on some doom-and-gloom news for Walmart accountants based in the Queen City: Retail giant Walmart Inc. will lay off hundreds in Charlotte starting...
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Accountants Behaving Badly: X Factor Winner’s Ex-Accountant Banned, Drunk...
Yes, there actually are accountants who behave badly who don’t work at KPMG U.S. or Deloitte U.K.: X Factor star’s accountant is banned from his profession [Essex Echo] Here’s an update to an article...
View ArticleHave You Been Approached By a Colleague to Participate In a Fraud?
Good morning, GCers. Some friends of ours at the University of Illinois at Urbana-Champaign and Queen’s University in Kingston, Ontario are conducting research on group fraud and other highly unethical...
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SEC Says $50 Million Fine For KPMG Is ‘Significant’ and ‘Appropriate’ For All...
The SEC made official today the news that Dave Michaels of the Wall Street Journal broke late last week, announcing that KPMG will pay $50 million to settle allegations that former partners “stole the...
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Auditor Swap: Papa John’s Dumps KPMG For Its Ex, Ernst & Young
Sometimes the grass isn’t always greener on the other side. Pizza chain Papa John’s must have realized this as it’s dropping KPMG as its independent auditor in favor of EY, which audited the company’s...
View ArticleCollege Students Would Rather Work at Walt Disney World Than at the Big 4
There was a time when the Big 4 used to dominate the top 10 companies in the business category of Universum’s list of the 100 most attractive employers for U.S. college students. But not so much...
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Top Big 4 CEO In Glassdoor’s CEO Rankings Is No Longer a Big 4 CEO
Glassdoor came out yesterday with its 2019 ranking of the top 100 CEOs in the U.S. based on anonymous employee reviews and feedback, and the results indicate that Cathy Engelbert must have been beloved...
View ArticleHere’s Your Open Thread For the Fourth and Final CPA Exam Score Release of Q2...
If it feels like we literally just had a score release thread the other day I assure you you’re not going crazy. I mean, you absolutely could be going crazy — especially if you’re studying for the CPA...
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Exposure Drafts: Client Appreciation Pool Parties: The Second Worst Idea In...
Exposure Drafts appears every other Wednesday. Send your accounting cartoon ideas to editor@goingconcern.com. You can follow Greg Kyte on Twitter. The post Exposure Drafts: Client Appreciation Pool...
View ArticleCompensation Watch ’19: MBA Starting Salaries In Accounting/Finance Aren’t...
After reading through the latest Business School Hiring Report from the Graduate Management Admission Council, there’s some good news and some bad news for newly minted MBA accounting grads. First, the...
View ArticleOpinions Are Like Assholes, Everyone Has One. The AICPA Wants Yours
Your opinion, that is, not your asshole. You weirdo. In its ongoing effort to ensure only the best and brightest make it through the rigors of testing to emerge victorious as America’s future-ready...
View ArticleGet Me the F*ck Out of Here: So You Put in Your Two Weeks, Now What?
Early on in this series, we covered the first steps to take before quitting your job in public accounting. You brushed up your dusty-ass resume, connected with those obnoxious recruiters on LinkedIn...
View ArticleWhy Growing Companies Desperately Need People With Your Accounting Background
With companies relying more on artificial intelligence and cloud-based technology, there’s been a trending doomsday buzz about the stability of the accounting profession heading into the next decade....
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Accountants Behaving Badly: Update on Ex-Wife Basher, Bank Fraud Guilty Plea,...
Let’s see who in the accounting profession got into trouble with the law over the past week or so. Asian accountant, 51, who smashed his ex-wife’s head against a car and called her a ‘bacon basher’...
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