From the wild and wonderful world of Craigslist comes a small Las Vegas business who […]
Author: Caleb Newquist
Founding editor, Going Concern.
As it Stands Right Now, Deloitte Was the Worst Big 4 Audit Firm in 2010
Yesterday, the regulatory love child of Paul Sarbanes and Michael Oxley, the PCAOB, issued its […]
Accounting News Roundup: Raids on Olympus; Deloitte’s PCAOB Inspection Report; The ATR Nice and Naughty List | 12.21.11
Republicans in House Reject Deal Extending Payroll Tax Cut [NYT]By turning down a bill that was […]
Any Accountants Looking for a Holiday Volunteering Opportunity Should Contact Occupy Wall Street Immediately
You may have noticed that the media coverage of Occupy Wall Street has died down […]
CEO Finds KPMG Hong Kong Auditors to Be Arrogant, Incompetent, Ignorant, Indifferent OH! And Unprofessional, Can’t Forget Unprofessional
It's not really that odd that someone would sue an auditor for $100 million. It's […]
Accounting News Roundup: Congress Continues Payroll Tax Cut Tango; Madoff’s Ex-controller Pleads Guilty; Don’t Give Up on That Missing Pen | 12.20.11
Lawmakers Deadlock Over Tax Cut [WSJ]The threat of a New Year's tax increase loomed larger Monday, […]
You Can Officially Check “Updated COSO Internal Control – Integrated Framework” Off Your Wish List
Another Festivus miracle! The Committee of Sponsoring Organizations of the Treadway Commission (COSO) – an […]
Accounting News Roundup: Boehner Doesn’t Do Two Month Tax Policy; KPMG: MF Global UK Staff Face Threats of Violence; IRS S’Mores Are Coming Your Way | 12.19.11
Rule Change Would Shift Loan-Loss Accounting [WSJ]U.S. and international accounting rule makers have agreed in principle […]
Right Now KPMG CEO John Veihmeyer Is Locked in His Office Watching This Clip From “Rudy” Over and Over and Fighting Tears
This far from being Notre Dame's Jerry Sandusky moment but it still has to hurt. […]
KPMG Knows Something Jon Corzine Doesn’t Know
Looks like somebody owes someone a BIG thank you: MF Global Holdings Ltd.’s U.K. administrator […]
Accounting News Roundup: Madoff Ex-Controller Expected to Take a Plea; PwC’s Nally Works Hard for the Money; Deck the Halls with Tax Art | 12.16.11
MF Global Used Customers’ Money Days Before Company’s Failure, CME Says [Bloomberg]CME Group detailed its […]
Accounting News Roundup: Olympus on the Block?; AICPA Not Crazy About Auditor Rotation; Californians Ready for Tax Increases | 12.15.11
Banks use accounting loopholes to inflate profits and bolster bonuses [Guardian]Banks use accounting loopholes to inflate […]