AICPA Council Approves 12-Point Plan to Do F*ck All to Solve the Accountant Shortage
Last week, the AICPA released a revised pipeline acceleration plan, the goal of which is to get more young people into accounting to save the profession from extinction. To save you a click, I’m putting it here. At its spring meeting in Washington this week, the AICPA’s governing body (“Council”) approved this plan. Yay. Cue […]
Sounds Like the EY Split is Going Forward Whether Partners Want It to Or Not
EY Global Managing Partner Andy Baldwin was on a Reuters Breakingviews podcast recently and in the interview — besides suggesting that other Big 4 firms will follow EY’s lead toward a split despite these other firms saying they have no plans to do that — he made it sound like the split is happening one […]
Deloitte Informs Indiana Officials That When You Let $526 Million Go Missing That, Yeah, It Can Take Awhile to Find It
Maybe you're not aware of this, but the state of Indiana lost track of $320 million in corporate taxes. Yep! They know that "state workers did not properly enter changes in the state's tax collection system" but why it took them four years to discover the problem is anybody's guess. Oh, and they also owe […]
Sheila Bair’s Awkward, Not At All Funny Suggestion To Save America
In a recent Washington Post op-ed, former FDIC chair and perpetual-pain-in-Bernanke's-backside Sheila Bair takes some stabs at the Fed's Easy Money For Everyone plan to get our economy chugging back to life and, in the process, makes the entire thing really, REALLY awkward. Cue crickets. Are you concerned about growing income inequality in America? Are […]