For the last two seasons, Going Concern March Madness pitted accounting firms against each other to decide just which firm was the coolest in this fair land. Sadly, we have decided to end this exercise. It was a good (?) run but has been exhausted for reasons that include: 1) a Rothstein Kass three-peat was not something anyone was prepared to endure and 2) the underlying premise of the bracket was based in fantasy or, dare I say, complete bullshit. Does this mean that Vault's annual prestige ranking has lost all purpose? That's not for me to say.
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Accounting News Roundup: The New COSO Tour, 2013; Grover Norquist’s Bracket; Taxing Superman | 03.21.13
H-P Raises Dividend by 10% [WSJ]Hewlett-Packard Co.'s board authorized a 10% dividend increase as the […]
Footnotes: Tax Reform Doesn’t Need Political Harmony and Other Things You Might Not Realize | 03.20.13
Tax reform prospects good, say veterans of 1986 reform “The fact that we don’t necessarily […]
Here Are Some Bad Busy Season Role Models
In the spirit of busy season, we figured this would be a good opportunity to […]
Members of Congress Seem Surprised That Tax Reform Meetings with Interest Groups Would Arouse Cynicism
Last month, the House Ways and Means Committee announced that it was creating eleven working groups […]
One Moss Adams Office Got Ready for March Madness By Dressing Up Like Gonzaga’s Kelly Olynyk
Gonzaga University is relevant for about ten days a year or so. I suppose since […]
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.
Accounting News Roundup: ‘The full-employment act for CPAs’; H&R Block Sued Over Tax Prep Snafu; Disappointing Robbery at CPA Firm | 03.20.13
Stressed Tax Preparers Find Relief in Mardi Gras, Massages [Bloomberg]"It’s information overload," says Lori Kelley, […]
Footnotes: California Tax-a-Thon Continues; A Calpers Story You Can Read; Argentina Upset With HSBC | 03.19.13
Argo, tax style: Fake movie made in attempt to hide tax fraud [Don't Mess With […]
Southern National Bancorp Not Ashamed to Admit That They’re Dumping KPMG to Save a Hundred Grand
Southern National Bancorp is swapping out KPMG as its auditor for Dixon Goodman Hughes Goodman. […]
BREAKING: Incompetent Tax Advisers May Get Fired
The Wall Street Journal is on it, you guys: Plenty of accountants make errors on […]
BDO Poaches a Prominent Healthcare Consultant From PwC and Issues a Press Release, Part I
Oh, how we love a good poaching expedition. Especially when a firm feels so good […]