
Professor Accuses Professional Accountant Body of Hoarding Fines Like Smaug Hoards Gold
It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed Sheffield University’s Richard Murphy over the edge. The Professor of Accounting Practice at Sheffield’s Management School issued a new report chastising the group for hoarding funds. Murphy’s report [PDF] says the ICAEW is just flat out keeping fines and other […]
Ex-Accounting Professor Invited Students Over to Party, Secretly Filmed Them Using Bathroom (Allegedly!)
This kind of reminds me of that very special Golden Girls episode where Blanche went to college to finish her degree and was propositioned by her professor to get some "extra credit." Even though she was a total slut, she was completely offended at the very suggestion. At least in that case, though, the professor […]
IFRS Will Never Be Adopted in the U.S. If These Two Pointy-Headed Pauls Have Anything to Say About It
I know. What the hell? Isn't IFRS a predetermined given like Avengers 2 and Kardashian divorces? IFRS is tested on the CPA exam. The SEC already accepts IFRS in certain circumstances. For years we've heard about the Norwalk Agreement, the SEC roadmap, and FASB convergence or adoption or endorsement (or as it's more commonly known […]
Paul Krugman Doesn’t Like Being Included in GOP Tax Cut Talking Points
“The point is that I’m not a real small businessman, but I play one in anti-tax propaganda.”
~ The Professor was a little too sarcastic the first go round.