Please ensure Javascript is enabled for purposes of website accessibility
November 27, 2022

Friday Footnotes: Important Announcements; WTF; Probes on Probes | 10.31.14

Ed. note: So, you guys may or may not have noticed we killed daily Footnotes this week. Obviously you didn't notice it at all since no one complained about it, which only validates our decision. Anyway, Footnotes are now moved to Friday. If you have a problem with this, feel free to complain. Have a wonderful Halloween, you kids! I'm staffing a Sexy Kitten Contest fundraiser in Richmond tomorrow night if any of our 5 total Richmond readers want to come down and support rescue kitties, hit me up. Stay safe! ~AG

Exclusive: American Realty Capital facing criminal probe over accounting – sources Sounds serious, y'all: "U.S. authorities have opened a criminal probe of American Realty Capital Properties in the wake of the real estate investment trust’s disclosure that it had uncovered accounting errors, two sources familiar with the matter said on Friday. The Federal Bureau of Investigation is conducting the investigation along with prosecutors from U.S. Attorney Preet Bharara's office in New York, the sources said. Further details of the probe could not be learned." [Reuters]

WTF [Twitter]

Caterpillar's accounting is under investigation again Caterpillar Inc. says the SEC is looking into accounting measures taken in its 2011 acquisition of mining equipment maker Bucyrus International Inc. The construction equipment company said in a regulatory document that the U.S. Securities and Exchange Commission issued a subpoena in September seeking information about the company's accounting for the goodwill relating to the deal. [St Louis Post-Dispatch]

Merger will mean expansion for one of Cincinnati’s largest accounting firms Dicosimo meets Elliott Davis, match made in heaven [Cincinnati Business Courier]

Halloween in Silicon Valley, Featuring Bouncy Houses and Beer Pong Oye [Valleywag]

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 in fall leaves

Friday Footnotes: How EY Fights Poaching; Lack of Staff Is Closing Doors; Accounting to Biglaw? | 11.25.22

Big 4 FRC to fine Deloitte £440k over 2018 audit [Accountancy Today] The Financial Reporting Council’s Audit Quality team has issued a notice of a proposed sanction on Deloitte, proposing a regulatory penalty of £440k after it was determined that the Big Four firm failed to comply with the auditing framework in its audit of […]

kitten in autumn leaves

Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22

Big 4 EY split threatens to weaken both sides of firm, say retired partners [Financial Times] More than 150 retired EY partners have written to the accounting firm’s leadership objecting to the radical plan to split its consulting and audit businesses. In a three-page memo seen by the Financial Times, the retired US partners say […]