ANR: Expect Heated Words Over PCAOB Proposal; MIT vs. CPA; An Accounting...
PCAOB proposal to name engagement partner may generate debate [JofA]The JofA trolled us with the "may" in that headline. Here's the lead sentence: "A vigorous debate is expected as the PCAOB prepares...
View ArticleThese CFA Horror Stories Will Make You Feel Better About Not Having To Take...
Everyone enjoying your blackout month so far? Great.While most CPA exam candidates are probably recovering from a marathon race to the end of the last testing window of 2013, future CFAs everywhere are...
View ArticleGrover Norquist May Have Had the Most Awkward Thanksgiving Ever
Some things should not be discussed at the Thanksgiving table. But I guess if you're related to Grover Norquist, what are you going to talk about?Thanksgiving dinner: Nana, mom, aunts telling chldbirth...
View ArticleLet's Talk About the Denis Field Tax Shelter Verdict Before We Get Any More...
Alright, we have to admit we totally blew reporting this in a timely manner -- or rather, I did, because it happened while Colin was off doing whatever it is he does when he isn't working. And someone...
View ArticleRSVP: Free Excel CPE on December 19
Listen, it's December, it's not like you have anything better to do. Also: FREEVia AccountingWEB:Event Date: December 19, 2013In this exciting presentation Excel expert David H. Ringstrom, CPA shares...
View ArticleA Friendly Reminder to Slobbering Drunks: Be Less Slobbery and Drunk at Your...
Remind me again why I click on random Forbes articles when they show up in my extensive trawling of the Internet?How Not To Behave At The Office Party is one such story I would like to demand payment...
View ArticleFootnotes: The Biggest Bitcoin Heist Ever?; IRS Drones; Madoff "Henchman"...
Ex-Tyco CEO Dennis Kozlowski to be released on parole in January [Fox]We all know the money's in Washington, but it's never been visualized quite like this [WaPo]Morgan Stanley's Non-Scandalous...
View ArticleAccounting News Roundup: CEOs Doubt Their Deals; Fading Memories of Madoff;...
Study Finds CEOs Lack Faith in Their Deals [WSJ]Those M&A consultants talked them into it!: "A study in the latest issue of the Academy of Management Journal found that chief executives are 28%...
View ArticleLife at EY Just Got Exceptionally Less Boring In One Conference Room
Oh man, sounds like fun, where do I sign up?@EYstaff Meeting! What's on your agenda today? pic.twitter.com/ivH7mipkYx— Life at EY (@EYstaff) December 4, 2013Oh man, are those even real windows or is...
View ArticleIRS' Improved e-File System Is a Total Success Except For Two Jerks Who...
It's a project ten years in the making and in case you didn't get the memo, the Modernized e-File system officially replaced the Legacy e-File system this filing season. What does this mean? Hell if I...
View ArticleIf A Tree Falls at a PCAOB Public Meeting About Partner Naming and No One...
"The day after Thanksgiving is known in America as Black Friday – the opening of the pre-Christmas shopping season, when merchants launch midnight sales and dubious oddball discounts, and hordes of...
View ArticleDeloitte Associate Exercises Powers of Persuasion; Scores Firm-Subsidized...
Apparently, an audit assistant at Deloitte has figured out a way for the firm to reimburse at least part of the cost of a new Xbox One under the guise of using it for fitness purposes. Let's watch him...
View ArticleFootnotes: Your Password Sucks; Fifth Third To Pay More Than a 5 1/3 to the...
News to no one: student loan debt is up from last year, to a little over $29,000 on average [CNN Money]Also news to no one: the NSA knows what your cell phone did last summer [WaPo]Local Idiot Tries To...
View ArticleAccounting News Roundup: Beer Taxes on Repeal Day; CFOs' Confidence (or Lack...
Sorry for the abbreviated ANR, but I'm about to fly to Dallas and I need to warm up my arms. Have a great hump day.Celebrate Repeal Day by cutting beer taxes [The Hill]I'd be more enthusiastic if...
View ArticleAccording to the Results of This Survey We've Been Waiting For, CPA Execs Are...
Disappointingly, I snoozed through the alarm I set for 6:59 AM and therefore I completely missed the release of this information I have been waiting anxiously for since they told me to start waiting...
View ArticleSave the Date: AICPA Conference on Current SEC and PCAOB Developments
As Going Concern's official Washington correspondent (read: the one who lived in an awesome condo in the DC hood), it's up to me to head home next week to cover the AICPA Conference on Current SEC and...
View ArticleName This Founding Father of the Modern Accounting Profession #ThrowbackThursday
I normally wouldn't post a #ThrowbackThursday item here but since my esteemed colleague Colin seems to be convinced today is actually yesterday, might as well.Name this legend. No cheating, we've all...
View ArticleFormer CPA and Procrastinator Ordered By the State to Get Around to Removing...
Attention Maine peeps, be on the look out for this menace to the integrity of the profession. The state has been trying to get her to take her sign down but since she apparently hasn't had time to do...
View ArticleFootnotes: Charlie Gasparino's Bright Idea; The Perks of Being a Communist;...
Newly proposed IRS regulations fall far short [Congress Blog via The Hill]Nelson Mandela is dead, and it's for real this time [NYT]Just so "Jayne Kozvan" doesn't email me asking why we didn't cover...
View ArticleAccounting News Roundup: Accountant On the Run; Higher Travel Taxes; Don't...
UK Accounting Regulator FRC Drops Investigation into PwC's Work for Barclays [IBTimes]Britain's accounting regulator, the Financial Reporting Council, has dropped its investigation into PwC's...
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