With an average starting salary of $53,300, the class of 2013 might have to endure […]
Author: Caleb Newquist
Founding editor, Going Concern.
Herbalife’s Surprise Be-Our-New-Audit-Firm Sweepstakes Will Have a Winner Soon
Herbalife Ltd. is making progress in its search for a new accounting firm, executives said […]
God Only Knows Why Most Companies Still Manually Reconcile General Ledger Accounts
A recent report released by Robert Half and the Financial Executives Research Foundation found that "nearly […]
Accounting News Roundup: That Herbalife 10-Q Might Be a While; DOJ May Want to Rethink Prosecuting Elderly Widows; Sage Advice for Enterprising Tax Fraudsters | 04.30.13
Here's Herbalife Form 12b-25 notifying everyone that their first quarter 10-Q is going to be […]
Grant Thornton Is Movin’ On Up
We appreciate the fact that the firm is enthusiastic about their growth, but this is […]
Accounting News Roundup: PwC Dumps Las Vegas Sands; Three Accounting Firms Get Out of Iran; Marketplace Fairness Act Cheat Sheet | 04.29.13
Plus, PwC is after Roland Berger after Deloitted failed to impress, investors want their audit firm to also be their tax firm, and the health benefits of boogers.
Footnotes: Let’s Get to Know the New 3.8% Net Investment Tax | 04.26.13
Overview Of The New 3.8% Investment Income Tax, Part 1 [Forbes] IRS Releases FATCA Draft […]
Senators Look to Expand Eligibility for a Successfully Dysfunctional Tax Credit
Today, Senators Dick Durbin (D-IL) and Sherrod Brown (D-OH) introduced legislation that will not only extend […]
ANR: Brits Bring the Heat on Big 4 Over Tax Avoidance; The Fraudster You Know; SeaWorld CEO: ‘We won’t be a taxpayer for several years’ | 04.26.13
'Big four' accountants 'use knowledge of Treasury to help rich avoid tax' [Guardian]The so-called "big […]
Footnotes: PwC’s ‘Extraordinary’ Tax Avoidance Structure; Tiptoeing Around the Mortgage Interest Deduction; What a CPA Does, in Pictures | 04.25.13
Europe imposes mandatory rotation on audits Under reforms drafted by British MEP Sajjad Karim, companies will […]
ICYMI: BDO Picks Up Skechers After…Ya Know
Bravo Delta Oscar has come to Skechers' rescue and will re-audit the two years worth […]
(UPDATE) KPMG, in the Midst of Grief, Is Reminding the Academic Community of Their Business Success and Enthusiastic Employees
The KPMG apology tour continues. Well, maybe it isn't an "apology tour." It's more like, […]