Author: Greg Kyte
‘Little GAAP’ vs. Financial Reporting Framework: As a CPA, People Expect You to Know This Crap
Welcome to the latest edition of Accumulated Deprecation, Greg Kyte's monthly column. Go here to read more of Greg's posts.
Detecting and Preventing Sex Fraud Isn’t All That Different From Detecting and Preventing Financial Fraud
Lapping Schemes Are For Stupid People and Dogs with Access to Lidless Toilets
Any licensed CPA caught perpetrating a lapping scheme should have his or her license revoked […]
Going Concern Contributor Is a Suspect in a $60 Fraud Case
Ed. note: We welcome back Greg Kyte after a brief post-April 15th vacation. He'll join […]
Intuit Loves That You Hate Doing Your Taxes
In the last five years, Intuit, the maker of TurboTax, has spent $11.5 million lobbying […]
KPMG’s Official Statement Meets Mystery (Bachelor of) Science (in Accounting) Theater
When a giant insider trading turd hits the fan of independence, KPMG spokesman Timothy Connolly is […]
Staffing Changes at Going Concern (or Why Accounting Media Journalists Should Be Required to Take Ethics CPE)
Hold on to your butts. Last week, Going Concern was in the (presumably) capable hands […]
Dear IRS, Please Make More Parody Videos
Everybody can shut the hell up because I love the IRS's Star Trek and Gilligan's Island videos. Don't get me wrong. I regularly benefit from the IRS being a convenient whipping-boy and joke-butt, and these videos suck major donk. But that's why I love them … because the IRS took a risk.
Internal Controls Are of the Devil (Or: Why Stealing from the Catholic Church Is So Easy)
The other day I asked my wife if she'd be mad if I started a new religion. I clarified that she would not be required to join my new religion; I just wanted to know if I'd have her support. She didn't really answer. Not out loud. But her nonverbal message was as clear as an auditing standard that was clarified in the Clarity Project1. What she wasn't saying was either (a) she'd be pissed if I really did it, or (b) she'll tolerate my stupid questions, or (c) she'd be shocked if I could get more religious followers than I have Twitter followers2.
A CPA’s Guide to a Successful Observance of St. Patrick’s Day
For CPAs, St. Patrick's Day is usually just one of several holidays that becomes a casualty of busy season. On Presidents' Day we were unable to engage in parliamentary procedure, on Mardi Gras we are unable to get laid, and on Valentine's Day we are unable to get laid1.
Most Americans Disapprove of Cheating On Taxes; Some Want to Cheat Like Tiger Woods
A recent poll, commissioned by the IRS, found that the overwhelming majority of taxpayers think that […]
