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The Stuff Your College Professor "Forgot" To Tell You About Getting a Job
While you're busy blowing off Intermediate Accounting to sleep off last night's bender, your college professors are busy telling your fellow students all about how to prepare financial statements, test...
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Bonus Watch '13 and Beyond: Ernst & Young Rolls Out Performance Based Bonus...
As the Black and Yellow comp conversations continue this week, we have some news to share with regards to the firm's bonus structure. Here's a tip that came in late on Friday: Advisory across all of...
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Footnotes: Paul Ryan's Tax Returns, Paul Ryan's Budget Plan, Paul Ryan's...
Groupon’s Accounting Still Evolving [WSJ]Ryan Plans to Release Two Years of Tax Returns [AT]The Ryan Budget Plan May Be the New Centerpiece of Campaign 2012 [TaxVox]The Paul Ryan Record on Tax and...
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Accounting News Roundup: Deloitte CEO Reacts to StanChart; Ryan's Stance for...
Deloitte CEO defends firm's Standard Chartered work [Reuters]Deloitte LLP Chief Executive Joe Echevarria on Monday fought back against allegations that his firm helped Standard Chartered hide...
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Overly Emotional PwC Partner Reminds Everyone In the Most Emotional Way...
The following email came out of PwC this morning and before we get to the part where we all stand here with our jaws on the floor wondering what we just read, let's all take a moment and remind...
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Ernst & Young FSO Will No Longer *Officially* Be Asking Employees to Clock...
It's been quite the past few days inside Chez Turley with people jumping up and down about their compensation numbers and the firm rolling out a new bonus structure. If that wasn't enough excitement...
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The Wall Street Journal, For One, Has No Problem Making Mitt Romney's Tax...
Late yesterday (or for you nostalgic types, in today's print edition), the Wall Street Journal published an editorial that goes after the Brookings Institution and Tax Policy Center for their analysis...
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Footnotes: Janna Ryan, Standard Chartered Settles, The Groupon Backlash |...
Paul Ryan’s Wife Is A Housewife Now, But She Used To Be A Lawyer And A Lobbyist At PwC, no less. [ATL]New York’s A.G. Probes Nonprofits’ Political Spending [Bloomberg]Grant Thornton creates scholarship...
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Accounting News Roundup: Will the U.S. Ever Come Around on Taxes?; More on...
America’s Aversion to Taxes [NYT]It may not be impossible for the American political system to accept the case for a bigger government, with higher taxes and better public services. Ronald Reagan,...
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Here's 10 Embarrassing and Irrelevant Examples of Accounting Firm Advertising
The "Call our boy Ed Nusbaum" rose ad is up there as one of the most cringe-worthy pieces of advertising ever, not just out of accounting. We get it, GT, you're trying to make accounting all sexy and...
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Study: Billing by the Hour Makes You Suck
A recent study from City University London determined that "the 'tyranny of billable hours' in professional service firms leads to over-charging clients, overworking junior employees, and avoiding...
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Jim Turley Has All Kinds of Reasons for Supporting LGBT Inclusion
Apologies to Chuck Norris, but Jimbo didn't mention anything about pressure from the White House when he discussed his decision to oppose the Boy Scouts of America's policy of excluding gay members and...
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Here Are Two Accounting-themed Videos Parodying "Call Me Maybe" That You...
We've received a number of emails in the past 24 hours pointing to a recruiting video out of PwC Singapore that parodies an awful (yet, awfully catchy) song. I'm only sharing it with you because it...
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Footnotes: Groupon's Accounting Dance; Romney's Non-response Responses; PCAOB...
Sen. Levin: New York regulator showed 'backbone' in bank settlement [The Hill] Groupon's accounting shuffle: why it matters [ZDNet] Mitt Romney: Rich taxpayers will pay their share Q: Specifically what...
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ANR: BDO Making Moves in UK; Charges Unlikely Against MF Global Execs; Your...
BDO in talks to take over accountancy rival PKF [Telegraph]BDO, Britain’s sixth biggest audit firm, is understood to have agreed a deal in principle with its smaller rival PKF, which last year had...
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Who's Going to Make Honest Capital Market Servants Out of These PwC Interns?
Last week we mentioned that many interns were doing happy dances after learning that none of their summer behavior warranted a one-way ticket back to whereverthehellyoucamefrom. Based on the comments,...
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"Same As Last Year" and Inept Senior Auditors Are Failures of the Audit Industry
The following was written by a second year staff auditor who wishes to remain nameless. Clearly pounded out in the heat of frustration and perhaps a tad profanity-laden, it exposes a very serious...
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Here's a Look Inside Deloitte's New Office Location at 30 Rock
Long ago, we broke the news that Deloitte would be consolidating its New York City offices into one location at 30 Rockefeller Plaza. This is exciting moment for all the NYC employees who will spend...
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Mitt Romney Dug Out Some Old Tax Returns and Crunched Some Numbers
Are you happy, rubes?Mitt Romney said on Thursday that he had not paid less than 13 percent of his income in taxes during the past decade, but he called the continued focus on his personal tax returns...
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Footnotes: Sony Got a Lousy Audit; A Dewey Salary Data Dump; Ponzi Scheme Du...
Sony Corp. and the Mystery of the Lousy Audit [Bloomberg]Dewey Have Data on How Much Partners Got Paid? Yes — Thanks to the Partner Contribution Plan [ATL]Walter White wanted for manufacturing meth [TN...
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