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November 28, 2022

Accounting News Roundup: Another Accountant Tied Up with Madoff; BKD’s Acquisition; Extended Deadlines for Colorado Flood Victims | 09.18.13

Accountant Is Probed in Madoff-Related Case [WSJ]
Federal law-enforcement officials are investigating whether accountant Paul Konigsberg played a role in the massive Bernard Madoff Ponzi scheme, people close to the probe said. Mr. Konigsberg, a partner at accounting firm Konigsberg Wolf & Co., had been accused in lawsuits by victims of funneling money to Mr. Madoff. Mr. Konigsberg denied the allegations in court papers, and the lawsuits were dismissed, with the consent of both sides, in 2011. He didn't respond to a request for comment. It is unclear what, if any, charges federal prosecutors might bring against Mr. Konigsberg. He hasn't been accused of wrongdoing.

Acquisition helps BKD establish presence in Pennsylvania, Mid-Atlantic [KCBJ]
The purchase of 
Malin Bergquist & Company closes in October.

Treasury Departments Run with Smaller Staffs [CFO]ed 
"In one unrelated finding, 52 percent of survey respondents said their treasury departments are still managing cash manually or using spreadsheets."

Tax deadlines extended to Dec. 2 for Colorado flood victims [DMWT]
Adams, Boulder, Larimer and Weld counties have been designated as major disaster areas.

New Study Suggests Honest Looking People Might Cheat More On Taxes [Forbes]
FYI.

Walker issues final report, asks CPAs to lead in fiscal responsibility [JofA]
Former U.S. Comptroller General David Walker expects big things from you.

North Charleston woman accused of stabbing roommate in dispute over rock music [PC]
A North Charleston woman is accused of wielding a knife in an assault on her roommate after he refused to stop listening to rock music by the Eagles on Monday night. Vernett Bader, 54, of Brossy Circle in North Charleston, is charged with criminal domestic violence of a high and aggravated nature. North Charleston police officers responded to Bader’s home late Monday night concerning a reported stabbing, an incident report states. The woman’s 64-year-old roommate was nursing stab wounds to his arm, hand and elbow, police said. The wounded man told police that Bader grew angry with him while he was listening to the Eagles and watching television with his brother.

 

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