The best reason to go to work in late July is the commercial air conditioning. […]
Author: Caleb Newquist
Founding editor, Going Concern.
Oh Look, Another License Plate That Reminds You of Work While Sitting in Godawful Traffic
Either "EBITDA" was taken or the driver didn't appreciate the irony of excluding depreciation on […]
Accounting News Roundup: ‘Quarterly Capitalism’ and Bitcoin Ransoms | 07.27.15
Hillary Clinton Seeks End to 'Quarterly Capitalism' [Bloomberg]HRC wants to increase short-term capital gains taxes […]
Friday Footnotes: Marvel and the IRS; Work Less, Accomplish More; The Guy Who Flies for Free | 07.24.15
Have a great weekend, capital market servants. Hit the button at the top of the […]
Accounting News Roundup: SEC Probes Diageo; EY Gives Up a Fight in China; 50 Cent’s Accountant Isn’t Sure | 07.24.15
SEC Investigating Smirnoff Maker Diageo [WSJ]Diageo has been shipping excess inventory to customers in order […]
Oops: Grant Thornton Lost an Audit Client Due to ‘Inadvertent Scope Creep’
Ahhhh, independence. The albatross around the neck of the audit profession. Or maybe that's the PCAOB. Or maybe it's the technology. Fuck, I don't know. If you imagine all the giant birds shitting on auditors, ugh, that's a horrific thought.
Accounting News Roundup: BofA CFO Shakeup; PwC’s Traction in Consulting; BDO’s Revenue | 07.23.15
Bank of America Financial Chief Exits as Part of Shake-Up [WSJ]Bruce Thompson surprised many with […]
IASB Can Take a Hint, Will Delay New Revenue Recognition Rules
After releasing its proposal to delay its revenue recognition rule back in April, the IASB […]
Accenture Scrapping Performance Reviews
The firm formerly known as Andersen Consulting is getting rid of its annual performance reviews. […]
Accounting News Roundup: The Richest Bank; KPMG’s Latest Buy; Happy and Burned Out | 07.22.15
Wells Fargo & Co. Is the Earth’s Most Valuable Bank [WSJ]WFC's market capitalization hovers around […]
AICPA Fails to Take an Adequate Dig at Congress in Tax Extenders Press Release
The AICPA "commends" Congress for a lot of things that it shouldn't, among them, dragging […]