Footnotes: Cantor Goes Investment Banker; Lease Accounting is a Ticking Time Bomb; Adding Up the Numbers | 09.02.14

What Can a House Majority Leader Do for a Bank? What exactly is that smarmy fox Eric Cantor up to, anyway? [Bloomberg View] Top 10 U.S. colleges for an accounting degree This is shilling, obvs [USA Today] A...
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Here Are Just a Few Names Equally as Favorable as Arthur Andersen’s

Perhaps you heard the news today that tax firm WTAS decided to sprinkle a little coup padre on the dead name of Arthur Andersen to resurrect a zombie of a firm name: “Our issues with Enron were the mistake...
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The AICPA Is Taking Your Comments on the CPA Exam Now

Before those of you who spend your lives tweeting obscenties at NASBA for holding your score hostage get all excited, let's be sure we understand who we mean when we say "your" comments: The American Institute...
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Footnotes: Accountant Murderer Gets Sentenced; Tax Avoidance; Let’s Not Labor | 08.29.14

Ed. note: we're cutting out early for the long weekend in case you didn't notice. As usual, we're lurking around, so give us a holla if you need anything. Otherwise, we'll meet you back here on Tuesday....
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The PCAOB Has Added Some Interesting New Language to Inspection Reports

While we were ragging on EY yesterday for taking it up the AS5 from the PCAOB, we happened to notice some interesting new language in the inspection report. Now, this is not surprising as the PCAOB clarifies...
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This PwC Job Listing Gives Just a Little Too Much Information

So you're a skilled international tax person looking for a new gig. You come across this job posting on LinkedIn and find it interesting: Are you interested in the opportunity to work for an industry-leading...
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Footnotes: Accounting for Intangibles; You Remind Me of Crazy Eddie; Deloitte Digital’s New Offering | 08.28.14

Accounting for brands: Untouchable intangibles Accountants seem content to live with such quantum weirdness. Brand values can “swing wildly”, says Alan Teixeira of the International Accounting Standards...
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PwC Is Getting Into the Virtual Food Service Business

PwC learned me a new phrase today: digital spaghetti! dig•it•al spa•ghet•ti– the art of creating new words that describe something technical to educate your friends and co-workers; helpful when...
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EY Hits 50% Failure Rate on PCAOB Inspection, Gets a Grade of LOL on AS5

Today, the PCAOB released its latest inspection report on the firm formerly known as Ernst & Young. Now, before we get into that, let's get into a little history because everyone loves history, right? EY...
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KPMG Vice Chair Thinks the Future of Audit Includes 100 Percent Testing

Let's pretend you're an alien who just landed on Earth and for some odd reason you decided accountants are the supreme beings of this planet, therefore you want to read all about them and clicked on over...
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