"Let me first say that I regret my actions in leaking non-public data to a third party regarding the clients I served for KPMG. Most importantly, and I cannot emphasize this enough, is that KPMG had nothing to do with what I did. The Firm bears no responsibility in this matter. These actions were by my choice and mine only.
Author: Caleb Newquist
Footnotes: Time to Name Audit Partners?; ‘I thought he was a nice guy’; Tax Reform Will Need Closed Doors, Actually | 04.09.13
Herbalife's KPMG Auditor Was a Cheerleader, Too [Bloomberg] Looking for KPMG's Mystery Man [WSJ] "I […]
Would You Rather: Have Part II of PCAOB Inspection Report Released or Find Out an Audit Partner Passed Along Inside Information?
Oh, to be a Big 4 firm these days. Yes, billions of dollars flow in […]
Memo to Any Recently Unemployed KPMG Partners: Gordon Ramsay Could Use Help with His Accounts Payable
I suppose there had to be other things going on today besides KPMG resigning from […]
(UPDATE) KPMG to Resign as Herbalife’s Auditor; Who’s Next? A: Skechers
~ Several updates below including the name of the partner fired by KPMG and statements […]
ANR: KPMG Fires L.A. Partner for Passing Insider Info; Judge Tosses Longtop Fraud Claim Against Deloitte; IRS Giving Free Lunch Getting a Second Look | 04.09.13
KPMG Fires a Senior Partner in an Insider Trading Episode [NYT]KPMG said late Monday night […]
Social Media’s Ideas for Tax Reform Can’t Be Worse Than Anything That’s Been Kicked Around So Far
Senator Max Baucus (D-MT) and Representative Dave Camp (R-MI) report in a Wall Street Journal […]
Ernst & Young’s Jim Turley Is the Justin Bieber of Accounting
Do you like your firm's CEO? It's really an odd question. When I worked at […]
Going Concern March Madness: The Busy Season Survival Final — Booze vs. Excel, There Can Be Only One
Finally, the champions of the two Busy Season Survival regions — Food & Bevvie and […]
Accounting News Roundup: Deloitte Hearts Emerging Markets; Auditors Under Attack; The Tax Lobby’s Insiders | 04.08.13
Deloitte Revenue Boosted by Emerging Markets, CEO Salzberg Says [BBW]Deloitte, whose services include audit, consulting […]
The Definitive ‘I’m Quitting Public Accounting’ Checklist
Busy season is coming to a close. Some of you are already done and are spending this Friday at a ballpark eating junk food and drinking heavily because that's exactly what you should be doing.
And some of you are still grinding it out because, with 10 days left until the most overhyped deadline in a tax professional's year, that's exactly what you should be doing.
Regardless of what bucket you fall into, this will be the last busy season for some of you. You may already know that or you may not, but it's a fact. And if you've never quit a public accounting job before, then there's a number of things you need to do before that last day comes. There are all kind of practical things that you should do of course, but this is NOT that list. Since when do accountants need to be told what's practical? Let's proceed.
Accounting News Roundup: Should E&Y Resign as HP Auditor?; Deduction Cap Momentum; Big 4 Is Good with HRC | 04.04.13
U.S. Economy Adds Just 88,000 Jobs [WSJ]Employers added 88,000 jobs last month, the Labor Department […]
