Bess and Greg are getting entrepreneurial over at DB and are probably going to need someone help them count the asston of cash they’re going to rake in as a result.
Those of you thinking about forming your own firm to pick up the ganja engagement probably have the best shot.
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Sir David Tweedie’s New Promise: To Retire in 2011
Every knight lays down his sword at some point and Tweeds is no exception. The IASB Chairman will hang up his 10-key when his current term ends in June 2011.
According to Emily Chasan at Reuters, DT thought about calling it quits last year after the pols torpedoed mark-to-market in the name of bank lobbyists. Sensing that the true Holy Grail was within reach, Tweedie stayed on:
[H]e has said he stayed because he wanted to continue the convergence process, which is beginning to reach its goal of having a single set of high quality accounting standards used around the globe. The U.S. Financial Accounting Standards Board and the IASB have redoubled efforts to complete their major convergence projects by a June 2011 deadline set by the G20 group of leading countries.
Now the International Accounting Standards Committee Foundation, which oversees the board, is on the search for the next bean counter in shining armor. Since Tweeds gave plenty of notice, it won’t likely be the shitshow search like Bank of America has on its hands (until very recently perhaps) but the IASCF is searching all the corners of the world for the replacement and they need to come up with somebody good.
If they put some empty suit in there, the likes of Silvio Berlusconi will be writing the revised contingent liabilities standard. Lord knows we don’t need that. We need someone that doesn’t mind telling pols to BTFO of accounting biznass. Pols like Eddy “If you had just involved us in the monitoring of the IASB we wouldn’t be in this mess” Wymeersch, who probably couldn’t tell the difference between his ass and the basic accounting equation. Feel me, IASCF?
Now since that’s clear, if you’ve got any suggestions or purely want to speculate on who you will be in the big chair next (Tim Flynn? Mary Schapiro? Phil Mickelson? that smug guy in the cube next to you that got a 98 on FARE?) drop them in the comments.
IASB’s Tweedie to retire when term ends in 2011 [Emily Chasan/Reuters]
Trustees seek nominations for Chairman of the IASB from 2011 [Press Release]
See also: Kroeker Stresses Importance of Investors in IFRS Decision; Search Is On For Next Chairman Of IASB When Tweedie Retires in 2011 [FEI Financial Reporting Blog]
Bonus Watch: Follow-up on Grant Thornton
According to a tip we received, less than “special” people at GT are receiving bonuses too:
Based upon my salary [the bonus is] about 2%….[I’m] assuming the criteria for a bonus wasn’t as stringent as Nusbaum made it out to be, or the pool was larger than we were led to believe. Based upon the call with Nus, I figured only 5.0 would get a bonus.
A pleasant surprise for some. This particular tip came out of the Southeast region. Apparently these conversations are occurring circa now so continue to keep us updated for your city or region.
Moss Adams Does Some Ribbon Cutting
Moss Adams dusted off the freakishly giant scissors yesterday, as the firm opened a Santa Clara office, according to the San Jose Business Journal.
This is positive news seeing how office closures (and rumors of others) seem to be more prevalent than offices opening.
Rick Anderson, the Seattle-based company’s chairman an ms has “long served clients in the area and it makes sense to have a physical presence in the local market. Moss Adams is a firm that is growing and expanding to meet client and market demand.”
We couldn’t tell you if Rick was actually on hand for the festivities, we’ve been unable to run anyone down and so far there isn’t a press release on the firm’s website. So if you’re in the know, get in touch or discuss in the comments.
Moss Adams opens Santa Clara office [SJBJ]
UPDATE: We’ve just heard back from a MA spokesperson who will be forwarding us the release. We’ll give you the additional particulars when we have them.
UPDATE 2: You can see the entire press release after the jump.
FOR IMMEDIATE RELEASE
Contact:
Amy Esary
360.685.2232
amy.esary@mossadams.com
Amy Esary
360.685.2232
amy.esary@mossadams.com
Moss Adams LLP is Expanding its Service in the Silicon Valley with the Opening of its Fifth Northern California Office
(Seattle, Washington – December 1, 2009) – Moss Adams LLP, the nation’s 11th largest accounting and consulting firm, is expanding its existing service in the Silicon Valley with the opening of its fifth northern California office in Santa Clara on December 1, 2009.
With expertise in an array of industries–including technology, life sciences, and manufacturing and distribution–Moss Adams’ teams serve companies ranging from venture-backed start-ups to fully mature public companies, delivering solutions to complex financial and business challenges. In addition to providing assurance and tax compliance services for domestic and international operations, the office will offer a full suite of consulting services, including tax, mergers and acquisitions due diligence, valuations, and internal control consulting.
Rick Anderson, Chairman and CEO, states “We have long served clients in the area and it makes sense to have a physical presence in the local market. Moss Adams is a firm that is growing and expanding to meet client and market demand.”
According to Derek Dowsett, one of the lead partners transferring to the new office and the regional leader of the Firm’s Technology and Life Sciences Practice, “I look forward to expanding our presence in the region as one of the team members based in the new office. Many of our current technology and life science clients are located in Silicon Valley and a local office will increase our availability to them and allow us to get more involved in the community.”
About Moss Adams LLP
Moss Adams LLP (www.mossadams.com) provides accounting, tax, and consulting services to public and private middle-market enterprises in many different industries. Founded in 1913 and headquartered in Seattle, Washington Moss Adams has 21 locations in Washington, Oregon, California, Arizona, and New Mexico.
Moss Adams is the 11th largest accounting and consulting firm in the United States, and the largest headquartered in the West. Its staff of over 1,800 includes more than 240 partners. Moss Adams is also a founding member of Praxity, a global alliance of accounting firms. This alliance is an association of independent firms in the major markets of North America, South America, Europe, and Asia.