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June 5, 2023

When accounting goes unaccounted for

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Friday Footnotes: More Bad News for PwC; Firm Leader Says AI Will Get People Back in the Office | 6.2.23 Bonus Season Is Not Looking Good at the King’s KPMG Promotion Watch ’23: EY Promotes 966 to Partner, Missing Last Year’s Record of 1033 Kill the Audit Industry, Says Ex-Auditor KPMG Gets Sued, Accused of Allowing Pirate-Like Activity at Credit Suisse

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CPA Exam

CPA Review Students: We Want Feedback on Your Study Program

by Adrienne Gonzalez

Hey folks, a concerned reader reached out the other day to vent about their current CPA review program and it got me thinking… instead of calling out one CPA review course, perhaps it's time to refresh our last guide to CPA review programs based on the insights of current students. Here's what I need: feedback! […]

Tax

Who Wants to Buy Sergei Fedorov’s House?

by Caleb Newquist

The former Red Wing star’s Bloomfield Hills, Michigan love rink is on the market in a short sale, as he is facing foreclosure.

In fact, he owes $2.1 million on two homes in the area and an additional $51,000 in property taxes, according to the Detroit News.

Federov claims that he lost $60 million because of Hyman Lippit, PC a local law firm. His money was tied up with a financial advisor named Joseph Zada who was also a client of Hyman. Fishy doesn’t even begin to describe this situation.

ANYWAY! If you’re interested in helping the guy out, you can get his 4,400 square foot, 4 bed, 4 bath (plus two halvsies) residence for under a mil. Plus there’s a gate! Make the man an offer.


Ex-Wing Fedorov faces foreclosure on two Bloomfield Hills homes [Detroit News via Tax Watchdog]