PCAOB Finally Gonna Vote on Partner Disclosure
The PCAOB announced earlier today that it will hold an open meeting next Tuesday to vote on the disclosure rules for naming the audit partner and other accounting firms that participated in the audit. I'm told that it will be a unanimous approval. With that in mind, it's more than a little bit ironic that […]
‘An Insult to the Accounting Profession’ and Other Highlights From Comments on the PCAOB’s Proposal to Disclose Names of Audit Firm Partners
Yesterday was the deadline for commenting on the PCAOB's concept proposal for disclosing the name of audit partners and "other participants in the audit." If this sounds familiar, it's because this was Plan C from the PCAOB (fourth round of comments) on this proposal and, miraculously, audit firms seem willing to live with disclosing partner […]
Will This Intern’s Trip to the Drunk Tank Jeopardize His Career Aspirations?
Over the years, we have received many questions regarding criminal histories and a life in public accounting. Not surprisingly, most of these cases have revolved around drugs or alcohol. We aren't talking about major meth production rings (that might be a small disqualification) or moonshining operations, but your run-of-the-mill silly college mistakes like getting tossed […]
Regional CPA Firm Rescinded Offer for DWI? Is That What Really Happened?
You just call on us brother, when you need a hand, we all need somebody to lean on, I just might have a problem that you'd understand, we all need somebody to lean on. So go ahead and call on us brother with an email, I just might have a problem that you'd understand. And […]
FYI: Mitt Romney Doesn’t Get to Use Form 1040EZ
Have you heard? People want to see Mitt Romney's past tax returns ASAP. Some people are so desperate to get questions about his taxes answered that they're throwing digits at the presumptive GOP nominee. Mittens has said that he'll release his 2011 return just as soon as it's ready (that task presumably falls to PwC's David Feheley, […]
So…Your Mother-in-law Is a Partner at a Competitor of Your CPA Firm…
Perplexed by corporate fashion dos and don'ts? Need remedies for comp/bonus anxiety? Are you an auditor that needs a go-to quip for those relatives who want help with their taxes? Email us your questions and we will answer them in order of stupidity. I have an upcoming interview at a large firm, but in one of […]