Accounting News Roundup: Toshiba’s Saga; PCAOB’s Progress in China; McGladrey on Campus | 09.08.15

Toshiba Slashes Earnings for Past Seven Years [WSJ]
All told, the company overstated its earnings by ¥224.8 billion ($1.9 billion). 

KPMG Australia reveals gender pay gap data [AFR]
It has no plans to reveal the current gap, rather "the extent to which the firm has narrowed that gap in the last four years."

Pittsburgh's Coolest Offices: Deloitte [PBT]
Hopefully the ping pong table doesn't go to waste.

Will China let the PCAOB in? [China Accounting Blog]
Paul Gillis writes in his blog that the PCAOB was allowed to inspect Deloitte's member firm in Hong Kong this summer and "[it] did not go well." Plus, he has a prediction:

Everyone I talk to at the accounting firms expects the PCAOB will be back next year to do inspections on the mainland. I expect an announcement of an inspection deal will be made during the state visit of Xi Jingping to Washington in the middle of this month. 

Are they handing out McGladrey or RSM swag? This could get confusing.

Jerry Bance, Conservative caught peeing in mug, no longer candidate, party says [CBC]
Despite being caught on camera peeing into a mug and then dumping it down the sink — during a service call — Mr. Bance insists that, "the footage from that day does not reflect who I am as a professional or a person."

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