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December 5, 2022

Accounting News Roundup: All That Math You Don’t Use; An Angry Accountant; Snow Days | 02.17.15

Noble Rejects Report Questioning Accounting as Shares Drop [Bloomberg]
Noble Group Ltd.’s shares lost S$640 million ($472 million) in market value today after rejecting a report by Iceberg Research questioning the commodity company’s accounting practices. “The company completely rejects the allegations,” Noble said in a statement to Singapore Exchange Ltd. on Monday, after the bourse operator queried the share-price move. “All material information to which Iceberg Research refers is in the public domain. There has been no material adverse change since the company last reported.”

Numbers game: Accountants in demand [The News Star]
Oh no, not this again: Michelle McEacharn, director of the University of Louisiana at Monroe's School of Accounting, said high school students interested in an accounting career should focus on math, economics and technology classes. "But you don't have to be a math genius," she said. "Accountants only add, subtract, multiply and divide. Analytical skills are just as important."

Accountant Robert Erwin Charged With Aggravated Assault [Arkansas Business]
Robert F. Erwin, who practiced accounting in Little Rock with his late father, Harry Erwin, is scheduled for arraignment Tuesday morning in Benton County Circuit Court on a charge of aggravated assault on a member of his household.

All are welcome! [Twitter]

Your Employer's Plans To Make You Healthier Don't Work—Because Your Job Is Killing You [Fast Company]
The evidence that wellness initiatives work is limited; in fact, there's more to say the $6 billion is being wasted. One problem is awareness. Gallup found only 24% of staff at companies with programs participate in them, largely because they don't know about them. "The wellness programs are not having nearly the impact they could be having," says Jim Harter, Gallup's chief scientist of workplace management and wellbeing. "I think they're well intended but it doesn't matter if they don't get used."

There will be no pestering NASBA today, folks [Twitter]

Lance Armstrong Ordered To Repay $10 Million Of Prior Winnings: What Are The Tax Consequences? [Forbes]
That's quite a bit of money…

South Carolina Inmates Get Solitary Confinement for Using Facebook [Gawker]

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