Accounting News Roundup: The Can Is Kicked; The Tax Reform Holding Pattern;...
House averts government shutdown, backs Ryan budget [Reuters]The U.S. House of Representatives eliminated the threat of a government shutdown next week, approving on Thursday a stop-gap funding bill...
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Going Concern March Madness: Busy Season Survival -- Food & Beverage vs....
Busy season is like war. Okay maybe not, but it's hell anyway. There are no rules on how you survive it, but you MUST survive it. And if that means taking that last slice of pizza and hiding it in your...
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Here's Proof That People in the U.S. Are Afraid of IFRS
I could watch this all day. GIFSoup
View ArticleThe California Wage and Hour Lawsuit Against PwC Is Finally Going to Trial
It's been awhile since we've written anything on Campbell v. PricewaterhouseCoopers but this announcement from the plaintiffs' attorneys seemed worthy of sharing with you all:On March 1, 2013, the...
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Remember When You First Wanted to be a CPA?
This came through the twitters this week and apparently we weren't the only ones who liked it:Someone needs to warn this child. @going_concern#busyseason#CPAproblemstwitter.com/_JonEmerson/st…—...
View ArticleFootnotes: FRC Tells BDO, Grant Thornton to Step Up the Professional...
IRS Warns Tax Pros to Safeguard Taxpayer Data [AT]Internal Audit Shines Brighter with Boards [CFO]GT and BDO told to buck up professional scepticism Serious concerns have been raised about some of...
View ArticleAccounting News Roundup: Ethics and Tax Loopholes; The IRS Star Trek Video Is...
A Tax Lawyer’s Quandary [NYT via TaxProf]From the NYT Ethicist: "Q: I am a tax lawyer. Is advising wealthy companies of ways to reduce their tax bills through sophisticated legal structures ethically...
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Life After Public Accounting: Creepy Reality Show Sidekick
Apparently a post I wrote last week came off as though I was criticizing the former Deloitte grunt who found her real joy in porn. In fact, I was celebrating her awakening.She isn't the first industry...
View ArticleCPA Problems: Never-ending Revenue Modules, Waking Before Dawn, and Brat Taxes
With only three weeks until April 15th, some of you might like to be reminded that there are other people out there who are going through busy season pains just like you are. Unlike you, they have...
View ArticleNever Fear, The U.S. Senate Is Here! (To the Rescue Tax Preparer Regulations)
Earlier this year, a DC judge threw out the IRS' ability to regulate unlicensed preparers and then, in a bit of added insult, when another judge denied the agency's request to suspend the injunction....
View ArticleYou Can Now Major in Diversity at Deloitte University
Unfortunately, there's no indication that the culinary secrets will be shared any time soon:Representatives from Fortune 500 companies, government, non-profits and academia examined the evolution of...
View ArticleFootnotes: BYU Brackets; Schroders Going Back to PwC; Make Your Firm a...
Dell Founder Said to Weigh Switching to Blackstone Offer [DealBook]NACVA Merges CVA and AVA Valuation Credentials [AT]BYU did their brackets according to academic prolificity again. [BYU Accounting,...
View ArticleAccounting News Roundup: Deloitte and Roland Berger Rumors Return; Death of...
Deloitte in advanced talks to buy Roland Berger: paper [Reuters]Deloitte is in advanced talks to buy Germany's Roland Berger Strategy Consultants, Frankfurter Allgemeine Zeitung said in its Tuesday...
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If You're Failing the CPA Exam, You're Not Making the Most of Bathroom Breaks
Kaplan via @carduserAs stupid as this tip is, there is actually some science-y stuff at work here. Psychologists have long known that changing your preferred study location can improve retention.So get...
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Going Concern March Madness: Busy Season Survival -- Food & Beverage vs....
If you picked upsets in your NCAA Mens bracket and all the favorites in your GCMMBSSF&BvsT bracket, then you're in pretty good shape today. My hunch is that you went for the opposite strategy.While...
View ArticleHere Are Your 2012 Elijah Watt Sells Winners
*waits anxiously for Becker press release saying 42 of the 39 winners prepared for the exam using Becker products*The AICPA has announced 2012 Elijah Watt Sells Award winners or, as the haters call...
View ArticleThe Worst of Tax Season Commercials
I spent half my afternoon pulling up the worst tax commercials out there after we received this tip:is it me or are these h&r block commercials infuriating?No, no it is not just you. In fact, I...
View ArticleFootnotes: Lobbyists Make Taxes Harder; IRS Dissed For Star Trek Spoof |...
Eurostat sets out potential next steps for EU accounting standards [Public Finance International]Shatner slams IRS for 'Star Trek' spoof [POLITICO]Who Voted For Those Taxes on Gays and Seniors?...
View ArticleAccounting News Roundup: TurboTax's Fight Against Simple Filing; SCOTUS Tax...
How maker of TurboTax fought free, simple tax filing [ProPublica via TaxProf]Imagine filing your income taxes in five minutes — and for free. You'd open up a pre-filled return, see what the government...
View ArticleDear IRS, Please Make More Parody Videos
Everybody can shut the hell up because I love the IRS's Star Trek and Gilligan's Island videos. Don't get me wrong. I regularly benefit from the IRS being a convenient whipping-boy and joke-butt, and...
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