Please ensure Javascript is enabled for purposes of website accessibility
September 22, 2023

Accounting News Roundup: Deloitte Loses a Case Up North; On the Hunt for K-1s; Merger Rumor Accuracy | 04.07.14

Livent creditors win key ruling, awarded $85-million [Globe and Mail]
Deloitte is on the hook: "Ontario Superior Court Justice Arthur Gans said he found evidence that Deloitte auditors were negligent and breached their 'duty of care' to investors. 'I am at a loss to understand how Deloitte could have signed a clean audit opinion for 1997,' Justice Gans wrote in his 118-page decision."

Where’s my K-1? [Tax Update]
The April deadline is a week from tomorrow and some of you might have clients who are asking this question on repeat.

IRS delays filing season for Washington mudslide victims [The Hill]
An extra six months.

Winery Accountant Pleads Not Guilty to Embezzling $300K from Employer [Napa Valley Patch]
Not the most complex scheme you'll hear about: "[
Xandria Roxanne Neal] allegedly purchased gift cards with a company credit card and used the money for personal purchases."

Grover can turn anything into an argument for tax cuts. 

How to tell if a merger rumor will come true [Quartz]
If you read about it in Bloomberg, apparently.

Farewell, My Friend [TaxProf]
Paul Caron is (nearly) beating diet soda one day at a time. Are there support groups for this?

George R.R. Martin Stops by SNL's Weekend Update Desk [Gawker]
Dragons!

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

Funny white cat-an athlete in a yellow sports headband, lying with yellow footballs, dumbbells and a yellow alarm clock standing nearby.

Monday Morning Accounting News Brief: PwC Is Turning Work Down?; TIL the President of Nigeria Worked at Deloitte | 9.11.23

Yay it’s Monday again! Praise Pacioli, there’s actually some stuff going on this morning. Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now: Stephanie Heredia’s promotion came a year too late and more than […]

Tuesday Morning Accounting News Brief: Getting Roofied at KPMG?; PwC: ‘Burnout Should Be a Concern’ | 9.5.23

Good morning and happy Tuesday. Hope everyone had a nice Labor Day, I had a productive weekend of being AFK at Meat Week (get your minds out of the gutter, it’s Fallout). Let’s get right into it. It is suspected someone spiked a colleague’s drink at a KPMG NZ get together, it isn’t the first […]