Kill the Audit Industry, Says Ex-Auditor
In the WaPo opinion pages yesterday one Duncan Mavin, who got his start in the 90s, says the best way to solve the audit industry’s many conflicts is to kill it altogether. He starts the piece summoning the ghost of Enron, as all writers do when discussing what happens when audit goes wrong. Bringing things […]
Immigrants Aren’t Ethical and Don’t Properly Report Their Income, Says Guy Who Reads Accounting Today
Yesterday morning, Accounting Today published a few letters from readers sent in response to AT’s August 26 article titled Do we need accounting firms? Editor-In-Chief Daniel Hood specifically invited reader comment when he asked out loud if we can do without accounting firms and, as expected, there were comments to be had. Like Randy Crabtree, […]
Audit Firms Are Making More Money Than Ever But Their Auditing Still Sucks, Says Guy
For today’s episode of “What Can We Rag on Big 4 Firms For” we’re going to dive into this article I came across this morning in Fair Observer, an independent outlet which I’ve never heard of but hey, any article that bashes Big 4 firms is OK in my book. Let’s be real, visiting Going […]
Headline of the Day: ‘The CPA Exam Should Adopt Remote Testing’
I’m sorry to tell you that’s not an article on the NASBA blog, but rather an opinion piece in The CPA Journal by John “Jack” Castonguay, PhD, CPA. In it, he argues that remote testing benefits candidates as they will have certainty around scheduling their dates, and the profession overall as it ensures a steady […]
This NYT Op-Ed About Millennials is Bad and You Should Feel Bad
How old are we — the oldest, saltiest, most bitter of the Millennials — going to be when older, saltier, more bitter Boomers finally stop writing articles like this about us? I mean, guys, we're pushing 35 now — we have kids and mortgages and retirement plans. Are the curmudgiest Olds going to be sitting […]
What’s the Cutoff Date for Leaving Your Accounting Firm Pre-Busy Season?
Are you in desperate need for advice from one of the GC hacks? Email us at [email protected] and we'll draw straws to see who gets to ruin your life. Hello GC, This is more of an opinion question from you and the GC community than actual advice. My question is particularly now before busy […]