God bless the PCAOB. Back in 2004, they created the Office of Internal Oversight and Performance Assurance (IOPA) just in case those smartass Peekaboo inspectors were getting a little too self-righteous all over your audit.
Apparently, the fact that the PCAOB has its own internal oversight board is supposed to make all of you auditors comfortable. That assumes you knew about it in the first place. We sure didn’t know this internal affairs-esque board-within-a-board existed.
Maybe realizing that the IOPA had virtually no identity among anyone, anywhere, the PCAOB did everyone the courtesy of updating its “About” section of its website today reminding us of the internal watchdog. So whether you’ve got a legitimate complaint or you’re just seeking sweet, sweet revenge on that know-it-all dick questioning your tickmarks and indexing method, now you can give the PCAOB a taste of their own medicine.
Internal Oversight [PCAOBUS.org]
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BDO May Be Taking a Crack at This ‘Global 6’ Thing
BDO is done messing around. Having watched Grant Thornton fail miserably at trying to get the bean counter universe to embrace “Global 6 Accounting Organization”, the firm, with the help of global CEO Jeremy Newman’s blog, are stepping it up a notch.
According to Newman’s post for today and Accountancy Age, all BDO firms are now operating under the name ‘BDO’ rather than, for example, ‘BDO Seidman’ for the U.S. firm and ‘BDO Stoy Howard’ in the UK.
The reason for the name change, according to the one managing partner:
Continued, after the jump
Simon Michaels, managing partner at BDO, said the move was not just about the “look and feel” of the brand but was aimed at “significantly increasing our market share”. If we present ourselves as a unified global network… then the clients experience the high level of service and that helps to drive the reputation,” he said.
See? It’s working already. A ‘managing partner at BDO’ means this guy could be anywhere. It’s a global firm, in case you’ve forgotten. And ‘increasing our market share’? Dude may not be saying ‘Global 6 Accounting Organization’ but that’s all we’re hearing.
Newman chimes in on his blog:
At the same time we will be updating the ‘look’ of our visual identity – which will hopefully be evident from this website. Nothing too dramatic – but building on the BDO heritage whilst signalling a more modern approach.
Call us unappreciative of the subtle changes for this new ‘look’ but it seems the same to us. Our speculation is that the new ‘BDO’ is striving for continuity amongst all its offices in order to saturate the market to the point that ‘Global 6 Accounting Organization’ bulldozes its way into the vernacular.
Discuss BDO’s strategy or perhaps your thoughts on ‘Global 6’ in general, in the comments.
BDO rebrand creates unified global identity [Accountancy Age]
For Those of You Not Already Walking on Water
Many of you have promised promised promised to stick with your resolutions this year and we think that’s admirable. Personally, we think you’re all fine the way you are but we understand that lots of you are perfectionists.
Whether it’s more appropriate use of work email or actually billing the hours you work, you’ve probably got some resolutions in mind. If we’ve nailed yours below, pull the lever or if you’ve got other ideas on how you’re going to be more kick-ass in 2010, share in the comments.
Thank God There’s a Facebook Specifically for Accountants Now
Social networking has reached new heights people. Now there’s a professional networking site that is specifically for “accountants, lawyers, and lenders”. HubStreet.com allows you to network professionally without that guy in IT trying to add you as connection because god, he’s such a geek.
No, HubStreet is here to make sure that those lesser beings out there can’t impose upon you in the virtual networking universe because you must enter your license number to even be allowed to register with the site*.
Get more details on this new method of wasting time at work, after the jump
HubStreet also claims “Take the Work Out of Networking” because God forbid you talk to anyone face to face or leave your home or office to meet other people. Or actually call them on the phone. THE HORROR.
HubStreet just finds people that thinks you’ll interact well with professionally and puts you in contact with them. Unfortunately, there doesn’t appear to be any sort of physical attraction widget implemented yet so you will probably most certainly continue to fail hooking up with your chosen “connections”.
Accounting Social Network Launches [Web CPA]
*Okay, not really