September 24, 2022

Accounting News Roundup: Accountants Fighting Climate Change; A New Starter on PwC’s Oscar Team; London Mayor Settles with IRS | 01.22.15

Accountants can help fight climate change [Economia]
The Head of Sales for Siemens Financial Services believes in you! "Using core analytical and risk management skills, accountants can help organisations understand the strategic and practical implications of sustainable business practices and assist them in moving past organisational barriers. Senior management might not necessarily consider energy as a material cost to the business and hence fail to recognise the need to focus on this area. Accountants can effect a change of attitude here by demonstrating a compelling business case that fully captures the return on investment."

Try to keep this loop out of your head.

Martha L. Ruiz Named Co-Leader of PwC's Oscars® Balloting Team [PwC]
She's replacing Rick Rosas.

Goldman Sachs Investments Test the Volcker Rule [DealBook]
Points for creativity: "Yet while its competitors have been abandoning the business of making big bets with their own money, frequently citing the risks involved, Goldman has been quietly coming up with several new ways to put its own money to work in formats that appear to stay on the right side of Volcker."

Offer revoked because of attempted negotiation..? [Reddit]
Long story short, dude screwed a recruiter and ended up screwed himself.

S&P Lowered Standards on Ratings, SEC Says [WSJ]
Standard & Poor’s Ratings Services softened standards to win business and misled investors long after the end of the 2008 financial crisis, regulators said Wednesday as they announced a settlement over the firm’s bond-grading methods.

London mayor bends to IRS, settles U.S. tax dispute [CNN Money]
You see, he's technically an American citizen. And you know what that means: " Last year, Johnson told NPR that officials were "coming after him" for capital gains tax on the sale of his first London home. Asked whether he would pay the bill, he said: "No is the answer. I think it's absolutely outrageous. Why should I? … I haven't lived in the United States for, you know, well, since I was five years old."

Millions of Dollars Worth of Gold And Silver Lurk in Sewage [Smithsonian]
A city with a million people can have $13 million in precious metals, including $2.6 million in gold in silver, in its sewage.

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