Fewer Companies Recovered Last Year After ‘Going Concern’ Warnings [WSJ]
The Big Revenue Recognition Fizzle [Accounting Onion]
Obama picks Yellen for top Fed job, urges quick Senate approval [Reuters]
IRS official: No ObamaCare problems [The Hill]
All Is Fair in Love and Twitter [NYT]
Avoid common mistakes on your extended Oct. 15 tax filing [DMWT]
Men’s Wearhouse Rejects $2.3 Billion Offer by Jos. A. Bank [DealBook]
Watch a Congressman Ask an IRS Official About Consorting with Satan [Gawker]
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Happy Monday! Here’s some stuff that’s going on. Several US audit firms told the Financial Times that they had elevated some or all of their crypto-related clients to the status of “high risk”, triggering a more thorough audit that will take longer and lead to higher bills; some clients could ultimately be dropped altogether. KPMG […]
Deloitte launches Global Sustainability & Climate learning program that aims to enhance skills and capabilities of Deloitte people to help address a global societal challenge. Dubai’s financial regulator has provisionally fined KPMG and one of its former partners $2 million over the firm’s auditing of Abraaj, the emerging markets private equity group that collapsed in […]
