December 3, 2021

Pay attention

Being an Ethical CPA Is Easier Than Ever Thanks to the AICPA’s Organizational Skills

The revised AICPA code of ethics may not help dissuade any future Scott Londons of the profession from trading on their audit clients but it should help you figure out if you can accept courtside seats from a client. From the Journal of Accountancy: Imagine you are the director of finance for a manufacturing company […]

A Little Housekeeping

Your cubicle isn’t the only place it’s busy season. We’ve been working hard to make your GoingConcern experience as streamlined as an ez401K, an effort we revealed today with a move to the popular Wordpress platform from our old Movable Type framework, a few design changes, a brand new comment system, and — yes, we admit — even a bit of downtime!

We realize that change can be scary, but we encourage you to tell us what you think in our new, more flexible comment system, which will allow you to sign in with your Twitter, Facebook, or OpenID accounts and make your voice heard loud and clear across the internet. We encourage you to give it a go — and of course sign up to follow GoingConcern on Twitter, become one of our fans on Facebook, or sign up for our e-mail newsletter.

On top of that, the choir of voices harmonizing on GoingConcern will be growing. You’ll be getting more frequent posts from the likes of The JDA and Francine; plus, we’re teaming with the gang at CFOZone for more corporate finance insight and analysis.

We’ll also be looking to interview more of you, dear readers, to hear more about what’s on your mind. If you or someone you know will make a good subject, or if you just want to play editorial director and let us know what we should be covering, just drop us an email at tips@goingconcern.com.

Koss VP Got Busted Just When She Was Getting Really Good at Stealing Money

Sue Sachdeva had this stealing money thing down so cold that she continually outdid herself, stealing greater sums of money every year until she was caught last month (thanks AMEX!).

If you need more evidence that everyone near this company (we’re looking straight at you Koss Family and Grant Thornton) was completely clueless, this should satisfy you.

Here’s the run down for the last six fiscal years ending June 30:

2005 – $2,195,477

2006 – $2,227,669

2007 – $3,160,310

2008 – $5,040,968

2009 – $8,485,937

Q1 and Q2 of 2010 – $10,243,310

Jesus, she was really getting good those last six months. Girl couldn’t spend it fast enough.

We’d really like to hear from GTers from the Milwaukee/Chicago offices to let us know how TPTB are handling everything. Maybe it’s NBD to them but we just want to know. We thought this story would stop getting ridiculous but so far it continues to impress.

Koss: Unauthorized transactions increased over years [The Business Journal of Milwaukee]