Please ensure Javascript is enabled for purposes of website accessibility

Accounting News Roundup: Dead Tax Accountant Was Drunk; EY Coughs Up Docs; KPMG’s Buying Spree | 06.23.14

Stairs fall kills 'bright and capable' City accountant after boozy night out [Express]
The tragedy happened in Pimlico, London – yards from the apartment where M16 spy-in-a-bag Gareth Williams was found dead in 2010. Tests revealed Ms Brownlee, a senior tax manager at Deloitte, had 218mg of alcohol in 100ml of her blood, more than two-and-half times the legal drink-drive limit of 80mg.

Ernst & Young finally produces docs for ongoing trial in Hong Kong [International Adviser]
Last month however, when EY received the court order, SFC chief executive Ashley Alder said, contrary to EY’s belief, “this case is primarily about the obligations of an accounting firm in Hong Kong to comply with requirements under Hong Kong law. The case is not about People’s Republic of China law”. He added: “Auditors should not withhold information that is in their possession and sought by the SFC in connection with suspended misconduct in Hong Kong’s markets.”

Hillary Clinton: We pay our taxes [POLITICO]
Republicans slammed Hillary Clinton on Sunday for an interview with the British newspaper The Guardian in which she said she and her husband pay full income taxes unlike “a lot of people who are truly well off,” and added that voters “don’t see me as part of the problem.”

PwC does the difficult research so you don't have to [Twitter]


Deloitte could face prosecution over Comet redundancies [Guardian]
Something about Deloitte screwing things up after a business went under…

Conan O'Brien pays back taxes, avoids home auction []
O'Brien publicist Drew Shane issued a statement saying O'Brien had been unaware he owed back taxes. He blamed the problem on a clerical error that prevented the bill from reaching O'Brien’s accountant in Los Angeles.

Lance Armstrong Faces $120 Million Fraud Suit [BBW]
Sure to feed Armstrong’s Olympian capacity for self-justification is a recent ruling by a federal judge in Washington clearing the way for a $120 million whistle-blower lawsuit against him. The suit accuses the ex-champion of defrauding the government by using performance-enhancing drugs.

KPMG Expected to Announce Deal to Boost Health-Care Practice [WSJ]
KPMG LLP is buying Zanett Commercial Solutions, a Cincinnati-based technology-consulting firm that will help the Big Four accounting firm beef up the services it provides to health-care clients.

Colorado marijuana audits receive national recognition [Denver Post]
When was the last time one of your audits won an award?

Pastafarian Says Guns Got Confiscated Over License Photo [HuffPo]
He is actually an atheist.