January 21, 2021

Happy 4th, Y’all!

Happy Murica Day, everyone!

Our benevolent handlers were kind enough to give us a three-day weekend so this is all you’re getting from us today. Knowing that some of you will be “at the office” holiday or no, here’s a little weekend reading. See you back here first thing Monday.

Working from home: What does the future hold? [Journal of Accountancy] MACPA CEO Tom Hood talks about what he likes (and doesn’t) about WFH.

Millionaires face near-zero chance of IRS audit — for now [Accounting Today] So far, the Internal Revenue Service has audited 0.05% of those earning $1 million to $5 million in 2018, according to data released Monday. For those reporting $10 million or more, that figure drops to 0.03%.

Wirecard Exposes Big 4 Accounting Lapses Endure Post-Enron [Bloomberg] A discussion about Big 4’s real culture problem.

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