Please ensure Javascript is enabled for purposes of website accessibility
December 9, 2022

Footnotes: Lehman Leftovers; Small Business Freak-outs; EGCs Skipping Accounting Exemptions | 12.13.12

Lehman Troubles Not Over For Ernst & Young [Forbes]

Not All Companies Would Welcome a Lower Tax Rate [DealBook]

Ed Ketz, half of team Grumpies, is retiring from blogging. [GOA]

Small businesses are freaking out about the fiscal cliff now. [WaPo]

Roseville's Solar Power switches accounting firms KPMG is out. Crowe is in. [SBJ]

In other KPMG news, the firm will review the governance of the International Cycling Union and Cycling Anti-Doping Foundation. [CN] 

New IPOs Foregoing Accounting Exemptions: Report [CFOJ (Subscription)]

Mozilo Unbowed Says Countrywide Was ‘World-Class Company’ Countrywide Financial Corp. co- founder Angelo Mozilo said under oath last year that he had “no regrets” about how he ran the mortgage firm and that he only agreed to a record $67.5 million regulatory settlement in 2010 to protect his children. [BBW]

DealBook Conference Was Impressive, Lucrative and Chummy [NYT/PEJ]

'Ditto' Christmas Lights Display Is One Woman's Answer To Tacky Neighbors An Arizona woman who knew she couldn't compete head on with her neighbor's elaborate Christmas light display is attracting attention for her response. Using red and green lights, Kristina Green of Maricopa spelled out the word "ditto" and made an arrow pointing toward her neighbor's home. [AP, Earlier]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

a dog wearing VR

Monday Morning Accounting News Brief: Deloitte on Microtransactions; More EY Split Roadblocks; Have You Become Irritable? | 11.28.22

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 […]

woman working on a laptop with a dog beside her

Monday Morning Accounting News Brief: The Leadership Void; KPMG Gets Fined (Again); PwC Ups Leave | 10.3.22

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 […]