October 5, 2022

Footnotes: Thievin’ IRS Peeps and Unsustainable Debt, Good Times! | 04.17.13

IMF Sees Some Corporate Debt Unsustainable in Parts of EU [Bloomberg]

The Wall Street Journal finally caught up on the guy almost beaten to death who emerged from his coma to become a CPA. At KPMG, mind you, but still a CPA. [WSJ]

Spanish firm Pescanova is deeply embroiled in an accounting scandal and have fired BDO but don't worry, KPMG is on it. [Reuters]

California Pension Approves Accounting Change With Rate Boost LOL CalPERS is still broke [Bloomberg]

Fed authorities charge 24 IRS workers with theft [Miami Herald]

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

screengrab from the movie Network

The PCAOB Has Had It With Shoddy Audit Work Performed by Affiliates

In its ongoing effort to tell audit firms that it means business this time for real, the PCAOB is reminding firms that local affiliates will be held to the same standards as the U.S. firms they are affiliated with. Said PCAOB Chair Erica Williams to the Financial Times: “[Global audit firms] know that we are […]

rapper Fat Joe

Fat Joe is Suing BDO

TMZ reported over the weekend that Fat Joe is suing his longtime accountant Andre N. Chammas and Chammas’ firm BDO for alleged misappropriation of funds. Oh and he claims that BDO is running some kind of Ponzi scheme. According TMZ’s review of the legal documents, Fat Joe noticed “some accounting regularities” after Chammas’ assistant Vanessa […]