Footnotes: Blow the Whistle; Quality of Our People; Get More Done in Fewer Hours | 10.20.14

Jury Awards Trinity Whistleblower $175 Million in Guardrail Suit Pays better than whistleblowing to the SEC even [WSJ] Oil falls below $86 as oversupply, global economy worries weigh As a CPA, you should...
0 comment

AICPA to EEOC: Classifying Partners as Employees Might Cause Full Destruction of Capital Markets

I could summarize the press release we just got on this but I think it's better if I quote the AICPA directly: In a letter to the Equal Employment Opportunity Commission (EEOC), the AICPA asked commissioners...
0 comment

AICPA Seeks to Better Weed Out Losers, Misfits with Evolved CPA Exam

The people who matter in the profession are all in the same room this week of the fall meeting of Council, which is going down in Boston, MA this year. You'll be catching lots of little buzzwordy bits...
0 comment

Footnotes: Morgan Stanley Goes Shopping; Canceled Debt; Obama Gets Declined | 10.17.14

Morgan Stanley, armed with cash from fixed income dump, goes shopping [Reuters] Collaborative workspaces are definitely a thing now [Boston.com] Big banks start charging clients for euro deposits [MW] Feds:...
0 comment

Let’s Watch This Audit Senior Quit His Job in the Most Fabulous Way

When you've spent the last four years of your life wasting away in an audit room, it's freeing to know you're on your way out. You may write and subsequently delete several angry farewell emails, or, if...
0 comment

Fired PwC Employee Is Suing Comcast But Not to Get His Job Back

Conal O'Rourke will not go quietly into that dark night without a fight, folks, he just wants you to know that. In case Comcast wasn't aware of that fact, he has filed a lawsuit. Gawker has the story: Conal...
0 comment

EY Now Hazing New Hires With the Awful EY Anthem

Our tip box has been abuzz with the EY Anthem (yes, it's a thing) over the last few days. Shaking our heads in disbelief, we tried to ignore it but the tips just kept coming in. Well, now we know where...
0 comment

Accounting News Roundup: Merger Madness; The Inequality Problem; Keurig Comes Out Clean | 10.17.14

Janet Yellen Warns of Inequality Threat [NYT]Janet L. Yellen, the Federal Reserve chairwoman, said Friday that she was concerned about the growing inequality of wealth and income in the United States,...
0 comment

Footnotes: Manipulation; Fake IRS News; A Bad Startup CEO | 10.16.14

SEC Charges New York-Based High Frequency Trading Firm With Fraudulent Trading to Manipulate Closing Prices [SEC] Goldman Evolves as Trading’s Share of Revenue Slides [Bloomberg Businessweek] Behind...
0 comment

#TBT: That Time Conspiracy Theorists Insisted Enron Founder Ken Lay Faked His Death

Normally, having a heart attack is a terrible thing. As an old guy, it's near the bottom of your to-do list and you likely do everything you can to avoid it, including giving up cigarettes, red meat, and...
0 comment