Please ensure Javascript is enabled for purposes of website accessibility

Accounting News Roundup: Penn State’s New Path for Accounting Students; Polling Americans on Long-term Investment; Amazon and Online Taxes | 04.22.14

Management Accountants Get an Edge at Penn State [AWEB]
Smeal College of Business is offering a Corporate Control and Financial Management concentration that will prepare students "for careers in industry, government, consulting, and advisory service firms that can lead to executive positions as treasurer, comptroller, budget director, and CFO." 

Rich Buy Real Estate, Poor Want Gold [Bloomberg View]
Barry Ritholtz dives into a recent Gallup poll that asked Americans to choose the best long-term investment. The results are fascinating.

Amazon Sales Take a Hit in States With Online Tax [Bloomberg]
And the fun is just beginning! "The push by states to collect taxes on Internet purchases has gathered momentum in the past few years. Amazon collects sales tax in 20 states, according to its website. More are set to follow as the company has become a popular target to help state governments generate more revenue to cover budget shortfalls; Florida is set to begin charging a tax on May 1. States lose an estimated $23 billion a year in uncollected sales taxes from Web retailers."

Colorado loses its CIO to Deloitte [DBJ]
Government worker is good enough for Deloitte. 

What’s in a Name: The Ongoing Saga of Medbox [Roddy Boyd/SIRF]
Roddy Boyd has an excellent long read about a scofflaw trying to capitalize on the medical marijuana business in Arizona.

Pantsless man busted after mooching ambulance ride in Vero Beach [OTB/TCPalm]
Just another day in paradise: "When Indian River County Sheriff's deputies discovered Timothy Torfonz Baker Jr., 20, he said he'd had booze, marijuana and 'possibly' crack cocaine. The case began about 4:15 a.m. April 6 when deputies went to an address on U.S. 1 for a disturbance. An ambulance crew taking a patient to a hospital reported a man, later identified as Baker, 'jumped aboard the rear railing to their vehicle and was riding the back of the ambulance,' a report states."

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.

Related articles

a dog wearing VR

Monday Morning Accounting News Brief: Deloitte on Microtransactions; More EY Split Roadblocks; Have You Become Irritable? | 11.28.22

Happy Monday! Here’s some stuff that’s going on. Several US audit firms told the Financial Times that they had elevated some or all of their crypto-related clients to the status of “high risk”, triggering a more thorough audit that will take longer and lead to higher bills; some clients could ultimately be dropped altogether. KPMG […]

woman working on a laptop with a dog beside her

Monday Morning Accounting News Brief: The Leadership Void; KPMG Gets Fined (Again); PwC Ups Leave | 10.3.22

Deloitte launches Global Sustainability & Climate learning program that aims to enhance skills and capabilities of Deloitte people to help address a global societal challenge. Dubai’s financial regulator has provisionally fined KPMG and one of its former partners $2 million over the firm’s auditing of Abraaj, the emerging markets private equity group that collapsed in […]