Andersen Tax expands globally [AT]
Having defeated its hilariously inept French rival over the Andersen name, Andersen Tax is now back to doing whatever it can to convince people that reviving the firm wasn’t a terrible idea. In the AT article, CEO Mark Vorsatz lists off all the countries he’s going to like some online lifestyle guru, but also said that Big 4 firms “may reevaluate how they’re structured and what role audit plays in that.”
Blockchain could be your solution to spreadsheet fatigue [AICPA]
Seeing as how people reacted to a few CFOs suggesting to ditch Excel, I imagine the Excel loyalists will consider the idea that blockchain can replace their beloved spreadsheets like someone pitching a timeshare on Mars.
IRS Data Book [IRS]
Impress/put everyone to sleep at your next dinner party by reciting these stats: “During Fiscal Year (FY) 2017, the IRS collected more than $3.4 trillion, processed more than 245 million tax returns and other forms, and issued almost $437 billion in tax refunds.” Also, calm the irrational fears of any paranoid relatives by letting them know that only 0.5% of all returns were audited.
Previously, on Going Concern…
I mentioned EY’s assurance of adulterer site Ashley Madison’s users.
In Open Items, a user is deciding between tax and investment operations.
From the archives: Please Don’t Celebrate the End of Busy Season By Doing the Harlem Shake.
In other news:
- Naturally, the NHL is cashing in on the Scott Foster phenomenon.
- Founders of a virtual currency endorsed by Floyd Mayweather face criminal charges.
- GE to Sell Part of Health-Care Division to Veritas Capital for $1.05 Billion
- The Working Person’s Guide to the Industry That Might Kill Your Company
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