In honor of the vengeance justice handed down today by Judge Denny Chin, we found some of the better posts out there re: Master do Ponz getting smacked by the book:
Questions linger over $65bn fraud [FT.com]
Guesstimate Bernie Madoff’s Sentence [DealBreaker]
Madoff’s Little Helpers [Clusterstock]
The Real Victims of Bernie Madoff [Daily Intel]
Related Posts
Final Call for Tchotchkes
This is the final call for your firm’s schwag. The following submission is especially nice because someone at Ernst & Young was cool with a less than perfect item.
See this high-quality piece, after the jump
Quality in Everything We Do – Damn straight.
Arnie Signs 150-Hour Rule for California
No one panic, if you get licensed before 2014, you’re grandfathered in as substantially equivalent. So if you feel like procrastinating, don’t let us stop you but maybe keep the date in mind.
In addition to the new credit hour requirements, Ah-nuld also signed bills requiring mandatory peer review for CPA firms starting next year and requiring non-active CPAs to disclose their status. We thought those were both standard operating procedure but a couple more laws won’t hurt anything.
If you can’t bear the thought of 25-30 extra credit hours in college, move to Colorado, Puerto Rico, or the Virgin Islands as they’re the holdouts on the 150 credit-hour requirement.
California Adopts 150-Hour Rule [Web CPA]
Morale Boost – What’s it Going to Take?
As we reach another major deadline tomorrow, the rumors about layoffs have begun again. After years of bragging about how the awesome job security we all enjoy, accountants now find themselves as expendable as any other profession.
While that might be a stretch, it certainly feels that way. Morale at most firms continues to be in free fall but the communication from your firms seems to indicate that leadership has their heads in the sand when it comes to how you’re all doing. Instead, the message seems to be “we need you to do more, with less” but we really, really appreciate it.
Try to feel better, after the jump
Since one firm has already decided a certain, end of the year party isn’t going to happen, anything short of setting up kissing booths filled with Kardashians or Clooney/Pitt types, isn’t going to get the remaining troops to rally for the upcoming busy season.
And judging by your discussions, the upcoming busy season might seem like something between the fourth and fifth circles of the Inferno. So in order to get some ideas thrown out there, discuss in the comments your suggestions so your firm can get your love again.
We’ve already suggested McGladrey & Pullen make better use of their relationship with Natalie Gulbis but we’re not holding our breath on that front.