October 7, 2022

Accounting News Roundup: Tax Reform Takes a Beating; Light Speed to Partner; Best Picture Noms and Film Credits | 03.03.14

Business groups turn on Camp [The Hill]
Exhibit A: A threat from the American Bankers Association's Chief Lobbyist James Ballantine: “We could probably send out a press release every day on something in the tax reform bill that we are not necessarily enamored with.”

EU endorses non-financial reporting for large companies [Accountancy Age]
This should make auditing a little more interesting: "
Large companies within the EU must disclose a host of non-financial information in their annual reports under accounting rules agreed between the European Parliament and Council. Under the rules, certain public interest organisations will include a statement in their annual accounts about environmental, social and employee-related matters in addition to human rights, anti-corruption and bribery issues, and boardroom diversity."

How to speed the path to partner [JofA]
According to one person quoted "never gossip" is among the strategies.  

In actually-uttered-on-Twitter news:

Oscar-nominated movies already winners thanks to tax credits [DMWT]
Hooray for Hollywood!

Ex-executive for Pearl Jam sentenced in embezzlement [ST]
Rickey Goodrich received a 14-month sentence for stealing $300k over three years. 

Lil Wayne The Only Lien I Care About Is In a Double Cup [TMZ]
He failed to pay taxes of 
$5,843,952 for 2011 and $6,311,132 for 2012.

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

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 […]

a woman enjoying a coffee while she reads accounting news with her dog

Monday Morning Accounting News Brief: KPMG Drama; MBA Beats CPA?; ISO: Managers and Senior Managers | 9.26.22

Why is the Ontario Securities Commission examining Canadian audit firm ethics? Spurred by some critical comments, EY UK chair and managing partner Hywel Ball shares his opinion on the EY split: “Audit quality is going to be better.” KPMG and Deloitte alumni are doing some startup automation stuff. KPMG UAE is still working out some […]