Please ensure Javascript is enabled for purposes of website accessibility

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]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

cat on a desk

Friday Footnotes: RTO Isn’t Going So Great; KPMG Wins Something; What Auditors? | 5.19.23

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. See ya. ICYMI I Love Accounting. So I Had to Leave. [GC] Benjamin […]

cat with breakfast in bed

Monday Morning Accounting News Brief: Identical Twins Head to Deloitte; TWO PwC Leaks; VA Tackles 150 | 5.15.23

Good morning and happy Monday! Here’s some stuff happening. Virginia Society of CPAs is tackling the question “is 150 too many?” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a […]