Footnotes: McGladrey Classic More Classic Than Ever; Your Future; Stupid Emails are the Problem | 10.22.14

Divided U.S. SEC adopts mortgage rule, decries lax lending U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did...
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White Guy Proudly Accepts Diversity Award for His Big 4 Firm

Last night, DiversityInc handed out awards to seven U.S. companies "that showcase best practices for workplace diversity" in New York City. Predictably, EY sent their white Americas Managing Partner Steve...
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Treasury Department Tells House Committee to Bug Off Until After Election Day

Today, Ways and Means Committee Chairman Dave Camp (R-MI) wrote to Department of Treasury Secretary Jack Lew regarding the Administration’s refusal to produce a key witness for interview prior to the...
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Accounting News Roundup: The Family Office; KPMG Gets Bigger; No Banker Party | 10.22.14

Why More Accounting Firms Are Creating Family Offices [Forbes]In case you really wanted to know. GOP: Majority would ‘get to truth’ on IRS [The Hill]Republicans vow to put the clamps on the IRS if...
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Footnotes: Tax Season Will be Complicated; Look Up; PwC Promotions | 10.21.14

Koskinen Warns Filing Season Could Be Most Complicated Yet [Tax Analysts] Taxpayer Barred From Communicating With CPA Still Hit With Late File Penalty Definitely an interesting read [Forbes] Why don't...
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Grant Thornton Warns Alumni the Sky is Falling

We wish we could tell you why Grant Thornton sent out this email to their alumni list today, unfortunately we don't have any clue. Not even crazy speculation barely rooted in reality. Even our tipster,...
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Your “Consider the Environment” Email Signature is Actually Inconsiderate to the Environment

We've all seen them, the stupid "please consider the environment" notices at the bottom of emails clearly written for the 5 people left on earth who actually print emails with some regularity. Well today...
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The CGMA Blog is Excited About the CGMA Exam

Because of course they are. Excited?  About an exam?  Seriously? Yes, seriously.  As studious and determined people with big dreams and ambitious life goals, we’re used to being tasked with reciting...
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Accounting News Roundup: Banks Have a Culture Problem; CPA to Pay for Failure to CPA; A Love that Burns | 10.21.14

Fed's Dudley Warns Banks Must Improve Culture or Be Broken Up [Bloomberg]Banks must change the way employees are compensated and take other steps to fix a corporate culture that encourages misdeeds or...
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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...
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