Nice job, E&Y. Hope to see the other Big 4 follow suit. Ernst & Young […]
Author: Caleb Newquist
Founding editor, Going Concern.
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There Seems to Be Some Confusion About the Official Office Hours at Deloitte Hong Kong
Busy season probably hasn't started in earnest for many of you but many people are […]
Accounting News Roundup: Olympus Sues Ex-Chairman; Jail Tax Fraud Gone Wild; KPMG Partners See Less Profit in UK | 01.09.12
Olympus Sues Former Chairman [WSJ]Olympus Corp. has filed lawsuits against former Chairman Tsuyoshi Kikukawa and several […]
The IRS Seems Surprised That the Tax Gap Isn’t a Lot Worse
Your efforts to keep the increase in the tax gap under $100 billion is greatly […]
Almost Everyone Thinks Mandatory Auditor Rotation is an Awful Idea
Back in August, the PCAOB issued a concept release on audit firm rotation and invited […]
For One Eide Bailly Partner, This Wipfli Merger Might Be “Like Getting Back Together with the Girl That Kicked Him the Balls at Prom”
On Wednesday we reported that the latest entries into the accounting firm merger orgy were Wipfli […]
Accounting News Roundup: KPMG Quits on Another Chinese Client; PwC Fined Over Commingling at JP Morgan; Dissecting Romney’s Tax Plan | 01.06.12
KPMG Quits as China Forestry Auditor, Deepening Concerns About Accounting [Bloomberg]China Forestry Holdings Co. (930), […]
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It Appears That the IRS Really Enjoys Auditing Millionaires
How do we know? Well for starters, the number audited tax returns with income over […]
Judge Would Like Someone To Look Her in the Eye and Explain Why Deloitte Isn’t Complying with a SEC Subpoena in Relation to a Company That Held Audit Workpapers Hostage
Remember Longtop Finanical? That's the Hong Kong-based company that Deloitte kicked to the curb last […]
All It Took Was Vital Organ Failure and Sepsis to Motivate This Accountant to Start His Own Firm
Some of you people have aspirations to start your own firm one day. We think […]
Accounting News Roundup: Rick Santorum Fever!; BDO’s NYC Acquisition; Overstock Layoffs | 01.05.12
Rick Santorum's tax plan [CNN]The former conservative senator from Pennsylvania would reduce the number of income […]
Newt Becker, Founder of Becker CPA Review, Has Died
If there was no Newt Becker, I probably wouldn't be a CPA (inactive) and neither […]