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Accounting News Roundup: Depreciation and Tax Policy; India Going After Audit...
Depreciation’s Place in Tax Policy [Economix/NYT]Bruce Bartlett has everything you need to know about the history of depreciation and how it became the eighth-largest tax expenditure in the IRC....
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The Third Batch of CPA Exam Scores Has Been Released for the July/August...
After the GREAT SCORE DELAY last month, you just knew the AICPA and NASBA were going to make sure this release went off without a hitch. #AICPA released the following scores to #NASBA for the...
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AICPA's Young CPA Network Dreaming of Unattainable Clients
The World's Highest-Paid Models Of 2013 via @Forbeshttp://t.co/340povaXsY— Young CPA Network (@YoungCPANetwork) September 10, 2013
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Let's Walk Down Memory Lane with Ernst & Young and Lehman Brothers
This week, lots of people are talking about the Lehman Brothers bankruptcy because five years is half of a decade and, well, it was the biggest bankruptcy in U.S. history so that counts for...
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Footnotes: CPA Likely More Qualified Than a Ghost; Illinois CPA Is "Charged"...
Auditors have warned of Philly School District accounting problems since 1987 [Philly.com]U.S. wants to seize assets tied to Russian tax refund scheme [Reuters]Bisk has bailed out of the CPA review...
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Accounting News Roundup: SEC Behind on XBRL; Ackman Warns PwC About...
U.S. House panel probes obsolete technology at SEC [Reuters]House Oversight Committee Chairman Darrell Issa sent a letter on Tuesday to Securities and Exchange Commission Chair Mary Jo White asking for...
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Where in the World Is John Veihmeyer?
By way of the always interesting tip box, we've been alerted to the KPMG CEO's alleged whereabouts. Since we have a classic case of "pics or it didn't happen" we'll refrain from reporting his precise...
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New Mom, CPAs Shouldn't Have to Squeeze CPE in Between Diaper Changes
The California Board of Accountancy recently implemented several changes aimed at supporting military personnel and their families. One of the greatest improvements allows California CPAs who are...
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Ex-Deloitte Partner Learns That Procrastination Has Its Consequences
All humans procrastinate from time to time. Whether it's putting off washing the car or feeding the kids, we simply can't get to everything. I mean, who can?As indentured servants to the capital...
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A Few Curious Folks Wonder Out Loud if Government Accounting is Constitutional
I remember my very first installment of government accounting as it is taught in FAR like it was yesterday. Cranky from a 5am wakeup and not necessarily looking forward to spending an entire day stuck...
View ArticleFootnotes: 'Boss, Meet the Parents'; Ways and Means Not Done with IRS; The...
Mini Circuits is looking for a Cost Accounting Manager in New York City. [GCJ]SEC’s Enforcement Unit Changes Tack [CFOJ]Supply and demand for accounting talent at record levels [JofA]Should You Bring...
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Accounting News Roundup: Always Avoiding Estate Taxes...Always; Norquist: Pot...
Brussels probes multinationals’ tax deals [FT]Brussels is probing Ireland, Luxembourg and the Netherlands over their tax deals with multinationals paving the way potentially for a formal investigation...
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Getting a PhD in Accounting Isn't Really About Teaching
This is the second post from Dr. Emelee, a former Big 4 employee who is in process of obtaining his PhD. Read his first post here. Now for the second statement, “The PhD is not really about teaching.”...
View ArticleStudy: Once You Get Past the Accounting Fraud, Chinese Reverse Merger...
A paper presented in August at the annual meeting of the American Accounting Association in Anaheim, Calif., found that “the current Sino-phobic reaction to Chinese reverse mergers may be overblown.”...
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Let's Talk About Those Pesky Millennial Helicopter Parents
Yesterday, we shared a horrifying article that appeared in the Wall Street Journal focusing on the ever-terrifying level of involvement parents have in the youngest working generation's professional...
View ArticleFootnotes: 'This Tweet does not constitute an offer of any securities for...
Siegfried Group is looking for Client Service Directors in Washington, DC, Chicago, and San Francisco. [GCJ]We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not...
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Accounting News Roundup: New York Hits PwC Subpoena; Twitter and the JOBS...
2 Consultants to Banking Industry Come Under Scrutiny [DealBook]New York State has subpoenaed two consulting firms as part of a broader investigation into the industry’s perceived coziness with Wall...
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Don't Waste This Open Items Thread
This is your chance to discuss whatever you would like so don't blow it. We call it Open Items.Ask questions, give advice, point out that story we missed from this week. If you're a tax person, you can...
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Here's Your Open Thread for KPMG Compensation Discussions (2013)
It has been a year of ups and downs in the venerable House of Klynveld.When we close the book on 2013, there will be memories of a drunk Irish girl, a fed-up auditor taking his life back, Omaha Steaks,...
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Early Odds Point to EY as Twitter's Auditor
We're sure some of you know who the firm is already, but there's nothing out there yet so we'll refrain from calling it official. But! Audit Analytics has some stats on the 248 IPOs since April 2012...
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