With a business name like "99¢ Only Stores," no one would blame you if you […]
Author: Caleb Newquist
Founding editor, Going Concern.
ANR: PwC Partner Agrees to Punishment; “The reality is that the FASB believes that U.S. GAAP is better.”; GOP’s Similar Tone on Taxes | 11.19.12
PwC auditor sidelined until 2015 for $2.1b Centro debt bungle [SMH]PWC partner Stephen Cougle has […]
Footnotes: IFRS Someday (Maybe); Justice in Refco Fraud (Not Grant Thornton); Accounting Royalty (By Marriage) | 11.16.12
Investors Predict U.S. Will Adopt IFRS Fifty-seven percent of investors anticipate the SEC will one […]
Grown Man Curious to Know If Other Accountants Are Experiencing Mockery From Coworkers, Mom Issues, Crabby Spouse During Movember
For the past several years, the month of November has been flush with gentlemen, dudes, […]
Accounting News Roundup: Ta-Ta to Twinkies?; SEC’s Flood of Whistleblowers; Fair Value: Pension Edition | 11.16.12
Ex-Needham CFO Arrested in Theft From Firm [WSJ]As chief financial officer at Needham & Co., […]
Footnotes: Deduction Cap Danger; The PCAOB’s Homework for 2013; Norquist Wins in Early Fiscal Cliff Battle | 11.15.12
The Hidden Economic Damage of Deduction Caps [Martin Sullivan] Banks And Companies Not Taking Full […]
Stop What You’re Doing and Get One of These 2013 Corporate Scandal Calendars at Once
As dutiful capital market servants, it is crucial that you know all the important dates […]
The IASB Poaches a KPMG Partner and Issues a Press Release, Part I
You know, losing a partner to a larger, more prestigious rival is one thing; losing a […]
ICYMI: WFT’s Tax Accounting Is Still a Giant WTF
By its own admission, Weatherford International has pretty awful internal controls. Back in March 2011, […]
Accounting News Roundup: Tax Reform Is Not All It’s Cracked Up to Be; Being Tax-Exempt on the Other Hand…; Stanford Accountants Plead Dumb | 11.15.12
Tax Reform Won’t Save the World [Bloomberg]Tax reform “will result in the additional revenue the […]
Footnotes: Accounting Fraud Lives; France’s Nutty Tax; Can Merging Firms Bust the Big 4? | 11.14.12
Accounting Fraud Cases Are Dead. Long Live Accounting Fraud Cases. [Forbes] Congressional Report Blames Corzine […]
SEC Completely Aware That Their Final Staff Report on IFRS Is Totally Jinxed
When a supporter of IFRS thinks about the SEC and how they've managed to successfully […]