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March 20, 2023

When accounting goes unaccounted for

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23 MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.” Accounting Firm Leaders Cite ‘Rising Salaries’ As The Second Biggest Problem Facing Their Firms With Project Everest on Pause, Let’s Pause a Sec to Shed a Tear For EY’s Reputation As Transaction Advisors WTF Happened at SVB and Should KPMG Auditors Have Seen It Coming?

drug trafficking

News

#WednesdayWisdom: Money Laundering Is Not a Specialization CPAs Should Pursue

by Jason Bramwell

Laundering your blue Oxford dress shirts, blouses, gray trousers, and fleece vests, good. Laundering money, bad. From the Times of San Diego: A San Diego-based certified public accountant was sentenced Tuesday to 21 months in federal prison for his role in an international drug trafficking, gambling and money laundering organization led by former University of […]

Taxes

Seasonal Tax Preparers Would Be Wise to Dismiss Drug Trafficking As an Option in the Off-season

by Joe Kristan

The life of the seasonal tax preparer isn’t for sissies.  You work your butt off for 15 or so weeks, neglecting family and loved ones, and then you still have 37 weeks to kill.   Some people just live off their tax season earnings and the odd extension.  Some find work that matches the tax […]