“Transfer pricing is the corporate equivalent of the secret offshore accounts of individual tax dodgers.”
~ Senator Carl Levin (D-MI), in a less colorful manner.
Related Posts
So ‘Global 6 Accounting Organization’ Is Out of the Question?
- Caleb Newquist
- October 7, 2010
“The largest companies are generally served by one of the Big Four firms and I think that’s going to continue to be true and one of the reasons are the needs of that market place, due to the scale of those enterprises.”
~ Deloitte Global CEO Jim Quigley (who must have been making the rounds today) doesn’t see a return to the Big 5.
Exquisite Insults: PCAOB Edition
- Caleb Newquist
- October 1, 2010
“The Accounting Board Is a Sinecure Qua Non”
~ Headline over at Bloomberg BusinessWeek
Have Americans Embraced…Saving?
- Caleb Newquist
- July 14, 2010
“[I]t’s like saving money when they shop is a new kind of game, a way to stick it back to the man.”
~ Pat Conroy, vice chairman and Deloitte’s consumer products practice leader, is proud of all the consumers out there.