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Accounting News Roundup: Managing Partners and Their Successors; COSO Transition; EY Interns Tackle Life’s Tough Questions | 09.04.14

Eleven Things Emerging Leaders Want You to Know — A Letter to Managing Partners and CEOs [MACPA]
Including: "Realize that billable hour is NOT the be-all, end-all metric of actual health of organization. What are other metrics of a healthy organization?"

COSO transition getting a close look from auditors [JofA]
Reminder: COSO '92 will be officially superseded on December 15, 2014.

Including: "At what point do mile-long bus trips become more expensive than mile-long car rides?" The answer is 13,507 trips.

Louisville accountant will stand trial in alleged fraud scheme [TDT]
Joyce Elaine Allen is the last defendant in the Benchmark Capital fraud that has seen five others plead guilty.

Michael Bloomberg to Return to Lead Bloomberg L.P. [DealBook]
Because, why not? Hizzoner owns 88% of the company.

Andrew Madoff, Who Told of His Father’s Swindle, Dies at 48 [NYT]
He had battled mantle-cell lymphoma since 2003.

Airline Seat Battles: Be Kind, Don't Recline? [WSJ]
Until you can afford — or get your company — to pay for upgrades, just don't do it. For humanity's sake.

'Mickey Mouse' And Other Costumed Characters Beat Motorist In Bizarre Road Rage Incident [HP]
Others involved in this fracas: SpongeBob Squarepants, Scrat from Ice Age and "some kind of spotted creature."

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