October 2, 2022

Accounting News Roundup: Stop Networking and Start Talking; McGladrey First-Timers; Free Speech for All | 01.09.15

Bra-Stuffing School Money Embezzler Sentenced to Five Years [NBC Los Angeles]
Caught stuffing school money into her bra and walking out the door, the former accountant of a Rialto school district was sentenced to five years in prison Thursday for embezzling public funds. Judith Oakes pleaded guilty to eight counts of stealing $1.8 million in public funds from the Rilato Unified School District in December.

IRS contacts tax preparers about filing mistakes [Don't Mess With Taxes]
Rather than penalizing the tax pros who have filed questionable claims for clients, the IRS is, for now, opting for pre-season tax filing reminders encouraging more diligence and a little bit of homework.

Top five common interview mistakes [Deloitte]
Among them, oversharing.

Networking Is Bullsh*t [Lifehacker]
Stop networking and start meeting people.

Do you see what I see? [Twitter]

Jim Armitage: PwC whistleblower deserves a medal, not a jail sentence [The Independent]
If a leak were ever in the public interest, it was this one. Sure, we all knew Luxembourg was a tax haven, and those in the accounting profession may not have been surprised by the LuxLeaks revelations, but few outside that amoral bubble appreciated the true extent of the problem.

140 current female KPMG US employees join lawsuit against firm [Accountancy Age]
Of the 845 that have been processed by class action representative Kate Kimpel, of law firm Sanford Heisler, 142 are from existing staff. The opt-in period runs until 31 January. Kimpel claimed that the number of current employees that had already opted in was high. In similar instances, they tend to wait until the end of the time period before opting-in, to gauge response from their peers, she added. "It's easier for previous employees to opt in, they're less worried about retaliation. I'm sure the number of current employees [opted in] will rise dramatically," she told Accountancy Age.

Free Speech for Harvard and the SEC [Noah Feldman for Bloomberg View]
There's a little bickering going on here.

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