By its own admission, Weatherford International has pretty awful internal controls. Back in March 2011, […]
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Accounting News Roundup: Tax Reform Is Not All It’s Cracked Up to Be; Being Tax-Exempt on the Other Hand…; Stanford Accountants Plead Dumb | 11.15.12
Tax Reform Won’t Save the World [Bloomberg]Tax reform “will result in the additional revenue the […]
Footnotes: Accounting Fraud Lives; France’s Nutty Tax; Can Merging Firms Bust the Big 4? | 11.14.12
Accounting Fraud Cases Are Dead. Long Live Accounting Fraud Cases. [Forbes] Congressional Report Blames Corzine […]
Three McGladrey Auditors Learn a Tick in Time Saves Nine
Everyone knows if you're going to add evidence after an audit is over, you have […]
The Fiscal Cliff: As a CPA, People Expect You to Know this Crap
You spent five (or more) years studying to be an accountant, passed the hardest professional […]
SEC Completely Aware That Their Final Staff Report on IFRS Is Totally Jinxed
When a supporter of IFRS thinks about the SEC and how they've managed to successfully […]
Inability to Access “Let’s Get it On” Station on Hump Day Not Sitting Well with One Ernst & Young Employee
Ernst & Young has long been known to frustrate employees by blocking a certain Internet […]
Accounting News Roundup: Obama Opens the Bidding; The Tax Season From Hell; What Exactly Is a “Loophole”? | 11.14.12
Obama Sets Steep Tax Target [WSJ]President Barack Obama will begin budget negotiations with congressional leaders […]
Footnotes: Zynga CFO Done Movin’ Up; Geithner Goads GOP; Denmark Trims the Fat Tax | 11.13.12
Zynga CFO David Wehner leaves for ‘senior finance position’ at Facebook [AP] Judge Orders Overstock.com to […]
Rita Crundwell to Appear in Federal Court Tomorrow with a Long Face
With the ponies, RV, and Thunderbird all gone, the ex-Dixon, Illinois comptroller must have figured […]
Report: There’s Nothing Extraordinary About Sandy
Companies are unlikely to be allowed to classify damage from Hurricane Sandy as “extraordinary” for […]
PwC Wants the PCAOB To Get Better
PwC's November just got more annoying. According to the PCAOB's latest inspection, 41 percent of the […]