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December 3, 2022

Footnotes: Louis XIV’s Creative Accounting; Deloitte’s New Audit CEO; SEC Suspends Two KPMG Auditors | 06.27.14

Louis XIV’s accounting shenanigans and the threat they pose today [PBS Making Sen$e]

Deloitte Names Catherine Engelbert as Audit Practice CEO [AT]

Sleep as a Competitive Advantage [DealBook]

Yes, if You Cut Taxes, You Get Less Tax Revenue [TheUpshot/NYT]

Big Four Sell Out Hong Kong [BloombergView]

Ex-PWC Workers Win Class Cert. In ERISA Suit [Law360 (Sub)]

SEC Judge Suspends Two KPMG Auditors From Auditing Public Companies The auditors, John J. Aesoph and Darren M. Bennett, engaged in "highly unreasonable conduct" when they didn't properly scrutinize the loan-loss reserves at TierOne Bank of Lincoln, Neb., said Carol Fox Foelak, an SEC administrative law judge. She ruled that Mr. Aesoph should be suspended for one year and Mr. Bennett for six months. [WSJ]

Deloitte pledges 4,500 jobs as it opens digital agency [The Drum]

Longmont-based Left Hand Brewing's Wallace named E&Y Entrepreneur of the Year The Milk Stout Nitro certainly had a part in this. [T-C]

How Hot Is Too Hot for Your Computer to Run [Lifehacker]

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