Please ensure Javascript is enabled for purposes of website accessibility
October 2, 2023

Footnotes: NYSCPAs Not Cool with New Audit Report Proposal; No Naming and Shaming; A Bronx Tax Bomber | 06.17.13

New York CPAs Object to Auditor Reporting Proposal [AT]

Re-Writing the Auditor's Report — The Financial Reporting Council Swings a Two-Edged Editorial Sword It has forever been a mystery why financial statement users have tolerated a reporting and assurance model, the scope of which is designed “to give reasonable assurance that the financial statements are free from material misstatement…”, without a clue from either issuers or auditors as to the magnitude or contours of the term “material.” [Re:Balance]

G8 isn't going for a "naming and shaming" as a method of discouraging tax avoidance. [DMWT]

Woman charged in 2nd buttocks-enhancement death [AP]

GAO Partly Blames Accounting Rules for Community Bank Failures [AT]

An accountant in the Bronx admitted to falsifing 100 or so tax returns. [NBC]

Delaware’s $97.5 Million Pot Hole If you're like me then for a split-second you thought this story was about marijuana. [TF] 

Wendy's Customer Loses His Shit After Finding Cheese on His Hamburger [Gawker]

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.

Comments are closed.

Related articles

Funny white cat-an athlete in a yellow sports headband, lying with yellow footballs, dumbbells and a yellow alarm clock standing nearby.

Monday Morning Accounting News Brief: PwC Is Turning Work Down?; TIL the President of Nigeria Worked at Deloitte | 9.11.23

Yay it’s Monday again! Praise Pacioli, there’s actually some stuff going on this morning. Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now: Stephanie Heredia’s promotion came a year too late and more than […]

Tuesday Morning Accounting News Brief: Getting Roofied at KPMG?; PwC: ‘Burnout Should Be a Concern’ | 9.5.23

Good morning and happy Tuesday. Hope everyone had a nice Labor Day, I had a productive weekend of being AFK at Meat Week (get your minds out of the gutter, it’s Fallout). Let’s get right into it. It is suspected someone spiked a colleague’s drink at a KPMG NZ get together, it isn’t the first […]