Not sure how we missed this but whatevs. BKD made a move on a local Dallas firm, KBA Group LLP on June 1.
BKD will add eight partners, 95 employees, and approximately $16 million in revenues to its business.
According to AccountingWEB, “This expansion will allow BKD to meet the needs of the rapidly growing Texas market as it serves clients from its offices in Houston, San Antonio, and now Dallas.” Sounds like a BKD press release but if you say so…Enjoy the new boss, KBA!
BKD announces merger with Dallas-based KBA Group [AccountingWEB]
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(UPDATE 2) We Knew Accounting Firms Were Helping Haiti
- Caleb Newquist
- January 20, 2010
We just had to ask. In response to our post from this morning we’ve received several emails about what firms have done so far in the response to the devastation that was caused by the earthquake in Haiti:
• Deloitte – The firm contributed $100,000 to the Red Cross and Deloitte professionals are encouraged to donate to either the Red Cross/International Response Fund (immediate disaster assistance) or to the United Way Worldwide Disaster Fund are for long-term relief efforts. Donations will be earmarked for Earthquake Recovery.
• Moss Adams – The Firm is matching 100% of employee contributions up to $100,000. As of today, partner and employee contributions amounted to $30,000 and the firm is matching these contributions with $30,000 donations to both the Red Cross and World Vision.
• Ernst & Young – The Firm has created the “Ernst & Young Haiti Earthquake Relief Fund” and donated to $100,000 to get things started. All the funds donated by the firm and its professionals will go directly to Save the Children, Doctors without Borders, and Partners in Health.
• BDO – Jeremy Newman posted today on his blog about the firm’s efforts, including the office in The British Virgin Islands.
• Grant Thornton – The firm is matching employee contributions up to $50,000. The funds will be donated to the Red Cross and The Salvation Army.
• McKonly & Asbury – Scott Heintzelman — The Exuberant Accountant — along with his fellow partners and employees are working with Hope International to raise funds for the relief efforts. A spokesperson for the firm told GC that the firm is expecting to raise several thousands dollars.
• Crowe Horwath – Matching employee contributions up to $50,000. All funds are going to the Red Cross and UNICEF.
Keep us updated with your firm’s efforts and we’ll continue to post them.
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Non-Knights Don’t Think Rule Convergence Is All That Important
- Caleb Newquist
- December 23, 2009
Not everyone is as hung up on converging U.S. GAAP and IFRS as Sir David Tweedie.
As you may recall, Tweeds delayed his retirement in order to see the rules copulate and bring forth debit and credit harmony.
As admirable as his commitment to the project is, not too many people share his enthusiasm:
A survey by CFA Institute , an international association of more than 16,000 investment professionals, showed that three quarters of respondents believe that improving standards so they are more useful for making investment decisions is “at least as important if not more important” than reducing complexity or convergence.
While respondents generally support convergence, only 6 per cent of those surveyed, including research analysts, portfolio managers, corporate financial analysts and accountants, believe converging the International Accounting Standards Board and its US rival should be the primary objective.
It’s bad enough that Tweeds gets hassled by non-knighted clowns that don’t know a debit from their ass but now there’s a survey out there that says his pet project isn’t that important.
Plus, the SEC doesn’t seem too hung up on it and the FASB has its own problems. Has double-entry chivalry lost all its meaning?
Investors cool on audit convergence [FT]
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Footnotes: Morgan Stanley’s FINRA Fine; Tax the Rich, Say the Rich | 05.06.14
- Adrienne Gonzalez
- May 6, 2014
Prestigious schools get you paid but don’t make you happier Researchers found that attending a […]