Deloitte's Boshiwa exit a precursor to more China auditor resignations [Reuters]
Deloitte's resignation as auditor of a Hong Kong-listed childrenswear company this week could be the first in a run of accountant departures from Chinese companies in the coming weeks as the audit season draws to an end. Last year's spate of accounting scandals at U.S.-listed Chinese companies has made auditors more alert to the risk of financial irregularities and the consequences for them if they're found to be negligent. It's during the audit process, which usually finishes at the end of April, that problems come to the surface.
Deloitte bags Boshiwa as fraud season opens [China Accounting Blog]
Paul Gillis: "[H]old on to your seat. I expect a few more of these in the next few weeks."
Deloitte offers taxation with representation [WBJ]
65 Greend Dots provided free tax preparation to those with less than $50,000 in annual income.
Ian Powell holds onto PwC role for another four years [Accountancy Age]
Powell said: "I am absolutely delighted to have been elected as chairman and senior partner for a second term. It has been a privilege to lead PwC since 2008 and I am really looking forward to the next four years.
A former CIMA president is not impressed.
The former chief operating officer of the Fiesta Bowl pleaded guilty Thursday to a felony federal conspiracy charge for her role in a fraudulent campaign-contribution scheme. Natalie Wisneski entered the plea Thursday in U.S. District Court in Phoenix and could face up to a year in prison when she's sentenced on June 16. She also could receive probation. Prosecutors agreed to dismiss eight other felony counts as part of the agreement. Wisneski must cooperate with federal prosecutors and the Internal Revenue Service in continuing investigations into the bowl scandal.
You know, Facebook for the biz cas crowd.