September 27, 2022

Accounting News Roundup: Tax Cut Deal Gets Broad Support; Boomers Clinging to Jobs; Deloitte Expanding Sustainability Business | 12.14.10

Tax-Cut Bill Draws Wide Support in Senate [WSJ]
Democratic opposition to President Barack Obama’s plan to avert an across-the-board income-tax increase Jan. 1 crumbled in the Senate on Monday, as a large bipartisan majority backed the legislation.The 83-15 procedural vote to advance the bill eases the way to final approval. It also marks a watershed for Mr. Obama, who unveiled the deal he had cut with Republican lawmakers only a week ago.Thirty-seven Republicans joined 45 Democrats and one independent in backing the legislation, a bipartisan alliance that stood in contrast to the largely party-line votes for Mr. Obama’s healic stimulus and other pillars of his first two years in the White House.

Carlyle’s Nachtwey on His Move to Legg Mason [FINS]
FINS chatted up the Deloitte alum on his move.

Ex-Mazars partners sues for unpaid expenses [Accountancy Age]
Robin Stevens claims Mazars owes him £1,400 in unpaid expenses and they’re not being adults about it, telling AA “It is unfortunate and disappointing, but sadly not surprising, that Mazars seem incapable of dealing with this simple matter in a professional and grown up way.”

Happy [Belated] Birthday, Ben Bernanke! [JDA]
Adrienne just so happened to turn the big 3-0 yesterday and it also just so happens that she shares it with her sworn nemesis. She continues her tradition of sending The Beard a nice, handwritten card.

When violence affects the workplace, what liabilities do employers face? [AW]
Don’t fool yourself, there are lots of crazies out there.

Bad News For Gen Y: Older Workers Clinging To Jobs [Janet Novack/Forbes]
Janet Novack informs us that Boomers may have to deal with Gen Y a little longer than they want to (it goes both ways), “A new analysis shows workers’ median length of time on the job rose markedly during the recent recession, as fearful workers—particularly aging baby boomers—clung to their existing positions and few new employees were hired on.”


US widens Stanford probe to brokers [FT]
Because this thing isn’t a big enough mess already.

Deloitte Acquires the Assets of ClearCarbon Consulting, Inc. and DOMANI Sustainability Consulting, LLC to Further Enhance Sustainability Offerings [PR Newswire]
With ClearCarbon and DOMANI, Deloitte takes a significant step forward in achieving its goal of being a leading sustainability services provider. The combined sustainability offerings create a new hub of sustainability excellence, highlighting a combination of strategic insights and deep knowledge of complex challenges impacting organizations across all industries and sectors. “Deloitte has identified the sustainability services market as a key growth area,” said Jessica Blume, national managing principal, research and innovation, Deloitte LLP. “As an emerging offering, the acquisitions of ClearCarbon and DOMANI will further strengthen Deloitte’s ability to help clients drive value, mitigate business risk, and drive growth, efficiency and innovation through improved environmental, social and financial performance.”

Tax-Cut Bill Draws Wide Support in Senate [WSJ]
Democratic opposition to President Barack Obama’s plan to avert an across-the-board income-tax increase Jan. 1 crumbled in the Senate on Monday, as a large bipartisan majority backed the legislation.The 83-15 procedural vote to advance the bill eases the way to final approval. It also marks a watershed for Mr. Obama, who unveiled the deal he had cut with Republican lawmakers only a week ago.Thirty-seven Republicans joined 45 Democrats and one independent in backing the legislation, a bipartisan alliance that stood in contrast to the largely party-line votes for Mr. Obama’s health-care bill, economic stimulus and other pillars of his first two years in the White House.

Carlyle’s Nachtwey on His Move to Legg Mason [FINS]
FINS chatted up the Deloitte alum on his move.

Ex-Mazars partners sues for unpaid expenses [Accountancy Age]
Robin Stevens claims Mazars owes him £1,400 in unpaid expenses and they’re not being adults about it, telling AA “It is unfortunate and disappointing, but sadly not surprising, that Mazars seem incapable of dealing with this simple matter in a professional and grown up way.”

Happy [Belated] Birthday, Ben Bernanke! [JDA]
Adrienne just so happened to turn the big 3-0 yesterday and it also just so happens that she shares it with her sworn nemesis. She continues her tradition of sending The Beard a nice, handwritten card.

When violence affects the workplace, what liabilities do employers face? [AW]
Don’t fool yourself, there are lots of crazies out there.

Bad News For Gen Y: Older Workers Clinging To Jobs [Janet Novack/Forbes]
Janet Novack informs us that Boomers may have to deal with Gen Y a little longer than they want to (it goes both ways), “A new analysis shows workers’ median length of time on the job rose markedly during the recent recession, as fearful workers—particularly aging baby boomers—clung to their existing positions and few new employees were hired on.”


US widens Stanford probe to brokers [FT]
Because this thing isn’t a big enough mess already.

Deloitte Acquires the Assets of ClearCarbon Consulting, Inc. and DOMANI Sustainability Consulting, LLC to Further Enhance Sustainability Offerings [PR Newswire]
With ClearCarbon and DOMANI, Deloitte takes a significant step forward in achieving its goal of being a leading sustainability services provider. The combined sustainability offerings create a new hub of sustainability excellence, highlighting a combination of strategic insights and deep knowledge of complex challenges impacting organizations across all industries and sectors. “Deloitte has identified the sustainability services market as a key growth area,” said Jessica Blume, national managing principal, research and innovation, Deloitte LLP. “As an emerging offering, the acquisitions of ClearCarbon and DOMANI will further strengthen Deloitte’s ability to help clients drive value, mitigate business risk, and drive growth, efficiency and innovation through improved environmental, social and financial performance.”

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